“Explain This Bob,” the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk alleged it was a “scam.”
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The trade.io security team was alerted to a large transaction originating from our wallet holding 50M Trade Tokens (TIO) owned by trade.io reserved for the liquidity pool. Immediately following the alert, our trade monitoring observed abnormal trading of TIO on external exchanges. These exchanges were immediately alerted to disable deposits/withdrawals and trading of TIO, and our security team began its investigation. The responsiveness by the various teams within trade.io prevented the situation from deteriorating and helped quarantine the issue.
The post PR: trade.io Effectively Contains Breach of Cold Storage Wallet and Protects TIO Holders appeared first on Bitcoin News.
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Following the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, on its lending platform and decentralized exchange.
The post PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle appeared first on Bitcoin News.
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