Day: June 18, 2024

Trump’s Crypto Campaign Attracts Scammers

Last month, former president Donald Trump, a convicted felon, announced that his campaign would begin accepting donations in cryptocurrency. This decision has inadvertently opened a floodgate for cybercrime, with numerous scam websites popping up to exploit Trump supporters, according to an exclusive report by Netcraft shared with WIRED. In the lead-up to Trump’s announcement, scammers […]

Ethena Faces Backlash Over Tokenomics Changes

Ethena, a synthetic dollar protocol built on Ethereum, recently announced unexpected modifications to the tokenomics of its governance token, ENA, stirring significant controversy among its community. The announcement, made through a blog post by Ethena Labs—the entity behind the protocol—outlined changes aimed at better aligning the growth of its dollar-pegged stablecoin USDe with the governance […]

Crypto Policy: A Missed Opportunity in UK Elections

As the U.S. presidential election sees crypto policy emerging as a key battleground, the UK general election paints a contrasting picture with no major political party addressing the crypto industry in their manifestos. Last week, the two leading political parties in the UK unveiled their visions for the future, spanning a collective 222 pages without […]

Bullish Signs Persist for Bitcoin and Ethereum

Despite the tumult in the markets, the funding rates for Bitcoin and Ethereum on perpetual futures contracts indicate a persistent bullish sentiment. This insight comes from recent data provided by CoinGlass, highlighting that despite downturns, optimism remains tangible among traders. Funding rates, which are periodic payments exchanged between traders based on their positions—long (optimistic) or […]

Router Protocol Expands with New Funding

Router Protocol, a pivotal player in the blockchain interoperability arena, has recently announced the successful closure of an oversubscribed funding round. This significant financial boost is set to propel the expansion of their bridge to include more networks, further solidifying its role in enhancing Web3 accessibility. Launched in 2022, Router Protocol began its journey on […]

Vanta’s Decentralization Leap with NFT

In 2021, Vanta embarked on an innovative journey, co-founded by Josh Field and Mike Grantis as a unique investment syndicate. Fast forward to 2024, and the duo is steering Vanta toward a bold decentralization strategy, giving full ownership to its community through Vanta Club NFTs. This transformative move was discussed by Field during his appearance […]