Bastion's lending protocol closed a $9 million Series A funding round led by Three Arrows Capital. 5/ 📢 Many exciting features will be rolled out over the next few wks. These include leveraged yield farming, interest rate swaps, new asset listings, more Realms, inter-realm yield-optimizers, and most importantly, veBSTN. Bastion plans to gamify DeFi through loyalty-based...
Bitcoin exchange Binance returns some of the assets stolen by hackers Axie Infinity in the amount of $5.8 million, CEO Changpeng Zhao said. The DPRK hacking group started to move their Axie Infinity stolen funds today. Part of it made to Binance, spread across over 86 accounts. $5.8M has been recovered. We done this many times...
Office of the Comptroller of the Currency within the US Treasury (OCC) accused Cryptocurrency bank Anchorage is “in violation of an operating agreement” with the regulator. The department explained that the company's compliance program does not cover the required provisions BSA/AML. “OCC places the same high demands on all nationally registered banks, whether they are traditional...
Equity, a performing arts union, has launched a "Stop the AI that steals the show" campaign in the UK. It aims to reduce the role of technology in the entertainment industry. Stop AI Stealing the Show. We're calling on a strengthening of performer's rights across the board. But we can’t do it without your support! Visit 👉https://t.co/P2ebvwPUG2 pic.twitter.com/liUq8gyGx9 — Equity...
Prudential Regulation Authority (PRA) of the Bank of England increased budget for the coming financial year. Additional funds will be used to combat the risks associated with digital assets. According to the plan, the total amount for the year will be £320.9m. Compared to the previous period, the budget increased by 8.2% (£24.3m). PRA is responsible for...
The head of the State Duma Committee on the financial market, Anatoly Aksakov, said that the restrictions imposed by cryptocurrency exchanges for users from the Russian Federation became an additional argument against the legalization of crypto assets. Writes about it Interfax. He noted that his own position in relation to the regulation of digital currencies has...
Bitcoin Exchange Binance published correspondence with Reuters journalists and denied allegations of cooperation with the FSB and Rosfinmonitoring. In April, Binance Communications Director Patrick Hillmann, in response to a request from the agency, clarified that the Russian authorities had never contacted the trading platform about opposition politician Alexei Navalny. In its reaction to the published article, the...
United States congressional group applied to the Environmental Protection Agency with a request to check the mining industry for environmental risks and compliance with relevant laws. The authors of the letter were particularly concerned about the Proof-of-Work consensus algorithm. According to the document, one bitcoin transaction can provide the average American household with energy for a...
US authorities take advantage seized 69,370 BTC (~$2.75 billion) to pay off the debt of Ross Ulbricht, the founder of the darknet marketplace Silk Road, to the state in the amount of $183 million. In April 2013, a hacker stole 69,370 BTC while hacking into an illegal platform. In November 2020, US law enforcement officers confiscated...
Bitcoin exchange Coinbase announced the release of a Visa debit card for US residents with the possibility of receiving cashback in cryptocurrencies up to 4% of each purchase. Residents of the state of Hawaii will not be able to order the card. 💳 🎉 Starting today, any US customer can sign up for Coinbase Card. ✔️ Earn...
