SBF withdraws motion for rehearing but leaves option open for post-appeal decision
Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, has withdrawn his request for reconsideration in a letter to the judge overseeing his case over doubts that he will get…
North Korean-backed hackers launch new attack vector targeting crypto executives and firms
North Korean state-run Lazarus Group is running a new campaign dubbed “Mach-O Man” that turns routine business communications into a direct path to credential theft and data loss, security experts…
Stellar (XLM) rose 3.3% while the index went down
CoinDesk Index presents its daily market update, highlighting the performance of the leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2101.48, down 0.2%…
Global stablecoin rules slowed as BIS urges cooperation to avoid fragmentation risks
Work on global standards for stablecoins has slowed over the past year, raising concerns among central bankers that reduced oversight could fragment the market and increase risk. Bank of England…
Aave sees $6 billion drop in TVL as Kelp hack exposes structural risks at DeFi lender
Aave recently saw $6.6 billion go out the door, and it’s not because someone hacked Aave. According to DeFillama, the protocol’s total locked value dropped from $26.4 billion on April…
ZondaCrypto is coming under criticism due to Donald Tusk linking the exchange to legislative interference
The problems of Polish cryptocurrency exchange Zondacrypto continue to grow. The company, already facing criticism after reports that customer withdrawals were frozen or delayed, on Friday faced the ire of…
Crypto Shares Rise 10%-20% as Bitcoin Hits $78K on Iran Talks
Crypto-linked stocks surged on Friday, led by a sharp rally in beaten-down digital asset treasury firms, as progress toward ending the Iran war dealt a blow to risk assets, sending…
US CFTC’s Selig says AI has helped offset staffing cuts at major crypto watchdog
The U.S. Commodity Futures Trading Commission is leaning toward artificial intelligence and automation as it faces massive new oversight responsibilities, even as his agency’s workforce has shrunk significantly under President…
Tether continues to stack BTC, adds $70 million in tokens to stablecoin reserves
Tether, the company behind USDT, the world’s largest stablecoin USDT$1.0001Additional $70 million worth of Bitcoin added btc$73,725.85 into your reserves, expanding a stablecoin accumulation strategy linked to your stablecoin business.…
Fed Chairman Candidate Kevin Wersh’s Huge Holdings Include Crypto
Kevin Wersh, President Trump’s nominee to chair the Federal Reserve, filed his 69-page financial disclosure with the U.S. Office of Government Ethics, clearing the last bureaucratic hurdle before his confirmation…