Tag: Altcoin News

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Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official Japanese Debut

  Japan’s upper parliamentary house, the House of Councillors, has approved a legal amendment that will police stablecoin issuance and ensure that only regulated companies are allowed to issue cryptoassets…. Read More: Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official Japanese Debut  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Hacker Used ‘Social Media Data Leak’ to Steal USD 660K in Crypto from 90 Victims – Police

  Police in Seoul, South Korea, have arrested and charged a 30-year-old man after officers reportedly found evidence that he may have stolen some USD 660,000 worth of crypto using data he harvested from a popular social media network…. Read More: Hacker Used ‘Social Media Data Leak’ to Steal USD 660K in Crypto from 90…
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MakerDAO ‘Endgame Plan’ Calls for Specialized DAOs, Says Protocol is Held Back by Complexity

  A detailed proposal to bring the MakerDAO (MKR) protocol to a “predetermined, immutable end state” by setting up several new decentralized autonomous organizations (DAO) has been published by the protocol’s founder Rune Christensen. The plan aims to improve governance and tap into “the raw power of modern [decentralzed finance] (DeFi) innovation.”… Read More: MakerDAO…
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Big Wallets Exited Anchor/UST While Smaller Fish Continued to Invest – Jump Crypto

  A number of bigger Terra (LUNA) ecosystem investors abandoned their positions as the terraUSD (UST) peg began to slip away last month – with smaller-scale investors continuing to buy as the coin’s price plummeted, according to the trading firm Jump Trading Group’s crypto arm Jump Crypto. … Read More: Big Wallets Exited Anchor/UST While Smaller Fish…
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Solana Suffers 5th Outage in 2022, SOL Dives

  The Solana (SOL) blockchain suffered its 5th outage of 2022 on Wednesday after the production of new blocks on the network ceased due to a consensus failure. The blockchain went offline at 16:55 UTC and resumed block production at 21:06 UTC, after more than four hours, according to the official incident report…. Read More:…
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Optimism’s OP Token in Roller Coaster Mode after a ‘Turbulent Launch’

  OP token by Optimism, a second layer scaling solution for Ethereum (ETH), went on a roller coaster following a “turbulent launch” that led to unprecedented demand and caused delays on the Optimism blockchain mainnet…. Read More: Optimism’s OP Token in Roller Coaster Mode after a ‘Turbulent Launch’  Read more »Pay, Trade, Buy Bitcoin with…
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Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin

 … Read More: Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin  Read more »Pay, Trade, Buy Bitcoin with Credit Card

ZEC Stays Flat Despite Major Zcash Update That Boosts Privacy

  Popular privacy coin Zcash (ZEC) has gone through a major network upgrade that brings new features like automatic shielding and unified addresses. While the upgrade marks a major milestone for the privacy coin, investors are ostensibly not excited as the coin’s price is largely flat over the past 24 hours. At 9:19 UTC, Zcash…
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Coin Race: Top Winners/Losers of May; Is Summer Coming for Crypto Holders?

  June is here, summer has arrived, and the outlook for the crypto market has in recent days finally seemed a bit brighter…. Read More: Coin Race: Top Winners/Losers of May; Is Summer Coming for Crypto Holders?  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Terra’s Mirror Protocol Survival Was in Question, Crisis Reportedly ‘Averted’ – UPDATED

  Decentralized finance (DeFi) project Mirror Protocol has been reportedly suffering an ongoing exploit over the past couple of days that allowed bad actors to drain four synthetic asset pools from the protocol, with the potential to drain funds from all other pools in the coming days. Mirror, however, reportedly ‘averted the crisis’. (Updated at…
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