Apple has restricted NFT functions within the highly-popular Coinbase Wallet on iOS, demanding a 30% cut of gas fees associated with token transfers. According to a tweet from the official Coinbase Wallet Twitter account, Apple has blocked the latest version of the non-custodial wallet on iOS – demanding that developers disable the ability to send NFTs in the app. …...
Bybit, a well-known crypto derivatives exchange, has launched a support fund for its institutional clients at a fitting time for the crypto industry. It has announced a $100 million fund that’ll help institutional traders and market makers facing financial difficulties to stay afloat. The crypto sector is facing tough times propelled by the recent collapse of FTX, a top-five crypto exchange. …...
Genesis creditors have banded together to coordinate expert legal representation, in the hopes of arriving at an amicable resolution with the digital asset company. Genesis is under fire after cutting off customer access to their deposits this month, following FTX’s bankruptcy. An assembled group of creditors already has more than $700 million represented, making up a …...
DeFi protocol Curve has released its stablecoin whitepaper via GitHub today, at last providing some more details on their long-awaited stablecoin, suspected to be named crvUSD. The whitepaper includes new insight into a brand new innovation known as “lending-liquidating AMM algorithm” or “LLAMMA” – a mechanism designed to improve upon the clunky liquidation mechanisms of stablecoin competitors. Many questions …...
The United States Congress has decided to launch an investigation into Binance, citing it had a role in the downfall of FTX. This is much to the dismay of many crypto enthusiasts who seem to think Changpeng Zhao (CZ), CEO of Binance, was some kind of savior for the crypto community. But the question is, …...
The recent market crash seems to have woken up a few Bitcoin whales which had been in a decade-long hibernation. On Friday morning (ET), a BTC wallet that had been inactive since 2011 suddenly started sending BTC. 3500 “sleeping bitcoins” (approximately $60 million) were moved for the first time in 11 years to a new address, …...
LayerZero Labs, an on-chain user application protocol, has launched a blockchain bridge called Aptos Bridge. According to the team, the bridge will allow its users to transfer Ethereum, USDC, and USDT from Ethereum, Polygon, BNB Chain, Avalanche, and Optimism to Aptos.The developers warned that not all the bridge’s functions will be available in the first interaction of the update. “Aptos launching as an entirely new ecosystem means …...
Solana DeFi derivatives exchange Mango has suffered a $100 million exploit, involving the manipulation of a price oracle. The hack is one of several in less than a week, just a matter of days after a similar amount was stolen from BNB Chain and two months after a major Solana wallets hack. What exactly happened? The Mango exploiter appears to have …...
GM. This is the Milk Road. They say Saturdays are for the boys. Well, this week we say Sunday is for the Milk Road Weekly Recap. Let’s dive in! CRYPTO’S TOP FIVE MOMENTS OF THE WEEK Ladies & gents, that’s another week in the crypto books. Just in case you missed anything this week, we’re bringing …...
Join 290,000+ subscribers and get our 5 min daily newsletter on what matters in crypto.
