Curve Founder Still Owes $80M Despite Raising Nearly $30M in Past Two Days
Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit.
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Curve Offers Hackers 10% Bounty in Exchange for Return of Crypto
"We will pursue you from all angles with the full extent of the law," said Curve, Metronome and Alchemix.
Matter Labs Accuses Polygon of Spreading "Untrue Claims" With Code-Copying Allegations
In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library.
Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.
Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor
Elon Musk’s soon-to-be super app X, formerly known as Twitter, is looking for a financial-data giant to build a trading hub inside the app, news outlet Semafor reported citing documents and people familiar with the matter.
Crypto and the Real Meaning of 'Radicalism'
The right-wing economics that shaped crypto doesn’t determine its future, argues a new book by Joshua Dávila – A.K.A. The Blockchain Socialist.
South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges.
Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline
The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.
Michael Saylor Says Bitcoin ETFs Will Be the ‘Super Tanker’ for His MicroStrategy ‘Sports Car’
MicroStrategy (MSTR) CEO Michael Saylor said his software company will continue to be the go-to company for investors to gain exposure to bitcoin (BTC) without directly buying it, even if a spot bitcoin exchange-traded fund (ETF) is rolled out.
Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System
The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options.
More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split
As the debate about creator royalty rages on, Zora has pledged to pay creators a portion of platform fees collected on every new free mint.
Kenya Appears to Have Flip-Flopped on Worldcoin's Data Practices
Kenya's data watchdog found Worldcoin is compliant with its data protection laws, but has now find different problems with Sam Altman's project.
Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week.
Assessing Custody Solutions in Digital Assets
With the right diligence, digital asset custody can offer more safety, transparency, and cost efficiency than traditional models.
Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin
The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.
Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding Cash
The USDT issuer Tether says it holds a lot of U.S. Treasuries and made a lot of money last quarter.
Solana Tokens or: How I Learned to Stop Worrying and Love the Points
Could loyalty programs and token airdrops embiggen Solana DeFi? Danny Nelson heads to Utah to find out.
July Was a Terrible, No Good, Very Bad Month For NFTs, DappRadar Report Shows
NFT trading volume declined 29% and the number of sales dropped 23% from June, while Yuga Labs collections’ dominance slipped.
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
The Born Ready venture studio will invest in early stage Web3 and metaverse projects.
NFT Trading Volume Is Sinking, But It’s Not Stopping Developers From Entering Web3
According to Alchemy’s Q2 Web3 Development Report, while NFT trading volume fell 41%, almost six million smart contracts were deployed across chains including Ethereum and Polygon.
Binance Appoints New Compliance Officer as Regulatory Crackdown Intensifies
The new position for Kristen Hecht comes as Binance is under scrutiny by multiple law enforcement agencies in the U.S. and abroad and could even face fraud charges.
Stablecoins: A Potential Counter to De-Dollarization
Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance.
Marathon Digital Solidifies Position as World's Largest Publicly Traded Bitcoin Miner
Marathon continues to pull away from the former leader, Core Scientific.
Ether Liquid Staking Protocols Could Double in 2 Years: HashKey
The amount of staked ether could reach between 31%-45% of the total supply by the end of Q2 2025.
Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week
Users will be able to bridge their ETH starting Thursday, with the official launch of the main network for Aug. 9
First Mover Americas: Justice Department May Charge Binance With Fraud: Report
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows
At times, Twitter bots accounted for roughly half of all "chatter" on the platform for six FTX-listed altcoins.