McDonald’s Instagram hackers make $700K shilling Grimace memecoin

August 22, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.

Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities. This is because a trade that follows the major trend carries a greater possibility of earning profits than one in a volatile market. As several cryptocurrencies started a trending move in July, web traffic to…

Coinbase urges court to reconsider appeal, cites SEC vs Ripple

The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.

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CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24

Binance and former CEO CZ face lawsuit by investors over unrecoverable assets; RFK Jr. suspends, but doesn’t end, campaign: Hodler’s Digest.

Bakkt Rolls Out ‘Critical’ Bitcoin Custody After NY Gives Green Light

Institutional Bitcoin (BTC) trading platform Bakkt has announced it has launched its custody feature for its entire client base following regulatory approval.Bakkt: custody is “critical link” in BTC adoptionIn a blog post on Nov. 11, Bakkt said it had received the go-ahead from the New York Department of Financial Services (NYDFS) to offer custody services…

Liquid restaking protocol Bedrock suffers $2M exploit

Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.

South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs

A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2.According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of…

Major Austrian Bank Raiffeisen Joins R3 Corda-Powered Global Trade Finance Network

Austria’s Raiffeisen Bank International (RBI) has announced it will pilot R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 8.As previously reported, Marco Polo — which is powered by R3’s Corda enterprise blockchain platform — counts major international banks such as BNP Paribas, ING and Sumitomo…

Poloniex Spins Out From Circle to Form New Exchange Not Available in US

United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S.New firm receives backing from Asian investment groupThe new independent firm, called Polo Digital Assets, will free Poloniex from its parent company Circle, the firm said in an official announcement…

Block job postings reveal Jack Dorsey’s Bitcoin plans

Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. 686 Total views 21 Total shares In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC,” and make…

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