Crypto Lender Shezmu Recovers Hacked Funds via Negotiation
Shezmu negotiated with a hacker to retrieve over $5 million in stolen crypto and increase the bounty. Utilizing the Yield Protocol, Shezmu recovered nearly $5 million in stolen funds within hours after successfully negotiating with the hacker. On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, alerted the public to a compromised storage […]
Bank of Japan Maintains Interest Rates
Core consumer inflation in Japan reached 2.8% in August, fueling speculation that the Bank of Japan may raise rates. The Bank of Japan (BOJ) has decided to maintain interest rates at their current level of 0.25%, which is a significant macroeconomic event. This new discovery has increased the Nikkei index by 2.10 percent and 700 […]
Texas Court Dismisses Consensys Lawsuit Against SEC
The U.S. District Court has dismissed the Consensys lawsuit against the SEC regarding Ethereum and MetaMask on procedural grounds. The United States District Court dismissed Consensys Software Inc. ‘s lawsuit against the Securities and Exchange Commission for the Northern District of Texas. This occurred following a protracted legal dispute regarding the status of Ethereum and […]
DZ Bank Collaborates with Boerse Stuttgart for Crypto Trading
The agreement will provide cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout set for late 2024. Germany’s second-largest financial institution, DZ Bank, has teamed up with Boerse Stuttgart Digital to offer cryptocurrency trading and custody services to its cooperative bank network. This partnership will enable around 700 cooperative banks […]
Chainalysis: Premium Index Boosts South Korean Crypto Market
The Korea Premium Index drives price increases in South Korea’s crypto market, where institutional trading is crucial. A recent report from Chainalysis shows that South Korea’s cryptocurrency market is experiencing significant growth, largely driven by the rise in the Korea Premium Index. The report emphasizes that local demand, institutional trading, and specific market dynamics in […]