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FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy
3.8.2023
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...
Jedi: Survivor Fan Ruins Permadeath Run In Worst Way After Maxing Out Skills
3.8.2023
A Twitch streamer ended his Star Wars Jedi: Survivor permadeath run somewhat controversially after taking fall damage. The streamer, GoodGame_Ethan, already went through the (time-consuming, grind-heavy) trouble of acquiring every skill point in the first level. And though the fall isn’t what...
Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System
3.8.2023
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
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows
3.8.2023
At times, Twitter bots accounted for roughly half of all "chatter" on the platform for six FTX-listed altcoins
Bitget Exchange Sued by Advisor of ReelStar Token Project After the Listing Goes Sour
3.8.2023
Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy
HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart
2.8.2023
After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...
Biggest Movers: MATIC Bounces From 4-Week Low, After Collision With Key Support Point
2.8.2023
Polygon rebounded from a four-week low on Wednesday, as bulls rejected a breakout below a key support point. The wider market cap was mostly higher in today’s session, led by the optimism surrounding Microstrategy’s latest bitcoin investment. Chainlink also jumped higher after recent losses....
Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures
2.8.2023
In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 years, a shift that came after the Bank of Japan opted to keep its extremely...
Bitcoin bulls falter after BTC price briefly spikes through $30K
2.8.2023
BTC price strength attempts a comeback, but bulls run out of steam after briefly storming through key resistance levels
Ripple CLO Stuart Alderoty Explains Securities in ‘After Hours’ Parody Skit
2.8.2023
Stuart Alderoty, CLO of Ripple, prepared a skit explaining the definition of securities according to the company, supported by the recent ruling in the SEC v. Ripple case. The segment, titled “After Hours,” parodies U.S. Securities and Exchange Commission (SEC) Chair Gary...
Bitcoin Hits One-Week Highs, Nears $30K After MicroStrategy Announces Plans to Sell Stock, Buy More BTC
2.8.2023
Bitcoin (BTC) hit one-week highs in the $29,700s on Tuesday after US software company MicroStrategy signaled intent to add significantly to its BTC holdings.
MicroStrategy announced via a filing with the US Securities and Exchange Commission (SEC) that they plan to sell as much as $750 million...
Borroe ($ROE) set to pump like PEPE after launch
1.8.2023
Analysts have predicted Borroe Finance’s $ROE token will soar like the popular meme coin, PEPE, which experienced a massive surge days after its launch. However, unlike PEPE, $ROE is bursting with utility and is tagged by experts as one of the pioneers of the upcoming crypto summer. Pepe...
First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July
1.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
1.8.2023
Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection...
LeetSwap Halts Trading After $630K Drained From Liquidity Pairs
1.8.2023
Coinbase’s Layer 2 blockchain has another problem on its hands
After the Curve Attack: What's Next for DeFi?
31.7.2023
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model
Curve DAO is Going to Zero After Blockchain Exploit and AI Crypto Analytics Platform yPredict Just Raised $3.2 Million – How Does it Work?
31.7.2023
Markets have been fuelled with anxiety this morning, after a tumultuous cyber exploit on the weekend which saw multiple Curve liquidity pools raided for $47m.
Cyber security experts have now traced the source of the issue back to vulnerabilities in the Vyper (programming language) smart contracts...
Curve Finance's Token Surges 500% on Bithumb After Over $100M Exploit
31.7.2023
The CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness
BTC price 'fireworks' after monthly close? 5 things to know in Bitcoin this week
31.7.2023
Bitcoin may finally get a trend identity after the July monthly close is done, one trader suggests, with BTC price action wedged below $30,000