DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve
The exploiter created 58 million of the protocol's CVG token and then swapped for roughly $200,000 worth of wrapped ETH and crvFRAX and forwarded to Tornado Cash.
Bitcoin Price Analysis, Big XRP Rumor, Chainlink Adoption, & more!
Another exciting week for crypto is in the books, with XRP's recent price surge sparking speculation about a potential settlement between Ripple and the SEC. Meanwhile, the SEC might pause its claims that SOL, ADA, and MATIC are unregistered securities, and 21Shares has integrated Chainlink Proof of Reserve to enhance transparency for its Ethereum ETF. Let's dive into the top crypto news stories of the week!
Crypto Exec Pushing for Industry Support of Kamala Harris for President
The former CEO of crypto platform Uphold, J.P. Thieriot, is trying to drum up crypto support for Vice President Kamala Harris as she pursues the Democratic nomination in the presidential election, arguing that former President Donald Trump is offering empty promises to the industry and Harris is signaling a new openness.
EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA
The European Securities and Markets Authority released an opinion to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesd...
Crypto Exec Pushing for Industry Support of Kamala Harris for President
J.P. Thieriot, a board member and ex-CEO of Uphold, backs the vice president in her U.S. presidency bid and says he's hoping to build a digital assets advocacy for the Democra...
Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The crypto market pulled back from the first-quarter's record highs during the three-month period.
Montenegro court approves extradition of cryptocurrency mogul Do Kwon to native South Korea
A Montenegrin appeals court on Thursday upheld a ruling by a lower court to hand over a South Korean mogul known as “the cryptocurrency king” to his native country, rejecting a bid to extradite him to the United States. The move follows a months-long legal saga in the case of Do Kwon, the Terraform Labs founder who was arrested in Montenegro last year. Both South Korea and the U.S. had requested Do Kwon’s extradition from Montenegro.
Ape Finance sends BAYC to the top of the daily NFT market
The Bored Ape Yacht Club collection tops daily NFT sales, Ethereum blockchain sees big volume bump.
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