Crypto exchange listing scams are making a comeback amid a broader market recovery. According to a Jan. 29 post by Yi He — a co-founder of Binance and the spouse of the exchange’s former CEO, Changpeng Zhao — a LinkedIn impersonator is using her name and position to offer token listings in exchange for payment. “I do…
342 ViewsThe Hong Kong Securities and Futures Commission (SFC) has cautioned the public about potentially risky investment products called “Floki Staking Program” and “TokenFi Staking Program.” Both products are affiliated with the Floki ecosystem. According to the SFC, these products offer staking services and claim to deliver annualized returns ranging from 30% to over 100%. However, the…
388 ViewsUnited States Representative French Hill, chair of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, provided the public with an update on how lawmakers planned to move forward with crypto-related legislation in 2024. Speaking at an event hosted by the Foundation for Defense of Democracies (FDD) on Jan. 29, Representative Hill said U.S….
355 ViewsThe Stellar Development Foundation (SDF) smart contract upgrade on the Stellar blockchain set for the end of the month after finding a bug in Stellar Core v20.1.0. “We’ve decided to disarm our validators in support of postponing the Protocol 20 vote on Jan. 30 until after a bug fix,” the SDF explained in a Jan. 27 blog…
353 ViewsTrading volumes on the Solana-based decentralized exchange Jupiter have topped the charts at $480 million in the last 24 hours — amid a frenzy for a new memecoin airdrop and heightened stablecoin swaps. The trading activity has even seen Jupiter beat out the Ethereum-based volumes on Uniswap from both V2 and V3 protocols by $10…
399 ViewsA smart contract hosted on a blockchain autonomously executes once all the specified terms or conditions in a contract or agreement are satisfied, negating the need for intervention by an intermediary. The terms of the contract are written in machine-readable code. Once the smart contract is complete, it is irreversible and legally binding, raising the question: Is…
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