Mango Markets hacker proposes steep settlement
The Solana DeFi protocol suffered a $117 million exploit on Oct. 11, and the hacker wants 70M USDC in “bug bounty.”
Crypto
From neglecting security to bad tokenomics, DeFi has played a hand in its own decline
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market’s decline.
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.”
Cómo la manipulación de mercado llevó a un exploit de US$100 millones en el exchange DeFi de Solana Mango
El trader aprovechó la falta de liquidez al manipular el precio de MNGO en el exchange descentralizado Mango.
Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13.
Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon
The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed.
US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range
The world’s largest crypto has been trading in a range between $18,000-$22,400 since the start of September.
Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data
BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.
Binance Accused of Filing Inaccurate Financials by UK Subsidiary Shareholder
Shareholder Dimplx Limited is looking to obtain a court-ordered valuation of its ownership stake in Binance’s U.K. subsidiary.
Senator Warren leads the charge against energy consumption claims on Texas crypto miners
According to a letter penned by seven U.S. lawmakers, ERCOT was “intimately connected” with the growth of crypto mining in Texas.
NFTs create a more frictionless experience for collectors, says RTFKT co-founder
Cointelegraph spoke with Steven Vasilev, the co-founder of RTFKT to learn more about how NFCs and NFTs can be used together to create better user experiences.
Senator Warren Leads Congressional Group’s Probe Into Bitcoin Mining Energy Use in Texas
Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state.
Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions
Coin Center is backing a second lawsuit against the U.S. Treasury Department alleging its sanctioning of Tornado Cash overstepped legal bounds.
Crypto.com invests $145M in new European headquarters
The Singapore-based crypto exchange announced Paris, France as its regional headquarters after receiving its French Digital Asset Service Provider license in September.
Indicador técnico de bitcoin señala grandes movimientos y algunos traders se preparan para “vender volatilidad”
Las opciones aparentan ser más costosas, afirmó un experto, y agregó que ahora es el momento de vender volatilidad.
What Credit Suisse and Three Arrows Capital Have in Common
One of the world’s most embarrassingly bad banks is tanking – and some of its biggest missteps will look all too familiar to crypto financiers.
Bankman-Fried: Rescue market is drying up, and we’re all to blame for its existence
The crypto billionaire said he would look at Celsius, but he saw little left to rescue otherwise; the mess is the price of inaction on the part of regulators and the industry.
Bitcoin and Beyond: The Future of Cryptocurrency Investing
Experts weigh in on the future of crypto as currency ahead of CoinDesk’s I.D.E.A.S. conference.
Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs
Aera aims to make DAOs the agile, risk-aware institutions DeFi is lacking.
Curve DAO Proposal to Enable Easier CRV Rewards Passes With Overwhelming Support
The move means projects looking to offer CRV rewards to their users would no longer need to propose their move to Curve’s governance community first.
BTC price wobbles on US PPI as Bitcoin futures open interest hits peak
Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat.
Morgan Stanley afirma que el ecosistema cripto está cada vez menos descentralizado
La blockchain de Ethereum se volvió más centralizada luego del cambio a proof-of-stake, ya que el 60% de los validadores son administrados por solo cuatro empresas, según el informe.
Vote for 2022’s Most Influential in Crypto
After crypto’s best year ever, 2022 is shaping up to be a year of reckoning. Who had the biggest impact, good or bad? Vote now. The polls close on Oct. 24.
Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer.
Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners.
NFT Infrastructure Company Gomu Closes $5M Seed Round
The fundraise included participation from Coinbase Ventures, DeFiance Capital and Saison Capital, among others.
Kazakhstan Legislature Pushes New Crypto Rules Forward: Report
The lower house of the country’s parliament has passed five bills relating to digital assets on the first reading as the government tightens its grip on crypto mining.
Arbitrum Builder Offchain Labs Acquires Prysmatic Labs, a Core Team Behind Ethereum’s Merge
By acquiring the team behind Prysm, Ethereum’s most popular consensus layer client, Arbitrum is stretching its later 2 tentacles down to Ethereum’s base layer.