Crypto for Advisors: ETH Staking in 2024
In today’s issue of Crypto for Advisors, we share what advisors need to know about how ETH staking works and what’s coming.
Financial
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code
Security firm Blockaid’s CEO told CoinDesk that users are still at risk.
Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat
Like it or not, dog tokens are driving big business in the crypto markets.
First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024
The latest price moves in crypto markets in context for Dec. 14, 2023.
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Crypto custody specialist Taurus has partnered with lending company Teylor.
DeFi Protocol Sushi’s CTO Warns of Possible Exploit
Sushi’s CTO believes a commonly used web3 connector has been compromised.
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
Global Banking Regulator Proposes Changes to Criteria That Give Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
Crypto Exchange CoinList Settles OFAC’s Russian Sanctions Allegations for $1.2M
CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.