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The BNB Smart Chain (BSC) resumed operations as chain validators adopted a software update that would close the exploit used by hackers to drain funds off-chain. Initial token movements suggested that up to two million BSC tokens, worth roughly $570 million, were targeted by an attacker late Thursday, but Binance CEO CZ Zhao estimated in a tweet that the attacker was only able to get away with $100 million of that. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

7 жовт. 2022 р.

CORRECTION: Since publication, the reporting and headline of Celsius executives withdrawing crypto has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million. CoinDesk's Nikhilesh De also discusses the latest developments surrounding South Korean officials announcing it would invalidate Terra creator Do Kwon's passport.

6 жовт. 2022 р.

Prosecutors in South Korea have frozen $39.66 million of cryptocurrency assets belonging to Terraform Labs CEO Do Kwon, according to Korean media outlet News1. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the report and Do Kwon's response on Twitter.

5 жовт. 2022 р.

The Financial Times reports that Celsius Network co-founder and Chief Strategy Officer S. Daniel Leon resigned Tuesday. He is the latest executive to depart the company after now-former CEO Alex Mashinsky. Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest c-suite changes for the crypto lender.

5 жовт. 2022 р.

The Financial Stability Oversight Council warned that cryptocurrencies could pose risks to U.S. financial stability if they "were to grow without adherence to or being paired with appropriate regulation.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the report's findings.

4 жовт. 2022 р.

Crypto asset management firm Grayscale Investments, which offers the world’s biggest bitcoin (BTC) trust, is bringing a key administrative role for all of its products in-house through a newly created broker-dealer unit. Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

3 жовт. 2022 р.

The Securities and Exchange Commission announced charges against the Hydrogen Technology Corporation and its former CEO Michael Ross Kane for allegedly creating a manipulated market for its crypto asset securities called “Hydro.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the charges and what this means for crypto regulation.

29 вер. 2022 р.

The Commodity Futures Trading Commission (CFTC) used an online discussion forum to serve a lawsuit against members of Ooki DAO, a decentralized autonomous organization (DAO) that operates a protocol offering allegedly illegal, off-exchange tokenized margin trading and lending services. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

28 вер. 2022 р.

California, New York and six other states are suing cryptocurrency lending platform Nexo for allegedly offering unregistered securities in the form of accounts that pay interest for cryptocurrency deposits, the states said in statements on Monday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the developments.

27 вер. 2022 р.

California Governor Gavin Newsom (D) vetoed a bill that would have created a licensing regime for anyone hoping to facilitate crypto transactions, likening it to how money transmissions are currently overseen by the Money Transmission Act. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down what this means for crypto regulation.

26 вер. 2022 р.