Category: Uncategorized

Crypto Futures Show Bias for Uniswap's UNI Token After Curve Finance Exploit
UNI perpetual futures trade at 20% premium as traders expect Uniswap to gain even more market share after the CRV exploit, one research head said.

SEC Asked Coinbase to Stop Trading in all Cryptocurrencies Other Than Bitcoin Before Suing: Report
The United States Securities and Exchange Commission (SEC) asked cryptocurrency exchange Coinbase to stop trading in all cryptocurrencies other than bitcoin (BTC) prior to suing the exchange, according to a report of the Financial Times.

SEC Told Coinbase to Stop Trading in all Cryptos Except Bitcoin Before Suing: FT
The U.S. Securities and Exchange Commission (SEC) had asked Coinbase (COIN) to stop trading in all cryptocurrencies other than bitcoin (BTC) prior to suing the crypto exchange, according to a Financial Times report.

First Mover Asia: Bitcoin Climbs Back to .4K; Crypto's Correlation With Tech May Return
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What’s behind Russia’s mining boom?

Bitcoin Dips Below .2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink
BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.

Curve Finance Exploit Puts 0M+ Worth of Crypto at Risk; CRV Token Tumbles
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. Several stablecoin pools on the platform — used for pricing and liquidity on a number of different DeFi services — have been drained by hackers so far.

Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.

AWS-Reliant Blockchains Won’t Bring Transparency to AI

Sam Bankman-Fried's Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
Sam Bankman-Fried’s repeated efforts to contact witnesses and influence their testimony shows that “no combination of conditions will reasonably assure the safety of the community,” prosecutors said in a written filing calling for his bond to be revoked.

Meta Hopes to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains “fully committed” to the metaverse and AI.