SEC Push to Delist Cryptocurrencies Except Bitcoin Could End Crypto: Coinbase CEO
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Crypto Briefing
SEC Push to Delist Cryptocurrencies Except Bitcoin Could End Crypto: Coinbase CEO
Brian Armstrong discloses that the SEC asked the exchange to delist nearly 250 tokens except for Bitcoin before suing the company.
DeFi Protocols Rocked by Latest Hacks Exploiting Vyper Language Vulnerabilities
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Crypto Briefing
DeFi Protocols Rocked by Latest Hacks Exploiting Vyper Language Vulnerabilities
DeFi platforms BNB Smart Chain and Curve Finance have faced significant losses due to a vulnerability in the Vyper programming language.
Illegal Cryptocurrency Mining Operation Shut Down in Malaysia
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Crypto Briefing
Illegal Cryptocurrency Mining Operation Shut Down in Malaysia
An illegal cryptocurrency mining operation using stolen power was shut down in Borneo, with 34 servers seized.
CEXs Saving DeFI? Chainlink Rescues Curve Finance Amid $100 Million Vyper Vulnerability
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Crypto Briefing
CEXs Saving DeFI? Chainlink Rescues Curve Finance Amid $100 Million Vyper Vulnerability
A major vulnerability led to the collapse of Curve's liquidity pools, but intervention from Chainlink price feeds mitigated the losses.
ENS-Auctioned Ether Moved by Whale; Worth $74M
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Crypto Briefing
ENS-Auctioned Ether Moved by Whale; Worth $74M
The owner of "darkmarket.eth" claimed their 39,712 Ether, worth $119 million, locked in the Ethereum Name Service auction.
SEC Continues its Fight, Accuses HEX Founder of $1 Billion Unregistered Securities Violation
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Crypto Briefing
SEC Continues its Fight, Accuses HEX Founder of $1B Unregistered Securities Violation
The SEC has filed a lawsuit against Richard Schueler, accusing him of violating federal securities laws with three tokens.
Wombat Exchange’s Ethereum Expansion: A New Burrow Begins August 4
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Crypto Briefing
Wombat Exchange’s Ethereum Expansion: A New Burrow Begins August 4
Wombat Exchange, a multichain stableswap platform, is set to launch on Ethereum after a successful launch on BNB Smart Chain.
Curve Finance and Owner’s $100M Debt: Catastrophe or Slight Inconvenience?
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Crypto Briefing
Curve Finance and Owner's $100M Debt: Catastrophe or Slight Inconvenience?
A recent report by Delphi Digital reveals a complex web of loans taken by Curve's founder Egorov, backed by a significant portion of CRV.
Tether Swiftly Blacklists Phishing Address After $20M Theft
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Crypto Briefing
Tether Swiftly Blacklists Phishing Address After $20M Theft
In a rare case of rapid response, Tether blacklisted a phishing address that swiped $20 million USDT from a zero transfer phishing attack.
PancakeSwap Launches on Polygon zkEVM for DEX Functionality
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Crypto Briefing
PancakeSwap Launches on Polygon zkEVM for DEX Functionality
PancakeSwap has expanded to Polygon zkEVM, offering improved trading and liquidity provision functionalities and lower fees.
Risk of Black Swan Event Could End DeFi? A Look into CRV Liquidity Crisis
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Crypto Briefing
Risk of Black Swan Event Could End DeFi? A Look into CRV Liquidity Crisis
The threat of a potential black swan event in the DeFi ecosystem has emerged due to the lack of liquidity to sell a large CRV amount.
Binance Japan Launches, Offering 34 Tokens for Spot Trading
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Crypto Briefing
Binance Japan Launches, Offering 34 Tokens for Spot Trading
Binance Japan now offers services exclusive to Japanese residents, marking a significant expansion in the Japanese digital currency market.
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Kenya Halts Worldcoin Cryptocurrency Project Amid Security Concerns
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Crypto Briefing
Kenya Halts Worldcoin Cryptocurrency Project Amid Security Concerns
Kenya halts the newly launched Worldcoin cryptocurrency initiative, citing inquiries into legality and potential risks to its citizens.
How to Mitigate CRV Risk? Abracadabra Proposes 200% Interest Rate Hike
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Crypto Briefing
How to Mitigate CRV Risk? Abracadabra Proposes 200% Interest Rate Hike
Cross-chain lending platform Abracadabra Money proposes an unprecedented 200% rise in interest rates for managing Curve DAO risk.
Worldcoin’s Iris-Scanning ID System Opens Doors for Government and Corporate Use
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Crypto Briefing
Worldcoin's Iris-Scanning ID System Opens Doors for Government and Corporate Use
Worldcoin plans to expand its iris-scanning ID system, allowing governments and companies to leverage the technology for various applications.
Polygon zkEVM’s Chain Could be Improving with Spark Protocol Deployment
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Crypto Briefing
Polygon zkEVM’s Chain Could be Improving with Spark Protocol Deployment
Spark Protocol aims to strengthen its position in the EVM ecosystem through a proposed deployment on the Polygon zkEVM chain.
Litecoin Successfully Halves: New Reward Set at 6.25 LTC
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Crypto Briefing
Litecoin Successfully Halves: New Reward Set at 6.25 LTC
Litecoin has successfully executed its programmed halving of block rewards, reducing the miners' reward from 12.5 LTC to 6.25 LTC.
10M CRV Bought by Huobi Co-Founder Lends Hand to Michael Egorov
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Crypto Briefing
10M CRV Bought by Huobi Co-Founder Lends Hand to Michael Egorov
In a transaction totalling $4 million, Jun Du, co-founder of Huobi, has acquired 10 million CRV tokens from Michael Egorov.
Binance Introduces Zero-Fee Trading for BTC/FDUSD and ETH/FDUSD Pairs
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Crypto Briefing
Binance Introduces Zero-Fee Trading for BTC/FDUSD and ETH/FDUSD Pairs
Binance's new zero-fee trading pairs with BTC/FDUSD and ETH/FDUSD are set to begin on Aug. 4, 2023.
DeFi Liquid Staking Derivatives Dominance Predicted by HashKey Report
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Crypto Briefing
DeFi Liquid Staking Derivatives Dominance Predicted by HashKey Report
The annual report by HashKey Capital outlines the growth of LSDs in the DeFi sector, including an analysis of Ethereum staking.
Cross-Chain Bridges to BNB Chain, Ethereum Easier for World Mobile Token
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Crypto Briefing
Cross-Chain Bridges to BNB Chain, Ethereum Easier for World Mobile Token
World Mobile has unveiled plans to create cross-chain bridges with BNB Chain and Ethereum, extending the reach of its World Mobile Token.