Grosscrypto News

Decentralized email platform Dmail to cease services on May 15

Decentralized email platform Dmail to cease services on May 15 - Latest Cryptocurrency News

Dmail Network will shut down on May 15 after citing high infrastructure costs, failed fundraising and weak token utility.

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Centralizing crypto: Why Malta’s clash with ESMA is about more than one small state

Centralizing crypto: Why Malta’s clash with ESMA is about more than one small state - Latest Cryptocurrency News

A plan to move supervision of major crypto asset service providers to the France-based ESMA is testing MiCA’s balance between EU-level control and national-level decision-making.

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Aave avoided bad debt by shifting risk to borrowers: Bank of Canada study

Aave avoided bad debt by shifting risk to borrowers: Bank of Canada study - Latest Cryptocurrency News

A Bank of Canada staff paper found Aave V3 avoided bad debt in 2024, but said the model pushed losses onto borrowers during liquidations.

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Bitcoin 'done' with 85% crashes, says Cathie Wood amid new $34K target

Bitcoin

ARK Invest CEO Cathie Wood said that Bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs.

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Drift sends onchain message to wallets tied to $280M exploit

Drift sends onchain message to wallets tied to $280M exploit - Latest Cryptocurrency News

Drift Protocol initiated onchain contact with wallets tied to the $280 million exploit as an unknown sender also attempts to pressure the attacker.

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South Korean brokerage Korea Investment & Securities eyes Coinone stake: Report

South Korean brokerage Korea Investment & Securities eyes Coinone stake: Report - Latest Cryptocurrency News

The reported acquisition talks come as South Korea is considering a 20% cap on major crypto exchange shareholders, which would force major platforms to restructure ownership.

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Crypto hackers steal $169M from 34 DeFi protocols in Q1: DefiLlama

Crypto hackers steal $169M from 34 DeFi protocols in Q1: DefiLlama - Latest Cryptocurrency News

January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.

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Bitcoin supply in profit heads to ‘true bear market’ levels

Bitcoin supply in profit heads to ‘true bear market’ levels - Latest Cryptocurrency News

CryptoQuant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.

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Tokenization makes finance more efficient but introduces risks: IMF

Tokenization makes finance more efficient but introduces risks: IMF - Latest Cryptocurrency News

The IMF said tokenization could improve cross-border payments and financial inclusion in emerging economies but cited concerns over volatility and the “erosion of monetary sovereignty.”

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Stablecoins flip automated clearing house volume in February

Stablecoins flip automated clearing house volume in February - Latest Cryptocurrency News

Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network.

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