Crypto News
CoinDesk 20 Performance Update: HBAR Drops 8.2% as All Index Constituents Trade Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3333.82, down 5.0% (-176.57) since 4 pm ET on Wednesday.None of the 20 assets are trading higher.Leaders: ETH (-3.7%) and BTC (-3.7%).Laggards: HBAR (-8.2%) and APT (-7.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
SCENE’s 2024 Story of the Year: The Boom—and Bust—of Celebrity Meme Coins
Celebrities swarmed to crypto this year, launching their own meme coins to varying degrees of success. Where does the “celeb meta” go from here?Source link
Ethereum Fork Lightchain AI Introduces Proof of Intelligence With 5.7M Sold in Presale
PRESS RELEASE. Ethereum has experienced countless innovations since its inception, but few concepts have had the potential to shake the blockchain space like Lightchain AI’s revolutionary approach. With an astounding 5 million tokens sold in their presale, Lightchain AI is introducing a groundbreaking protocol, “Proof of Intelligence” (PoI), poised to redefine decentralized technology. What isSource link
Animoca Brands Founder Yat Siu’s X Account Exploited to Promote Fake Token
The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk's Most Influential 2024, was compromised and used to promote a fictitious token, the company said in a post on the social media platform.Animoca, a metaverse and gaming venture capital firm, posted a warning on its own account at 01:36 UTC on Thursday saying Siu's account had been compromised and the company was not introducing an official token or non-fungible token (NFT). The exploit was probably perpetrated through a phishing email that purported to come from X and be related to copyright infringement, according to ZachXBT. The crypto exploit investigator posted on Tuesday about several similar attacks that took place over the past month, allowing the perpetrators to get...
Botswana Council: Virtual Assets Market ‘Poses Limited Risks to Financial Stability’
The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks Authorities in Botswana consider both the virtual assets market and cyber risks arising from financial technology (fintech) to be relatively undeveloped, posing minimal threatsSource link