US risks losing the crypto race to UAE, Korea, Aus and Switzerland: Ark

    The United State crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from ARK Invest. The United States risks losing its position as a leader in the cryptocurrency race against countries including the United Arab Emirates, Korea, Australia and Switzerland, warns ARK Invest analyst Yassine Elmandjra. ▪️Regulatory Uncertainty Around…

    Attacker hijacks Tornado Cash governance via malicious proposal

    The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router. Adding to the existing roadblocks of the decentralized crypto mixer Tornado Cash, an attacker managed to gain full control of the governance through a malicious…

    From barrier to breakthrough: Solving UX can catalyze mass adoption of crypto

    From complexity to simplicity, or how UX can help drive crypto mass adoption through intuitive interfaces. Let’s be honest — it is hard to envision the mass adoption of crypto. As exciting as it is to imagine a world where crypto banking is as common as discussing the weather, or where classrooms are abuzz with conversations about the latest…

    US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined

    The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action. 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 United States Department of Justice (DOJ) is on the…

    Coinbase launches zero trading fee subscription service

    Coinbase’s new subscription service, “Coinbase One,” is expected to roll out across 35 countries in the near future. Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland will have access to Coinbase One. According to the May 18 announcement,…

    Bitcoin, gold and the debt ceiling — Does something have to give?

    Traders are still tiptoeing around markets, as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Bitcoin has been trying to break above the $27,500 resistance for the past week but to no avail. One of the reasons limiting Bitcoin’s upside is the risk of an…