Saturday, January 11, 2025
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DeFi Project ArmorFi Awards $1.5M Bounty for Bug Alert That Potentially Saved Its Reserves

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ArmorFi’s CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug.

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Australia’s Central Bank Says Bitcoin ‘Not Really Money,’ No Risk to Financial Stability

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The Reserve Bank’s assistant governor for financial systems, Michelle Bullock, said there is “a lot of fuss over bitcoin.”

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Twitter CEO Jack Dorsey Has Set up His Own Bitcoin Node

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Dorsey will now have a hand in keeping the bitcoin network running.

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Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

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Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said.

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Crypto Hedge Fund Founder Pleads Guilty to $90M Fraud

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Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle.

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Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

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Caving to pressure from retail traders, South Korea’s ban on short-selling has been extended through May 2021.

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Yearn Finance DAI Vault ‘Has Suffered an Exploit’; Funds Lost Unclear

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The amount taken is unclear but Yearn shows percentage losses for the DAI vault in the triple digits.

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TokenSoft to Trade Digital Securities on tZERO’s Retail Market

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On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.

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Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO

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The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.

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What We Learned About PayPal’s Crypto Strategy This Week

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Insights from PayPal’s first quarterly earnings report since launching crypto services.

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