Compound DAO faces calls for more oversight amid conflict of interest claims
DeFi platform Compound is facing calls to onboard additional risk managers in response to a governance proposal by current manager Gauntlet.
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Ethereum down 33% since Eric Trump suggested it was a ‘great time’ to buy
When Trump made the claim, ETH's price stood at around $2,877.32. However, it has since dipped to $1,908.57.
Elon Musk blames X outage on ‘massive cyberattack’ as bitcoin dips to $78K
Hacking group Dark Storm has claimed responsibility for the attack on X. The group has warned it would target countries that support Israel.
PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
UK Treasury says ‘no plans’ to introduce US-style bitcoin reserve
Despite the US introducing a strategic bitcoin reserve, the UK still deems the currency too volatile and will not follow suit.
BlackRock wants to stop bitcoin ETF outflows with 1-2% allocation target
Wealth management giant Blackrock has decided to introduce bitcoin allocation suggestions for the first time in certain model portfolios.
Ripple founders lobbied for XRP reserve, got sell-only stockpile instead
Ripple and Fairshake tried to convince the US government to buy XRP as part of a crypto reserve. They failed at the eleventh hour.
— Chris Larsen, Hack
Ripple’s Chris Larsen lost $150M in XRP after LastPass hack
An associate of Ripple co-founder Chris Larsen used the hacked password manager LastPass to store private keys guarding Larsen's $150M in XRP.
Sam Bankman-Fried was planning Tucker Carlson interview for years
Sam Bankman-Fried, the former chief executive of bankrupt FTX, appeared on Tucker Carlson's show to "come out as republican."
Trump confused by Strategic Bitcoin Reserve he just ordered
At the signing ceremony for the Strategic Bitcoin Reserve, Donald Trump seemed as confused about its impact as the rest of the market.