California Begins Enforcing State-Level Crypto Licensing With DFAL
This post was originally published on this site. In brief California has set a July 1 deadline for crypto firms serving residents to hold a DFAL license, file an application,…
Moonwell’s $1.12 nightmare: A pricing glitch just let bots seize millions in ETH collateral
This post was originally published on this site. A pricing error that lasted only minutes has left DeFi lender Moonwell with nearly $1.8 million in bad debt after a software…
Brevan Howard’s crypto fund said to lose 30% in worst year since inception: FT
This post was originally published on this site. Investment manager Brevan Howard’s cryptocurrency fund fell almost 30% last year as the bitcoin BTC$67,048.24 bull run faltered, the Financial Times (FT)…
Zora moves onto Solana with ‘attention markets’ for trading internet trends
This post was originally published on this site. On-chain social platform and decentralized protocol Zora is making a decisive shift beyond its non-fungible tokens (NFT) and creator roots with the…
Bitcoin losing $70,000 is a warning sign for further downside
This post was originally published on this site. Bitcoin BTC$67,048.24 is back below $68,000, making the earlier bounce to above $70,000 look weaker. The largest cryptocurrency briefly tried to reclaim…
Peter Thiel’s Founders Fund dumps every ETHZilla share
This post was originally published on this site. Digital asset treasury firms with a sole business of investing in tokens have fallen out of investor favor and how. Billionaire entrepreneur…
Bitcoin ETFs hold billions despite price crash, but resilience masks harsh reality
This post was originally published on this site. Bitcoin exchange-traded funds (ETFs) continue to hold billions in assets despite bitcoin’s brutal price crash, but that staying power isn’t necessarily the…
Wall Street Pushes Deeper Into Prediction Markets With New ETF Filings
This post was originally published on this site. In brief Bitwise, Roundhill, and GraniteShares have filed for election-linked prediction market ETFs. Experts say demand and liquidity could be strong from…
Oracle Error Leaves DeFi Lender Moonwell With $1.8 Million in Bad Debt
This post was originally published on this site. In brief A misconfigured oracle priced cbETH at about $1 instead of roughly $2,200. Liquidations seized 1,096.317 cbETH and wiped out borrower…
Bitcoin’s Divergence From Nasdaq Is a Warning on Dollar Liquidity: Arthur Hayes
This post was originally published on this site. In brief Bitcoin’s decline is diverging from Nasdaq’s sideways movement, flashing a warning signal according to Maelstrom fund’s Arthur Hayes. Hayes estimates…