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July, 2023

July, 2023

Another Binance Exec Resigns Amid US Legal Scrutiny
Patrick Hillmann, Binance’s chief strategy officer, confirmed via a tweet that he is leaving the cryptocurrency exchange, parting ways amicably after a two-year tenure. His announcement joins the re...
Canada Places Trust in Regulated Crypto Investment Funds
The Canadian Securities Administrators (CSA) has confirmed its confidencein the regulated futures market for cryptocurrencies, considering Canada was the first country to launch a Bitcoin exchange-tra...
DeFi Protocol Hack Drains $455K from Arcadia Finance
DeFi protocol Arcadia Finance fell victim to a code exploit, leading to a significant loss of approximately $455,000. Blockchain security firm PeckShield was the first to detect and reveal the......
CBDCs Could be Used by 24 Countries Within 10 Years: BIS Report
As the cryptocurrency market continues to stay volatile, central banks globally appear undeterred, doubling their efforts to develop their digital currencies or CBDCs. An estimated 24 of these CBDCs a...
The Other Terra Co-Founder Starts His Trial in Seoul
Daniel Shin, co-founder of Terraform Labs, had his firsthearing held by Seoul’s Southern District Court on July 10, as reported by local Korean media. Prosecutors addressed several charges, includin...
No, USDT Didn’t Actually Lose Its Peg: Tether CTO
Binance.US, the American branch of the worlds largest crypto exchange, is experiencing an unusual price differentiation that has seen cryptocurrencies trading at discounts of around $3,000. The differ...
Crypto.com Turns Up the Heat With No Lock-Up Proof-of-Stake on App
Crypto.com, a crypto exchange with over 80 million global users, is now offering on-chain staking on its app, according to a recent press release. This feature enables users to take......
SEC’s Approval of Riskier Bitcoin ETF Draws Criticism from Grayscale
Digital asset manager Grayscales lawyers have criticized the U.S. Securities and Exchange Commission (SEC) for approving a leveraged Bitcoin-based exchange-traded fund (ETF) at a time when the company...
BTC to $120,000? Standard Chartered Thinks 2024 is Bitcoin’s Year
Standard Chartered has raised its 2024 Bitcoin forecast to $120,000, a notable increase from the $100,000 prediction made in April, according to a Reuters report. The United Kingdom-based financial in...
DeFi Protocol Rodeo Finance Hacked; $1.53M of ETH Stolen
Rodeo Finance, a DeFi protocol residing on the Arbitrum blockchain, suffered its second significant exploit on July 11, resulting in a loss of 472 ETH, equating to approximately $888,000 million.......
Newswire > July, 2023

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