SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
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CoinMetrics Finds the ‘Coinbase Effect’ is Actually Pretty Lame
CoinMetrics has found that the impact of Coinbase Pro listing announcements is overstated, producing price performances ranging from -1% to +14% over 20 days. 884 Total views 13 Total shares The fabled ‘Coinbase Effect’ has a much more limited impact on the price of newly listed coins than is popularly believed, according to CoinMetrics.The crypto…

Ethereum Merge testing on Kiln mostly successful, save for one minor bug
"Post-merge blocks are being produced by validators, and they contain transactions!" said Ethereum developer Tim Beiko. 123 Total views 4 Total shares On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before…

Major Web Browser Firefox by Mozilla Now Blocks Web-Based Cryptojacking
Major open-source browser Mozilla Firefox has launched new protections against crypto mining malware in its new browser versions, according to a blog post published on April 9.In its latest Firefox Nightly 68 and Beta 67 versions, Mozilla has enabled a new level of protection against crypto mining and fingerprinting hack attacks in a part of…

Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries. 136 Total views 16 Total shares Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all…

Bug in Aave V2 Polygon causes some assets to become stuck in contracts
The bug only affects the Polygon implementation, and V3 is unaffected A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a…

MetaMask Updates User License, Some Users Need to Pay Fee
Nothing in life is free. 1438 Total views 23 Total shares MetaMask announced it had made updates to its products' use license.The company stated in a press release published on its blog that the new updates will not have any impact on all end-users, most application developers and non-profits and will be free of charge…

Trademark attorney predicts legal fights ahead with Twitter’s rebrand to X
According to Josh Gerben, the social media platform could be embroiled in lawsuits over its 'X' branding for years, costing upwards of millions of dollars. Josh Gerben, a trademark attorney with Gerben Intellectual Property, has suggested the company formerly known as Twitter could spend upwards of $100 million in dealing with litigation as a result…

Upbit crypto exchange receives suspension notice in South Korea
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.