Crypto News
Kujira Foundation’s Tokens Stung by Its Own Leveraged Positions as Bets Backfire
The developers said the team’s positions were “targeted” and they plan to create an operational DAO to take ownership of the Kujira Treasury and core protocols.Source link
Man Pleads Guilty to Theft After Crypto.com Refunded Him $6 Million Instead of $65
A couple got refunded $10 million rather than $100 and started spending. Years later, they face time in prison for their actions.Source link
Survey Reveals Only 19% Expect NFTs to Recover This Cycle
A CoinGecko survey indicates that only 19% of crypto participants expect NFTs to make a comeback this cycle. Gaming and metaverse items are considered the most bullish use cases. (Read More)Source link
Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities
Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy shops. Boosting Cryptocurrency Usage at Mexican Universities Salvadoran fintechSource link
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.Source link