Analysts identify 3 critical flaws that brought DeFi down
Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling.
Monat: Juni 2022
‚Cryptoqueen‘ Ruja Ignatova makes FBI’s Ten Most Wanted list
The Bulgarian-German businesswoman was last spotted in Athens in 2017, and now worth up to $100,000 to provide U.S. law...
FTX on the verge of purchasing BlockFi in $25M fire sale: Report
The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar. Cryptocurrency exchange FTX is...
CFTC brings $1.7B fraud case involving Bitcoin against South African national
“The defendants misappropriated, either directly or indirectly, all of the Bitcoin they accepted from the pool participants,” said the CFTC....
OP Crypto launches $100M fund to back early-stage crypto VCs
Targeting a hard cap of $100 million, the OP FoF I fund is expected to close by the end of...
Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high
SOL price is 87% down from its all-time high, but do improving fundamentals strengthen its investment thesis?
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart...
Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead...
Basel Committee wants to limit banks‘ digital asset exposure to just 1% of equity
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium. On Thursday, the Basel Committee on...
Bitcoin nears worst monthly losses since 2011 with BTC price at $19K
Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at...
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission...
Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin
Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of...
Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?
PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of...
