DeFi Archives - Page 8 Of 29

Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister

December 25, 2024 Paulo

Russia is using Bitcoin and digital assets for foreign trade, bypassing sanctions. Finance Minister Siluanov confirmed these developments on Dec. 25.

Turkey implements new cryptocurrency AML regulations in 2025 to curb illicit financial activities.

Turkey Implements Stricter Crypto AML Regulations Starting February 2025

December 25, 2024 Paulo

Turkey’s crypto AML rules, effective Feb. 2025, require user identification for $425+ transactions and allow halting of risky transfers lacking info.

DeFi Hacks Drop 40% in 2024, CeFi Breaches Surge to $694M

December 24, 2024 Paulo

DeFi losses fall 40% in 2024 to $474M, while CeFi breaches surge to $694M. Improved DeFi protocols contrast with CeFi’s growing vulnerabilities.

Image of Rostislav Panev, accused LockBit ransomware developer, linked to cybercrime activities involving cryptocurrency.

US Charges Developer Linked to LockBit Ransomware Group, Paid in Crypto

December 21, 2024 Paulo

The US DOJ charged Rostislav Panev for creating ransomware tools for LockBit, earning $230K in crypto. Arrested in Israel, he awaits US extradition.

Ilya Lichtenstein delivers a statement from prison, addressing his role in the 2016 Bitfinex hack.

Bitfinex Hacker Speaks Out After Sentencing: Ilya Lichtenstein Takes Full Responsibility

December 19, 2024 Paulo

Bitfinex hacker Ilya Lichtenstein speaks out from prison, taking full blame for the 2016 Bitcoin heist and absolving wife Heather Morgan of involvement.

European Securities and Markets Authority building representing MiCA regulation guidelines release.

ESMA Releases Final Policy Guidelines on MiCA, Effective December 30

December 17, 2024 Paulo

ESMA unveils final MiCA guidelines, addressing crypto market abuse, investor protection, and operational resilience across the EU. Effective Dec 30, 2024.

European MP Sarah Knafo speaking against the digital euro and supporting Bitcoin reserves.

European MP Rejects CBDC, Advocates for Strategic Bitcoin Reserve

December 17, 2024 Paulo

European MP Sarah Knafo rejects the digital euro, calling it a “totalitarian temptation,” and advocates for a Bitcoin reserve to safeguard financial freedom.

BiT Global files $1 billion lawsuit against Coinbase over Wrapped Bitcoin delisting.

Coinbase Faces $1B Lawsuit from BiT Global Over Wrapped Bitcoin (wBTC) Delisting

December 15, 2024 Paulo

Coinbase faces a $1B lawsuit by BiT Global over Wrapped Bitcoin (wBTC) delisting, alleging anti-competitive practices to favor Coinbase’s cbBTC.

Ex-Goldman Sachs and Morgan Stanley Exec Joins OpenZK Network as Co-Founder

December 15, 2024 Paulo

Ex-Goldman Sachs and Morgan Stanley exec Dave Sandor joins OpenZK Network as co-founder to lead advancements in ZK-Rollup scaling and DeFi solutions.

Societe Generale and Banque de France explore blockchain for CBDC repo transaction on Ethereum.

Societe Generale and Banque de France Complete First CBDC Repo Transaction

December 14, 2024 Paulo

Societe Generale completes a CBDC repo transaction with Banque de France on Ethereum, testing blockchain for interbank liquidity and securities settlement.