McCorry said there’s a “chicken and egg problem” in setting up decentralized governance structures. In the case of Arbitrum, “certain parameters need to be decided” ahead of time, including the structure of a “security council” […]
BNB Chain pool Cross-chain solutions provider Allbridge has been hacked for $570,000, according to blockchain security firm Peckshield. Peckshield first identified the hack and notified Allbridge about the possible manipulation of its swap-related formula. According to the […]
Tron Network founder Justin Sun has denied Bloomberg’s report that Huobi Exchange is looking for a stake buyer. The crypto entrepreneur is under intense regulatory scrutiny from the U.S. SEC and recently lost his WTO ambassadorship. In an […]
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without appropriate […]
The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.” Cramer cited former regulator Timothy Massad, who previously served as […]
Those tokens would fund a “special grants” program meant to foster growth on Arbitrum, the Ethereum layer 2 that airdropped its governance token ARB just last week. But ARB holders would not get a say […]
Binance.US users would experience issues depositing and withdrawing US dollars (USD) on the platform because of the recent banking crisis bedeviling the crypto industry, according to the exchange’s status page. According to the page, users […]
First, why did the inflation hedge thesis lose credibility? Well, people saw inflation rising rapidly in late 2021 and early 2022, just as bitcoin’s price quickly fell. Ergo, bitcoin wasn’t an inflation hedge. Many critics […]
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