The hacker committed a $196 million flash loan attack on the Ethereum-based lending protocol on March 13. Ethereum-based noncustodial lending protocol Euler Finance is trying to cut a deal with the exploiter that stole millions from its protocol, demanding the…
Kategorie: Crypto Flash News
Signature Bank regulator says it was closed for not providing data: Report
A member of the bank’s board had previously claimed the agency wanted to send a message against crypto. The New York State Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and…
Euro Parliament approves Data Act that requires kill switches on smart contracts
The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community. The European Parliament passed the Data Act on March 14. The comprehensive bill was intended…
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector. Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the…
ChatGPT v4 aces the bar, SATs and can identify exploits in ETH contracts
GPT-4 completed many of the tests within the top 10% of the cohort, while the original version of ChatGPT often finished up in the bottom 10%. GPT-4, the latest version of the artificial intelligence chatbot ChatGPT, can pass high school…
Signature Bank investigated for money laundering prior to demise: Report
The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering. The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to…
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The investigations are separate from one another but will both look into Silicon Valley Bank’s collapse and stocks sold by executives prior to its fall. The United States Justice Department and the Securities Exchange Commission have reportedly launched inquiries into…
Circle ‘able to access’ $3.3B of USDC reserves at Silicon Valley Bank, CEO says
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT. Circle CEO and co-founder Jeremy Allaire says that since March 13, the stablecoin issuer…
Reddit back up: Site resolves ‘major outage’ after nearly 6 hours
The platform said “things are back in order” after it identified and fixed an internal systems issue that took its website offline for almost six hours. Social media platform Reddit is back online after it identified and implemented a fix…
Breaking: Shanghai upgrade executed on testnet but not without issues
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain. The Shapella hard fork has been executed on the Goerli testnet — the last test run before Ethereum validators will be able…