Memecoins are back? Dogwifhat price rallies 46% in September
Dogwifhat is currently up 30% in the week, but the number of holders has increased by only 1.29% in the same period.
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FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan. 117 Total views 2 Total shares FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body…
Prosecutors seek harsh sentence for fraudster behind celeb-spruiked ICO
The U.S. government is seeking harsh sentencing for the founder of the company behind a fraudulent, celebrity-promoted initial coin offering from 2017. 2545 Total views 21 Total shares U.S. federal prosecutors are pushing for a heavy prison sentence to be levied against one of the founders of Centra Tech — the company behind a notorious…
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular DeFi lending protocol Yield announced
India Back in the Race: Landmark Judgment to Fuel Crypto Adoption
In what is widely being considered a historic day for the crypto industry as a whole, the Supreme Court of India has passed a judgment nullifying the controversial banking ban imposed by the Reserve Bank of India on the country’s local digital currency market. The three-judge bench presiding over the matter — justices Rohinton Nariman, S.…
Crypto gaming sucks — but devs can fix it
What we have today in terms of Web3 gaming is not working. Play-to-earn has not worked and neither will play-to-earn or any X-to/and-earn. On top of that, traditional gamers view nonfungible tokens (NFTs) with suspicion. They dunk on expensive apes and are skeptical of large game publishers applying the lipstick of NFTs for further monetization.Nobody…
Commissioner Allison Lee announces her departure from the SEC
The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. 296 Total views 15 Total shares Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in…
Ziglu Insures Cryptocurrency Holdings up to £50,000 Against Cybercrime
The multi-currency banking platform has announced that each customer will now be insured against cybercrime up to £50,000. 446 Total views 7 Total shares United Kingdom cryptocurrency banking platform Ziglu launched an insurance program on July 15 for digital assets held with the service. Under the new program, each customer’s cryptocurrency holdings are insured against…
New Report Warns 87 Percent of Cryptocurrency Exchange Volume Is Potentially Suspicious
Almost 90 percent of cryptocurrency exchanges’ reported trade volumes may be incorrect, new research from trading analytics platform The Tie warned in a digest released on March 18.Reporting on figures gathered from 97 exchanges, researchers found that the vast majority of the volume claimed to come from users may not in fact exist.The revelations came…