Category: Breaking

Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT.

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.

The German Attorney General’s Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.

The first protocol will be launched in 2025 with more than $100 million in total value locked.

Hacker have moved the stolen assets to decentralized exchanges.

The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July.

Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.

The ramshackle validator client is a prelude to Jump’s highly anticipated Firedancer software.