Aave proposes governance changes after failed $60M short attack
The exploit failed due to a miscalculation of Aave’s liquidity levels.
The exploit failed due to a miscalculation of Aave’s liquidity levels.
Despite the effects of the FTX debacle, many industry players remain positive and hopeful that NFTs will recover.
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday’s expiry.
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics,” said the letter.
Rising from the ashes of old crypto exchanges, a new paradigm arises.
The former CEO described his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.”
VC funding continues to decline, but Uniswap bucks the trend by drumming up $165 million in a Series B round.
Bo Shen previously suffered another devastating hack to his personal wallet in 2016.
Bitcoin sentiment is the worst one analyst has ever seen as BTC price action holds its own into Thanksgiving.
Crypto fans can immortalize cryptocurrency history via Cointelegraph’s digital collectibles, with the full launch coming on Dec. 1.
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market.
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026.
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse.
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests.
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online crypto community.
Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative hedging asset for central banks.
The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts.
Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four months after the bill was approved by the state senate.
The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global, Crypto.com, as well as the troubled FTX exchange.
The cybersecurity firm predicted that crypto-related cybercrime won’t slow down in 2023, but it will move on from Bitcoin as a source of payment.
Oxford University has opened public voting for the first time with polls set to close on Dec. 2.
Institutional investors continue to see the long-term potential of crypto and have been loading their bags throughout the year, according to a survey.
It is understood Moelis & Company has been brought on to help the troubled lending firm explore all possible options.
The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams.
The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments.
Coinbase CEO Brian Armstrong indirectly addressed CZ’s tweets as “FUD.”
The other licensees included three European institutional investment platforms and one U.S.-based retail platform.
According to the Chamber of Digital Commerce CEO, passing any kind of legislation — including bills on crypto and blockchain — will be “incredibly difficult” in a divided government.