Polkadot Community Platform PolkaWorld Ceases Operations Following Unsuccessful Funding Attempt

Polkadot Community Platform PolkaWorld Ceases Operations Following Unsuccessful Funding Attempt

Polkadot community PolkaWorld halts operations after failed funding bid The Polkadot community, PolkaWorld, has suspended operations after its proposal to receive funding from Polkadot’s treasury was rejected. PolkaWorld raised concerns about the treasury management under the new open governance system called “OpenGov,” claiming it is affecting long-term contributors to the Polkadot ecosystem. The organization believes … Read more

DJ 3LAU’s Decision to Skip Friend.tech Raises Concerns over Regulatory Risks

DJ 3LAU’s Decision to Skip Friend.tech Raises Concerns over Regulatory Risks

DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks DJ and crypto investor 3LAU has withdrawn from decentralized social media platform Friend.tech due to concerns over regulatory risks. He specifically pointed out the automated market maker (AMM) feature of the platform as a potential regulatory grey area. 3LAU stated that he … Read more

Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse

Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse

The content highlights that Bankman-Fried, the founder of crypto exchange FTX, refuses to acknowledge or take responsibility for the $8 billion loss and the impact on people’s life savings. He seems oblivious to the possibility of facing jail time for his actions. Interestingly, his main remorse appears to be focused on his tarnished public image, … Read more

Lessons Cryptocurrency can Take from AI on Achieving Influence in Washington

Lessons Cryptocurrency can Take from AI on Achieving Influence in Washington

What Crypto Can Learn From AI About Getting Its Way in Washington Traditional media sources, which were once relied upon heavily in the late 1990s and early 2000s, have weakened. As a result, more Americans now receive their news from social media platforms that prioritize engaging content over educating. This leaves the public vulnerable to … Read more

New Reports Reveal the Amount of Capital Withdrawn from Crypto in August

New Reports Reveal the Amount of Capital Withdrawn from Crypto in August

New Reports Shows How Much Capital Was Pulled Out Of Crypto In August According to a report by Bitfinex, the crypto market experienced a capital outflow of around $55 billion in August. This is the largest capital drain this year, with most of it coming from two isolated events, including a flash crash that caused … Read more

XRP Price Prediction – Key Reasons Why Bulls Could Aim Rally To $0.60

XRP Price Prediction – Key Reasons Why Bulls Could Aim Rally To alt=

Ripple’s token price is showing signs of recovery against the US Dollar. To continue the upward trend, the price needs to break through resistance levels at $0.505 and $0.515. The price is currently trading below $0.505 and the 100 simple moving average (4 hours), facing resistance at $0.505. On the other hand, if the price … Read more

Andrew Chen: What We Learned from Launching SPEEDRUN, the Games x Tech Startup Accelerator

Lessons from launching SPEEDRUN, the Games x Tech startup accelerator at andrewchen The writer announces that they got married and shares details of their small ceremony in Moab, Utah. They also mention that they have some “behind the scenes” projects to write about at a16z. They discuss the launch of a new effort called SPEEDRUN, … Read more

3AC Founders Face New Trouble as Regulators Impose 9-Year Ban Amidst Bankruptcy

3AC Founders Face New Trouble as Regulators Impose 9-Year Ban Amidst Bankruptcy

Bankrupt 3AC Founders Run Into Trouble Again As Regulators Impose 9-Year Ban Singapore’s central bank, the Monetary Authority of Singapore (MAS), has issued long-term prohibition orders against Zhu Su and Kyle Davies, founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC). The founders are now banned from engaging in regulated business activities in … Read more

Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

Paxos confirms it’s responsible for 0K mistaken Bitcoin transaction

Accounting firm Paxos accidentally overpaid $500,000 in fees for a Bitcoin transfer on September 10. Initial speculation on social media suggested that PayPal was responsible, but Paxos later clarified that the error was its own. The mistaken transaction was discovered shortly after it occurred, with fees of approximately 20 BTC paid to send just 0.07 … Read more

CoinEx Hack: Quantifying the Current Loss of Crypto Funds

CoinEx Hack: Quantifying the Current Loss of Crypto Funds

How Much Crypto Has Been Lost In The CoinEx Hack So Far Centralized crypto exchange CoinEx was hacked, resulting in the theft of $55.5 million worth of cryptocurrency, double the initial estimates. The stolen funds were spread across various tokens including Ethereum, Bitcoin, XRP, Tron, Binance Coin, and more. CoinEx has promised to compensate affected … Read more