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Crypto Chronicle Balancer Hack France Crypto

France Taxes Crypto, Balancer Hit for $116M, Chanzo Director Dumitru Ionescu in Focus

This week in crypto: France has added cryptocurrencies to its wealth taxes, raising alarms among European investors. A nefarious actor targets Balancer, stealing $116M...

June24 hours ago

circle_weighs_in_on_genius_act_implementation_simple_strong_rules

Cryptocurrency

Circle Calls for Fair Stablecoin Rules Amid GENIUS Act Implementation Debate

As the US Department of the Treasury prepares to implement the GENIUS Act, Circle urges a level playing field for banks, nonbanks, and stablecoin...

Samarth2 days ago

banks_lobby_us_treasury_for_blanket_stablecoin_yield_ban_coinbase

Business

Coinbase and Banks Clash Over GENIUS Act Implementation: Stablecoin Yield Ban Sparks Debate

The GENIUS Act, regulating stablecoin payments in the United States, is at the center of a heated debate. Coinbase urges the US Department of...

Satpal S2 days ago

Cryptocurrency

First Post-Mortem Report Reveals Balancer’s $116 Million Exploit Was Sophisticated

The company behind Balancer, a decentralized finance (DeFi) protocol, has posted a post-mortem on the $116 million hack of its stable pools. The Balancer...

June3 days ago

SEC says it could challenge FTX crypto repayment plan

Cryptocurrency

The SEC can still question FTX’s plan to repay stablecoins

The U.S. Securities and Exchange Commission (SEC) has hinted that it might question FTX's plan to use stablecoins to pay back its debts. While...

ContributorSeptember 2, 2024

Cardano’s Chang hard fork successful as it shifts to decentralized governance

Cryptocurrency

Cardano starts its journey toward decentralized governance with the success of the Chang hard fork

Cardano's successful Chang difficult fork is a big step toward autonomous government because it lets people who own ADA directly take part in making...

Satpal SSeptember 2, 2024

Canadian court orders 1.2M Bitcoin loan repayment

Cryptocurrency

Canadian court orders $1.2 million Bitcoin repayment in a landmark cryptocurrency dispute

In a case involving a Bitcoin loan disagreement between Hung Nguyen and Daniel Tambosso, the Supreme Court of British Columbia has ruled that $1.2...

AlexSeptember 1, 2024

By 360

Ethereum Market Update: Why the Cycle Isn’t Over Yet

Ethereum is showing no signs of cycle top distribution, and market data suggests the crypto’s cycle is still in full swing. Here’s why this...

Satpal SAugust 30, 2024

Cryptocurrency

Stable Money now works with Coins.ph’s pegged stablecoin, which makes sending money easier

Stables Money is now using PHPC, Coins.ph's stablecoin tied to the Philippine peso, to improve its money transfer services. This move comes after Stables...

AlexAugust 29, 2024

The SEC of Nigeria is targeting unregulated cryptocurrency exchanges in order to safeguard investors

Business

The SEC of Nigeria grants Quidax its first license as a bitcoin exchange. The business can grow because of this

The SEC in Nigeria gave Quidax its first short-term license to work. This is very important for the bitcoin business in the country. The...

AlexAugust 29, 2024

Cryptocurrency

NCR Atleos Shows Off New Bitcoin-to-Cash Feature at ATMs Across the Country

Through LibertyX, NCR Atleos has added a new Bitcoin-to-cash tool that lets users in more than 30 states turn Bitcoin into cash at ATMs....

AlexAugust 29, 2024

TeraWulf launches new Bitcoin mining facility, eyes major tech partnership

Business

TeraWulf Shows Off Its Brand-New Bitcoin Mining Facility and Looks for Big Tech Partnerships

The WULF Den, TeraWulf's new 2-megawatt Bitcoin mining facility, will open in early September. The facility will grow to a 20-megawatt facility by the...

AlexAugust 29, 2024

Cryptocurrency

The Bitcoin Experiment in El Salvador: What People Thought Actually Happened

President Nayib Bukele says that El Salvador's attempt to use Bitcoin as legal currency has had trouble getting wide acceptance. Even though the cryptocurrency...

Satpal SAugust 29, 2024