Euler Finance hacker sends 100 ETH to red-flagged North Korean address
While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, it highlighted the possibility of misdirection by other hackers. Read More
SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the head of policy and regulatory strategy in November 2021. Read More
Playboy Records a $4.9 Million Loss from its Rabbitars NFT Project
Lifestyle and media company, Playboy, recorded almost $5 million in impairment losses arising from the ETH it holds from ‘Rabbitars’ NFT sales conducted in 2021. This is according to a new annual filing with the SEC dated March 16. In total, Playboy claims to have lost $4.9 million on its Ether balance after opting to hold onto the funds generated […]
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The banking coalition reportedly argued in a letter to federal regulators that it would bring stability to the banking industry and reduce the chances of “more bank failures.” Read More
Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation. Read More
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.” Read More
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance. Read More
Euler Finance hacker sends 100 ETH to red-flagged North Korean address
While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, it highlighted the possibility of misdirection by other hackers. Read More
SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the head of policy and regulatory strategy in November 2021. Read More
USDC in circulation fell over 10% since de-peg event
The stablecoin market has seen significant changes over the past few weeks — including the removal of over 7 billion USDC stablecoins from circulation following the depegging event on March […]