ETHTrustFund DAO transfers $2M treasury in apparent rug pull
According to a report from PeckShield, ETHTrustFund transferred its entire treasury funds to a new account and then attempted to launder the funds through mixer apps.
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A flaw in the bridge could have allowed an attacker to produce fake token transfers, but it was discovered and patched before anyone could take advantage of it.
High volume surge propels Bitcoin price to a new all-time high at $29,000
Bitcoin bulls obliterated the $28,500 resistance with a high volume surge but the $30,000 level could still pose a challenge. 2190 Total views 14 Total shares Within the last hour, Bitcoin (BTC) price rallied to set a new all-time high at $29,000. On Dec. 29 Bitcoin price attempted to push through a stiff resistance cluster at…
3 takeaways from the European Union’s MiCA regulations
The European Union has become the first major jurisdiction to pass a comprehensive crypto law, the Markets in Crypto-Assets (MiCA) regulation, which aims to provide legal certainty for the crypto industry and investors by establishing standard regulations and harmonized rules at the EU level. MiCA may ultimately stifle innovation, impose a one-size-fits-all approach to regulation for…
Price analysis 9/27: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
Bitcoin (BTC) and Ether (ETH) recovered a large part of the losses that happened due to the knee-jerk reaction to China's regulatory crackdown on Sept. 24. This suggests that crypto markets have absorbed the news-based selling, with long-term investors likely using the dip to accumulate.However, a rally may have to wait as market participants watch…
CBDCs will not impact private stablecoin market, says Tether CTO
Tether CTO Paolo Ardoino claimed CBDCs would primarily replace the old-age payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure. 131 Total views 3 Total shares Paolo Ardoino, the chief technology officer at Tether, believes that the growing developments around central bank digital currencies (CBDCs) globally wouldn’t really impact the role…
ICP-based blockchain chat app launches ‘Communities’ to compete with Discord
Blockchain chat app OpenChat has enabled users to create Discord-like servers called “Communities,” according to an Aug. 2 announcement.Early UX prototype for OpenChat Communities. Source: OpenChatOpenChat is a blockchain-based chat app running on the Internet Computer (ICP) network. It facilitates mostly crypto-oriented chat groups, including some with a few thousand members. LootMoneyArmy (3,201 members), Magnetic…
The Cat in the Hat Is Coming to the Blockchain
Leading NFT collectibles issuer Dapper Labs has announced a deal with Dr. Seuss Enterprises to launch tokenized collectibles depicting the firm’s iconic characters. Dapper Labs, the team behind the pioneering non-fungible token (NFT) game CryptoKitties, has partnered with Dr. Seuss Enterprises to launch tokenized digital collectibles depicting the company’s most iconic characters.Announced on July 21,…
AI and pension funds: Is AI a safe bet for retirement investment?
Pension funds are in a perpetual crisis worldwide, with low demographic rates in many countries foreshadowing a dim future for such investments, combined with young people’s lack of faith in the continued existence of social security models.In order to stay afloat, many pension funds have strived to remain apprised of new investment opportunities, including cryptocurrencies.