Cointelegraph By Prashant Jha
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Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Cointelegraph By Prashant Jha - 0
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new DeFi report has highlighted that a significant amount of crypto lost to exploits was due to traditional Web2 flaws and...
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Cointelegraph By Prashant Jha - 0
Bitcoin (BTC) services platform Swan Bitcoin warned its customers that it would be forced to terminate accounts found interacting with crypto-mixing due to the regulatory obligations of its partner banks. Customers were informed about the policy in a letter suggesting the changes are due to the United States Financial Crimes...
Chinese hackers use fake Skype app to target crypto users in new phishing scam
Cointelegraph By Prashant Jha - 0
A new phishing scam has emerged in China that uses a fake Skype video app to target crypto usersAs per a report by crypto security analytic firm SlowMist, the Chinese hackers behind the phishing scam used China’s ban on international applications as the basis of their scam, as several...
BlackRock ETH ETF helps price past $2K; community sees BTC ETF as ‘done deal’
Cointelegraph By Prashant Jha - 0
The world’s largest asset manager filed for a spot Ether (ETH) exchange-traded fund (ETF) on Nov. 9, four months after filing for a spot Bitcoin ETF. BlackRock’s filing helped ETH prices soar past $2,000 for the first time in over a year.BlackRock’s intention to file for an Ether...
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
Cointelegraph By Prashant Jha - 0
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused...
Switzerland-based crypto bank SEBA AG has become the latest crypto-centered firm to obtain a license from the Hong Kong Securities and Futures Commission (SFC).SEBA’s Hong Kong subsidiary, SEBA Hong Kong, received the regulatory nod to offer a range of crypto-related services in the region. According to the data...
VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair
Cointelegraph By Prashant Jha - 0
The Virtual Assets Regulatory Authority is one of the earliest world regulatory bodies to release comprehensive crypto assets regulations to promote crypto-related activities in Dubai. Established in March 2022, VARA was created to promote the Emirate as a regional and international hub for virtual assets and related...
Yuga Labs addresses ApeFest ‘vision damage’ issue, community calls out poor management
Cointelegraph By Prashant Jha - 0
Several attendees of Yuga Labs’ ApeFest event on Nov. 4 in Hong Kong reported eye-related issues, including burns, damaged vision and “extreme pain” in their eyes.Yuga Labs’ official X (formerly Twitter) account has now addressed the issue, claiming it is aware of the reports of potential eye-related issues...
FTX seeks sale of Grayscale and Bitwise trust assets worth $744 million
Cointelegraph By Prashant Jha - 0
Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware to allow it to sell certain key trust funds, including assets from crypto asset manager Grayscale and custody service provider Bitwise valued at around $744 million.In a court filing dated Nov. 3, FTX debtors requested the court...
Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3
Cointelegraph By Prashant Jha - 0
Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations.The firm had $5.62 billion in revenue in the third quarter of 2023, boosted by solid revenue growth in Cash App and Square, with $44 million...