Topic
EthereumBeginnerA stablecoin is a token built to track $1. Its peg holds because anyone eligible can mint or redeem near $1, so arbitrage corrects drift. Backing ranges from fiat reserves to over-collateralized crypto to hedged derivatives.
#defi#regulation#stablecoins
HyperliquidBeginnerA major crypto asset manager has suggested reducing the future issuance of HYPE tokens and community rewards by 45%, aiming to make the token easier to value for investors. According to the proposal, unissued HYPE tokens allocated for future emissions and rewards would be revoked, and the tokens…
#crypto#tokens
EthereumBeginnerCybersecurity firm Hacken faced a significant blow when a leaked private key tied to its minting account allowed an unauthorized actor to create roughly $250,000 worth of its native token, HAI. Within hours, HAI’s value collapsed by nearly 99%, tumbling from approximately $0.015 to a mere…
#hackers#tokens
SuiBeginnerDeLorean, the legendary automaker synonymous with the ‘Back to the Future’ franchise, is steering into the digital age by integrating blockchain technology into its vehicle reservation system. In collaboration with Otherlife, a Web3 creative agency acquired by MoonPay, DeLorean has launched an…
#assets#crypto#nfts
ZKsyncBeginnerThe X account of Ethereum’s layer 2 network, ZKsync, and its developer, Matter Labs, was compromised on May 13, with hackers spreading misinformation. They falsely claimed that the network was under investigation by US authorities, among other misleading messages. The hacked ZKsync-related X…
#hackers#sec#tokens
GeneralBeginnerThe U.S. Securities and Exchange Commission (SEC) is contemplating easing regulations for companies issuing tokenized securities. SEC Commissioner Hester Peirce indicated on May 8 that the agency is considering issuing an exemptive order. This would allow firms utilizing blockchain technology to…
#altcoin#defi#sec
HyperliquidBeginnerBitget CEO Gracy Chen has blasted Hyperliquid’s response to an incident that occurred on its perpetual exchange on March 26 and warned that it might turn into “FTX 2.0.” On that day, Hyperliquid—a blockchain network focused on trading—delisted perpetual futures contracts for the JELLY token and…
#binance#crypto#defi
GeneralBeginnerBinance has announced a significant shift in its token listing process, introducing a community-driven voting mechanism that will empower users to influence which digital assets are made available on the platform. This move reflects a growing trend within the cryptocurrency industry towards…
#binance#changpeng-zhao#crypto
GeneralBeginnerAave has emerged as a leading name in the cryptocurrency world, especially within the DeFi (Decentralized Finance) space. It stands out due to its cutting-edge technology that enables seamless lending and borrowing of digital assets. For those exploring the DeFi landscape, understanding Aave can…
#aave#crypto#daos
GeneralBeginnerSam Bankman-Fried, the disgraced founder of the collapsed cryptocurrency exchange FTX, has broken his two-year silence by posting on social media. This unexpected activity has triggered a significant surge in the price of the FTX token (FTT). Bankman-Fried’s return to the public eye comes after a…
#altcoin#crypto#ftx
GeneralBeginnerOpenSea, the leading non-fungible token (NFT) marketplace, has announced a pause in its recently launched airdrop reward system following significant backlash from its user community. The airdrop, designed to reward loyal users, quickly became a source of contention due to several issues,…
#altcoin#marketplace#nfts
