Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.
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Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities
Thailand’s National Legislative Assembly has officially allowed the issuance of tokenized securities on blockchain, major newspaper The Bangkok Post reports on Friday, Feb. 22.The government will amend the Securities and Exchange Act, according to the article. As soon as the changes come into effect later in 2019, tokenized securities such as stocks and bonds can…

eNaira is ‘crippled’: Nigeria in talks with NY-based company for revamp
After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology. 432 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Central Bank of Nigeria (CBN) continues with its attempts to create…

Near Protocol picks up slack, onboards Tracer following Terra’s downfall
As explained by Near Foundation’s Nicky Chalabi, projects like Tracer seek alignment with the core values of the ecosystem that can support the company’s roadmap in time to come. 401 Total views 12 Total shares For many layer 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different…

Crypto is down, but FET and AI tokens are up — Here’s why
FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors' earnings expectations for Nvidia?

CFTC Cannot Locate Man Responsible for Over $140 Million Crypto Ponzi
The United States Commodity Futures Trading Commission (CFTC) is having trouble locating Benjamin Reynolds, who is allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million.Financial news outlet FinanceFeeds reported on Jan. 6 that the CFTC has filed a motion with the New York Southern District Court. More precisely, the regulator filed for the…

Gaming crypto GALA rallies nearly 350% in November — Correction ahead?
Gala Games' in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22.GALA/USD four-hour price chart. Source: TradingViewGALA's gains primarily came in the wake of a price rally across a majority of gaming and metaverse…

DeFi protocol token NFD crashes by 99% after a flash loan attack
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols. 431 Total views 26 Total shares New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Sept. 8, resulting…

6 Questions for Alyssa Tsai of Panony
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Alyssa Tsai, founder and CEO of Panony — an incubator, investor and adviser for blockchain and Web3 business.My name is…