Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million
Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices. Source：CoinDesk
Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push
The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group. Source：CoinDesk
Live updates: Bitcoin steady around $80,000 as markets rally after Democratic sweep
Ether jumped 4% and crypto ETFs drew fresh money after Wall Street turned higher and Brent crude fell nearly 9%. Source：CoinDesk
SEC Adopts Amendments to Update Definitions of Small Entity for Investment Companies and Investment Advisers
The Securities and Exchange Commission today adopted amendments to the rules that define which registered investment companies, investment advisers, and…
Binance's $6.3 billion hack began with a fake job interview, exchange says
North Korealinked attackers spent months compromising Binance employees and internal systems before exploiting its hotwallet signing infrastructure through…
ETHGas wants to bring Wall Street to public Ethereum by selling advance block reservations
But there’s a catch: validators that fail to deliver on their commitments currently face no financial compensation requirement under the service.…
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says
Ardoino didn’t say where the extra coins sit. Holdings outside USDT reserves, such as Tether’s investments, wouldn’t appear in the report. Source：CoinDesk
Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. Source：CoinDesk
Why stealing billions from a crypto exchange can be harder to stop than a bank theft
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get…
The $6.3 billion Binance hack paradox: Centralization made the hack possible, but also saved $3 billion
The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of…
Experts divided over Binance hack asset freezes, warn recovery is another matter
Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same…
Binance hack drained wallets backing customer assets, reserve data shows
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces…