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Weekly News

Read more about the article DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.  Decentralized finance pioneer Sky, formerly Maker, is forging ahead with a plan to…

Continue ReadingDeFi lending protocol Sky to drop wrapped Bitcoin after governance vote
Read more about the article Germany seizes 47 crypto exchanges tied to ‘underground economy’

Germany seizes 47 crypto exchanges tied to ‘underground economy’

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon. The German government has…

Continue ReadingGermany seizes 47 crypto exchanges tied to ‘underground economy’
Read more about the article Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express

Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express. Our weekly roundup of news from Asia curates the industrys most important developments.A…

Continue ReadingChinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
Read more about the article Making crypto mainstream requires greater efforts to stop fraud

Making crypto mainstream requires greater efforts to stop fraud

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

One of the greatest use-cases of blockchain technologies is the ability to improve security and counter malicious actors, but we need to get serious about it. We find it easy…

Continue ReadingMaking crypto mainstream requires greater efforts to stop fraud
Read more about the article US federal judge tosses Consensys’ suit against SEC

US federal judge tosses Consensys’ suit against SEC

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

A Texas federal court judge has dismissed a lawsuit brought by Consensys against the SEC that claimed the agency was investigating Ethereum to classify it as a security. A Texas…

Continue ReadingUS federal judge tosses Consensys’ suit against SEC
Read more about the article Court approves Terraform Labs winding down in bankruptcy hearing

Court approves Terraform Labs winding down in bankruptcy hearing

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal cases in the US are beginning to wind down. A…

Continue ReadingCourt approves Terraform Labs winding down in bankruptcy hearing
Read more about the article US prosecutors oppose Mango Market exploiter’s motion for acquittal

US prosecutors oppose Mango Market exploiter’s motion for acquittal

  • Post author:
  • Post published:September 20, 2024
  • Post category:Weekly overview

Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money. Prosecutors for the United States Southern District of New York…

Continue ReadingUS prosecutors oppose Mango Market exploiter’s motion for acquittal
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