Ethena’s risky path: A synthetic stablecoin cautionary tale
The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of $2.7 billion....
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AI deepfake attacks will extend beyond videos and audio — Security firms
AI-powered deepfake scams targeting crypto wallets are rising, with experts warning of evolving threats and urging users to protect their digital assets....
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Singapore probes illegal Worldcoin accounts and token sales
Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity....
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SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’
SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.”...
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FTX pencils deal to access $600M in Robinhood shares
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash....
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SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023
The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon....
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Crypto scam livestreams deepfaked Tim Cook amid Apple iPhone 16 launch
A deepfake of Apple CEO Tim Cook asked viewers to deposit crypto into a wallet address in a bid to pull off the common “double-your-money” scam....
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Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG
“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro....
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North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto....
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2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec
Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec...
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