MakerDAO members shoot down proposal for more centralization
MakerDAO members turned up in record numbers to preserve the principles of decentralization, setting new precedents for future DAO governance. Go to Source Powered by WPeMatico
Month: July 2022
Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets and North Korea’s Weapons Programs The recent crash of the crypto market may … Read more
Multisigs mean funds in bridges are ‘one small slipup’ from being hacked
Industry insiders have pointed out the flaws inherent in multisig security as a way to protect funds in smart contracts, and have offered various alternative solutions. Go to Source Powered by WPeMatico
Hundreds of Bored Ape owners sign up to hire out their NFTs to brands
“A brand can hit HIRE on an ape, and we will bring the deal to the ape’s owner if both parties agree (and only if) the deal moves forward,” said Mouse Belt co-founder Patrick McLain. Go to Source Powered by WPeMatico
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week. … Read more
Better days ahead with crypto deleveraging coming to an end: JPMorgan
A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging. Go to Source Powered by WPeMatico
Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies
PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market. Traditional CeFi refers to centralized finance mechanisms such as crypto lending and borrowing, which have … Read more
Ethereum fork a success as Sepolia testnet gears up to trial the Merge
The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind. Go to Source Powered by WPeMatico
Worst quarter in 11 years as Bitcoin price and activity plunges
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. Go to Source Powered by WPeMatico
Argentinian Tax Agency Ramps Up Digital Wallet Seizures
The Argentinian Tax Agency, the AFIP, has ramped up the seizures of digital wallets of taxpayers in the country. The institution managed to seize more than 1,200 digital wallets of taxpayers that had debts and didn’t have a bank account, or other properties available to be collected by the courts. While the organization has yet … Read more
