NEWS
Aave Deposits Drop by $15B Following Kelp DAO Exploit
Aave, the largest decentralized lending protocol, has seen around $15 billion in deposits withdrawn since the Kelp Dao exploit on Saturday. Total value supplied to…
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UK FCA Targets Illegal Crypto P2P Trading in Nationwide Raids
The United Kingdom’s Financial Conduct Authority (FCA) has raided multiple sites suspected of running illegal peer-to-peer (P2P) crypto trading operations. The financial services and markets…
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MiCA Regime Puts Smaller Crypto Firms Under Pressure as EU Rules Tighten
The European Union’s Markets in Crypto Assets Regulation (MiCA) transition period is entering its final stretch, forcing smaller crypto firms across the EU to either…
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Russia Passes Crypto Regulation Bill In First Reading
Russia’s lower house of parliament passed a bill in first reading on Tuesday that would create the country’s core legal framework for digital currency, moving…
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North Korea Tied to Heists Worth $578M in April After Kelp DAO Exploit
Kelp DAO suffered a $292 million hack on Saturday, overtaking Drift as the largest crypto exploit of the year so far. North Korea-linked hackers are…
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SEC Moves Closer to Innovation Exemption for Tokenized Markets
US Securities and Exchange Commission Chair Paul Atkins said the agency is nearing the release of an exemption that would allow market participants to trade…
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Bitcoin Bollinger Bands Setting Up BTC Price for ‘Powerful Move’
Bitcoin (BTC) could see further upside volatility as several technical indicators suggested the BTC price was due for a “powerful“ upward move. Key takeaways: Bitcoin’s…
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Coinbase Shifts NY Prediction Markets Case to Federal Court
Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court…
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Bitcoin Bull Score Index Rebound Fails to Quash 2022 Bear Market Fears
Bitcoin (BTC) price metrics are showing relief this month, but the risk of repeating the 2022 bear market remains. Key points: Bitcoin’s Bull Score Index…
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DeFi Platform Volo Hit by $3.5M Vault Attack, Begins Recovery Efforts
Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest…
