cryptobriefing

SEC charges Rari Capital and co-founders over unregistered securities

Key Takeaways Rari Capital and its co-founders settle with the SEC over unregistered securities offerings. The SEC continues to enforce…

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Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut

Key Takeaways Bitcoin and S&P500 both increased following the Fed’s rate cut. The crypto market cap increased by over 3%…

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Fed makes aggressive 50 bps cut amid recession fears

Key Takeaways The Fed’s rate cut to 4.75%-5.00% reflects rising economic concerns. Major banks increase recession probabilities following the Fed’s…

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Ethena Labs suffers frontend attack, confirms protocol remains unaffected

Key Takeaways Ethena’s frontend compromise has led to significant user risk. The protocol’s USDe token is backed by crypto assets…

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Cencora pays $75 million in Bitcoin in the largest known case of ransomware attack

Key Takeaways Cencora paid $75 million in Bitcoin, the largest known cyber extortion payment to date. The healthcare sector is…

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Chromia unveils $20 million data and AI fund, plans Asgard upgrade

Key Takeaways The fund will foster data cleaning and automation in the blockchain industry. The Asgard mainnet will introduce Extensions,…

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Bitwise CIO highlights BTC as key risk-on asset as ETF inflows surge amid 50bps rate cut possibility

Key Takeaways Bitcoin ETFs recorded $502 million in inflows over four trading days amid Fed rate cut speculation. Fidelity’s FBTC…

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Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

Key Takeaways TrueX introduces a stablecoin-centric trading platform, aiming for minimal slippage between various stablecoins. The exchange secures $9 million…

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Binance confirms launch of Moonbix, its new Telegram mini-game

Key Takeaways Binance’s Moonbix game was leaked before its official release. The company is addressing user issues caused by the…

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Google Cloud rolls out Ethereum-compatible blockchain RPC service

Key Takeaways Google Cloud’s new Blockchain RPC service simplifies web3 development. The service offers scalability and supports Ethereum with plans…

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