Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Recently, US Treasury Secretary Janet Yellen made several statements relevant to the crypto industry: — Yellen called bitcoin “a high-risk, speculative investment” and […]
Source: Adobe/makstorm "A superior stablecoin for the Ethereum network," Origin Dollar (OUSD), has been hacked, becoming at least the fourth decentralized finance (DeFi) project, attacked less than in a month. "There has been a loss of funds of around USD 7m, including over USD 1m of funds deposited by Origin and our founders and employees," […]
Source: Adobe/Jiva Core DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m. (Updated on September 15: updates in bold.) At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in […]
Source: iStock/oneclearvision Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news More than 100 7-Eleven convenience stores in South Korea should be fitted with blockchain-powered air pollution and weather monitoring devices before the end of this year, reports […]
Source: Adobe/bartsadowski The US Federal Reserve should look into more than a dozen major matters before launching its central bank digital currency (CBDC), a digital dollar, including safety, fairness, inclusion, interoperability, and resilience among others, found Global Digital Finance (GDF), an industry body working on the adoption of digital finance. "There are a number of […]