A new staking product will be offered instead of what Humpy and the ‘Golden Boys’ initially proposed. Source
COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound
Month: July 2024
Kamala Harris urged by democratic donors to speak at crypto conference: report
Top Democratic donors are said to be pushing for Kamala Harris to speak at a U.S. crypto conference as her Republican rival shows support for the crypto industry. Presumptive Democratic presidential nominee Kamala Harris is reportedly being pushed to attend a crypto conference in the United States this fall. The push comes in response to recent pro-crypto remarks made by former President Donald Trump at the Bitcoin 2024 event held last week in Nashville, Texas. According to a Decrypt report published today, July 30, big Democratic donors are pushing for…
The Next Dogecoin? Kabuso’s Owner New Shiba Inu Dog Ends Up in NEIRO Memecoin Drama
Hundreds of Neiro, or Neiro-themed tokens, were issued on Solana token generator Pump Fun, with one quickly running to tens of millions in market capitalization. Later, some traders discovered that while the token at a $100 million capitalization was the most popular, another one was actually the first one to exist – shifting dynamics and causing a brief sell-off. Source
Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July […] Original
HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville
PRESS RELEASE. Geneva, Switzerland, July 29, 2024 – TRON DAO, along with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announces the launch of HackaTRON Season 7, with submissions open until October 23. Following a successful launch party at Bitcoin 2024, this season promises a series of engaging events and innovative competition tracks. Participants will […] Original
Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being informed that their accounts were nonexistent. The SFC suspects Proxinex enlisted an agent to attract investors through dating apps, possibly using […] Source CryptoX Portal
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL, MATIC) in Binance Case
Third-party tokens are digital assets issued by various companies apart from Binance, that were listed by the crypto exchange. The 10 tokens named in the complaint are SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI. The SEC alleged that these tokens are unregistered securities. Source
XRP Price Poised For ‘Ultimate Breakout’ With $18 Target: Analyst
Crypto analyst Dark Defender (@DefendDark) has updated his 108,000 followers on X about the XRP/USD market outlook with a 3-monthly chart. In his latest analysis, he points to an imminent major price movement before the end of this quarter, in other words by the end of September. XRP Price On The Verge Of Ultimate Breakout The chart shared by Dark Defender illustrates a symmetrical triangle pattern, a typical continuation formation where converging support and resistance lines suggest decreasing market volatility and potential for a significant breakout. This pattern is formed…
Bitcoin (BTC) Drops to $66K Amid Silk Road Coins Movement. What Next for BTC Prices?
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on the Compound DAO forum. Despite “glaring red flags” identified by the project’s security advisor, Michael Lewellen, the warning received minimal engagement from the community, with only a few voices, such as MonetSupply and Wintermute, raising…