Airdrop token prices are crashing — Does Web3 need a new model?
Tokens distributed in airdrops consistently underperform the market. Now, Web3 protocols are exploring new approaches.
Posts published on July 19, 2024 go to media archive 3/4
Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen…
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
These developments indicate TFL’s proactive efforts to tackle Terra’s challenges and restore trust and stability within the ecosystem.
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
Indian crypto exchange WazirX has filed a police complaint, it said on X, and it has also reported the incident to the Indian Computer Emergency Response Team (CERT-In).
Oracle exploit drains $7.6 million from Rho Markets liquidity protocol
Rho Markets has already paused its platform in response to the security breach.
MAGA memecoin hints at another 'Trump pump' ahead of Bitcoin 2024 conference
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump's keynote at the upcoming Bitcoin 2024 conference in Nashville.
Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts
As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become…
TON’s Teleport BTC bridge will be ‘highly resistant’ to private key compromises
TON Foundation marketing director Jack Booth explained that the protocol will ensure that private keys are not created or held by a single party.
Trump Calls Bitcoin Experience 'Eye Opening': 'It's Not Going Away'
Former U.S. President Donald Trump has become a vocal supporter of Bitcoin, a stark reversal from his previous scepticism of Bitcoin and crypto.In a recent interview with Bloomberg Businessweek, Trump asserted that Bitcoin is "not going away" and…
First Mover Americas: Bitcoin Trades at $64K as Biden Withdrawal Likelihood Increases
The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto market faces structural weakness: Binance report
Despite recent improvements, the crypto market remains down 14% from its peak, with new capital inflows slowing and a “Player vs. Player” market emerging.
South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience…
CrowdStrike CEO addresses downtime, confirms no security breach
As the digital threat landscape continues to evolve, incidents like this underscore the need for robust update and patch management processes.
Solana Price Could Eclipse $1,400 As Massive Bull Flag Emerges
The Solana price has surged over 33% in the past two weeks, and according to crypto analyst Ali Martinez (@ali_charts), this could be the precursor to a much larger rally. In the weekly chart (SOL/USD), the Solana price exhibits a major bullish…
Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio
By acquiring substantially all the assets of the blockchain node operator, the publicly traded Galaxy Digital will increase its role in Ethereum staking, as part of a broader effort to expand in the business of blockchain infrastructure.
Wearable hardware wallets for crypto adoption: Interview with Changelly and Tangem
Crypto execs discuss how wearable hardware wallets can advance crypto technology and accessibility, promoting adoption.
CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say
Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.
Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged.
Web3 experts cite innovation and PR as key challenges for NFT adoption
Web3 professionals discuss the barriers to broader NFT adoption, including the need for new narratives, improving reputation and simplifying user experiences.
Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst
Recently, injective (INJ) has undergone explosive growth, pushing itself to unprecedented heights and drawing interest both from experts and bitcoin aficionados. Over the past week, the digital asset has jumped about 32%, and a measly 1% in the…
WazirX breach post-mortem: Dismantling the $230M attack
The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data.
Microsoft Windows data blackout downs major financial firms, airlines
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights.
Hamster Kombat users targeted by phishing attacks and fake airdrops
Cryptocurrency scammers are trying to bank on the viral popularity of the Telegram-based clicker game, by staging fraudulent airdrops.
Winklevoss Twins Donate $1 Million to Elizabeth Warren Rival John Deaton
The Winklevoss twins, Tyler and Cameron, founders of Gemini and Winklevoss Capital, have donated $1 million to support the campaign of pro-crypto candidate John Deaton in the state of Massachusetts. Both stated that their goal with this donation is…
KPMG to help US crypto firms uphold reporting standards
KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices.
Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time.
HK bank supports nation's regulatory goals with reserve services
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies.
K9 Finance Validator and Token LIVE on Shiba Inu Blockchain
K9 Finance DAO, a pioneering decentralized autonomous organization dedicated to advancing decentralized finance (DeFi) solutions, proudly announces the successful launch of its validator on the Shiba Inu Layer 2 (L2) mainnet. Concurrently, the DAO…