The European Commission and Elon Musk’s social media site, X, look set to battle over alleged transparency violations. Source: https://cointelegraph.com/news/elon-musk-eu-free-speech-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
EU releases crypto-asset classification tools to help firms comply with MiCA
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play. Source: https://cointelegraph.com/news/eu-mica-crypto-asset-classification-tools?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EU markets will pave the way for first Ether staking ETF: dYdX CEO
While the US markets are not yet prepared for an Ether staking ETF, the European markets might lead the way by introducing the first staked exchange-traded fund. Source: https://cointelegraph.com/news/european-markets-first-ether-staking-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Airdrop token prices are crashing — Does Web3 need a new model?
Tokens distributed in airdrops consistently underperform the market. Now, Web3 protocols are exploring new approaches. Source: https://cointelegraph.com/news/airdrop-token-prices-crash-web3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that all malicious […] Source: https://news.bitcoin.com/wazirx-takes-legal-action-after-230-million-cyberattack-liminal-insists-platform-secure/
Rho Markets exploited for $7.6M due to oracle access vulnerability
Rho Markets has already paused its platform in response to the security breach. Source: https://cointelegraph.com/news/rho-markets-exploited-76m-oracle-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
These developments indicate TFL’s proactive efforts to tackle Terra’s challenges and restore trust and stability within the Terra ecosystem. Source: https://cointelegraph.com/news/terraform-labs-reopens-shuttle-bridge-destroys-luna-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
HTX Is Latest Exchange to Integrate Fireblocks
Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial step in risk mitigation for over-the-counter transactions in the cryptocurrency market. The collaboration is expected to improve the […] Source: https://news.bitcoin.com/htx-is-latest-exchange-to-integrate-fireblocks/
MAGA memecoin hints at another 'Trump pump' ahead of Bitcoin 2024 conference
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump’s keynote at the upcoming Bitcoin 2024 conference in Nashville. Source: https://cointelegraph.com/news/maga-memecoin-trump-pump-bitcoin-2024-conference?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What is Polkadot 2.0? Polkadot’s Vision for the Future Explained
Polkadot 2.0 is a catch-all term for a new vision for the future of the Polkadot network. Polkadot founder Gavin Wood hopes that Polkadot 2.0 will represent an “agile, ubiquitous, compute resource” once introduced. What is Polkadot 2.0? Although it sounds like a technical upgrade, Polkadot 2.0 doesn’t refer to one specific event. Instead, it’s a collection of changes that…