RBA Says Australian CBDC is Years Away After Pilot Study
The Reserve Bank of Australia (RBA) has announced that the introduction of a central bank digital currency (CBDC) in Australia is not imminent, as it requires more policy deliberation and research. The announcement follows the completion of a pilot study conducted by the RBA and the Digital Finance Cooperative Research Centre (DFCRC), a consortium of […]
Aave V2 Witnesses CRV Liquidation Price Plummet to 0.241 USDT
Recent developments in decentralized finance (DeFi) terrain indicate a significant shift in the dynamics of CRV liquidation on Aave V2. The PANews report, published on August 23 and supported by DefiLlama data , reveals a significant increase in CRV loans within Aave V2. This event is notable for its remarkable liquidation price of 0.241 USDT. […]
Investors Sue Atomic Wallet Over $100M Crypto Hack
A group of dissatisfied cryptocurrency investors has filed a class action lawsuit against Atomic Wallet, which suffered a significant security breach and $100 million in losses in June, stating the firm didn’t share any information about the hack with clients or report it to the police. BNE IntelliNews reported on August 21 that dozens of […]
Israeli Crypto Tycoon Faces Charges for $290M Fraud Scheme
Moshe Hogeg, a prominent Israeli businessman and owner of Beitar Jerusalem FC, is accused of stealing, laundering, and misusing millions of dollars from investors in four crypto projects. He also faces charges of sexual offenses against women. Moshe Hogeg, a well-known figure in the Israeli crypto scene and the owner of the Beitar Jerusalem soccer […]
FBI Identifies 6 Bitcoin Wallets Linked to North Korea Lazarus Group
The Federal Bureau of Investigation (FBI) has identified six Bitcoin wallets associated with Lazarus, a hacking organization supported by the North Korean government. The six wallets contain 1,580 Bitcoin valued at $40 million. In its investigation, the FBI discovered that the Lazarus group transferred approximately 1,580 BTC using multiple cryptographic exploits. These funds are currently […]