Attacker drains $1.4 million from CUT token pools via mysterious unverified contract
An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.
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UK’s FinProm a welcome change, but challenge persists: Transak compliance head
On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote their products and services clearly, fairly and transparently. From banning referral bonuses to crypto firms implementing a 24-hour cooling-off period for first-time crypto investors, the stricter Financial Promotions (FinProm) regime aims to help protect consumers from high
Pantera Capital Founder on What He Learned From Missing Out on Ethereum
Pantera Capital Founder explains how a Bitcoin maximalist bias led to the biggest mistake of his investor career. 2074 Total views 48 Total shares Dr. Steven Waterhouse, a founding partner of Pantera Capital, says that his biggest regret as a VC is not investing in the Ethereum (ETH) Initial Coin Offering (ICO), but he learned…
COIN price fails to impress as more crypto firms are eager to go public
2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However, a moment that is widely considered by many to be a tipping point for the industry…
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity.The first beneficiariesForbes reported the news on Aug. 27. The sources named are Paul Schulte, who previously worked as head of the…
Wheaton Precious Metals to Deploy Blockchain in Metal Accounting Processes
Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12.WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to streamline metal accounting processes. Specifically, the platform purportedly enables its users to track and source certification into mining…
Killing more worthless projects would be a win for crypto
When blockchain projects show their technology has something to offer that traditional internet doesn’t, big investors will get on board. 48 Total views 7 Total shares
SEC leader touts record on digital assets on his way out the door
The outgoing SEC director first joined the agency in 2017. 2664 Total views 5 Total shares Bill Hinman, outgoing director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission chose to focus one of his last speeches on the commission’s achievements in regulating crypto during his tenure.In remarks published on the…
How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine
Some pointed out the regulator's supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star. 520 Total views 6 Total shares The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States…