Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Financial Times reported that the U.S. SEC was the sole factor that blocked Circle from going public.CEO Jeremey Allaire said in December that his firm could not meet the SEC’s “qualification in time”.The crypto pa...
Cryptocoins News / EthereumWorldNews - 1 year ago
SushiSwap has approved a key proposal to increase the fee allocation to the Treasury to 100%.& The community also approved a proposal to clawback more than 10 million SUSHI tokens.& Head Chef Jared Grey proposed to increase the Kanpai alloca...
Cryptocoins News / EthereumWorldNews - 1 year ago
Binance held token collateral and user funds in the same cold wallet.& The exchange claims it was a mistake and is currently rectifying the issue.& The cold wallet currently holds both customer funds and reserves for over 40 Binance-peg toke...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Binance processed 205,000 transactions between May 2018 and January 2023, per a Chainlysis report from Tuesday.The leading crypto exchange also reportedly facilitated $90 million in BTC trading volume for Bitzlato post-August 2021, afte...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Developers finalized the ‘Withdrawal-Mainnet-Shadow-Fork-1’ on Thursday.The move marks the first major test phase for Ethereum’s hyped Shanghai updated in March 2023.ETH Developer Marius Van Der Wijden noted configurat...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Over 6,000 Uniswap community members voted on the proposal from 0xPlasma Labs.Around 80% voted to launch the Ethereum-based decentralized exchange on BNB Chain.The 0xPlasma Labs proposal opined that the DEX would enjoy added liquidity an...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Genesis filed for bankruptcy protection late on Thursday revealing $3.6 billion owed to the top 50 creditors.Top unsecured claimants included Gemini, Babel Finance, VanEck, and Cumberland among others.Gemini President Cameron Winklevoss...
Cryptocoins News / EthereumWorldNews - 1 year ago
FTX CEO John Ray III has stated that it may be possible to restart the bankrupt exchange.& The CEO has set up a task force to explore restarting the exchange.John Ray criticized the recent comments made by former CEO Sam Bankman-Fried.& Sam...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Raydium exploiter drained a total of $4.4 million in digital assets from the Solana DEX in December 2022 before moving the funds to Ethereum’s blockchain.A wallet controlled by the hack transferred $2.7 million of the stolen l...
Cryptocoins News / EthereumWorldNews - 1 year ago
A VC fund co-founded by Peter Thiel closed almost all of its 8-year-long bet on Bitcoin last year.& The winding down of the crypto investments came right before 2022’s crypto crash in May.& Shortly after selling the crypto holdings, Thiel su...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Stargate Finance looks to power liquidity transfer across decentralized networks without downgrading security and efficiency, per Stargate’s official announcement.The LayerZero Labs’ protocol will start by enabling support fo...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Ethereum Name Service governance proposal aims to create an extra runway for the project should the crypto market suffer another downturn.10,000 ETH would be sold for Circle’s USDC via a Gnosis auction, Wednesday’s propo...
Cryptocoins News / EthereumWorldNews - 1 year ago
Genesis Global Capital is reportedly preparing to file for bankruptcy.The DCG subsidiary has been in negotiations with several creditor groups.& Genesis has been struggling to raise funds for its lending unit following a liquidity crunch.& P...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: A second Substack post from the FTX Founder contested data and financial records filed by legal firm Sullivan & Cromwell.Bankman-Fried argued against the notion that FTX US has a shortfall and is unable to pay back customers.The pla...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Users have until February 16 to withdraw their assets from the exchange or risk legal headaches.Coinbase will close fiat deposits by January 20 as the company winds down operations in Japan.The news follows three separate staff cuts wit...
Cryptocoins News / EthereumWorldNews - 1 year ago
HashKey Capital has concluded a $500 million funding round for its third crypto fund. The Hong Kong-based firm plans to invest in crypto and blockchain ventures around the world. The asset manager has invested in popular projects like Polkadot, 1inc...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Validators on the network increased from 428,000 around September 15 when Ethereum upgrade from proof-of-work to proof-of-stake.The news comes ahead of staked Ether withdrawals expected to roll out with the Shanghai update in March 2023....
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Founding team members also include Co-Founders of troubled exchange CoinFLEX, Mark Lamb, and Sudgu Arumugam.The GTX exchange will allow users to trade claims for defunct crypto companies like BlockFi, Celsius, FTX, and Mt. Gox to name a...
Cryptocoins News / EthereumWorldNews - 1 year ago
The Lazarus Group has moved more than $63 million associated with last year’s hack on Harmony bridge.& The funds were deposited to three different exchanges including Binance.& Binance and Huobi have managed to freeze a portion of the funds...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Coinbase Director Conor Grogan spotted Ether transfers to the “FTX Accounts Drainer” with private notes on how to move the assets undetected.The hacker was advised to leverage less popular and more privacy-based crypto mixer...
Cryptocoins News / EthereumWorldNews - 1 year ago
Shiba Inu Team announced the launch of the beta L2 blockchain platform (Shibarium) that aims to lower gas fees on the Ethereum network.Transactions on Shibarium occur “off-chain” and are communicated back to the Ethereum blockchain, whic...
Cryptocoins News / EthereumWorldNews - 1 year ago
Société Générale has minted a loan of $7 million worth of DAI from MakerDAO.& The investment firm used home loan bonds as collateral to withdraw the stablecoins.& Société Générale started a vault in the DAO last year after approval from its...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack.Sam Bankman-Fried said he believes FTX US is solvent and holds over $350 million in net cash to repay customers if the platfo...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto broker Genesis reportedly owes more than $3 billion to its creditors.& These liabilities have prompted parent firm DCG to explore selling assets to raise money.& DCG’s venture portfolio boasts 200 crypto projects including banks and e...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The crypto lender’s office in Bulgaria was raided on suspicions of fraud, money laundering, and tax evasion.Local authorities also claimed to have evidence proving that a Nexo user financed terrorism.The company said they’re...
