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dYdX Introduces Layer 1 Blockchain Network with USDC As Distribution Mode for All Fees
October 27, 2023
In a major move, the dYdX Foundation has launched their Layer 1 blockchain network, marking a significant development in the expansion of the utility of the DYDX token. This step …
Read moreGemini Files Lawsuit Against Genesis Over $1.6B in GBTC Shares
October 27, 2023
The renowned cryptocurrency exchange, Gemini Trust Co, has recently lodged a lawsuit against the financially strapped digital asset lender, Genesis Global Capital as of October 27th. The intention behind the …
Read moreFLOKI Coin Strikes Massive Gain, Fueled by TokenFi Launch
October 27, 2023
FLOKI, a memecoin inspired by the name of Elon Musk's pet, has witnessed an impressive price surge in the past week with a 140% increase, placing it ahead in the …
Read moreCommunity Backlash Manifests Over Unapproved Lido DAO wstETH Bridge Rollout by LayerZero
October 27, 2023
LayerZero's recent rollout of a wstETH bridge on AVAX, BNB, and Scroll has been disapproved by the Lido DAO, the largest liquid staking provider accounting for over $15 billion in …
Read moreProactive Steps Against AI Risks: OpenAI Forms Preparedness Team
October 27, 2023
In a move to counter potential catastrophic dangers from AI, OpenAI is creating a team dubbed 'Preparedness' to address a wide range of AI-related safety risks. OpenAI, the creator of …
Read moreRise in Phishing Campaigns Targeting Crypto Hardware Wallet Users
October 27, 2023
Users of the cryptocurrency hardware wallet, Trezor, have reported a recent surge in phishing emails directing them to fraudulent websites. Community members, concerned about potential data breaches, suggest the phishing …
Read moreTaiwan's First Reading of Virtual Asset Bill Begins
October 27, 2023
On Oct. 25, legislators in Taiwan introduced a Virtual Asset Management Bill to parliament. It aims to provide 'better protection' for customers and 'properly supervise' the industry, marking the initial …
Read moreBitcoin Achieves all-time Highs in Argentina, Nigeria, and Turkey
October 27, 2023
Bitcoin, the world's leading cryptocurrency, has reached new highs against some of the world's most inflationary fiat currencies despite being down over 50% from its peak against the U.S. dollar. …
Read moredYdX Readies for v4 with Code Open-Sourcing and Blockchain Transition
October 27, 2023
Decentralized exchange dYdX, currently with a Total Value Locked (TVL) of over $353 million, is getting ready for a significant transition. The team is open-sourcing its code, a common practice …
Read moreNFT Artists Pay $1.6M to Yuga Labs in Lawsuit, Scammers Simulate Crypto Sites
October 27, 2023
In recent crypto developments, two non-fungible token (NFT) artists, Ryder Ripps and Jeremy Cahen, have been ordered to pay Bored Ape Yacht Club creator Yuga Labs $1.57 million over a …
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