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Weekly overview

Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist. Crypto scam revenue was slashed by almost half in 2022 due mainly…

Continue ReadingCrypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis

DeFi platforms can comply with regulations without compromising privacy — Web3 exec

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

Zero knowledge proofs, DIDs, and more could help DeFi protocols maintain regulatory compliance without exposing their users. Decentralized finance (DeFi) has been a rapidly growing sector of the cryptocurrency industry,…

Continue ReadingDeFi platforms can comply with regulations without compromising privacy — Web3 exec

Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally. Bitcoin (BTC) price rallied over 12% on Feb. 15, marking…

Continue ReadingBitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

Breaking: SEC sues Do Kwon and Terraform Labs for fraud

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

"We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities," said SEC chair…

Continue ReadingBreaking: SEC sues Do Kwon and Terraform Labs for fraud

Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

The judge reportedly did not expand SBF’s bail conditions to include restrictions on the internet or VPNs, but asked his lawyers to pay for a consultant to explore the matter.…

Continue ReadingFederal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report

Platypus DeFi faces flash loan attack, according to CertiK

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

The market maker is used to swap stable coins on the Avalanche blockchain; it has a total locked value of $46 million, according to DefiLlama. Blockchain security firm CertiK has…

Continue ReadingPlatypus DeFi faces flash loan attack, according to CertiK

GBBC Digital Finance joins international securities organization as an affiliate member

  • Post author:admin
  • Post published:February 17, 2023
  • Post category:Weekly overview

GBBC Digital Finance is now one of over 200 affiliated members of the International Organization of Securities Commissions, which also includes 35 national regulators. GBBC Digital Finance announced on Feb.…

Continue ReadingGBBC Digital Finance joins international securities organization as an affiliate member
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