Uniswap’s BNB deployment should use multiple bridges, claims LIFI CEO
The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach. Go to Source Powered by WPeMatico
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Cloud mining firm BitFuFu postpones merger with SPAC until May
Bitfufu’s plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain. Go to Source Powered by WPeMatico
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. Go to Source Powered by WPeMatico
UK blockchain carbon offset platform raises $45M in seed funding
Carbonplace says it will use the funds to scale its services and become the “SWIFT of carbon markets.” Go to Source Powered by WPeMatico
CoinGecko and 21Shares propose global crypto classification standard
The new crypto classification effort aims to help investors and regulators spot potential crypto failures like those seen in 2022. Go to Source Powered by WPeMatico
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get … Read more
Former Coinbase product manager pleads guilty in insider trading case
United States prosecutors have labeled this as the first insider trading case in cryptocurrency. Go to Source Powered by WPeMatico
Lawmakers write to US officials about crypto energy usage information gathering
Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws. Go to Source Powered by WPeMatico
ConsenSys CEO: ‘We’ve retained virtually all of our capabilities’ after job cuts
The executive stated that the layoffs were due to concerns about “macroeconomic and geopolitical” issues that may affect the venture capital markets. Go to Source Powered by WPeMatico
US financial regulators warn against crypto exposure in retirement accounts
The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors. Go to Source Powered by WPeMatico