Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
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CZ Insists That DDoS Attacks Were Foul Play From Binance Competitors
Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. 633 Total views 10 Total shares As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia.Competitors behind the attacks?Zhao emphasized…
Diem team members raise $200M to launch blockchain derived from it
“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated. 292 Total views 26 Total shares Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project…
Major US Crypto Exchange Coinbase Appoints New Vice President Dan Yoo
Major United States-based crypto exchange and wallet provider Coinbase has appointed Dan Yoo as its new vice president, industry-focused media outlet Coindesk reported on Sept. 10.At Coinbase, Yoo will be replacing Emilie Choi, previously vice president of business, data and international promoted to its chief operating officer at the company. Yoo will work on Coinbase’s…
Users not able to sell Squid Game token clocking 45,000% gains
A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able…
American Citizen Arrested For Educating North Korea On Blockchain And Crypto
Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions.According to the November 29 announcement, the 36-year-old Griffith was arrested at the Los Angeles International Airport, and will be…
Riot Blockchain stock plunges 20% following parabolic rally
The crypto mining company has been on an absolute tear this month. On Thursday, the stock corrected sharply lower. 3633 Total views 11 Total shares Shares of crypto mining company Riot Blockchain (RIOT) plunged on Thusday, giving back a portion of a parabolic rally that was largely driven by news of a major boost in…
Living on a volcano: The outlook of El Salvador’s crypto mining industry
El Salvador, the first nation to adopt Bitcoin (BTC) as legal tender, has recently announced the relaunch of its wallet app Chivo, which is supposed to patch the previous version’s stability and scalability issues. The update is welcomed news for the Central American country’s crypto experiment, which faced some hurdles and harsh criticism over the…
Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team
The former aide to Representative Davidson will join crypto's leading trade association. 915 Total views 7 Total shares The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations. The Blockchain Association has been one of Washington, D.C.'s biggest advocates for the crypto industry since its…