Liquidity’s new stablecoin Curve is inspired by Tokenomics. Users who own the protocol’s governance token can direct its revenue to liquidity providers. This is another attempt to balance immutability and flexibility in a new stablecoin called BOLD. Once a top 10 stablecoin, Liquidity’s LUSD has won fans among “decentralization maximalists” and deep-pocketed borrowers for its … Read more
The co-founder of Ethereum spoke to News as Polkadot, his answer to Ethereum falling 50%, Polkadot is taking a hit from users after spending big on marketing. Wood talks about the emergence of his DJ alter ego. When Polkadot’s Blockchain Academy students wrapped up their five-week developer boot camp in Hong Kong earlier this year, … Read more
Hacked accounts for Tiffany and Laura Trump promoted what appeared to be fake tokens. The development comes as questions swirl around Donald Trump’s crypto venture. Polls show crypto users overwhelmingly favor Trump in 2024 election. The ongoing Trump crypto saga has taken another twist – a social media hack. On Wednesday, the X accounts of … Read more
DeFi traders are making millions on VISTA. It is a token for the newly launched Ethereum decentralized exchange. This activity has increased Ethereum transaction fees. As the crypto market plummets, savvy DeFi traders are busy making millions on a buzzy new Ethereum exchange called Ethervista. In just five days, the top 10 traders of the … Read more
Crypto will be the real winner on November 5, Coinbase’s top lawyer says. However, few doubt that crypto is an election issue. Coinbase Chief Legal Officer Paul Grewal is betting that the next set of elected lawmakers will be crypto-friendly, regardless of who wins the US election. “We’re going to see a pro-crypto Congress emerge … Read more
Bitcoin’s price followed global assets in a fall similar to the market’s crash on August 5. More market detours are on the horizon as the Fed anticipates a rate cut this month, analysts say. Over the past 24 hours, bitcoin has been weighed down by a broad swath of technology stocks and other assets, briefly … Read more
The former president’s new crypto project is a lending and lending platform, according to CoinDesk. A VC collective asked how to “stop the launch of World Liberty Coin.” For weeks, crypto has been in the dark about the details of former President Donald Trump’s upcoming DeFi project. On Tuesday, a CoinDesk Report The World has … Read more
Spot Ethereum ETFs have seen $476 million in outflows since launch.Bloomberg Intelligence ETF analyst Eric Balchunas said he could see “light at the end of the tunnel,” meaning the outflows will soon taper off. Spot Ethereum exchange-traded funds had a brutal first month. Unlike the kick-start crypto rally pundits expected, spot Ethereum ETFs lost $476 … Read more
North Korean hackers are targeting crypto ETF issuers, according to the FBI. The FBI has “identified a long list of potential targets,” a security researcher told News. North Korean hackers have long targeted crypto companies due to the irreversibility of blockchain-based transactions. Because once the crypto is in the hacker’s wallet, no bank or government … Read more
The SEC has filed a lawsuit against crypto hedge fund Galois Capital, alleging that Galois did not use qualified custodians to protect its investors’ assets. The Securities and Exchange Commission has settled a lawsuit with defunct crypto hedge fund Galois Capital. agency Said Today Galois failed to comply with regulatory requirements by placing some of … Read more
TON Ventures has announced a new accelerator program. The scheme will invest $2.5 million in five startups building on the TON blockchain. The launch comes after the arrest of Telegram’s CEO sent Tokencoin down 22%. TON Ventures has chosen an unusual time to launch its newest $2.5 million accelerator program. Designed to attract developers on … Read more
said Binance CEO Richard Teng, an executive serving a prison sentence in Nigeria. Teng called for the release of Tigran Gambarian. Gambarian has been detained in Nigeria since February 26. Binance CEO Richard Teng on Monday condemned Nigerian authorities in a courthouse after a video surfaced online showing him refusing to help Tigran Gambarian. “This … Read more