Crypto News

Why Crypto Protocols Need Preventative Tools to Mitigate Attacks

Monitoring and audits aren't enough to avoid hacks: Spherex Technologies CEO Eyal Meron explains why crypto protocols need to rethink security.Source link

Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review

Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban. WBTC’s custody change has raised concerns in the defi community. Ripple’s legal chief discussed theSource link

LBank Celebrates 9th Anniversary With Over $1,000,000 in Prizes

PRESS RELEASE. Singapore, August 18th, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a key player. Over the past nine years, LBank has achieved numerous milestones and has grown into a comprehensive crypto trading platform and a leading exchange in innovative crypto asset categories. As LBank commemorates its ninth yearSource link

This Week on Crypto Twitter: Degens Jump on Trump Word Bingo

Crypto users bet millions on Polymarket to guess what the former president would say. Most were left disappointed.Source link

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel SpinningSource link