DeFi Protocol Hack Drains $455K from Arcadia Finance

Share this article 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... Read more »

Thailand Restricts Crypto Custodial and Lending Services

Share this article In an effort to strengthen investor protection in the digital asset space, Thailand’s Securities and Exchange Commission (SEC) has rolled out a fresh set of directives for firms offering... Read more »

South Korean Passes New Crypto Legislation in the Wake of Terra

Share this article Over one year after the collapse of Do Kwon’s Terra empire, South Korea is taking decisive action. The government has passed a groundbreaking piece of legislation, the Virtual Asset... Read more »

Binance, CZ Sued by SEC; A ‘Calculated Evasion of the Law’

Key Takeaways The SEC has sued Binance and CZ for 13 charges of buying, selling and trading unregistered securities, commingling customers’ funds and more. This lawsuit follows in the footsteps of the... Read more »

Did Sam Bankman-Fried Secretly Cash Out $1.5M?

Key Takeaways Sam Bankman-Fried may have sent over $1.48 million worth of crypto to various exchanges to cash out the funds. One of his publicly-known wallets, along with numerous known Alameda wallets,... Read more »

Fed Hikes Rates by Only 50 Basis Points, but Remains Hawkish

Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to a range between 4.25% and 4.50%. The... Read more »

Markets Climb As Inflation Keeps Cooling Off

Key Takeaways The CPI print for November came in today at 7.1%. The print is 0.6% lower than October’s, and 0.2% lower than expected. The crypto market reacted positively to the news,... Read more »

2022 in Review: the Top 10 Crypto Moments of the Year

Key Takeaways The crypto ecosystem shed $2 trillion in market value and lost several major players in 2022, but it didn’t die. Terra, Three Arrows Capital, FTX, and a host of other... Read more »

No, Wrapped Ethereum Isn’t In Trouble. Here’s Why

Key Takeaways Crypto Twitter has been sharing jokes about wETH being exploited or losing its peg. At least one media publication—Bloomberg—took the jokes at face value. Wrapped Ethereum does not have a... Read more »

2022 in Review: the Top Five NFT Drops of the Year

Key Takeaways The NFT market experienced a slump with the rest of crypto in 2022, but some collections stood out from the pack. Yuga Labs’ Otherside mint raised a record-breaking $310 million... Read more »