Binance resumes BSC bridge operation after 2M BNB exploit

The BNB Smart Chain resumed its operations shortly after an attacker drained 2 million BNB from the cross-chain bridge. Binance announced the suspension of deposits and withdrawals from its BNB chain on... Read more »

South Korean authorities fail to follow through on Do Kwon aide’s arrest; EU puts more crypto sanctions on Russia

The biggest news in the cryptosphere for Oct.6 includes the arrest and release of Do Kwon’s aide, the EU’s crypto sanctions on Russia, and 0.03 Bitcoin distributed to three winners by Michael... Read more »

South Korea tightens circle on Do Kwon, arrests his aide

Terraform Labs founder Do Kwon‘s aide, Yoo Mo, has been arrested by South Korean officials for fraud and market manipulation. At the same time, the country’s Ministry of Foreign Affairs gave Kwon 14 days... Read more »

Bitcoin outperforms traditional crypto stocks in 2022 by up to 22%

Bitcoin’s price is down roughly 56% since January but crypto-related stocks such as MicroStrategy, Riot Blockchain, Coinbase, and Hut8 Mining are down up to 74%. The orange line in the chart below... Read more »

US consumer protection watchdog warns crypto could pose risk to financial stability

A federal U.S. government organization said crypto markets pose a threat to broader financial stability if they continue growing without more thoughtful oversight and enforcement. The Financial Stability Oversight Council (FSOC) is... Read more »

Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports

Blockchain security company Elliptic revealed that around $4 billion had been laundered through decentralized exchanges, cross-chain bridges, and coin swaps since 2020. According to the report, the illegal use of DEXs usually... Read more »

Ethereum, Solana lead top 10 crypto gains as market turns green

Total crypto market cap stood at $951.22 billion as of press time, up 2.53% compared to the previous day. After outflows of $15.67 billion during the weekend, the market cap saw inflows... Read more »

Cardano’s founder Charles Hoskinson reveals ‘age of Voltaire’

Cardano (ADA) founder Charles Hoskinson said the blockchain network will soon enter the Voltaire era, showing the industry “how to do decentralized governance.” The Age of Voltaire will soon be upon us as... Read more »

Celsius founder Alex Mashinsky withdrew $10M weeks before bankruptcy – FT

Celsius Network’s founder Alex Mashinsky reportedly withdrew $10 million from the struggling crypto lender a few weeks before the firm froze its customer funds and filed for bankruptcy, the Financial Times reported... Read more »

Weekly MacroSlate: Central banks start to panic and pivot, all eyes are now on the fed. What does this all mean for Bitcoin?

Macro Overview Markets unprepared for a new era The era of financial repression after the GFC that has seen rapidly inflated asset values and rate expectations of 0 has unraveled since the... Read more »