Banks Must Disclose Crypto Holdings, Says Basel Committee
Basel Committee for international banking supervision is part of the Bank of International Settlement comprising 45 members from 28 nations. The committee has recently issued...
Cardano Founder Rejects Rumors Regarding ETHGate Theory
Blockchain markets are a place for new controversies and strong opinions. One such matter is related to the Cardano blockchain. Charles Hoskinson, the founder of...
Elliptic Alleges Russian Actors’ Likely Involvement in $477M FTX Hack
Most of the funds taken from the insolvent exchange have been blended with those of Russian offenders. Elliptic, a blockchain surveillance company, claims there is...
Ferrari to Accept Crypto Payments for Luxury Cars
Ferrari is reportedly accepting Bitcoin payments for its luxury sports car product in the USA. The firm has told the media that it is going...
Uniswap Rolls Out Ethereum Wallet for Android Users
Uniswap is the leading decentralized exchange. The platform has recently announced Ethereum wallets for its Android user base. It is important to note that Uniswap...
Ethereum Foundation Loses Funds Following MEV Bot Attack
Ethereum Foundation was attacked by MEV bots. The attack affected Uniswap V3 leading to loss of $9,101. Ethereum blockchain the second biggest by market cap...
Stablecoin Legislation is Imminent Despite the Risk of Government Closure
Congressperson Patrick McHenry disclosed to Circle’s Chief Strategy Officer and Head of Global Policy that, at present, things are complex. On Friday, Patrick McHenry, House...
SEC Fines Goldman Sachs $6 Million for Providing Inaccurate Information
Securities and Exchange Commission has assumed a strong stance against the blockchain industry. However, the regulator has now redirected its cannons at traditional financial enterprises....
Halborn COO Claims that DeFi Hacks Usually Amount to Poor Security
David Schwed, Halborn COO, focuses on unnoticed central chokepoints in ‘decentralized’ Web3 initiatives. The tech sector has focused on artificial intelligence (AI), and cybersecurity experts...
Citi Rolls Out Token Service for Institutional Clients
Citigroup has introduced a unique type of financial service for its commercial clients. The firm has introduced tokenized deposits to enable instant transfers and transactions....