Australia’s securities regulator said two-thirds of Gen Zs are using social media to make decisions about their financial future, leading to “riskier” financial decisions. Read More at https://cointelegraph.com/news/asic-warns-ai-finfluencers-gen-z-crypto-23-percent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
WLFI investors nod 6-month token lock-up rule in governance tweak
WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal. Read More at https://cointelegraph.com/news/wlfi-governance-vote-passes-stake-lock-up-incentives?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US ban on stablecoin yield could see others fill the void: Ledger exec
Ledger’s Asia-Pacific lead, Takatoshi Shibayama, has added his take as crypto and banks continue to debate whether to allow third-party platforms to offer stablecoin yields. Read More at https://cointelegraph.com/news/us-stablecoin-yield-ban-see-others-fill-void?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
72% of subsea cables need to fail to impact Bitcoin, study shows
The past 11 years have shown that Bitcoin has been resilient to random intercontinental subsea internet cable failures, but could be susceptible to targeted attacks. Read More at https://cointelegraph.com/news/72-percent-submarine-internet-cables-will-need-to-fail-to-impact-bitcoin-study?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Embattled crypto lender BlockFills files for bankruptcy in US
BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing poor crypto market conditions. Read More at https://cointelegraph.com/news/embattled-crypto-lender-blockfills-files-bankruptcy-us?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aave to launch ‘Aave Shield’ after $50M token swap mishap
In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE. Read More at https://cointelegraph.com/news/aave-roll-out-aave-shield-after-50m-user-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CLARITY Act risks handing crypto to centralized players: Gnosis exec
The legislation assumes that all crypto activity must pass through financial intermediaries licensed by the US government, warns Gnosis co-founder. Read More at https://cointelegraph.com/news/clarity-act-hand-crypto-centralized-player?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Venus Protocol hit by $3.7M in ‘supply cap’ attack
The threat actor manipulated the platform by using Thena tokens to bypass the maximum supply cap and borrow several different digital assets. Read More at https://cointelegraph.com/news/venus-protocol-3-7-million-supply-cap-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik Buterin promotes an update simplifying Ethereum node software
The blockchain co-founder said the goal is to make the “self-sovereign” method of Ethereum users running their own nodes a user-friendly experience. Read More at https://cointelegraph.com/news/vitalik-buterin-simplify-ethereum-node?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price teases key support reclaims with weekly close above $70K
Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line. Read More at https://cointelegraph.com/news/bitcoin-price-teases-key-support-reclaims-weekly-close-above-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound