– Over $61 million was stolen from Curve Finance’s pools, exposing vulnerabilities in the DeFi ecosystem and causing volatility in tokens and stablecoins.
– The US Department of Justice is considering charging Binance with fraud but is concerned about the potential harm to consumers.
– Hong Kong has expanded its cryptocurrency trading to individual investors, with HashKey and OSL obtaining licenses to serve retail users.
– Coinbase denies reports that the SEC told it to delist all cryptocurrencies except for Bitcoin.
– The Ethereum network celebrated its 8th birthday, marking its growth to become the second-largest crypto asset.
– Bitcoin is at $28,985, Ether at $1,823, and XRP at $0.63. Helium, XDC Network, and Bone ShibaSwap are the top altcoin gainers, while Compound, Curve DAO Token, and Stellar are the top altcoin losers of the week.
– Ilya Lichtenstein admitted to hacking Bitfinex in 2016 and stealing 119,754 Bitcoin.
– FTX founder Sam Bankman-Fried is speculated to be secretly behind the controversial Bald memecoin.
– CertiK tried to warn users of a rug pull in a crypto project, but investors dismissed the warning. The project eventually shut down.
– Cointelegraph explores what crypto exchanges do with users’ money behind the scenes and examines deposit risks.
– Other features include Facebook’s losses in the metaverse, a text-based Discord RPG using AI and NFTs, and Girl Gone Crypto’s journey in the crypto industry.