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Tag: risks

Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown

June 7, 2023 wp-bot Bitcoin News, Coinbase

In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures

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Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July

June 3, 2023 wp-bot Bitcoin News

Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this

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EU Securities Watchdog ESMA Warns of Unregulated Crypto, Gold Investment Offerings

May 28, 2023 wp-bot Bitcoin News

The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until

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Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’

April 20, 2023 wp-bot Bitcoin News, Blockchain

According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor

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US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

April 6, 2023 wp-bot Bitcoin News

The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers,

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Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses

April 4, 2023 wp-bot Bitcoin News, Blockchain

On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of

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