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Friend.tech Team Renounces Control Over Smart Contracts


Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin and ownership parameters of its smart contracts to the address 0x000…000. This move effectively renounces control over these contracts, ensuring that no future changes...

FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket


The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older...

The Protocol: The Secret Code Behind Trump Family Crypto Project


In this week's issue of CoinDesk's weekly newsletter on blockchain tech, we've got the secret details underpinning the former president's plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly August crypto markets

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