Token airdrops targeted by farm accounts and ‘Sybil attacks’
Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop tokens, thus taking away share from loyal users.
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Jack Ma’s Ant Group files $30B IPO in Hong Kong and Shanghai
China’s Ant Group is prepping for the largest IPO in history. Ant Group, the financial affiliate of China’s e-commerce giant Alibaba, has filed an Initial Public Offering, or IPO, in Hong Kong and Shanghai.Managed by Alibaba co-founder Jack Ma, Ant Group is targeting a valuation of about $226 billion, based on a target IPO raise…

USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis. 275 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency firm Tether, which issues the stablecoin USDT (USDT), expects to make a $700 million profit in the…

CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. 156 Total views 42 Total shares Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by…

Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism network has revealed that it will sell 116 million OP tokens in a series of planned sales. 408 Total views 2 Total shares Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes.At current prices, the sale will see $159 million

Crypto Analytics Firm Messari Introduces New Exchange Index Following Fake Volume Reports
Cryptocurrency analytics firm Messari has added a new index for 10 cryptocurrency exchanges, the company announced in a blog post on March 26.Messari launched a new product dubbed “Real 10 Volumes” on its OnChainFX dashboard to limit its default volume calculations to the chosen exchanges. The “Real 10” trading platforms include Binance, Bitfinex, Bitflyer, Bitstamp,…

Nifty News: Tyson Fury’s NFT nets almost $1M, bad trip from Sushi, wine gets nifty …
Tyson Fury’s first venture into the NFT market resulted in a single NFT selling for almost $1 million on HoDooi.com — a new platform aiming to become the 'eBay of NFTs'. The auction for ‘Lineal by Tyson Fury’ closed on July 16, and represents one of the top athlete-themed sales in the market to date.…

Cryptocurrency Exchange BitMEX Enables Native SegWit Support
Cryptocurrency exchange BitMEX added support for native segregated witness (SegWit) addresses for Bitcoin (BTC) withdrawals, which lets users pay lower transaction fees.According to an announcement on Dec. 12, BitMEX now allows its users to withdraw Bitcoin to Bech32 addresses, the one that natively supports the segregated witness standard.Bitcoin address formatsAs the announcement explains, the Bitcoin…

Microsoft shareholder proposes firm look into investing in Bitcoin
Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.