Author: American Coins & Gold

Crypto Exchange BingX Hacked, Onchain Data Shows Over M Drained
Hacker have moved the stolen assets to decentralized exchanges.

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
The first protocol will be launched in 2025 with more than $100 million in total value locked.

U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

German Government Shuts Down 47 Exchanges, Says They're Tied To ‘Illegal Activity’
The German Attorney General’s Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.

Bitcoin Faces Key Test at K as Altcoins Lead Crypto Rally; Options Traders Bet on K BTC Next Month
The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.

Does SBF’s Appeal Stand a Chance of Succeeding?
Lawyers contacted by CoinDesk are skeptical the FTX’s founder will get another trial.

Protocol Village: Worldcoin, Sam Altman-Backed Crypto Project Known for Iris-Scanning Orbs, Turns to '1:1 Face Comparison'

Protocol Village: Polkadot 'Agile Coretime' Allows for Secondary Market on Computational Resources

The Maturing Crypto Job Market
Compared to the last bull cycle, the jobs market is slightly less abundant for candidates looking to enter the industry. But professionals with experience are as well-placed as ever, says Emily Landon, founder of The Crypto Recruiters.