by webwriter | Jul 10, 2023 | Market News
Share this article DeFi protocol Arcadia Finance fell victim to a code exploit, leading to a significant loss of approximately $455,000. Blockchain security firm PeckShield was the first to detect and reveal the breach, attributing it to a coding oversight concerning...
by webwriter | Jul 3, 2023 | Market News
Share this article In an effort to strengthen investor protection in the digital asset space, Thailand’s Securities and Exchange Commission (SEC) has rolled out a fresh set of directives for firms offering digital asset services, including banning the use of customer...
by webwriter | Jul 1, 2023 | Market News
Share this article Over one year after the collapse of Do Kwon’s Terra empire, South Korea is taking decisive action. The government has passed a groundbreaking piece of legislation, the Virtual Asset User Protection Act, aimed at protecting investors from the fallout...
by webwriter | Jun 6, 2023 | Market News
Key Takeaways The SEC has sued Binance and CZ for 13 charges of buying, selling and trading unregistered securities, commingling customers’ funds and more. This lawsuit follows in the footsteps of the CFTC suing Binance back in March, citing a violation of federal...
by webwriter | Dec 31, 2022 | Market News
Key Takeaways Sam Bankman-Fried may have sent over $1.48 million worth of crypto to various exchanges to cash out the funds. One of his publicly-known wallets, along with numerous known Alameda wallets, consolidated funds together and then proceeded to ramp them off...
by webwriter | Dec 14, 2022 | Market News
Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to a range between 4.25% and 4.50%. The Fed’s decision was welcomed by market participants, as it signifies a...