Arbitrum Discord hacker shares phishing announcement amid airdrop hype
    26 Mar 2023
    303 Views

    The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server. On March 25, blockchain-focused security firm CetriK revealed…

    What is fiscal policy, and why does it matter?
    26 Mar 2023
    276 Views

    Fiscal policy shapes economies through government spending, taxation and borrowing. Fiscal policy is a tool used by governments to regulate economic activities in their country. It involves the use of government spending, taxation and borrowing to influence economic growth, stabilize inflation and maintain a stable economy. This article will explain what fiscal policy is, how…

    Euler Finance exploiter returns over 58,000 stolen Ether
    26 Mar 2023
    269 Views

    ETH worth over $101 million had been returned to the lending protocol as of March 25. The exploiter still controls part of the stolen assets. The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data. In a transaction on March 25, the exploiter…

    Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper
    26 Mar 2023
    236 Views

    American venture capital investor Tim Draper warned business founders to prepare for “more and more” bank failures if the government continues to “print money and whipsaw interest rates.” American venture capital investor and entrepreneur Tim Draper advised founders to keep at least two payrolls worth of cash in Bitcoin or alternative cryptocurrencies, in response to the…

    White House report takes aim at Bybit — and forgot about Deribit
    25 Mar 2023
    307 Views

    The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space. The White House released its annual economic report on March 20, and it dedicated an entire section to digital assets. The authors should be commended for doing so. I largely agree with the…

    US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting
    25 Mar 2023
    292 Views

    Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff that concluded that the banking system “remains sound.” The United States’ most powerful financial regulators gathered on March 24 by video conference for an unscheduled, closed meeting of the Treasury Department’s Financial Stability Oversight Council…