Category Archive: Cryptocurrency, No picture
Over 120 DeFi protocols at risk in suspected Squarespace DNS attack
Key Takeaways Blockaid identified a DNS attack targeting DeFi apps hosted on Squarespace. MetaMask is actively warning users about compromised DeFi applications. Blockchain security firm Blockaid has warned of a possibly widespread domain hijacking incident affecting Compound, Celer Network, and potentially 120 other protocols. According to the report, a new frontend attack was detected today, […]
Chainlink Data Feeds go live on Starknet
Key Takeaways Chainlink Data Feeds are now available on StarkNet, enhancing the platform’s DeFi capabilities. The integration supports cost-effective development with reliable data feeds for StarkNet developers. Oracle network Chainlink has launched its Data Feeds, a secure and reliable data source, on the Starknet mainnet, said the firm in a Thursday press release. The deployment […]
SEC quietly closes investigation into Paxos – no securities charges against BUSD
Key Takeaways The SEC has concluded its investigation into Paxos, recommending no enforcement action. This decision follows a court ruling that dismissed a key securities charge against Binance. The US Securities and Exchange Commission (SEC) quietly concluded its investigation into Paxos, the issuer of the stablecoin Binance USD (BUSD), without recommending any enforcement action, Jorge […]
Binance reportedly in talks to sell majority stake in South Korean exchange Gopax
Key Takeaways Binance plans to reduce its stake in Gopax from 72.6% to 10%. The stake sale is a response to governance structure demands by South Korean regulators. Binance is reportedly in final-stage talks to sell a majority stake in South Korean crypto exchange Gopax to local cloud service provider Megazone, according to a July […]
Compound Finance confirms hack, warns users of phishing from website
Key Takeaways Compound Finance’s primary domain was hijacked, and currently redirects to a phishing site. Despite the website compromise, Compound protocol and smart contract funds remain secure. Compound Labs issued an urgent warning via its official X account at 5:15 AM EDT on July 11, confirming that a hack on their compound[.]finance site has occurred.Compound […]
Bitcoin needs to surpass $58,000 to restore bullish trend
Key Takeaways Bitcoin needs to surpass $58,000 to restore its bullish trend, according to traders. Over 50% of crypto investors remain optimistic about the current bull cycle despite recent corrections. Bitcoin (BTC) still holds the $58,000 price level as a key area to flip its choppy moment, according to the trader who identifies himself as […]
“Web3 will be a fundamental element of all future games,” says OKX exec
Key Takeaways OKX launches GameSphere, offering comprehensive tools for Web3 game developers. GameSphere features include WaaS, APIs, and NFT support for game development and deployment. OKX revealed its launchpad for Web3 games called OKX GameSphere. Launchpads are important as they lower the entry requirements for game developers to navigate and integrate Web3 into their games, […]
Crypto investors majorly bullish despite recent pullbacks: CoinGecko survey
Key Takeaways 49.3% of crypto participants remain bullish despite market pullback post-Bitcoin halving. Investors and builders show more optimism about the crypto market than traders and spectators. Crypto market sentiment has become divided two months after the Bitcoin halving, with no clear consensus. A survey by CoinGecko revealed that 49.3% of crypto participants still feel […]
Governments dump Bitcoin amid market volatility
Disclaimer. This article is an opinion piece. The views expressed here are those of the author and do not necessarily represent or reflect the views of Crypto Briefing.Governments have been selling significant quantities of Bitcoin recently, despite market turbulence. This trend raises questions about the management of government-held digital assets and their impact on crypto […]
Goldman Sachs to roll out trio of tokenization projects by end of year: Report
Key Takeaways Goldman Sachs targets institutional clients with new tokenization projects. The bank wants to differentiate its approach from competitors with private blockchains. Goldman Sachs is gearing up to launch three tokenization projects by the year’s end, targeting major institutional clients, according to a Wednesday report from Fortune, citing Goldman Sachs’ global head of digital […]
