The $160M Wintermute Hack was an Inside Job?
There is a new crypto paranoid notion brewing, this time in comparison to last week’s $160 million hack on algorithmic market producer Wintermute. One crypto investigator is claiming that the…
Ribbon Finance has launches ETH-Based Crypto Options Exchange in a Bid to Boost Growth
Ribbon Finance, a decentralized finance (DeFi) protocol known for its on-chain structured products, said it will launch an options exchange ‘Aevo’ to increase demand for its services among sophisticated crypto…
Disney’s Indicates it has Big Plans for NFTs and Cryptocurrency
Disney has always been at the forefront of cutting-edge technology, from early experiments with sound and color in its animated films to the creation of its own theme park rides…
Time is running out for Liz to Improve the UK Economy
The new Prime Minister, Liz Truss, has been in office for less than a month, and already her policies are coming under fire. One of her key platforms during the…
Goldman Sachs reduces its S&P 500 projection, saying stocks will fall more than 4% by year-end as the Fed remains aggressive
Goldman Sachs Group Inc. has slashed its year-end target for the S&P 500 Index, arguing that a dramatic shift in the outlook for interest rates moving higher will weigh on…
After Swindling Investors Out Of $35 million, ‘Crypto King’ Assets Seized
The “Crypto King” is facing some serious legal trouble after $35 million of investor money has vanished. According to legal filings, five luxury vehicles have been seized from him, including…
Nasdaq to Jump into The Cryptocurrency World for Institutions
Nasdaq Inc. is launching its first significant initiative into cryptocurrencies, the second-largest stock exchange preparing to take advantage of growing interest among big-money investors in digital currencies. Nasdaq’s Take On…
Crypto Market Maker Wintermute Allegedly Suffers $160M Hack
On Tuesday, a security breach occurred on algorithmic market maker service Wintermute. Hackers stole approximately $160 million in assets from the platform’s portfolio. Wintermute founder and CEO Evgeny Gaevoy announced…
The FCA Issues Warning Against Crypto Exchange FTX
The Financial Conduct Authority in the United Kingdom has warned consumers against trading on Sam Bankman-Fried’s cryptocurrency exchange FTX, which it claims isn’t authorized by the regulator to provide financial…
MicroStrategy Intends To Sell $500 Million In Stock to Acquire More Bitcoin
MicroStrategy (MSTR) has become a corporate bitcoin (BTC) vault, and now the software firm intends to sell up to $500 million in shares to fund additional bitcoin acquisitions. This move…