The Protocol: Death Cross, Dip Buying and Developer Nerves
Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network’s $12 million run-in with white-hat hackers.
news
Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing
Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
Solana and its ecosystem tokens look attractive compared to other altcoins and is a “clear option if looking for longs” after the market turmoil, a K33 Research analyst said.
Crypto PAC Fairshake Claims Another Win Against Elizabeth Warren Ally With Bush Loss
The Missouri primary defeat of Rep. Cori Bush marks the latest example of the industry’s millions opposing candidates favored by Warren, with whom the sector is waging open warfare.
Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says
The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.
UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA’s actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator’s director of consumer investments, said in an interview.
CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds
Twelve assets in the CoinDesk 20 are trading higher, with SOL up 3.9% and BCH up 2.2%.
Coinbase’s Paul Grewal Says Crypto Should Remain Non-Partisan
Technology should transcend the political divide, Coinbase’s Chief Legal Officer says.
CoinShares Netted $513.1M Profit in Q2
CoinShares’ total assets under management almost doubled from $2.7billion to $5.3 billion.
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.5 million being stolen, according to blockchain security firm Cyvers.