Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036.
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Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework.
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time.
Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack.
The hacker drained a number of pools on Curve Finance, stealing roughly $70 million, but has gradually started returning funds to various projects.
Twitter users noticed thousands of Safe deployments to Optimism, leading to speculation that it may be an attack, but the developer of Worldcoin confirmed that this activity was merely an app migration.
Bitcoin is attempting to cement an inverse head and shoulders pattern, success in which could spark a "sprint" to $40,000.
An attacker manipulated a “claim multiple” bug in a Level Finance smart contract to steal more than 214,000 LVL tokens from the exchange.
A community member identified a wallet address that allegedly launched several meme coin rug pulls every day for almost two years.
The Fed Now service aims to reduce the gap in payment time between US financial institutions.