White Hat Hacker Retrieves $5.4M for Curve Finance
An ethical hacker seized on July 30 almost 3,000 ETH, worth approximately $5.4 million, from a malicious hacker exploiting the recent hack of the decentralized finance (DeFi) protocol Curve Finance.
Peru Introduces Mandatory Registration of Crypto Exchanges
Peru has recently signed a decree that will be part of its anti-money laundering regulations, which require companies that provide virtual currency storage and exchange services to report user transaction information to the Financial Intelligence Unit.
The Supply of Stablecoins is Decreasing
The overall supply of stablecoins has been on a decline for more than a year.
Malaysian Authorities Seize Illegal Crypto Miners
Sarawak Energy, Malaysia’s electricity supplier, discovered an illegal mining farm in Miri on the island of Borneo, according to local media.
Crypto Exchange Huobi to List PayPal’ Stablecoin
Huobi has announced its plans to list PYUSD, the stablecoin recently launched by PayPal on Monday.
Several Curve Finance’s Ethereum Pools Are Targeted by Hackers
Curve Finance, a popular decentralized exchange, confirmed today that $52 million was stolen over the weekend due to an exploitable bug in the Vyper language, which is used to write smart contracts on the Ethereum blockchain.
Crypto Exchange Bitstamp is Raising Money to Launch Derivatives in Europe in 2024
Bitstamp is actively pursuing additional funding, as revealed by its global CEO, Jean-Baptiste Graftieaux.
SEC Ordered Coinbase to Halt Trading of all Cryptos Except for Bitcoin
Before filing its lawsuit against Coinbase for failing to register as a broker, the US Securities and Exchange Commission (SEC) reportedly asked the crypto exchange to delist all cryptocurrencies other than Bitcoin (BTC).
Tether Becomes 11th Largest BTC Whale
Tether, the stablecoin issuer, has recently become the 11th largest Bitcoin holder globally.
Nigeria’s Regulator Says Binance’s Activities Are Illegal in Country
The Nigerian Securities and Exchange Commission (SEC) issued a notice on July 28, declaring that the activities of crypto exchange Binance are illegal in the country and ordering all crypto platform providers to cease soliciting investors from Nigeria.
Hang Seng Bank Limits Crypto Companies to Simple Accounts
Despite the Hong Kong government making efforts to establish the territory as a crypto hub, local crypto companies are having difficulty in securing corporate bank accounts.
