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Buterin Offers Guide on How to Tell if an Algorithmic Stablecoin Is Sustainable

by Oluwapelumi Adejumo | May 27, 2022 | Uncategorized

Vitalik Buterin, Ethereum’s co-founder, has shared his opinions on determining if an algorithmic stablecoin is sustainable, listing two requirements that he considers necessary. This is a reaction to the recent crash of TerraUSD (UST) and the...
Insider Trading is Rife in Crypto, Says New Report

Insider Trading is Rife in Crypto, Says New Report

by Oluwapelumi Adejumo | May 22, 2022 | Uncategorized

An analysis by Argus, a firm that helps companies manage employee trading, reveals that several crypto investors benefit from inside information about when exchanges would lose tokens, according to a Wall Street Journal report. The report, based on available public...

CFTC Charges Oregon and Illinois Residents and Florida Company in $44 Million Misappropriation

by Oluwapelumi Adejumo | May 21, 2022 | Uncategorized

On Thursday, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action against an Oregon and Illinois resident, as well as a Florida company for fraudulently soliciting at least $44 million in digital asset investments. The...
OpenSea Launches NFT Marketplace ‘Seaport,’ Will Allow Users to Specify NFT Criteria

OpenSea Launches NFT Marketplace ‘Seaport,’ Will Allow Users to Specify NFT Criteria

by Oluwapelumi Adejumo | May 21, 2022 | Uncategorized

OpenSea launched ‘Seaport,’ its newest NFT marketplace on Friday, providing multiple ways for listings to be fulfilled. The marketplace will offer innovative ways for users to buy and sell NFTs, including the ability for bidders to pay for NFTs using...

Wormhole Awards $10M to White-Hat Hacker in Bounty Program

by Oluwapelumi Adejumo | May 21, 2022 | Uncategorized

Wormhole has awarded $10 million to a white-hat hacker who reported a bug in its Ethereum core bridge contract. This is part of the bounty program announced in February after losing $323 million to an exploit. The bug in question “was an upgradeable proxy...
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