As the Shanghai upgrade inches closer, experts are anticipating a new era of ETH staking. On the other hand, Mango Markets has filed a lawsuit against its exploiter, Abraham Eisenberg. Let’s dig deeper.
Bitcoin
The design of the proposed Bitcoin City Won the prestigious LOOP Design Award in the Landscape/Urban Design category in El Salvador.
The country’s president, Naib Bukele, took to Twitter to make the announcement $800 billion bond was paid with interest and his country’s “Bitcoin bet” continues.
Electric car maker Tesla continues to beat its estimates, according to the company’s latest earnings report. 9720 BTC for the second quarter in a row.
Ethereum
Ethereum developers have successfully launched the first “Shadow Fork“The Shanghai Upgrade of the Network.
DeFi
The mango market has been slapped $47 million lawsuit Avraham Eisenberg, the man behind the attack on the Solana-based DeFi protocol.
DeFi lending protocol unveiled by Aave Remove bad debt Accumulated after a useless trade by Abraham Eisenberg.
Approved by the MakerDAO community proposal To use approximately $100 million dollars of USDC funding per year.
DeFi smart contract blockchain platform Injective announces a $150 million ecosystem fund To promote the creation of interactive infrastructure and DeFi in Cosmos.
from previous year’s funds Wormhole Bridge Attack has been moved, with transaction data indicating $155 million worth of Ethereum is being transferred through a decentralized exchange.
Decentralized lending and borrowing protocol Aave is in the midst of voting to use it. Third iterationv3, on the Ethereum blockchain.
Altcoins
Binance’s BUSD stablecoin has seen sharp decline In market capitalization, its circulating supply fell to $15.4 billion on Wednesday.
The Cardano network faced Short outage On Sunday, between block 8300569 and block 8300570 and affected more than 50% of the network.
has become stellar The newest member of the United States Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee (GMAC).
Technology
After the success of artificial intelligence language models, ChatGPTInterest in AI has now spread to the crypto space.
North Korean hacking group TA444 is primarily targeting crypto, but security researchers say it’s getting started. Phishing attacks Aimed at other targets.
business
Bankrupt cryptocurrency lender BlockFi Accidentally exposed A previously redacted copy of its balance sheet indicating more than $1.2 billion in assets associated with FTX and Alameda Research.
Coinbase’s Chief Product Officer, Surojit ChatterjeeHe will cash in a portion of his company stock on his last day for a $105 million exit package.
London-based cryptocurrency exchange, Luno, informed its employees on Wednesday 35% layout of its global workforce.
Binance crypto exchange mistakenly stored client funds Same wallet Used to store collateral for its Binance-pegged tokens.
Cryptocurrency exchange is Gemini leaving More employees citing ‘bad actors’ in the crypto industry, i.e., 10% of its workforce.
Binance partner Signature Bank advises doing so No longer supported SWIFT transfers of less than $100,000 for exchange users.
Regulation
In the UK, the Financial Conduct Authority (FCA) has only given regulatory approval so far. 41 of 300 Crypto-related companies that have applied to register with the agency.
According to this Philip HammondEx-Chancellor of Exchequer, Britain is in danger of falling behind other countries in the crypto race and needs to increase its risk appetite.
A year after the crypto sector experienced some of the worst turmoil in its short history, the White House has seen fit to publish a blog. A roadmap for stabilization area.
Arizona State Senator Wendy Rogers introduced two bills to do so Bitcoin legal tender Allow states and state agencies to accept bitcoin.
said Republican Senator Richie Torres Crypto can be good For his South Bronx community, however, it requires a comprehensive regulatory framework.
European Union (EU) lawmakers voted and approved on Tuesday Draft Law This will see banks in the bloc that hold cryptocurrencies adopt more stringent measures.
In a conference speech last Friday, SEC Commissioner Dr Hester Pierce gave a speech in which he recommended that the crypto industry needs to apply the lessons learned so far.
NFT
NFT collection Azuki official The Twitter account was compromised Friday afternoon, resulting in a deal worth $750,000 of USDC
The creator of the Moonbirds NFT collection, Kevin Rose, has lost $1 million in NFTs. Wallet exploitation.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
