Hacks and phishing attacks of different kinds invaded the crypto landscape in the first week of July. As a result, two major stablecoins breached their stable grounds, recording extreme lows on Binance US. On July 9, around 00:00 UTC, the largest stablecoin, Tether (USDT), depegged from its $1 parity and
According to on-chain analyst Lookonchain, Fake_Phishing183873 got 5,434 ETH after swapping 10.2M $USDT received from Multichain through anyUSDT Token address. Additionally, yesterday Fake_Phishing183873 got 67.76 $WBTC ($2.05M) from Multichain to the anyWBTC Token address. Fake_Phishing183873 received 10.2M $USDT from #Multichain: anyUSDT Token address 7 hrs ago and swapped 10.2M $USDT
Mark Lamb, co-founder of OPNX, announced the creation of a credit currency for margin trading on July 5 in a statement. The “phase 1” release of the oUSD currency requires users to put crypto assets into the exchange before they may obtain oUSD. To facilitate potential “bankruptcy remoteness,” Lamb said
Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet. With the code frozen and the auditing process underway, the Primex core team is making significant strides towards the release. With independent auditors expected to complete the auditing process in the next
Hong Kong University of Science and Technology Vice President Cai Wensheng proposed the HKD stablecoin on July 4. The Hong Kong government did not support a similar policy suggestion offered by Wang Yang, Lei Zhibin, and Wen Yizhou. The scholars want to create a stablecoin for the local currency that
In a stunning display of digital prowess, TRON outshines its competition with an impressive 2 million daily active addresses, driving a renewed wave of global interest in its potential. 💥 @trondao continues to dominate the market, in terms of daily active addresess. With over 2 million daily active addresses, #Tron
KoinBX, India’s leading cryptocurrency exchange, made an exciting announcement regarding its platform’s upcoming Verasity (VRA) listing on its official Twitter account. Starting July 6, 2023, at 11:30 AM (UTC), users can easily deposit, withdraw, and trade VRA. 🚩 KoinBX | New Listings 🚀 Verasity (VRA) (@verasitystech) will be listed on
As part of its plan to leave the Ethereum ecosystem by the end of 2023, the DYDX Foundation, the non-profit behind the famous DEX, dYdX, has preponed the launch of the public testnet of its Cosmos-based blockchain. The Foundation has announced that the testnet will launch on July 5, sooner
Shiba Inu (SHIB), the popular dog-themed memecoin, becomes the top-held cryptocurrency among the 100 Ethereum (ETH) whales. The memecoin has gained significant attention in recent months and has skyrocketed in popularity among Ethereum’s Top 100 Whales. According to the Whalestats report, the top 10 ETH whales hold 49,621,465,093,470 (49.62 trillion)
ERC20 tokens are a standardized framework for creating and implementing smart contracts on the Ethereum blockchain. These tokens, exclusive to Ethereum, embody a set of guidelines that cryptocurrencies can adhere to, facilitating seamless interaction within the Ethereum ecosystem. The principal objective of ERC20 tokens revolves around their compatibility with smart
