Caroline Pham, a commissioner with the United States Commodity Futures Trading Commission (CFTC), has proposed a limited pilot program to address crypto regulation. Pham suggested that the program would be similar to regulatory sandboxes previously introduced at the state level. The program would create a framework for emerging technologies and market structures under existing laws […]
JPMorgan, one of the world’s largest financial institutions, is reportedly developing a blockchain-based solution for cross-border transactions. The system, however, won’t be available until the bank receives approval from U.S. regulators. The new deposit token, which will be first launched for corporate clients, will allow transactions to other banks and is suitable for different forms […]
The FBI has revealed that the North Korean state-backed hacker group Lazarus Group was responsible for a Sept. 4 exploit of online casino platform Stake that resulted in $41 million in cryptocurrency being lost. The FBI identified 33 crypto addresses that received the stolen funds, including four Ethereum (ETH) addresses, five Binance Smart Chain (BSC) […]
Bumper, a decentralized finance (DeFi) protocol, has launched its crypto options killer, which promises to improve upon traditional Black-Scholes option desks by an average of 30%. The protocol is the result of a three-year research and development program, backed by $20 million in early funding, and collaboration with the Swiss Center for Cryptoeconomics.The protocol charges […]
VC Spectra (SPCT) is an innovative decentralized hedge fund that leverages an advanced AI algorithm and a team of experts to identify investment opportunities with a higher return on investment (ROI). Its native token, SPCT, is built on the Bitcoin blockchain and follows a deflationary mechanism. The token can be used across the VC Spectra […]
Bumper, a decentralized finance (DeFi) protocol, has launched its crypto options killer, which promises to improve upon traditional Black-Scholes option desks by an average of 30%. The protocol is the result of a three-year research and development program, backed by $20 million in early funding, and collaboration with the Swiss Center for Cryptoeconomics.The protocol undercuts […]
The U.S. Financial Accounting Services Board (FASB) has passed a unanimous vote to drastically change the way crypto asset values are recorded on publicly traded companies’ balance sheets. Under the new rules, crypto assets will be marked at fair value in companies’ accounting statements, rather than the current model of recording their crypto values at […]
Bumper, a decentralized finance (DeFi) protocol, has launched its crypto options killer, which promises to improve upon traditional Black-Scholes option desks by an average of 30%. The protocol is the result of a three-year research and development program, backed by $20 million in early funding, and collaboration with the Swiss Center for Cryptoeconomics.The protocol undercuts […]
The Tokenized Asset Coalition (TAC) is a new advocacy group formed by seven leaders in decentralized finance (DeFi). The founding members are Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz, but membership is open to any organization that shares the vision of creating a unified financial system on the blockchain. The group’s initial […]
Brian Armstrong, the CEO of Coinbase, recently proposed a series of innovative ideas that have gained immense attention from the crypto community. In response, he received more than 150 project applications. One of his proposals was for a Web3 version of LinkedIn, which would use company-issued, soul-bound NFTs to authenticate employment and credentials. This platform […]
