Different this time: 'Altcoin season' no longer driven by Bitcoin rotation — Analyst
CryptoQuant CEO Ki Young Ju says altseason is no longer determined by a capital rotation from Bitcoin but by a surge in altcoin trading volume for stablecoin pairs.
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Alex Lab points to Lazarus Group after last month's $4M exploit
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group.
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Amanie Advisors Support Ether’s Compliance With Islamic Finance Law
Islamic finance and Sharia advisory firm Amanie Advisors have established Ether’s (ETH) compliance with Islamic religious law.Ether receives Sharia endorsementIn a blog post published on their website, Amanie Advisors announced that the firm has collaborated with the Ethereum Foundation to establish the platform’s compliance with Sharia religious law. As a result of the collaboration, the…
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Crypto developer commits $2M rug pull fraud to fuel gambling addiction
A Redditor described the developer’s gambling addiction excuse as a “weird way to rug,” as projects usually just run away and delete all the evidence. According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project in shambles, turning a $2 million…
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Coinbase amasses a $4B war chest so it can outlast ‘crypto winter’
Strong revenues over the past two quarters from a large user base helped the exchange amass the funds. 621 Total views 6 Total shares Coinbase, the largest American cryptocurrency exchange, has stockpiled a war chest worth about $4 billion in cash in preparation for decreased crypto retail trading volumes and higher operating costs brought on…
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Major scientific journal Nature features DeSci project ResearchHub
ResearhHub is backed by Coinbase CEO Brian Armstrong who has strongly advocated for science peer reviewers to get paid.
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NASA plans to prove its next Moon landing is real using blockchain
The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon. 289 Total views 12 Total shares The United States National Aeronautics and Space Administration (NASA) and its partners Lonestar, a computing startup based in Florida, and the Isle of Man will send
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yEarn Creator Says Recent Audits Don’t Necessarily Mean the Project is 100% Safe
Audited or not, DeFi DApps present risks Andre Cronje, the creator of Yearn.Finance, has recently made security audits of his project publicly available. He explained to Cointelegraph that he had been previously withholding these audits, which were completed months ago, so as to not give users a false sense of security:I always refused to publish the audits…
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Healthy competition welcome — Polygon zkEVM lead
Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem. 266 Total views 1 Total shares An environment of healthy competition is being fostered between the Ethereum ecosystem’s top development firms building zero-knowledge Ethereum Virtual Machines (zkEVMs) to scale the network, according to one of Polygon’s co-founders.Jordi…