Fake YouTube tutorials promoting AI-powered crypto arbitrage bots have tricked 224 victims into deploying malicious smart contracts that stole 274.6 ETH worth about $517,000. Summary Nine similar YouTube videos directed users to compilers controlled by the scam operators. Victims deployed 234 contracts and funded them through transactions they approved themselves. A malicious backend replaced the
“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday. The CFTC, on Friday, also published a no-action letter, giving certain software providers a way to connect users to regulated derivatives markets without
Devcon 7 is scheduled for 2024, and while the final location is still TBA, we can say one thing with certainty: Devcon is coming to Southeast Asia! 🌏 We can’t wait for our journey to Devcon 7 in Southeast Asia to begin and are happy to see that the Ethereum communities in SEA have been
Binance has expanded its derivatives platform into the $9.6 trillion-a-day foreign exchange market with a 24/7 US dollar-Brazilian real perpetual contract offering up to 100x leverage. Summary Binance will launch its USDBRLUSDT perpetual futures contract on Sept. 21. The USDT-settled product will remain tradable during weekends and public holidays. Binance will use external price feeds
The Special Contribution Period for the KZG Ceremony ran 01-16 April 2023. This allowed participants to contribute in ways that may not have been possible in the Open Contribution period. While the Ceremony only needs a single honest participant to provide a secure output, Special Contributions provide additional assurances beyond a standard entropy contribution: computing
European Central Bank President Christine Lagarde stopped Binance from operating in the European Union, according to a Wall Street Journal report. The newspaper on Thursday reported that the top crypto exchange was on the cusp of operating in the trading bloc but then was told it couldn’t after the central bank chief waded in. EU
Banks have doubled their presence on the European Union’s MiCA register to about 80 institutions in less than three months, raising their share of listed crypto providers to nearly 23%. Summary Banks increased their MiCA register presence from roughly 40 to about 80 between June 26 and Sep. 16. The total number of listed crypto
As we look at our world, it seems that individual humans are increasingly on the edges and in the margins of the big stories that play out on our scrolling screens. The narratives that captivate and resonate with ordinary folks seem to exist at a scale beyond the reach of any one of us —
XRP and XLM are both retesting broken support zones as resistance this week, and how each level breaks could set the tone into the weekend. Something quietly important is playing out on the XRP chart this week, and it has nothing to do with a filing or a partnership announcement. For most of September, the
The SEC has opened permissioned onchain trading to fully backed U.S. stock tokens, but the 32.5-hour trading week on NYSE and Nasdaq leaves automated markets without a live reference price for most of each 168-hour week. Summary SEC relief permits qualifying tokenized U.S. stocks to trade through permissioned automated market makers. RedStone’s COO said nights,
