Was stock trading app Robinhood the villain in the GameStop saga? “In a decentralized trading market, no one would have that power.” Source …
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Yearn Finance DAI Vault ‘Has Suffered an Exploit’; $11M Drained
“Attacker got away with 2.8m, dai vault lost 11.1m,” a Yearn Finance developer posted in Discord. Source …
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PayPal Q4 Transaction Revenue Rose 11.8% in 1st Quarterly Report Since Adding Crypto
Customers who bought crypto through the platform have been logging in twice as much as they were before, the payments giant said. Source …
KuCoin CEO says insurance covered remaining losses stemming from $285M hack in 2020
KuCoin users were unaffected by the $285 million hack of 2020, as insurance funds covered the $16 million unrecovered from the incident. Source …
Bitwise Files for Approval to Publicly Trade Its Bitcoin Fund
The fund aims to compete with Grayscale's Bitcoin Trust and others by offering a 50 basis point lower expense ratio. Source …
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CryptoQuant CEO says Coinbase Bitcoin outflows are a ‘bullish signal’
The CEO of CryptoQuant says a recent 15,200 BTC outflow at Coinbase is a sign that institutions are accumulating for the next Bitcoin bull break. Source …
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Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange
SDAX now has in-principle approval from Singapore's central bank for its Recognized Market Operator license. Source …