AI financial tools: A smart way to manage money or a risky experiment?
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Revoke adds new feature after users complain of fake approvals scam
Scammers have found a new way to make crypto by luring users into revoking fake approval transactions. Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees. On July 9, Revoke.cash stated that…

Paraspace NFT protocol co-founder resigns after failing to overthrow CEO
The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically. 202 Total views 2 Total shares The Paraspace NFT protocol saga over the whereabouts of the protocol’s fund took another turn on May 19 as co-founder Jay Yao resigned from his position in…

Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out
LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support. 1281 Total views 5 Total shares Terra (LUNA) may fall to nearly $25 per token in the coming weeks as a head-and-shoulders (H&S) setup develops, indicating a 50% price…

MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings
The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term. 48 Total views 1 Total shares The third quarter earnings for business intelligence firm MicroStrategy revealed a narrowed net loss of $27.1 million for the quarter,…

DeFi projects without decentralized governance? What’s the point?
The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future.Sam Bankman-Fried of FTX recently shared that his firm’s involvement in DeFi will be “motivated by short-term profits and…

Plus Token Money Launderers Stopped Short by Congestion
One of the largest ponzi schemes in crypto history is still trying to launder its proceeds, but Ethereum congestion is making that difficult. 2080 Total views 20 Total shares Funds from the infamous Chinese-based PlusToken ponzi scheme are moving once again, but they’re being blocked by Ethereum’s block congestion.According to Whale Alert, funds from a…

Curve emergency DAO terminates rewards for hack-related pools
The Curve emergency DAO removed CRV rewards for alETH, msETH, pETH, crvCRVETH, Arbitrum Tricrypto and multiBTC pools. 132 Total views 2 Total shares The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social…

Binance NFT adds Polygon network support to its marketplace
Only selected ERC-721 collections in the Polygon network are currently available on the Binance NFT marketplace. 258 Total views 3 Total shares Own this piece of history Collect this article as an NFTBinance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported…