Cointelegraph By Tom Blackstone
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Bitget, Floki teams accuse each other of manipulation after token listing
Cointelegraph By Tom Blackstone - 0
The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according to an October 31 social media post from the Floki team and a blog post from...
Tether attestation shows cash and cash equivalents of 86% as loans decline
Cointelegraph By Tom Blackstone - 0
The reserves for stablecoin issuer Tether contained approximately 86% cash and cash equivalents as of September 30, according to a new attestation report from accounting firm BDO. This is the highest percentage of cash and cash equivalents that have ever made up Tether’s reserves.Tether today releases its attestation...
Crypto funds see largest weekly inflows in more than a year: CoinShares
Cointelegraph By Tom Blackstone - 0
Crypto exchange-traded products (ETPs) saw their largest weekly inflows in more than a year, according to an Oct. 30 report from asset management platform CoinShares. Inflows were $326 million for the week ending Oct. 27, dwarfing the $66 million recorded over the previous week. Digital asset investment products saw...
PancakeSwap adds portfolio manager function in partnership with Bril
Cointelegraph By Tom Blackstone - 0
Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an October 30 announcement. The feature has been added in partnership with decentralized finance (DeFi) protocol Bril Finance. The new feature allows PancakeSwap users to deposit tokens into single-asset vaults via the exchange’s user interface. Once the tokens...
9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’
Cointelegraph By Tom Blackstone - 0
A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint statement from Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router on Oct. 27 called the token’s standard “a vendor-locked proprietary standard,” claiming that it limits the...
CryptoPunk holders offered physical versions of their NFTs for 48 hours
Cointelegraph By Tom Blackstone - 0
Holders of CryptoPunk non-fungible tokens (NFTs) are being offered the chance to obtain physical prints of their digital art items, according to an October 26 announcement. The items are being offered as part of a partnership between online art store Avante Art and CryptoPunks brand owner Yuga Labs....
dYdX publishes its open-source code in anticipation of phased mainnet launch
Cointelegraph By Tom Blackstone - 0
Crypto exchange dYdX has published the open source code for its new Cosmos-based network of the same name, according to an October 23 blog post. The new code includes the “protocol, order book, front-end, and more,” the post stated. The publication of the code is intended to pave...
Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October 24 blog post. Withdrawals “are currently available to nearly all Wallet customers,” the post stated, adding that Blockfi Interest Account (BIA) and Loan customers will be...
Base network launches 8-week training course for blockchain developers
Cointelegraph By Tom Blackstone - 0
On Oct. 20, the Ethereum layer-2 Base network announced that it’s launching an eight-week training course to turn traditional software developers into blockchain developers. Called “Base Bootcamp,” the new program doesn’t cost anything to attend. However, it’s designed for “mid to senior level Software Engineering individual contributors,” and...
Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam
Cointelegraph By Tom Blackstone - 0
On Oct. 10, the development team for gaming project FinSoul carried out an alleged exit scam, siphoning away $1.6 million from investors through market manipulation, according to a recent report from blockchain security platform CertiK shared with Cointelegraph. The FinSoul team allegedly hired paid actors to pretend to be...