Investor loses $71 million in WBTC, tricked by poisoned address
https://cryptobriefing.com/wbtc-address-scam-loss/
https://cryptobriefing.com/wbtc-address-scam-loss/
Crypto Briefing
Investor loses $71 million in WBTC, tricked by poisoned address
An investor lost over $71 million in WBTC to a poisoned address scam, as reported by blockchain security experts CertiK and Cyvers.
Solana to join Bitcoin and Ethereum as top crypto assets, $1.6 trillion asset manager predicts
https://cryptobriefing.com/solana-crypto-growth-predicted/
https://cryptobriefing.com/solana-crypto-growth-predicted/
Crypto Briefing
Solana to join Bitcoin and Ethereum as top crypto assets, $1.6 trillion asset manager predicts
Investment firm Franklin Templeton predicts Solana's rise as a top crypto asset, citing its strong ecosystem and recent growth in activity.
LayerZero demands sybil airdrop farmers to self-report
https://cryptobriefing.com/layerzero-sybil-airdrop-crackdown/
https://cryptobriefing.com/layerzero-sybil-airdrop-crackdown/
Crypto Briefing
LayerZero demands sybil airdrop farmers to self-report
LayerZero has told sybil airdrop farmers to come forward or "receive nothing" by May 17.
Crypto startups received $935 million from VC funds in April
https://cryptobriefing.com/vc-crypto-funding-april/
https://cryptobriefing.com/vc-crypto-funding-april/
Crypto Briefing
Crypto startups received $935 million from VC funds in April
April's VC investments in crypto startups totaled $935 million, with a focus on blockchain infrastructure and DeFi sectors.
“US government can’t go bankrupt because we can print our own money,” says Biden Administration
https://cryptobriefing.com/us-money-printing-debate/
https://cryptobriefing.com/us-money-printing-debate/
Crypto Briefing
“US government can't go bankrupt because we can print our own money,” says Biden Administration
Jared Bernstein's remarks on US money printing spark controversy and bring Bitcoin into the spotlight as a potential inflation hedge.
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Web3 gaming reception shifts from skepticism to enthusiasm: Shrapnel’s Head of Studio
https://cryptobriefing.com/web3-gaming-enthusiasm-survey/
https://cryptobriefing.com/web3-gaming-enthusiasm-survey/
Crypto Briefing
Web3 gaming reception shifts from skepticism to enthusiasm: Shrapnel’s Head of Studio
Excitement among PC gamers for Web3 gaming is growing, as revealed by Ultra's survey and insights from Shrapnel's Don Norbury.
Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust
https://cryptobriefing.com/bitcoin-grayscale-gbtc-inflow-boost/
https://cryptobriefing.com/bitcoin-grayscale-gbtc-inflow-boost/
Crypto Briefing
Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust
Bitcoin surged to $63,000 after Grayscale's GBTC ETF recorded a turnaround with $63 million in new inflows.
DOJ charges former Cred execs over $783M fraud and money laundering scheme
https://cryptobriefing.com/doj-charges-former-cred-execs-fraud/
https://cryptobriefing.com/doj-charges-former-cred-execs-fraud/
Crypto Briefing
DOJ charges former Cred execs over $783M fraud and money laundering scheme
The DOJ has charged three former Cred executives, including its ex-CEO, over an alleged scheme that led to $783 million in customer crypto losses.
Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month
https://cryptobriefing.com/token-unlock-may-2024/
https://cryptobriefing.com/token-unlock-may-2024/
Crypto Briefing
Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month
May sees major token unlock event for crypto projects like Aavo, Pyth Network, Starknet with over $2 billion in tokens set to release.
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Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg
https://cryptobriefing.com/crypto-startup-valuations-fundraising/
https://cryptobriefing.com/crypto-startup-valuations-fundraising/
Crypto Briefing
Crypto startups see rapid growth through 'fluid valuations' and decentralized cap tables — Bloomberg
Crypto startups are turbocharging valuations through aggressive fundraising methods that reflect renewed crypto industry investor appetite despite looming economic uncertainty.
Bitfinex CTO denies new allegations of user data hack, assures funds are secure
https://cryptobriefing.com/bitfinex-cto-denies-new-allegations-user-data-hack/
https://cryptobriefing.com/bitfinex-cto-denies-new-allegations-user-data-hack/
Crypto Briefing
Bitfinex CTO denies new allegations of user data hack, assures funds are secure
Bitfinex CTO debunks rumors of a major data breach, suggesting that the alleged hackers used high-profile claims to market their hacking tool.
Token distribution tactics should focus on real value, not hype, says Uniswap founder
https://cryptobriefing.com/hayden-adams-uniswap-good-token-distribution/
https://cryptobriefing.com/hayden-adams-uniswap-good-token-distribution/
Crypto Briefing
Token distribution tactics should focus on real value, not hype, says Uniswap founder
Uniswap's Hayden Adams critiques token distribution tactics, urging a focus on value and ethical practices in the crypto industry.
Bitcoin shakes off bears with weekend’s recovery
https://cryptobriefing.com/bitcoin-weekend-recovery-surge/
https://cryptobriefing.com/bitcoin-weekend-recovery-surge/
Crypto Briefing
Bitcoin shakes off bears with weekend's recovery
Bitcoin's weekend recovery sees over 10% surge, crossing $64,000 with whale accumulation and ETF inflows signaling market confidence.
Bitcoin’s blockchain has processed 1 billion transactions, 15 years after its creation
https://cryptobriefing.com/bitcoin-one-billion-transactions-milestone/
https://cryptobriefing.com/bitcoin-one-billion-transactions-milestone/
Crypto Briefing
Bitcoin's blockchain has processed 1 billion transactions, 15 years after its creation
Bitcoin has surpassed 1 billion total transactions processed over its 15-year lifetime, marking a major milestone for the alpha crypto.
Visa study reveals 90% of stablecoin transactions are done by bots and large-scale traders
https://cryptobriefing.com/stablecoin-transactions-bots-not-users/
https://cryptobriefing.com/stablecoin-transactions-bots-not-users/
Crypto Briefing
Visa reveals 90% of stablecoin transactions come from bots and big traders
A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption.
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SEC targets Robinhood for alleged securities law breaches
https://cryptobriefing.com/robinhood-sec-notice-action/
https://cryptobriefing.com/robinhood-sec-notice-action/
Crypto Briefing
SEC targets Robinhood for alleged securities law breaches
Robinhood Crypto received a Wells Notice from the SEC, indicating a potential lawsuit over alleged violations of securities laws.
Hermetica Labs launches USDh, the first Bitcoin-native synthetic USD
https://cryptobriefing.com/bitcoin-synthetic-dollar-25-percent-yield/
https://cryptobriefing.com/bitcoin-synthetic-dollar-25-percent-yield/
Crypto Briefing
Hermetica Labs launches USDh, the first Bitcoin-native synthetic USD
Hermetica has launched USDh, the first Bitcoin-backed synthetic US dollar with a 25% APY for holders.
MetaMask introduces Smart Transactions to address MEV front-running
https://cryptobriefing.com/metamask-smart-transactions-ethereum/
https://cryptobriefing.com/metamask-smart-transactions-ethereum/
Crypto Briefing
MetaMask introduces Smart Transactions to address MEV front-running
MetaMask has introduced Smart Transactions, using a virtual mempool to protect users against Ethereum front-running and other predatory MEV techniques.
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Bitcoin price shows stabilizing signs as volatility drops: Bitfinex
https://cryptobriefing.com/bitcoin-price-stability-analysis/
https://cryptobriefing.com/bitcoin-price-stability-analysis/
Crypto Briefing
Bitcoin price shows stabilizing signs as volatility drops: Bitfinex
Bitcoin's volatility has decreased post-halving, indicating a trend towards price stability, as reported by Bitfinex
Jack Dorsey parts ways with Bluesky, leaves board of directors
https://cryptobriefing.com/jack-dorsey-parts-ways-bluesky-leaves-board-directors/
https://cryptobriefing.com/jack-dorsey-parts-ways-bluesky-leaves-board-directors/
Crypto Briefing
Jack Dorsey parts ways with Bluesky, leaves board of directors
As Jack Dorsey bids farewell to Bluesky’s board, the social network seeks new leadership aligned with its vision of user-driven experience.