Latest from Nikhilesh De
Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack
Raft's R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit.
BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world's largest asset manager has already made waves by seeking to list a bitcoin ETF
SBF Trial: The Last Day of Summer Camp
Sam Bankman-Fried's trial ended, in the words of his defense attorney, "gradually, then suddenly."
Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says
The SEC pushed back against Binance's motion to dismiss its lawsuit in a new filing.
U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push
Representatives of the company are answering questions from two divisions of the U.S. Securities and Exchange Commission in the wake of Grayscale's court win over the agency.
BTC Price Pushes Towards $36K Ahead of 2023's Last Approval Period for Bitcoin ETFs
Analysts at Bloomberg predict that if a spot bitcoin ETF is not approved in this period, there’s still a 90% chance for approval by Jan. 10.
BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.
UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
How the Crypto Industry Responded to the IRS Proposed Broker Rule
Some people are concerned about privacy. Some about data. And some about…Richard Heart?
