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FTX suspends user accounts amid Kroll cyber breach concerns
Following the recent Kroll cybersecurity breach, bankrupt crypto exchange FTX has temporarily suspended accounts of impacted users accessing its claims portal.FTX announced the decision on X (formerly Twitter) as a proactive measure to…
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Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi saw developers behind Base…
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JPMorgan forecasts limited downside for crypto markets: Report
The cryptocurrency market’s recent downtrend appears to be coming to an end, with JPMorgan’s latest research suggesting that most long position liquidations have been completed.According to a Bloomberg report, analysts for the United…
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Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden. On Aug. 25, to catch crypto users avoiding taxes, the Internal Revenue Service (IRS)…
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Insider trading claims surface amid token theft
Former Pepecoin (PEPE) promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team…
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Cypher Protocol Will Pass Exploit Losses off to its Community
About two weeks ago, Cypher Protocol was attacked by an as-of-yet unknown bad actor, who stole over $1 million worth of crypto through a smart contract exploit.
Since then, both the project’s devs and the community have…
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Pro-XRP lawyer urges Clayton, Hinman testimony
Pro-XRP attorney John Deaton says that the United States Securities and Exchange Commission (SEC) erred in filing aiding and abetting allegations against Ripple’s CEO Brad Garlinghouse.Deaton highlighted that testimony from former SEC…
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Bitcoin Price Could React as Investors Withdraw 480,000 BTC
Bitcoin deposited in exchange wallets has now dropped to 2.05 million BTC, its lowest since January 2018. With the overall crypto market sentiment trending neutral, here’s how Bitcoin price could react in the coming days.
Bitcoin’s…
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PEPE whale seizes dip opportunity, buys $529k worth of tokens
After the value of the frog-themed memecoin Pepe (PEPE) dropped by approximately 15% due to recent modifications in a multisig wallet and concerns about potential developer manipulation, a significant PEPE holder spent 320 Ethereum (ETH)…
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Former OpenSea Manager Goes to Prison for 3 Months for Insider Trading
Nathaniel Chastain – former head of product at the NFT marketplace OpenSea – will spend three months in jail after being found guilty of insider trading. Prosecutors maintained that he bought numerous non-fungible tokens…
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