Cryptocurrency News

The Malta Financial Services Authority (MFSA) has launched a consultation on the regulation of DeFi projects. The regulator proposed assessing decentralization not as a binary feature but as a spectrum: protocols with centralized elements such as administrative keys, concentration of governance, upgrade rights, and control over…

G7 leaders, heads of major AI companies and representatives of the tech industry discussed the risks of overreliance on American artificial intelligence models during a summit in Evian-les-Bains, France. FT reports this. During the G7 summit, French President Emmanuel Macron and Indian Prime Minister Narendra Modi warned that…

The US Federal Reserve (Fed) kept its benchmark interest rate in the range of 3.5% to 3.75%. This triggered a sell-off of cryptocurrencies: immediately after the US central bank's announcement, Bitcoin fell by almost 1.2%. Major altcoins dropped 2-3%. Over the past day, Bitcoin lost 2.3% of its value, falling to around $64,000. Ether declined by 3%…

On June 18, a hacker breached an unused smart contract on the Aztec L2 network. According to a preliminary estimate, the amount of damage is about $2.15 million. We are investigating a potential exploit affecting a deprecated Aztec payments product from 2021. ~$2m was transferred from the immutable smart contract in transaction:https://t.co/FS4JoNnfiJThe deprecated product is an…

The government of the Kingdom of Bhutan transferred 533 bitcoins worth about $34.5 million to the Binance crypto exchange. The operations were recorded by analysts of the Arkham Intelligence platform. The transfers came from a wallet linked to the state investment company Druk Holding & Investments. The largest single transaction was 227.19 bitcoins ($14.7 million), another one —…