How a new SEC chair can boost Ether price and ETF inflows
With Donald Trump’s election, a crypto-friendly regulator may replace SEC Chair Gensler, opening the door for staking rewards on spot ETH ETFs.
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Research Reveals $1.7 Billion Obtained via Crypto Thefts and Scams in 2018
About $1.7 billion in cryptocurrency had been obtained via illicit means in 2018, according to research published by crypto analytics company CipherTrace on Jan. 29.Of that $1.7 billion, over $950 million was stolen from crypto exchanges, representing a 3.6 times increase over 2017. On the other hand, at least $725 million was lost in 2018…
IPFS lead explains how malicious files are eliminated from its network
The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process:"Let's say there's a URL, or an IPFS content ID as we call them…
Crypto markets mixed as traders digest DOJ action against Binance, CZ
Cryptocurrencies flash mixed signals as market participants digest the details of CZ’s guilty plea and the DOJ’s $4.3 billion settlement with Binance. 246 Total views 1 Total shares Crypto markets were subjected to a heavy dose of volatility on Nov. 21 as the United States Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC) and
Lifinity USDC pool drained by arbitrage bot
A bug on an Immediate-or-Cancel order led to the drainage of nearly $700,000 from Lifnity's LFNTY-USDC pool. 143 Total views 1 Total shares Decentralized exchange (DEX) Lifinity had its LFNTY-USDC pool drained by an arbitrage bot on Dec. 8. According to Lifinity’s Discord channel, an unexpected response to a failed trade caused the $699,090 loss.A
Optimism-based projects spike on rumors of token airdrop
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 572 Total views 34 Total shares The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon…
Risk it for the Bitcoin: Has BTC matured to be a safe investment play?
Bitcoin has often been described as the “digital gold” of the 21st century, but is the cryptocurrency truly reliable as a new safe haven against financial uncertainty and inflation? The question is a difficult one to answer, but the actions of a number of major institutions and the sentiments of some well-renowned investment managers suggest…
Meta faces legal scrutiny as AI advancements raise concerns over child safety
Concerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI. 311 Total views 4 Total shares A group of 34 United States states are filing a lawsuit against Facebook and Instagram owner Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes