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Taiwanese trading firm Kronos Research hacked for estimated $25 million: ZachXBT

Taiwanese trading firm Kronos Research hacked for estimated $25 million: ZachXBT

Kronos paused trading activity following the attack, which in turn led to problems on the Woo X exchange where it serves as a market maker.

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Five top crypto stories this past week: ETF updates, Terraform Labs’ reemergence, why transactions surged on one L2, and more

Why did transactions spike on Polygon? What’s Terra’s plan post-Do Kwon? And why did South Korea buy Coinbase shares? Read on to find out.

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dYdX’s insurance fund lost $9 million as a result of ‘targeted attack’: CEO

The attack involved “market manipulation of the entire $YFI market,” according to dYdX’s CEO, and investigations are underway.

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Proving you’re human: Internet Computer app OpenChat to test facial recognition

Decentralized app Modclub will help OpenChat with content moderation while also launching a facial recognition trial.

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Fidelity files for spot Ethereum ETF, says approval would be ‘major win’ for US investors

Investment giant Fidelity has filed for a spot ether ETF, in the footsteps of its spot bitcoin ETF application.

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Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto

Go to Source Author: Nick Baker

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Worldcoin price drops 6% after Sam Altman unseated as OpenAI CEO

The Worldcoin cryptocurrency token’s price fell after the news that Sam Altman was removed from his CEO role.

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OpenAI Ousts Sam Altman From CEO and Board Roles; Worldcoin Drops 12%

Artificial intelligence (AI) company OpenAI ousted Sam Altman as CEO and from the board, the board of directors announced in a blog post Friday.

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FTX creditor claims increase to as high as 65 cents on the dollar

Claims for those who lost money with FTX are rising in value as the recovery outlook continues to improve.

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Disney Does NOT ‘Partner’ With Crypto Companies

Language matters and crypto continues to play fast-and-loose with it, to its long-term detriment.

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