Markets
Terra.money Website Frozen Amidst Rising Phishing Scams Concerns
In response to an ongoing phishing scam targeting its users, Terra, a Layer-1 blockchain platform, has temporarily taken down its website to safeguard users.Cornell RachelGermany to Scrutinize Chinese Investments in AI and Related Sectors
Reports from local media in Germany indicate that the country's deputy chancellor is proposing increased scrutiny of foreign direct investments from China.Jerry McNeillGoogle Addresses Controversy: Response to Claims of Tracking Children's Data
Google, the parent company of YouTube, has responded to allegations that advertisers on the platform are collecting data from children watching videos.Christopher SmithThailand Warns Facebook: Combat Crypto Scams
Thailand is reportedly considering pursuing a court order to force the shutdown of Facebook unless the social media giant takes effective measuresWayne IngramYuga Labs Quits OpenSea Amid Royalty Enforcement Controversy
Yuga Labs, the entity behind the Bored Ape Yacht Club (BAYC), is planning to gradually reduce its support for OpenSea, a popular NFT marketplace. This decision comes in response to the forthcoming removal of Operator Filter,Jerry McNeillTech Hype's Shelf Life: Critics Give it 6-8 Weeks
Friend.tech, a new decentralized social media (DeSo) app, has rapidly gained attention in the crypto world, attracting over 64,000 new users and over 24,000 ETH in transaction volume since its beta launch on August 11th.Sherry CantwellKenya Launches Probe into Worldcoin Amid Controversy
The Worldcoin cryptocurrency initiative has encountered further difficulties, this time in Kenya, where the government has established a 15-member parliamentary committee to scrutinize the contentious digital asset.Barry StidhamFTX's Legal Ace Sam Bankman-Fried Presents Dynamic Jury Trial Directions
As the trial date for FTX co-founder Sam Bankman-Fried approaches in October, US prosecutors have presented a 100-page document outlining their proposed directions to the jurors.Martha GrizzardSEC to Question Terraform Labs Co-Founder in South Korea
The US Securities and Exchange Commission (SEC) has been granted the authority to collaborate with South Korea in its pursuit of investigating TerraformJames DeanShibarium Denies Bridge Issue, Labels it 'FUD
In May 2022, the interconnected cryptocurrency ecosystem of Terra suffered a significant collapse, resulting in a loss of approximately $40 billion in value.Barry StidhamLiFi Introduces Multi-Bridge Governance Solution Post Uniswap Discussion
LiFi, a multi-chain bridging protocol, has introduced a multi-message aggregator designed for decentralized autonomous organization (DAO) governance,James DeanBNB Hacker Loses $53M in Liquidation During Market Crash
A sudden downturn in the cryptocurrency market prompted the liquidation of numerous traders, shedding light on the culprits behind the notorious BNB Smart ChainCraig GreenNorth Korean Hackers Steal $2B in Cryptocurrencies Since 2018
Continuing to pose a significant threat to the cryptocurrency ecosystem, North Korean hackers have managed to pilfer an estimated $2 billion in cryptocurrencyCornell RachelTether CTO Urges Enhanced Tools for Bitcoin Mining Analysis
Tether, the stablecoin issuer, is developing specialized software that employs data analytics to enhance both bitcoin mining and renewable energy operationsBarry StidhamSHIB, BONE, LEASH Tokens Slide Amid Shibarium Failing Rumors
The launch of Shibarium's mainnet, a layer 2 scaling solution for the Ethereum network, has encountered challenges, particularly concerning the associated tokenChristopher SmithRecapping On-Chain Summer: Highlights from the First Week
Coinbase's recent launch of its layer 2 network, Base, has brought significant activity to the cryptocurrency ecosystem, including both positive engagementChristopher SmithShiba Inu's Shibarium Ethereum L2 Mainnet Launches
On August 16, Shiba Inu launched its Shibarium mainnet, an Ethereum Layer 2 scaling solution, after months of testing, millions of users' participation,Cornell RachelNZ Parliament Cautions Against Rushed Crypto Regulations
A Report Commissioned by the New Zealand House of RepreStateS Finance and Expendosition Commissione and Prepared for the Country's RecomingJerry McNeillStellar Makes Strategic Move: Invests and Secures Stake in MoneyGram
The Stellar Development Foundation (SDF) has taken on the role of a minority investor in MoneyGram International, a prominent payments provider.Craig GreenBitGo Bounces Back: Secures $100 Million Funding After Legal Setback Against Galaxy
Cryptocurrency custody platform BitGo has secured fresh funding of $100 million in a Series C funding round, as announced on August 16.Cornell Rachel
