Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner. Source
For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough
Month: July 2023
Avalanche Foundation Commits $50 Million To Tokenized Asset Purchases
The Avalanche (AVAX) Foundation has launched a $50 million initiative, called Avalanche Vista, to pioneer the future of asset tokenization. According to the announcement, the foundation will allocate the funds to purchase tokenized assets, often referred to as “real world assets” or “off-chain assets,” minted on the Avalanche blockchain. KKR Fund Tokenization On AVAX The goal of the program is to support and demonstrate the value of tokenization, the process of creating an on-chain digital representation of an asset, item, or thing. Avalanche’s consensus mechanism, subnet architecture, and technical innovation…
Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Bitcoin (BTC) Purchases Confirmed by Robert F. Kennedy Jr.
CNBC reported earlier this month that Kennedy said he “was not an investor” in bitcoin, contradicting a financial disclosure form dated June 30 which revealed he owned between $100,001 and $250,000 of the cryptocurrency. The campaign first said the holding belonged to RFK’s wife before clarifying the assets did indeed belong to the candidate. Original
Paradigm Moves $3.5M in MakerDAO’s MKR Tokens as Venture Capital Firms Flee the Platform
The OTC wallet where the tokens from Paradigm landed has a history of receiving MKR and transferring to Coinbase, Arkham data shows. Following Paradigm’s $20 million transfer in March, a16z also sent a total of $11.7 million in MKR to the account early July, which then unloaded the tokens to Coinbase. Original Source CryptoX Portal
Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver
Paradigm Capital’s transfer follows venture capital firm a16z depositing $7 million of MKR to Coinbase. Source
ERC-20 inventor discusses origins, new blockchains, BRC-20 and more
In 2018, Ethereum lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, at the time, only wished for input regarding the novel idea. Little did he know that ERC-20 would ignite a wave of initial coin offerings (ICOs) shortly after its inception to become the industry gold standard for issuing tokens on the Ethereum blockchain. Just as ERC-20 tokens were gaining traction, Vogelsteller left the Ethereum Foundation the same year to focus on developing a new…
Judge Set To Rule On Bail
According to a recent report by Reuters, Sam Bankman-Fried, former CEO and founder of the bankrupt cryptocurrency exchange FTX, has had his bail conditions tightened by a US judge following allegations of witness tampering. While the judge declined to jail Bankman-Fried immediately, he imposed a “gag order” requested by prosecutors and gave both sides until August 3 to submit written statements detailing their positions. FTX Founder Accused Of Witness Tampering By U.S. Prosecutors Per the report, U.S. Prosecutors had requested that Bankman-Fried be jailed, accusing him of crossing a line…
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report
A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as “SBF,” will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison. In a July 26 hearing in United States District Court for the Southern District of New York, individuals on site reported Assistant U.S. Attorney Danielle Sassoon requested the revocation of SBF’s bail based on allegations he used his freedom to intimidate Ellison, his former romantic partner and colleague. According to Sassoon, SBF made roughly 100 calls to a…
This AMD Ryzen Bug Can Compromise Your Crypto Wallet Keys
A new bug called “Zenbleed” affecting specific AMD CPUs has been found that can potentially leak info, such as keys attached to crypto wallets. AMD Zenbleed May Be Exploited To Leak Crypto Wallet Keys As reported by the computer-focused news website Tom’s Hardware, a new vulnerability related to AMD CPUs has been discovered that can compromise sensitive info such as passwords and encryption keys. This bug was independently found by Travis Ormandy, a Google Information Security researcher, who has now made public a documentation of this vulnerability. The Zenbleed exploit…