Friend.tech team sold $52M in 6 months, faces rug pull allegations
The Friend.tech team said on Sept. 10 that it has no plans to discontinue its website application.
Month: September 2024
Chainlink dominance challenged by Pyth’s 46x growth in 2024
While Chainlink retains a strong lead, Pyth’s rapid rise in total value secured hints at shifting dynamics in the oracle...
Proposed change could save Ethereum from L2 ‘roadmap to hell’
Critics say ETH is in a death spiral, with plunging fee revenue and extractive L2s. But researchers have a plan...
Indonesian Crypto Exchange Hit by $20.5M Hack, Lazarus Group Suspected
Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150...
Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in...
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs...
State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A...
Prediction market interest fuels launch of PancakeSwap Telegram bot
Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.
What are Based Rollups? A Look at Ethereum’s Latest Scaling Innovation
TLDR: Based rollups use Layer 1 (L1) blockchain sequencers instead of their own They inherit L1 security, decentralization and liveness...
Regulators Partner to Bolster UAE’s Crypto Hub Status
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a...
Experts: Crypto In Early Stages of Growth Despite Rising Adoption
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe...
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized...
Telefónica Tech joins Polygon’s Privado ID as system integrator
Telefónica Tech is integrating with Polygon’s Privado ID to advance its digital identity solutions as Europe moves toward digital ID...
Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.
