IIn a matter of 24 hours, developers of a play-to-earn (P2E) GameFi project apparently rug-pulled their investors, and a Solana (SOL)-powered exchange mistakenly shut itself down - all reminding us of risks in the crypto space.
Per blockchain security firm PeckShield data, GameFi (P2E blockchain-powered games) project HeroCat appears to have rug-pulled its investors. The game’s token, HeroCat Token (HCT), has lost more than 99.9% over the past week, according to data by CoinGecko. …
Read More: GameFi Rug Pull and Accidently Closed Exchange - Beware of Risks in Crypto…
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In a matter of 24 hours, a DeFi platform lost millions of dollars in a hack, developers of a play-to-earn (P2E) GameFi project apparently rug-pulled their investors, and a Solana (SOL)-powered exchange mistakenly shut itself down - all reminding us of risks in the crypto space.
According to blockchain security firm PeckShield, DeFi lending protocol Cream Finance was exploited by hackers on Tuesday thanks to a “bug introduced by [the] AMP” token. …
Read More: Another DeFi Exploit, GameFi Rug Pull, and Accidently Closed Exchange - Beware of Risks in Crypto…
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Turkish authorities said that Faruk Fatih Özer was arrested today, with previous reports seeking jail time for the Thodex founder of up to 40,564 years….
Continue reading on https://decrypt.co/108556/founder-turkish-crypto-exchange-thodex-arrested-albania
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The new derivatives trading platform aims to combine core features of a DEX with elements of centralized cryptocurrency exchange….
Continue reading on https://decrypt.co/108460/gammax-raises-4m-launch-crypto-derivatives-exchange-ethereum-layer-2-solution
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The bear market must go on. This week we learned that bitcoin miners sold 660% more bitcoin in Q2 compared with Q1, while decentralized finance broad total value locked experienced a decline. Ethereum will be 55% complete post-merge, according to Vitalik Buterin, while the first stage of the ETH merge has been confirmed. …
Read More: Ethereum’s Confirmations, Not-Really Comebacks, Losing Attackers and 20 Crypto Jokes…
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Lido Finance’s native token has fallen amid slowing demand for staking and mixed expectations of the upcoming Ethereum merge event….
Continue reading on https://decrypt.co/108327/token-powering-ethereum-staking-platform-lido-finance-tumbles
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More than half of global crypto derivatives industry representatives say they expect to see a more severe approach by the world’s regulatory agencies as a result of the recent decreases in the prices of cryptoassets – but a decisive majority of the surveyed experts argue that bitcoin (BTC) will again reach the level above USD 65,000, according to a report by market intelligence provider Acuiti….
Read More: Crypto Derivatives Industry ‘Expects’ Severe Regulation, Bitcoin’s Price to Return to USD 65K - Report…
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ENS registrations have accelerated exponentially in the lead-up to the merge….
Continue reading on https://decrypt.co/107689/ethereum-name-creation-double-in-four-months-to-2-million
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The investment bank said today that Coinbase could experience a “bigger revenue opportunity” from its Ethereum staking service….
Continue reading on https://decrypt.co/107662/ethereum-merge-coinbase-staking-jpmorgan
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Major crypto exchange Coinbase faces a new class action suit alleging the company unauthorizedly transfers and freezes funds and locks consumers out of their accounts for extended periods. Meanwhile, the US Internal Revenue Service (IRS) has been granted permission to look into the customers of crypto prime dealer SFOX Inc., while the US Securities and Exchange Commission (SEC) objected to orders to disclose drafts of a former official’s speech in its fight with Ripple….
Read More: Legal Woes: Coinbase Faces New Class Action, IRS Allowed to Investigate SFOX’ Customers, Another Objection in SEC-Ripple War…
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