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Monthly Archives: July, 2023

Era Lend on zkSync exploited for $3.4M in reentrancy attack

Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25 report from blockchain security...

Bullish Momentum Slows Ahead of Major Releases

FTSE, DAX Analysis Recommended by Richard...

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Former Celsius CEO Alex Mashinsky, Attorneys Tell Judge

According to the DOJ's attorneys, they need that time to process a wealth of Celsius’ corporate records and communications, including the 1,200 videos of...

For DOGE and Bitcoin, Elon Musk’s Twitter-to-X Rebranding Could Be Huge

“It’s clear that he’s keenly interested in turning the rebranded Twitter into something of a payments behemoth, and so it’s only natural that he...

FOREX-US Dollar steadies ahead of central bank meetings

(Updates prices, adds consumer confidence data in paragraphs 3 and 4; comments in paragraphs 5 and 8; adds byline and NEW YORK to dateline)...

Abu Dhabi regulator grants trading firm Rain permission to offer crypto services

The Abu Dhabi Global Market Financial Services Regulatory Authority has granted its Financial Services Permission for cryptocurrency firm Rain to offer brokerage and custody...

UPS, Teamsters reach labor deal to avoid strike

United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York.Victor J. Blue | Bloomberg...

How Bitcoin Miners Can Stay Clear of SEC Scrutiny (and Fall Foul of It)

“The reputational shadow has been a stain on our entire industry,” says Kent Haliburton, President and COO of Sazmining, a hosted miner (for...

8 ways crypto companies can improve their financial compliance in the US

The U.S. presents many obstacles to crypto companies, with a multiplicity of federal and state regulatory agencies having real or potential jurisdiction over the...

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Solana game developer Automata announces mass layoffs

Solana game developer Automata (ATMTA) will undergo "a significant headcount reduction" to preserve its ability to develop Star Atlas. After the restructuring, the Automata...

Crypto Exchange KuCoin to ‘Adjust Some Personnel as Needed’, but Denies Report of Major Layoffs

In a statement to CoinDesk, a spokesperson for KuCoin said that the company has “not initiated any alleged layoff plans.” However, the spokesperson said...

Riot Platforms at Center of Texas Debate Over Bitcoin Mining’s Effect on the Grid

When energy demand and prices spike, the cost of the energy outweighs the price of Riot staying in operation, so “they're going to shut...

Namibia’s Crypto Assets Bill Is Now a Law

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and...

Avalanche Foundation Commits $50M to Bring More Tokenized Assets to Blockchain

The program follows Avalanche’s initiative to financial institutions to test blockchain services on one of its subnets. www.coindesk.com

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