Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug…
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.
Sam Bankman-Fried's Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
Sam Bankman-Fried's repeated efforts to contact witnesses and influence their testimony shows that "no combination of conditions will reasonably assure the safety of the community," prosecutors said in a written filing calling for his bond to be…
Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.
No, Sam Bankman-Fried Is Not Being Bailed Out by Democrats
Republican candidate Vivek Rameswamy is rightly furious over dropped campaign finance charges. But the charges are likely to return after a procedural adjustment - and claims of corruption do more harm than good.
Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
Prosecutors just withdrew a campaign finance charge ahead of Sam Bankman-Fried’s criminal trial this October. That doesn’t mean the U.S. Department of Justice is letting the FTX founder off on alleged criminal conduct, however – and campaign…
A BlackRock BTC ETF Wouldn't Be Possible Without Bitcoin Miners
With institutions like BlackRock, Fidelity and Ark Investments all seeking SEC approval for Bitcoin ETFs, it's time to thank Bitcoin miners for laying the groundwork for industry expansion.
SEC Case Had 'Almost No Impact' on Ripple's Talks With Central Banks, Says Exec
James Wallis said the decision that Ripple's sale of XRP did not constitute investment contracts was a major victory, not just for Ripple but also for the industry.
No crypto project since Facebook's Libra has generated such hue and cry from within the crypto community. Is it right to be concerned by Sam Altman's iris-scanning uber-ambitious UBI project?
Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community.
First Mover Americas: Grayscale Urges SEC for Equal Treatment of Spot Bitcoin ETF Applications
The latest price moves in bitcoin (BTC) and crypto markets in context for July 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws
The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K. in recognizing the crypto exchange.
Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume
A new crypto casino inspired by the Milady NFT project has rolled out on the Ethereum blockchain, with transaction volume hitting $36 million in the first 12 hours after its release.
Sam Bankman-Fried Wants to Seal Caroline Ellison's Diary, Inner City Press Opposes
FTX founder Sam Bankman-Fried has asked the court to seal the contents of the private diary of his sometimes girlfriend and ex-Alameda Research CEO Caroline Ellison.
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