Browsing: DeFi

The European Banking Authority has formally urged the EU to bring crypto lending and DeFi intermediation within the scope of its Markets in Crypto-Assets regulation, or MiCA. In a report submitted to the European Commission, the EBA recommended leverage limits,…

Garrett Jin, the BitForex founder who has faced allegations of profiting from insider trading ahead of last October’s largest-ever forced liquidation event, withdrew all 147 million USDC held on Hyperliquid and transferred the funds to Binance.

Payy Network, a privacy-focused stablecoin payments network, is estimated to have lost about 1.8 million USDC in a hacking attack, according to on-chain analyst Specter Investigation. The attacker is understood to have obtained the initial funds through privacy protocol Railgun,…

Bitcoin fell below $85,000 as U.S. Treasury yields resumed climbing after S&P Global reported a stronger-than-expected preliminary U.S. composite purchasing managers index for September, CryptoSlate said. The outlet said S&P Global’s preliminary September U.S. composite PMI came in at 58.4,…