According to data from Switzerland-based investment adviser 21e6 Capital AG, on average, crypto funds generated returns of 15.2% in the first half of 2023, but BTC saw gains of around 84%.Continue Reading on Coin Telegraph More
In exchange for returning the funds that were stolen on July 30, the hacker received a 610.6 ETH ($1.1 million) bounty. Continue Reading on Coin Telegraph More
Joe Biden and Donald Trump currently have healthy leads in the 2024 presidential polls among members of their respective parties. Both of them are “favorable toward exploring CBDC,” echoing conclusions drawn by Forbes earlier this year.Continue Reading on Coin Telegraph More
The picture is now very different. Another dominant force in the market has attracted the vast majority of venture funding over the past year: artificial intelligence large language models (LLMs).Continue Reading on Coin Telegraph More
On Aug. 3, Polygon Zero published a long blog post saying it believed Matter Labs copied what they described as “performance-critical components” of their zero-knowledge system called “Plonky2.” The code was seen on Matter Labs’ recently-released proving system dubbed “Boojum,” without attributing the code’s original authors, according to Polygon Zero. Continue Reading on Coin Telegraph More
The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million loan taken out by the Curve founder against the platform’s native Curve DAO (CRV) token. Several lending protocols have rushed in with new governance proposals to minimize CRV exposure risks as the token price fluctuates. On Aug. 3, the native stablecoin of the ecosystem crvUSD depegged due to market conditions. Continue Reading on Coin Telegraph More
This attack exposed vulnerabilities across DeFi projects and sparked efforts to recover stolen funds over the past few days. Continue Reading on Coin Telegraph More
The central bank attributed the falling interest in crypto to negative sentiment linked to fraud and insolvency among major market participants, “unwise” investments that have already been made, crypto’s links to money laundering and “the increasing link of crypto-asset companies to the supervised financial sector participants.” Continue Reading on Coin Telegraph More
