Pump.fun flips Ethereum in 24-hour revenue generation — DefiLlama
The Solana memecoin creation tool’s cumulative fee revenues are approaching $75 million, according to DefiLlama.
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US charges 5 crypto hackers in $11M scheme linked to ‘Scattered Spider’
The US has laid charges against a group accused of a hacking spree, with one alleged victim being robbed of over $6.3 million worth of crypto.
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Sandbox Metaverse Alpha launches Nov. 29 after four years in development
SAND prices have surged to a new all-time high as The Sandbox announces its highly anticipated play-to-earn metaverse event. 106 Total views 3 Total shares Animoca Brands' virtual property and gaming firm The Sandbox is opening up part of its Metaverse to players for the first time via a multi-week play-to-earn (P2E) Alpha event.But only…
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Coinbase Faces Fresh Bitcoin Cash Insider Trading Lawsuit Following Initial Rejection
Users who filed a class action lawsuit against U.S. cryptocurrency exchange and wallet provider Coinbase will now go to court Jan. 31, 2019, new court documents filed Nov. 20 confirm.The lawsuit, which Jeffery Berk filed earlier this year to address alleged insider trading of Bitcoin Cash (BCH) among Coinbase officials in 2017, failed to make…
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Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT
Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries.The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia reports Jan. 10.Stellar blockchain is used…
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Binance Opens Up ‘Full Fiat’ Australian Exchange
The most recent spin-off from the mothership, Binance Australia, claims to provide local traders with the speed, deep liquidity and security of the flagship platform. Major cryptocurrency exchange Binance is launching a fiat-to-crypto trading platform in Australia, offering support for direct purchases of crypto using the Australian dollar (AUD).Binance already operates Binance Lite Australia which…
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KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’
The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was insolvent. 139 Total views 18 Total shares The CEO of crypto exchange KuCoin says it is launching an "Anti-FUD Fund" to track down and potentially take legal action against "FUDers" and educate crypto users on…
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DAO regulation in Australia: Issues and solutions, Part 2
Lawmakers in Australia want to regulate decentralized autonomous organizations (DAO). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions.Regulating a decentralized autonomous organization (DAO) as a company, first of all, means registration as a company. But who remembers why we need that registry in the…
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Exchange CEO Explains Bitcoin Exploring Uncorrelated Price Action
Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he posited, adding:“However, the previous plunge of Bitcoin together with traditional financial markets is due to a liquidity…