Wednesday, July 27, 2022

After Losing $100M, Harmony Wants to Inflate Away Its Problems
Weeks after an attacker was able to steal approximately $100 million from Harmony Protocol’s cross-chain bridge, the Layer 1 project has shared a controversial proposal to reimburse affected users. ...

Wood’s ARK Slashes $75M in Coinbase Shares From Its Funds
ARKs Innovation fund sold 1.13 million Coinbase shares at around $53 after purchasing them for an average cost of $254.65. Ark Invest Dumps Coinbase Shares Cathie Woods ARK Invest is......

Tether Shares Another Rebuttal, Denies Chinese Commercial Paper Holdings
Tether has said that spreading false information about its reserve holdings is “the biggest threat to the cryptocurrency industry that currently exists.” Tether Denies Chinese Commercial Paper Exp...

Damien Hirst NFT Holders Divided as Half of Collection Burned
5,149 NFTs were exchanged for physical paintings, making the remaining digital pieces more scarce than their physical counterparts. Damien Hirsts Art Burning Deadline Closes Damien Hirst fans seem to ...

Is the NFT Boom Over? Trading Volumes Hit 12-Month Lows
Interest in NFTs has fallen in tandem with the broader cryptocurrency market as trading volumes hit their lowest levels in a year. OpenSea NFT Trading Stagnates NFTs have not escaped......

Stablecoins Backed by “Risky Assets,” IMF Exec Warns
Tobias Adrian, Director of Monetary and Capital Markets for the International Money Fund, has warned that some stablecoins could fail if they are backed by “risky assets.” IMF Exec Warns......

Bitcoin Up as Fed Announces 0.75 Point Rate Hike
U.S. interest rates have returned to pre-pandemic levels as the Federal Reserve attempts to tackle soaring inflation rates. Fed Fights Inflation With 0.75% Rate Hike The Federal Reserve has hiked......

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Wednesday, July 27, 2022

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