API
Stands for Application Programming Interface, a software intermediary that helps two separate applications communicate with one another. They define methods of communication between various components.
Silvergate Faces Another Securities Law Class-Action Suit
Silvergate Capital, owner of Silvergate Exchange Network and Silvergate Bank, was sued in a class action. The complaint says Silvergate's platform missed $425 million in money laundering. The action argues the class might comprise hundreds or thousands of New York Stock Exchange-traded Silvergate shares.
3Commas Refutes Allegations That Employees Stole API Keys
3Commas, a crypto trading business, denies social media screenshots. To freeze exchange accounts, CEO Yuriy Sorokin recommends filing a police case. The business says phishing attempts "contribute" to thefts.
Italy will tax cryptocurrency earnings 26%
Italy will restrict digital currencies in 2023. Cryptocurrency trading earnings above 2,000 euros ($2,062) will incur a 26% capital gains tax. As "foreign money," digital currencies have enjoyed reduced tax rates. Portugal wants to tax cryptocurrency capital gains at 28%.
Galois Capital Declares Half of its Funds is Stuck with FTX
Galois Capital has revealed it has significant exposure to the bankrupt FTX
DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M
The stablecoin platform DFX Finance is the latest victim of a $7.5 million hack
Sequoia Capital's $213.5m Investments in FTX Marks Down to $0
Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.
Generate Capital to Purchase Bankrupt Compute North's Assets in 2 Mining Sites
The loan secured from Generate Capital prompted Bitcoin miner Compute North to file for bankruptcy protection.
Crypto Firm Q9 Capital Wins Dubai's Regulatory Approval for Provisional Virtual Asset
Crypto investment platform Q9 Capital has received regulatory approval for a provisional virtual asset from Dubai's Virtual Asset Regulatory Authority, according to the company's announcement.
FTX Users Lose Millions due to API Exploit
A new method of stealing crypto funds has rendered massive losses for FTX users.
Polkadot Synthetic Asset Protocol Tapio Acquires $4m in Funding
Tapio protocol, on Monday, announced it had raised a total of $4 million in funding from Polychain, Hypersphere, and Arrington to usher a unified liquidity standard to Polkadot.