Aave Experiences $6 Billion TVL Decline Following Kelp Bridge Exploit
The DeFi lending platform Aave has seen its total value locked (TVL) plummet by $6.6 billion, not due to a direct breach of its own systems but because of a…
Is Wall Street Dominating Bitcoin’s Market as Network Activity Hits a Low?
The Bitcoin network experienced its lowest activity level in eight years, yet the price remained relatively stable at about $78,000. CryptoQuant reported that active BTC addresses reached their lowest point…
RaveDAO’s RAVE Token Plummets by 90% in a Day Amidst Exchange Investigations
In just 48 hours, $5.7 billion of market capitalization vanished from RaveDAO’s RAVE token, which witnessed a staggering 90% drop over the past day. This dramatic decline followed crypto exchanges…
France Confronts Surge in Wrench Attacks Targeting Crypto Holders
France is witnessing an alarming increase in kidnappings and home invasions linked to cryptocurrency, known as ‘wrench attacks.’ This trend has been particularly noticeable during a major international blockchain and…
Survey by Nomura Indicates Crypto Gains Traction as Portfolio Diversifier Among Institutional Investors
A recent survey conducted by Tokyo-headquartered Nomura and its crypto arm, Laser Digital, reveals increasing acceptance of digital assets among institutional investors. The study surveyed over 500 investment professionals in…
SEC Lifts Pattern Day Trading Barriers, Enabling Retail Investors to Trade Bitcoin with $2K Margin
In a significant regulatory shift, the SEC has approved a rule change that removes the longstanding $25,000 minimum balance requirement for pattern day traders. This adjustment allows smaller investors to…
NEO’s Crypto Assets Held Solely by Co-founder Spark Dispute Over Governance
Erik Zhang, co-founder of NEO, is the sole controller of a significant portion of its crypto assets, sparking calls for governance changes from his fellow founder. According to Da Hongfei,…
White House Urges Banks to Drop Opposition Against Stablecoin Yield Provision in CLARITY Act
The White House has criticized the banking sector for its persistent resistance against a proposed stablecoin yield compromise within the CLARITY Act, labeling their actions as driven by either greed…
Schwab Integrates Bitcoin for Millions, Yet Lacks Typical Safeguards
This week, Charles Schwab declared that it will start offering Bitcoin and Ethereum directly to its 39 million brokerage clients, making these cryptocurrencies available in the same account view as…
Congress Advances Regulation to Make Dollar-Pegged Stablecoins Function Like Digital Cash
Washington is methodically addressing crypto policy by focusing on a specific category of digital assets: regulated, dollar-pegged stablecoins. The recently established GENIUS Act introduces the first federal regulatory framework for…