DeFi Platform Cream Finance Loses $26,000,000 in Hack
The decentralized finance (DeFi) lending protocol Cream Finance (CREAM) suffered a hack that led to the loss of about $26 million in Ethereum (ETH) and AMP tokens. Cream Finance says…
El Salvador Lawmakers Endorse $150,000,000 Bitcoin Trust
El Salvador’s legislative assembly has approved a large trust one week before Bitcoin (BTC) becomes legal tender. The allocated $150 million will – among other things – help facilitate exchange…
ECB Vice President Says He Wouldn’t Ban Crypto, but Warns Against Money Laundering and Terrorism
European Central Bank (ECB) vice president Luis de Guindos says he’s not looking to ban cryptocurrencies but highlights the importance of establishing rules in the nascent industry to curb financial…
Bitcoin and Crypto Exchange Consolidation: FTX.US Buys LedgerX
Cryptocurrency derivatives exchange FTX has acquired digital asset management platform LedgerX for an undisclosed amount. LedgerX is regulated by the Commodity Futures Trading Commission (CFTC) and serves both retail and…
Crypto Craze Heats Up As Frog-Themed Satoshi Nakamoto NFT Fetches $500,000 Price Tag
The non-fungible token (NFT) craze is showing little signs of cooling off as a digital trading card combining multiple vintage memes sells for over half a million dollars worth of…
FTX US to Launch Crypto Derivatives After LedgerX Acquisition
FTX’s U.S.-based crypto exchange announced today that it would acquire LedgerX, a crypto derivatives trading platform regulated by the Commodity Futures Trading Commission (CFTC). The terms of the deal, which…
Genesis Digital Assets Buys 20,000 Bitcoin Mining Rigs Amid US, Nordic Expansion
American Bitcoin (BTC) mining company Genesis Digital Assets has agreed to purchase 20,000 new BTC mining systems from blockchain hardware giant Canaan, according to a press release published today. Canaan…
