Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express. Source link
Circle proposes new capital-risk framework for Stablecoins
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto Assets regulatory framework. Source link
Tron network exceeds Ethereum revenue over the past 90 days
According to data from DefiLlama, the Tron network has accrued $1.31 million in network revenue during the past 24 hours alone. Source link
Haun Ventures backs Chaos Labs with $55M Series A funding
Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures, and The Spartan Group. Source link
Multiple arrests made in $14.4M Holograph hack investigation
While the suspects’ names remain undisclosed, the arrests mark a significant step toward justice for the victims of the Holograph hack. Source link
‘No matter how bad it gets, there’s a lot going on with NFTs’: 24 Hours of Art, NFT Creator
“There’s a sense of inevitability” that NFTs are the start of a renaissance in digital art says 24 Hours of Art’s RD: NFT Collector. Source link
New DeFi protocol Nudge aims to unlock hidden value in users’ wallets
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value. Source link
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Source link
WazirX schedules maintenance to restore balances post $234M hack
WazirX’s ability to restore balances and secure assets will shape its future and industry security. Source link
Ethereum supply surpasses 120M ETH as staking, restaking surge
Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards. Source link