Category: Latest news

[ad_1] Circle and Tether have blacklisted five addresses containing $67.5 million worth of assets stolen from Multichain on July 7. USD Coin (USDC) issuer Circle froze three accounts holding $65 million worth of stolen assets, including 63 million USDC, PeckShield tweeted. Tether, which issues USDT stablecoin, froze another two accounts containing 2.53 million USDT, Fantom…

The outlook for DeFi lending remains strong – The industry is mature and ripe for institutions

Jul 8, 2023

—

by

[ad_1] The following is a guest post from Robert Alcorn, co-founder and CEO of Clearpool. As we enter the mid-point of 2023, the DeFi lending market continues to grow, observing a 20.5% increase in Total Value Locked (TVL). This reflects a shared consensus among traditional and crypto-native institutions that DeFi has the potential to solve…

Crypto.com seeks to recover $76K related to transaction error

—

by

[ad_1] Crypto.com has recently submitted legal documents, dated July 7, in a bid to recover from an erroneous $50,000 transaction and over $26,000 in additional funds generated as a consequence The case revolves around an incident involving Georgia resident James Deutero McJunkins Jr., a Crypto.com user who allegedly received an erroneous deposit of $50,000 in…

Centralized exchanges lost nearly $11B to hackers over the past decade

—

by

[ad_1] The crypto industry has lost slightly more than $30 billion to hackers since 2012, with over 30% of that ($10.95 billion) stolen from centralized exchanges, as revealed by research conducted by blockchain security firm SlowMist. The security firm reported that between 2012 and 2023, these exchanges endured 118 hacks, with the two most significant…

US presidential candidate RFK Jr.’s financial disclosures reveal up to $250,000 in Bitcoin

—

by

[ad_1] Financial disclosures reveal that the family of U.S. presidential candidate Robert Kennedy Jr owns Bitcoin (BTC) worth up to $250,000 The June 30 filing showed that he owns between $100,001 and $250,000 and has earned less than $201 from the investment in the flagship digital asset. The filing does not provide additional information on…

Is this upstart app the reason Meta’s Threads does not have a website?

—

by

[ad_1] Meta’s Threads launched on July 6 to worldwide notoriety as the platform acquired tens of millions of users on its first day. Yet, it appears Meta also has its DNA on another threads app launched in 2022. Users quickly noticed that the Threads app lacked any desktop interface or website. Further, the terms and…

Gemini sues Digital Currency Group and CEO Barry Silbert over Genesis Capital insolvency

—

by

[ad_1] Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has filed a civil lawsuit against Digital Currency Group (DCG) and its CEO Barry Silbert. The lawsuit is rooted in a dispute over the insolvency of Genesis Capital, a firm with which Gemini had a significant business partnership. Gemini co-founder Cameron Winklevoss announced the suit on…

Crypto community questions SEC probe into DeFi protocol BarnBridge

—

by

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

Majority of FSI customers comfortable with crypto, less so AI

—

by