How Liquid Restaking Tokens are revolutionizing DeFi
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024. Go to Source
Decentralization
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Over 70% of hacked funds are lost to CeFi entities: Cyvers
Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers. Go to Source
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used the funds for personal expenses. He attempted to evade regulatory scrutiny by portraying Bitclout as decentralized … Read more
Blackbird Labs launches Web3 platform for restaurant payments
Blackbird Pay is built on the company’s new blockchain network, Blackbird Flynet. Go to Source
What happens when 1% of Bitcoin holders control 99% of BTC supply?
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply. Go to Source
Compound Finance proposals elicit ‘governance attack’ allegations
Community risk assessors warned against the perceived centralization effort days before the proposal’s passage. Go to Source
Cross-border Bitcoin payments a top priority for Marathon Digital — Bitcoin 2024
The Bitcoin miner is seeking partners to build Bitcoin payment apps, a company executive said. Go to Source
Galaxy launches $113M crypto fund, Nansen launches Ether ETF dashboard: Finance Redefined
Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also launched the industry’s first Ether ETF analytics dashboard. Go to Source
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph. Go to Source
VanEck says Bitcoin could hit $2.9 million per coin by 2050
Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added. Go to Source
