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US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

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The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental.

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Coin Market

Cysic crypto bridge halted after unauthorized mint of 10M CYS

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Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.

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Coin Market

Chinese suspect in $75M international crime network arrested in Bangkok

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Police alleged the suspect was involved in cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.

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Tether backs AIsa as strategic investor, completing seed extension round

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The round brings AIsa’s total funding to more than $9 million.

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