Crypto liquidations hit $10B, 0G launches $88M DeFi AI agent fund: Finance Redefined
0G launched an $88 million ecosystem fund for DeFi AI agents as markets bled more than $10 billion in daily liquidations.
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Terra’s Mirror protocol warns community against governance attack
The attacker launched a public poll on Mirror’s official website, which falsely proposes a freeze on the community pool in case of a scam. If executed as planned, the attacker would receive 25 million MIR tokens. 805 Total views 32 Total shares Public blockchain network Terra has confirmed an ongoing scam attack via an official…

Japanese Financial Watchdog Frowns on Gambling Dapps
New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps. 1398 Total views 33 Total shares Regulators in Japan may be more inclined to approve new virtual currencies for trading if they have greater financial transparency and aren’t involved in gambling Dapps.According to a…

Next House committee chair reintroduces bill on crypto innovation
Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward. 1168 Total views 16 Total shares Own this piece of crypto history Collect this article as NFTNorth Carolina Representative Patrick McHenry, the current ranking member of the House Financial…

Coinbase crypto exchange to close San Francisco headquarters in 2022
Coinbase is taking measures to ensure that no office becomes an unofficial headquarters. 3622 Total views 18 Total shares Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing is its head offices in San Francisco.Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part…

Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200 billion market capitalization mark. Ether/USD price index, 2-day. Source: TradingViewIf Ethereum price were to break above $1,600, it…

Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods
ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release on May 16.The consortium says the system, known as Aura, is designed to “serve the entire luxury industry with powerful product tracking and tracing services.”LVMH brands including Louis Vuitton and…

Winklevoss: Bitcoin Faces Coronavirus ‘Inflection Point’ Amid Oil Woes
Bitcoin (BTC) will see a historic “inflection point” in its life thanks to coronavirus, says entrepreneur Cameron Winklevoss.In a series of tweets on April 12, one-half of the Winklevoss twins who own cryptocurrency exchange Gemini, underlined the importance of Covid-19 for Bitcoin and its users.Cameron Winklevoss: Hodl your BTC“This pandemic will be an inflection point…

Fidelity doubles down on Hong Kong crypto operator
The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. 787 Total views 5 Total shares Fidelity Investments, one of the world’s largest asset managers, has poured more capital into a Hong Kong-based cryptocurrency operator — offering yet another bullish indicator for the evolution of digital-asset markets worldwide. An exchange…