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New zero-KYC proposal aims to secure P2P crypto transactions

Flyhightechno September 3, 2024News

A Reddit user’s draft proposal aims to prevent MitM scams in P2P cryptocurrency markets by securing transactions without KYC. Source link

WazirX hacker moves $6M in crypto to Tornado Cash

Flyhightechno September 3, 2024News

A wallet address associated with the WazirX hacker has transferred $6.5 million worth of stolen ETH to Tornado Cash as the exchange opens up withdrawals to users ahead of time.  …

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Vega Protocol proposes shutting down chain and launching new token

Flyhightechno September 3, 2024News

The decentralized trading blockchain Vega Protocol says it expects its alpha mainnet chain to stop within the next three months.  Source link

Why is the SEC going after digital art and monkey pictures? Law Decoded

Flyhightechno September 2, 2024News

OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world. Source link

Ethereum layer-1 network revenue collapses. What's causing it?

Flyhightechno September 2, 2024News

Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal. Source link

New Web3 wallet rolls out decentralized crypto inheritance 

Flyhightechno September 2, 2024News

DeTrust Wallet will enable the creation of complex inheritance plans, including designated spending funds. Source link

Crypto whales like Humpy are gaming DAO votes — but there are solutions

Flyhightechno September 2, 2024News

Despite promises of decentralization, DAOs remain at the mercy of large tokenholders whose inactivity can be just as dangerous as their involvement. Source link

Qatar introduces regulatory framework for digital assets

Flyhightechno September 2, 2024News

Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector.  Source link

Monthly NFT sales fall below $400M, marking yearly low

Flyhightechno September 2, 2024News

NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year. Source link

HashKey and Kaia partner to boost Web3 adoption in Asia

Flyhightechno September 2, 2024News

HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with the Kaia-Finschia merger and new mainnet launch. Source link

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