The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis. Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy implementation of a cross-border framework for crypto assets. According to local reports in…

Following the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. Vitalik Buterin, co-founder of Ethereum has allegedly had his X (formerly Twitter) account compromised. According to prominent blockchain investigator ZachXBT, the incident has led to victims collectively…

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in the DeFi ecosystem…

Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event. The Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about what the central bank’s role is in financial innovation. Research and supervision was the short answer, with…

Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk…

Bumper removes downside volatility for protected assets, making it a reliable alternative to crypto options trading. Price volatility is one of the biggest deterrents of the crypto market, dissuading newcomers from trading or investing in cryptocurrencies like Bitcoin or Ether. Extreme market conditions can trigger billions of dollars in liquidations, making it less than ideal for…