dYdX founder claims targeted attack led to $9M insurance claim

DYdX founder Antonio Juliano said the decentralized exchange and the Yearn.finance token are victims of a targeted attack.

dYdX founder claims targeted attack led to $9M insurance claim

Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov. 17. According to dYdX founder Antonio Juliano, the losses result...

10 months ago

Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

CoinDesk was owned by the Digital Currency Group, which acquired the media company in 2016 for $50 million. It’s new owner is headed by former New York Stock Exchange president Tom Farley.

Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

Crypto media platform CoinDesk was acquired by crypto exchange Bullish on Nov. 20, according to a report published in the Wall Street Journal (WSJ). The crypto exchange is he...

10 months ago

Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers

https://cointelegraph.com/news/ripple-james-wallis-underscores-cbdc-role-in-breaking-financial-barriers

Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers

James Wallis, Ripple’s vice president for central bank engagements and central bank digital currencies (CBDCs), has highlighted the role of CBDCs in advancing global financial in...

10 months ago

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

The board of directors removed Altman on the grounds that he was allegedly “not consistently candid in his communications with the board.”

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO

ChatGPT developer OpenAI has removed founder Sam Altman from his CEO position, according to a Nov. 17 blog post. Chief technology officer Mira Murati will be promoted to interim CEO. A...

10 months ago

Bitcoin-friendly Javier Milei wins Argentina presidential election

Milei won over 55% of the votes, with 99% of the votes counted in the run-off presidential election.

Bitcoin-friendly Javier Milei wins Argentina presidential election

Argentina’s Bitcoin-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa. With almost 99% of the votes co...

10 months ago

Free-to-play Web3 games hold the key to mass adoption — YGG co-founder

Gabby Dizon, the co-founder of Yield Guild Games, says a renewed focus on free-to-play gaming will help boost Web3 game adoption.

Free-to-play Web3 games hold the key to mass adoption — YGG co-founder

2024’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being entirely free-to-play to attract players, says Yield Guild Games co-founder Gabby Dizon. ...

10 months ago

Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’

The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado, where the suit was filed.

Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’

The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100-million hack, arguing the claims should’ve been filed in Estonia...

10 months ago

Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’

Liquidity protocol Aave’s parent company has been rebranded to Avara as it looks to streamline its suite of infrastructure products to attract a broader Web3 user base.

Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’

Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3 ecosystem. Stani Kulechov, founder and CEO of Avara (...

10 months ago

Microsoft, Tencent and other tech giants join Decentralized Infura Network

Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant.

Microsoft, Tencent and other tech giants join Decentralized Infura Network

Microsoft, Tencent and 16 other Web2 giants have partnered with Consensys on its mission to decentralize the Infura network — the key point of access to Ethereum for much of the decentrali...

10 months ago

Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins

Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%.

Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins

Crypto firm Bakkt appears to be returning to digital asset custody as its primary business, adding support for six new coins, according to an announcement on Nov. 15.  A...

10 months ago

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