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Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto

The regulator says it’s “committed to keeping pace” with the risks of “the growth of crypto assets”, upping its budget by $31 million in preparation. Source: https://cointelegraph.com/rss Bank of England’s PRA raises budget M for ‘emerging risks’ like crypto

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EU officials considered Bitcoin trading ban to enforce proposed mining ban

Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. Source: https://cointelegraph.com/rss EU officials considered Bitcoin trading ban to enforce proposed mining ban

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The 3 questions on financial literacy Bitcoiners flunk: Bank of Canada

“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin.” Source: https://cointelegraph.com/rss The 3 questions on financial literacy Bitcoiners flunk: Bank of Canada

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Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. Source: https://cointelegraph.com/rss Hacker bungles DeFi exploit: Leaves stolen M in contract set to self destruct

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Derivatives exchange dYdX to become '100% decentralized by EOY'

dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t. Source: https://cointelegraph.com/rss Derivatives exchange dYdX to become '100% decentralized by EOY'