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Decentralized exchange LeetSwap, which operates on Coinbase’s Base network has announced a pause on trading, citing concerns of a potential exploit.LeetSwap tweeted on Aug. 1 that it noticed some of its liquidity pools may have been compromised and temporarily stopped trading to investigate. In a subsequent update, the exchange said
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This week, government agencies intensified their enforcement actions against fraudulent crypto activities, responding to a rise in hacking incidents, scams, and fraud. One notable case involved the hacking of CoinsPaid. Alongside these developments, regulatory initiatives remained in focus, with the passage of a pro-crypto bill in the US Congress garnering attention. Crypto
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two United States lawmakers have written to Apple CEO Tim Cook, raising concern about how the company’s guidelines may restrict crypto and NFTs. Congressman Gus Bilirakis of Florida and his Illinois counterpart Jan Schakowsky, on July 28,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.K. Parliament is currently reviewing the Online Safety Bill (OSB) as a means of internet regulation. If approved, the government would be authorized to mandate messaging companies to create backdoors and require detailed reports of users’ online
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The low circulating supply is because the project wants to create "a network of as many human beings as possible – and to achieve this, the majority of the WLD token supply will be given to new and existing users over the years to come," it said. Worldcoin expects the
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Buterin argues first that scanning one's iris could potentially release more information than intended. For instance, if someone else scans a World ID holder's iris, they can run it against the Worldcoin database to determine – at the very least – whether that person is in the system. In addition,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The bear market has taken a toll on many projects, especially those whose valuations were inflated by hype and easy liquidity during the quantitative easing era. As the bear market comes to a close and the bull
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ProShares, the issuer of the first U.S. bitcoin futures-linked exchange-traded fund (ETF), said concerns that costs associated with trading of the derivatives would lead to tracking errors are unfounded. The ProShares Bitcoin Strategy Fund began trading on the New York Stock Exchange in October, 2021, allowing investors to gain exposure
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From the very beginning, observers speculated BITO and other futures-based ETFs would significantly underperform bitcoin due to costs associated with rolling over, or selling expiring futures contracts and buying the next set. Usually, longer-dated futures contracts trade at a premium to those closer to expiry, a condition known as contango.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Pamonex.com, a flashy crypto website, raises scam concerns as it lures users with promises of trading and services, posing a risk to their funds. The Pamonex site advertises an array of lucrative crypto services, including trading,
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