CNA Insurance excludes NFTs from coverage of $20M trust policy
The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered...
Month: September 2023
CFTC Commissioner plans to modernize investor protection with technology
To minimize the damages caused by financial fraud, Romero proposed the formation of the National Financial Fraud Registry — a...
Bitcoin price must take $26K, trader says after ‘textbook short squeeze’
Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place. Bitcoin...
DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols
The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from...
Metaverse is dead in the West, but ‘so hot’ in Asia: Sandbox co-founder
Sandbox co-founder Sebastien Borget says the metaverse sector is thriving in Hong Kong, Korea and Japan. The metaverse might feel...
Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.
Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds
Banana Gun’s newly launched token plummeted more than 99% within three hours of its launch after a bug was discovered...
Stablecoin de-pegging plagued USDC and DAI more than others: Analysts
Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of...
BIP-300 biff: Debate reignites over years-old Bitcoin Drivechain proposal
The proposal would allow other blockchains built on the Bitcoin network. In August, a core developer rewrote the proposal's code...
Vitalik Buterin reveals X account hack was caused by SIM-swap attack
The Ethereum co-founder has regained control of his T-Mobile account, confirming that a SIM-swap attack resulted in the hack of...
Bitget announces further $100M fund for ecosystem development
The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in...
SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing
Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate...
Bitcoin will bring global payments out of the ‘fax era’ — Ex-PayPal boss
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via...
Crypto companies form Texas blockchain group to advocate for clear regulations
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations. A group of...
How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from...
