DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit
Decentralized finance (DeFi) protocol 0VIX has lost $2 million in a flash loan exploit, according to on-chain data.
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Ripple Sold $336M Worth of XRP Tokens in Q1, Reports Strong XRPL Growth
Ripple has continued to sell XRP only in connection with its international transaction product.
Jack Dorsey’s Block Snaps Up Bitcoin Mining Chip as Intel Winds Down Production
Block’s bitcoin mining products could come as early as early next year.
Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto
A bipartisan bill introduced simultaneously to the House and Senate would call for federal agencies to study the possible criminal uses for crypto, and provide a report with recommendations on how to address these concerns.
UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
The proposed framework, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.
Sustainable Bitcoin Protocol Piloting a Waste Gas Methodology With Miner Crusoe Energy
Crypto miners, like Crusoe, use gas that would otherwise be wasted and minimize methane emissions.
Tokenization Is ‘Killer App’ for TradFi: JPMorgan
The head of the bank’s Onyx Digital Assets platform, Tyrone Lobban said there is added caution post-FTX, but JPMorgan’s strategy hasn’t at all changed.
First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
The latest price moves in bitcoin (BTC) and crypto markets in context for April 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Helium’s IOT Token Surges 370% Following Solana Migration
Helium’s newly-issued IOT token has risen by over 370% in the past 24-hours following the protocol’s successful migration to the Solana blockchain last week.
Don’t Cap Digital Euro Holdings, European Parliament Study Says
The paper turns on its head conventional wisdom that limits are needed to avoid supplanting the banking system