‘Raider’ investors are looting DAOs — Nouns and Aragon share lessons learned
DAO governance is still a pain and two recent projects have struggled with “raiders” overtaking their organizations.
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What is Gresham’s law, and how does it relate to cryptocurrencies?
Gresham’s law, explained Gresham’s law has historically influenced the circulation of currency and continues to impact economic behavior by addressing how individuals prioritize different forms of money.Gresham’s law is a principle in economics that states that when two different forms of money are in circulation, individuals typically spend or trade the money they believe to
China: Trader Sues Exchange OKCoin for Failing to Release Bitcoin Cash
A Chinese Bitcoin (BTC) investor has sued local crypto exchange OKCoin for allegedly preventing him from getting Bitcoin Cash (BCH) after the BTC fork, local news agency Legal Weekly reports July 31. The case is reportedly the first legal action in China that involved last year’s fork of Bitcoin. The investor, known under the pseudonym…
BTC Trades Sideways, Other Top 20 Coins See More Notable Losses
Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday's levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579 at press time after testing a slight rebound…
Telegram Lawyers Say Proving Data-Privacy Compliance May Take Months
Lawyers representing the messenger giant Telegram have stated that a review of financial records requested by the United States Securities and Exchange Commission (SEC) will take five to seven weeks to prepare. In a Jan. 9 court filing, the lawyers explained that they must analyze data protection laws in a number of foreign jurisdictions, greatly lengthening…
Palau to freeze USD-backed stablecoin after pilot launch in July
Palau’s USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead. 308 Total views 4 Total shares Palau, a country in the western Pacific Ocean, is wrapping up its United States dollar stablecoin project after launching the pilot in
Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined
Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions between April 20 and 24; however, by May 2, this figure had dropped to 11.1%.
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments
The world faces "strong inflationary pressure" in the short term and it may persist, warns the world's richest man.In a debate about inflation, some of the best-known names in Bitcoin voiced unanimous doubts about the state of global monetary policy.Future of inflation great unknown, says MuskAs even the United States Federal Reserve admits that inflation…
Ransomware Gang Failed to Deploy an Attack Against 30 US Firms
Symantec revealed that a WastedLocker ransomware attack was blocked on time after an early alert by the cybersecurity firm. 1446 Total views 33 Total shares Cybersecurity firm Symantec blocked a ransomware attack by a group known for demanding payment in Bitcoin (BTC) directed at 30 U.S.-based firms and Fortune 500 companies.The announcement published by the…