September 6, 2023

CertiK Names the Reason for DNS Hijacking on DeFi

Millions of digital assets have been stolen by cyber adversaries via DNS hijacking attacks for phishing purposes, targeting users’ wallet seed phrases, or creating deceptive webpages that closely resemble legitimate sites. Attacks on Domain Name Systems (DNSs) play a crucial role in the internet’s infrastructure, providing insights into security incidents in Web 2 that have...
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Cathie Wood’s ARK, VanEck File for First U.S. Ether Spot ETF

Cathie Wood’s asset management firm, ARK Invest, has filed for the United States’ first Ether (ETH) spot ETF weeks after regulators placed the company’s Bitcoin ETF application on the backburner. Fellow investment manager VanEck has submitted a similar 19b-4 application, starting the clock for when regulators must approve or deny each submission. Ark’s Ether ETF...
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Coinbase Launches Crypto Lending Services to American Investors (Report)

The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors.  The move could signal the company’s willingness to strengthen its position in America despite the regulatory uncertainty and the issues with local watchdogs. Recall that the US SEC filed a lawsuit against Coinbase in June, accusing the trading...
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Something’s Close to an ATH But It’s Definitely Not What You Think

With crypto market apathy in full effect, decentralized finance (DeFi) activity has plummeted across the board in 2023 – all but in one sub-sector. Liquid staking protocols are approaching an all-time high in total value locked (TVL), having appreciated nearly 293% since their June 2022 lows. The Rise of Liquid Staking According to DeFiLlama, liquid...
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Ripple Expands Blockchain Research Initiative In Europe

Ripple announced on Monday that it has added four new European institutions to its University Blockchain and Research Initiative (UBRI). The partner universities will help promote blockchain research and education across the region. According to Ripple’s announcement, the new universities include Trinity College Dublin (Ireland), EPITA (France), IE Madrid (Spain), and the University of Trento...
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USDC Launches on Base And Optimism

On the 29th of August, Jeremy Allaire – the CEO of Circle, the company that mints and holds governance over USDC – announced that the popular stablecoin would be coming to Base and Optimism within a week. The launch was part of Circle’s plan to improve the utility of USDC by bringing the stablecoin to...
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Bitcoin BSC Coin Presale Launched – Raises $30K First Day As 20,000% Staking APY Draws Investors

While Bitcoin’s price is struggling, a new, more scalable alternative, Bitcoin BSC, is quietly brewing a storm after raising $30K in just over 24 hours. It is a new cryptocurrency tackling several of Bitcoin’s main issues, all while rolling back time to 2011 when Bitcoin’s price was just $0.99. Bitcoin BSC is built on the...
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Consensys Goes for Builder Nights Tour 2023 to Tackle Account Abstraction and More

Typically, in order to interact with Ethereum, participants have to use the so-called Externally Owned Accounts (EOAs). Today, EOAs are the only way to initiate a transaction or execute a smart contract. Naturally, this puts certain limitations on the way users can interact with the network. A simple example would be that it makes it...
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This is Why Marathon Digital Mined Less Bitcoins in August

Bitcoin mining company Marathon Digital Holdings announced producing 1,072 BTC in August, which represented a drop of 9% from the previous month due to extreme weather conditions in Texas. Despite the decrease in Bitcoin production, the figure is still five times more than in August of last year. Marathon’s Bitcoin Production: August Edition In its...
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Binance Will Delist These Cryptocurrencies Starting September 8

Binance will be removing several spot trading pairs in an effort to maintain a high-quality trading market and protect its users. This decision was made following periodic reviews of all listed spot trading pairs, considering liquidity and trading volume factors. Binance has announced that from Sept. 8, it will stop trading on various spot trading...
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Big Deal? G20 Chair India Confirms Active Discussions for Global Crypto Framework

Under India’s Group of 20 (G20) presidency, the country is finally gearing up to provide the much-anticipated clarity around crypto regulation. As India prepares to preside over the upcoming G20 summit for the first time, the regulation of cryptocurrencies is poised to be a significant focal point. Ahead of the gathering of the world’s most...
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Château EDMUS invents NFT wine allocations

[Press Release – Paris, France, September 6th, 2023] Château EDMUS remains in the cutting age of innovation. After a successful experiment with a first NFT Sale in 2022, the estate run by Laurent David, a new winegrower with a passion for innovation and President of La WineTech, is creating a new concept in the industry:...
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XRP Price Prediction: Analyst Anticipates Dip to $0.28, Then Surge to $1

XRP stands at a pivotal crossroads. A comprehensive assessment by Poseidon, a well-acknowledged crypto pundit, offers insights into the coin’s future trajectory. With the recent turbulence, where does XRP go from here? Let’s break down Poseidon’s prediction and analysis. A Look Back at XRP’s Performance In its heyday, XRP stood out among its peers, experiencing...
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Binance is Saved: CZ Jokes About Rumors of Jim Cramer Endorsement

Changpeng Zhao – CEO of Binance – dismissed the speculation that the popular TV personality Jim Cramer declared his approval of the largest cryptocurrency exchange.  Some crypto proponents joked that this is actually good news for the trading venue, considering Cramer’s controversial statements and predictions in the past. The host of CNBC’s “Mad Money” has...
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Lido on Solana Seeks $1.5 Million Financial Aid to Continue Operations

The team behind the Lido on Solana project is struggling to meet its initial objectives and is looking to the community to fund the project with $1.5 million for growth and development. However, its staking solution on the Solana network could cease if the project does not get financial assistance. A $1.5 Million Budget to...
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Nima Capital Dumps 9M SYN Tokens Sparking Rug Pull Concerns

Decentralized finance (DeFi) cross-chain bridge Synapse revealed that a liquidity provider dumped 9 million SYN tokens, which crashed the price of the native token by over 22% from $0.4 to $0.31 on September 5th. The price has since recovered, and SYN is currently trading at $0.36. The project confirmed that there was no security breach...
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Coinbase Layer-2 Base Suffers First Major Outage Since Launch

On Sept. 5, a ‘Base chain stall’ was reported on the network status tracker. At 21:36 UTC the tracker reported that it was investigating a stall in the production of blocks. “Users may have issues submitting transactions,” it stated before adding that it was actively investigating the issue. Around 20 minutes later it had identified...
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Coming Soon: Higher Maker Fee Rebates for All Tether – Margined Contracts

From 7 September at 00:00 UTC, our Legacy Maker Fee rebate of 0.02% will be reintroduced to all BitMEX users, giving them a significant opportunity to trade Tether – margined contracts and bypass the maximum rebate amount of 0.0125% currently in place. A detailed view of the fee structure on BitMEX can be viewed on...
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PUBG Creator Krafton to Launch Cosmos-Based Chain to Boost Creator Economy

Krafton, the prominent South Korean video game company renowned for games such as PUBG: Battlegrounds, is making its foray into the blockchain realm with Settlus. Built on the Cosmos platform, Settlus is a blockchain specifically designed to streamline transparent settlement processes for content creators. According to the website, the testnet is slated for launch in...
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Bitcoin (BTC) $ 95,845.68 1.56%
Ethereum (ETH) $ 3,579.98 2.79%
XRP (XRP) $ 2.54 6.80%
Tether (USDT) $ 1.00 0.11%
Solana (SOL) $ 223.85 2.60%
BNB (BNB) $ 643.86 1.16%
Dogecoin (DOGE) $ 0.407103 6.43%
Cardano (ADA) $ 1.21 0.30%
USDC (USDC) $ 1.00 0.16%
Lido Staked Ether (STETH) $ 3,581.04 2.69%