Crema Finance shuts liquidity protocol on Solana amid hack investigation

While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem. Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit that has drained a substantial but undisclosed amount of funds.Soon after realizing the hack on its protocol, Crema Finance suspended the liquidity services to refrain the hacker from draining out its liquidity reserves — which include the funds of the service provider and investors.Attention! Our protocol seems to have just experienced a hacking.

Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed and FTX inks deal with BlockFi: Hodler’s Digest, June 26-July 2

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Google users think BTC is dead — 5 things to know in Bitcoin this week

Traders brace for fireworks in July thanks to macro triggers while BTC price action is on track for a historic monthly close below the 200-week moving average. Bitcoin (BTC) starts a new week above $20,000 but heading for a new bearish record as a key support level remains out of reach.After a calm weekend punctuated by a brief spike to near $22,000, BTC/USD is back near the Friday closing price of CME futures markets.A “round trip” thus allows traders to pick up where they left off at the end of last week’s final Wall Street trading session, but what could lie in store in the coming days?A familiar cocktail of macro threats and ongoing bearish tendencies make the current climate far from ideal for the average hodler.

Albania to Begin Levying Crypto Tax Next Year, Report says

Southern European country Albania is reportedly on track to begin taxing digital currency earnings as of 2023.

Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Coinbase to track off-exchange transactions from Dutch customers

Dutch users need to provide the recipient's full name, the purpose of transfer and full residential address to move digital assets off the platform.

European Commission Advisor: ‘We’re Currently Not on Track to Regulate DeFi’

At Brussels Blockchain Week, crypto enthusiasts met in the shadow of impending regulation—but the regulators themselves were few and far between.

Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Russia's Sber to Complete Digital Assets Issuance by July

One of Russia’s largest financial institutions, Sber, is well on track to begin trading Digital Financial Assets (DFA) on its newly developed trading platform.

Bitcoin Takes A Beating At $27K As Crypto Economy Settles Just Above $1 Trillion

The global cryptocurrency market was on track for another decline on Saturday, as Bitcoin and other top cryptocurrencies took a significant blow throughout the day.

US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Jamaica on Track to Launch CBDC, says Jam-Dex

The Jamaican Decentralized Exchange (Jam-DEX), the official name of the Jamaican CBDC is set to go live for domestic use later this month, according to Bank of Jamaica Governor Richard Byles.

Beer, gambling and crypto: Budweiser races into Zed Run's NFT games

The duo will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000 and three tiers of airdropped Clydesdale NFT skins that are usable in Zed Run. Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its virtual NFT-based horse racing and wagering game.

SL Benfica to Launch Fan Tokens through Partnership with Socios.com

SL Benfica is on track to launch its fan tokens as it has inked a very promising partnership with blockchain startup Socios.com.

Crypto.com's Cronos launches $100M accelerator for DeFi and Web3

The Cronos Accelerator Program is backed by $100 million to help crypto projects in seed-pre-seed stages seeking mentorship, funding and growth. Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Metaverse space among others. Driving the initiative, the Cronos Accelerator Program is backed by $100 million to help crypto projects in seed and pre-seed stages seeking mentorship, funding and growth.

Leading Kitchen Equipment Provider CKitchen Embraces Cryptocurrencies

To keep track of evolving market trends, CKitchen, a leading US-based kitchen and restaurant equipment provider, has rolled out a crypto payment option (Read More)

US Fed begins quantitative tightening, Japan restricts stablecoin issuance and LUNA 2.0 rides a price roller coaster: Hodler’s Digest, May 29-June 4

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.