Hacker Steals $300K from OlympusDAO Despite $3.3M Bug Bounty

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. DeFi reserve currency protocol OlympusDAO lost roughly $300,000 after a hacker attacked its smart contract on Ethereum, security firm PeckShield reported Friday. The hacker drained 30,437 OHM tokens after a contract written by Bond […]

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EU Shifts Regulatory Focus to DeFi, Report Highlights Likely Policy Direction

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. EU could introduce new regulations to address major threats DeFi presents as standard policies are “inadequate to the treatment of DeFi services,” said European Commission’s Mattias Levin today. Levin’s remarks came during a webinar […]

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18/82 CFTC’s 2022 Enforcement Actions Aimed at Crypto

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Thursday, the CFTC released its annual enforcement report for the fiscal year 2022. The report details various actions taken by the Commodity Futures Trading Commission and takes special note of crypto-related actions. CFTC’s […]

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BNY Mellon Believes ‘Digital assets are here to stay’ – 2022 Survey Results Revealed

Following increasing demand for digital assets management services, BNY Mellon, the world’s largest custodian bank, now offers cryptocurrency custody services to its clients. “We are on a journey towards a future where blockchain and related capabilities will transform the financial services landscape,” says Mike Demissie, BNY Mellon’s Head of Digital Assets and Advanced Solutions. A […]

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Warner Bros. to Release Lord of the Rings NFTs Offering All-In-One Web3 Experience

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Warner Bros. is set to drop an NFT collection for the legendary Peter Jackson’s film ‘Lord of the Rings: Fellowship of the Ring,’ the production company announced Thursday. ‘The Fellowship of the Ring (Extended […]

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What is the Crypto-Asset Reporting Framework (CARF) & What Does it Mean for the Future of Crypto?

This month, the Organization for Economic Co-operation and Development (OECD) published its new tax reporting framework, dubbed the Crypto-Asset Reporting Framework (CARF). Approved in August, the CARF ensures “the collection and automatic exchange of information on transactions for relevant crypto,” stated the report.  The Motive As a part of the latest OECD Secretary-General’s Tax Report, […]

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pSTAKE partners Anchorage Digital to bring liquid staking to institutions

Liquid staking protocol pSTAKE to offer native crypto to institutions via Anchorage Digital. Anchorage Digital, the regulated crypto platform offering integrated financial services and custody solutions to institutions, and the first federally-chartered crypto bank in the United States, now supports the custody of PSTAKE, the native governance token of the liquid staking protocol pSTAKE. pSTAKE […]

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