Low Bitcoin and Ethereum fees may not necessarily be good news
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?
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dYdX founder claims targeted attack led to $9M insurance claim
dYdX founder Antonio Juliano said that the decentralized exchange as well as the Yearn.Finance token (YFI) are victims of a targeted attack. 318 Total views 2 Total shares Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov. 17. According to dYdX founder Antonio Juliano

Convicted FTX executive Ryan Salame is officially in prison custody
During a recent appearance on Tucker Carlson's podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons.

Zcash Community Approves New Mining Reward Distribution Scheme
A recent poll revealed community support for Zcash mining reward changes, which will take effect in November 2020. With the Zcash Founder’s Reward terminating in November, the privacy asset’s mining situation has come into question, a blog post from one of the project's supporters, Electric Coin Company, or ECC, said on Jan. 28. Community votes in new…

Crypto Exchange YoBit Starts Pump Scheme on Random Coins
Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through misleading or false recommendations.YoBit Pump in 22 hrs: https://t.co/RIbW7OhKzMWe will buy one random coin for…

Phoenix Global token soars by 5,600% in just four minutes — But there’s a catch
Phoenix Global quickly became the 52nd largest cryptocurrency by market cap. 3100 Total views 27 Total shares It took just four minutes for a relatively unknown cryptocurrency to rise by over 5,600% as of Nov. 5, according to data from CoinMarketCap.Dubbed Phoenix Global (PHB), the token soared from $0.02057 to as high as $1.1413 on…

FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance and personnel. 657 Total views 37 Total shares Own this piece of history Collect this article as an NFTJohn Ray, who took over as CEO of crypto exchange FTX, has…

Immutable raises $60M for its carbon-conscious NFT platform
The NFT protocol has now raised a total of $77.5 million across two funding rounds. 479 Total views 5 Total shares Immutable, a layer-two nonfungible token (NFT) protocol built on the Ethereum blockchain, has announced a $60 million Series B funding raise from a multitude of corporate venture firms, including Sam Bankman-Fried’s Alameda Research and…

Consensys urges clear crypto rules in letter to future US president
The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity.