Crypto News

The European Parliament's economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The…
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Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday's exploit and expects to begin returning assets in about two weeks, following testing and security reviews.According to a Saturday statement by Phillip…
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Key TakeawaysEuropean regulators require unauthorized crypto firms to halt new customer onboarding and prepare orderly market exits.Clients should confirm providers appear in the ESMA Register or transfer assets to authorized…
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Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply. It’s been a difficult 24 hours for…
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On-chain analysis reportedly found limited holdings of major assets, raising concerns about the exchange's liquidity. ZachXBT says AscendEX users are experiencing…
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Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production.Base posted to X on Thursday after the outage that the…
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South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas.In a Thursday notice, the country's Personal…
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For the past two cycles, Bitcoin DeFi has lived more as a promise than a category.Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive…
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Key TakeawaysBase mainnet block production stalled for nearly 2 hours on June 25 after block #47,806,542 caused a consensus failure.Coinbase’s Base team confirmed all funds are safe, with sequencing restored by 17:51 UTC and monitoring…
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Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are…
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