Cash.Tech Newsletter #25: Terra unrelentingly stacks $1.7B in BTC for UST stablecoin Stablecoins are critical components of the crypto ecosystem providing fiat on-ramps and serving as a tool for investors to hedge exposure to volatile markets. There are currently over 75 stablecoins with a majority backed by different fiat currency reserves. …

Cash.Tech Newsletter #22: Security researchers uncover new crop of malicious crypto wallets. How to stay protected The sophisticated nature of cryptocurrencies and the industry’s nascent landscape makes it an attractive hunting ground for bad actors. In the past year alone, bad actors stole $14 billion by implementing various tactics that especially target new investors. The figure represented a significant 66% increase from the $7.6 …

Upcoming NFT shop for 2 million users acts as a possible catalyst for investors After a period of relative immunity to a broader crypto market decline, non-fungible tokens (NFTs) are seeing a significant drop. Most top collections have lost more than 40% of their value from all-time highs, while trading volumes are close to lows last seen since July 2021. Amid the decline, crypto…

Cash.Tech Newsletter #20: U.S. President Joe Biden signs executive order to support “development of digital assets” It took roughly 13 years for cryptocurrencies to go from being a tool for computer nerds to an institutional asset. Now, it has become a subject of national concern. This week, U.S. President Joe Biden signed an executive order on “ensuring responsible development of digital assets.” …

Cash.Tech Newsletter #18: Coinbase saved from critical vulnerability as investors embrace self-custodial options What would you do if you discovered a way to sell 50 SHIB (worth $0.002) and receive 50 BTC (worth $1,900,000)? A registered user found out exactly how to do so on the Coinbase exchange, but chose to responsibly disclose the vulnerability instead of exploiting it for personal gains. …

Cash.Tech Newsletter #17: Authorities invoke “Emergencies Act” to counter protests For the first time since 1988, authorities in Canada have evoked a regulation that grants the government access to seize corporate or personal bank accounts without a court order. The latest development comes as the country grapples with the growing use of cryptocurrencies to support anti-government trucker protests. …

Cash.Tech Newsletter #16: Big win for crypto space highlights need for self-custodial ownership More than five years after unknown hackers stole approximately 120,000 BTC from crypto exchange Bitfinex, U.S. authorities have recovered a majority of the stolen funds. The latest bust is a big win for the industry as it nullifies claims that cryptocurrencies are ideal for facilitating money laundering and nefarious activities.

Cash.Tech Newsletter #15: Powerfully upgraded malware targets 40+ crypto wallets but you can stay protected The widespread adoption of cryptocurrencies has attracted malicious actors. Since the first known Bitcoin malware emerged in 2011, hackers have continued to optimize their strategies and improve systems dedicated to stealing crypto from unsuspecting users. …

Cash.Tech Newsletter #14: Hacker recovers long-lost crypto wallet with $2M, OpenSea exposes NFT holders to front-end bug The last decade of crypto has been rife with stories of investors losing billions of dollars as a result of a forgotten passphrase or a security breach. …