Crypto News

The head of Coinbase predicted the division of supervision over the crypto industry between departments

The head of Coinbase predicted the division of supervision over the crypto industry between departments

SEC will not fully regulate the cryptocurrency industry as not all digital assets meet the definition of securities. This was stated by Coinbase CEO Brian Armstrong. “Obviously Bitcoin or Ethereum are commodities and should probably be regulated. CFTC. If the team wants to raise funds for the company through security tokens, these are securities and the...

Shiba Inu Developers Launch Token Burn Mechanism

Shiba Inu Developers Launch Token Burn Mechanism

The team behind Shiba Inu has launched a portal where SHIB holders can burn them. In return, investors will receive burntSHIB, which are rewarded in RYOSHI tokens with a variable rate. 🔥🔥ShibaBurn is live🔥🔥 Powered by Ryoshis Visionhttps://t.co/trkX7sBEWu 🔥🔥 Burn $SHIB🔥🔥 🔥🔥Get $burntSHIB🔥🔥 💰💰 Earn $RYOSHI💰💰 That means .49% of all $RYOSHI transaction goes to $burntSHIB holders. #RyoshiVision #SHIB #Together #RyoshiArmy...

Coinbase Ventures Closed 71 Venture Deals in Q1

Coinbase Ventures Closed 71 Venture Deals in Q1

The venture arm of the American cryptocurrency company Coinbase concluded 71 deals in the first quarter of 2022. Coinbase Ventures: What happened in Q1? We had the Around The Block crew break it down. Observations include multi-chain proliferation, DeFi & NFT expansion, and GameFi 2.0. Full details here 👉 https://t.co/aCcMxBKfWe pic.twitter.com/y4J8nc0UOl — Coinbase (@coinbase) April 21, 2022 The chart below...

Hacker hacked Zeed's DeFi protocol but didn't take $1M

Hacker hacked Zeed’s DeFi protocol but didn’t take $1M

An unknown person exploited a vulnerability in the Zeed DeFi protocol based on BNB Chain, but did not withdraw funds for $1 million. 1/ What if rewards can be tripled? Our system detected an attack transaction(https://t.co/xk8Tet2o0Q) that exploited the reward distribution vulnerability in ZEED on #BSC.@zeedcommunity @defiprime — BlockSec (@BlockSecTeam) April 21, 2022 The hacker issued additional YEED project...

DeFi Project Bastion Raises $9M From Three Arrows Capital And FTX

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...

The American regulator pointed out the shortcomings of the Anchorage compliance program

The American regulator pointed out the shortcomings of the Anchorage compliance program

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...

British actors spoke out against the use of AI in the film industry

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...