Basel Committee to consider disclosure requirements for banks’ crypto assets
    07 Oct 2023
    100 Views

    The fallout from the banking crisis earlier this year continues as the Basel Committee on Banking Supervision considers requiring banks to disclose their crypto asset holdings. The committee, which operates under the aegis of the Bank for International Settlements, identified holding crypto as one of the factors that led to the demise of several banks…

    Rise of Ethereum staking came at cost of higher centralization — JPMorgan
    07 Oct 2023
    88 Views

    The rise of Ethereum staking since major network upgrades, the Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by JPMorgan said. JPMorgan analysts, led by senior managing director Nikolaos Panigirtzoglou, issued a new investor note on Oct. 5, warning about the risks stemming from Ethereum’s…

    Galxe protocol experiences DNS attack, losses top $150K and still growing
    07 Oct 2023
    87 Views

    The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer. The website of Web3 community platform Galxe was offline for about an hour on Oct. 6. Galxe reported on X (formerly Twitter) that its website was down at 14:44 UTC,…