July Crypto Hacks Result in $266mn in Losses, WazirX Hit Hardest

By Anjali Kochhar In July, the cryptocurrency sector faced a staggering $266 million in losses due to 16 separate hacking incidents, with Indian exchange WazirX suffering the most significant blow. The hack, which occurred on July 18, resulted in WazirX losing over $230 million—accounting for 86.4% of the total crypto losses for the month. The […]

Stablecoin regulation is Congress’ key priority, says Bitwise General Counsel

By Tsering Namgyal Bitwise’s general counsel Katherine Dowling believes that Congress will prioritize stablecoins among other crypto issues. “The first Congressional focus point will no doubt be stablecoins,” Dowling told Blockworks. Here is what we know so far Pointing to the bipartisan bill that lawmakers failed to pass last session, the time has come for […]