Quanstamp’s new service to help curb the threats of flash loan attacks
Key takeaways Blockchain security platform Quantstamp seeks to curb the threats of flash loan attacks with its new service. The service could help reduce the...
EU Data Act smart contract ‘kill switch’ brings uncertainty
On June 28, the European Council and Parliament achieved a political consensus on the Data Act, which moves the legislation regarding non-personal data closer to...
BlockFi challenges FTX and Three Arrows Capital’s $5 billion recovery claims
FTX is attempting to collect funds that BlockFi withdrew from FTX.com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as...
BlockFi argues FTX, Three Arrows Capital isn’t entitled to repayments
Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to retrieve hundreds of...
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider...
First Republican presidential debate to feature pro-crypto candidates
Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will...
Crypto amplified financial risks in emerging markets: BIS papers
Cryptocurrencies like Bitcoin (BTC) have failed to reduce but rather have “amplified financial risks” in less developed economies, according to a new study published by...
Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment and crypto scam ads on...
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology...
Somalia bans Telegram and TikTok over misinformation
The Federal Republic of Somalia is the latest country to ban cryptocurrency-friendly messaging app Telegram, alongside TikTok social media app and the online-betting site 1XBet.Somalia’s...