OpenSea, a prominent NFT marketplace, has issued a warning to a subset of its users, urging them to rotate their application programming interface (API) keys. The warning comes after a security breach involving a third-party vendor potentially left their keys exposed. The company addressed the situation in an email sent to its customers, stating, “One
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Upbit, South Korea’s foremost cryptocurrency exchange, suspended all withdrawals and deposits of Aptos’ native token APT after it was besieged by fraudulent activities involving counterfeit APT tokens on Sept. 24. The interruption of deposit and withdrawal services also affected the deposit return process for the actual APT token and the fraudulent digital asset. Upbit said
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The following is a guest post from Rajagopal Menon, Vice President at WazirX. India’s crypto ecosystem finally has something to smile about following the conclusion of the G20 summit. The G20, representing the world’s most influential economies, fully endorsed the recommendations from the IMF and FSB as a Synthesis paper. These guidelines aim to chart
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Quick Take U.S. wealth, as per Federal Reserve data, stands at approximately $140 trillion, a vast treasure trove colored by generational divisions. These differences are thrown into stark relief when one considers that baby boomers oversee approximately $78 trillion in assets, predominantly in equities and real estate. Generation X follows with a respectable $47.8 trillion.
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A law firm that once provided services to FTX defended itself and attempted to dismiss a class action suit through a legal filing on Sept. 22. The relevant lawsuit began in August. There, customers attempted to argue that Fenwick & West was in part liable for alleged fraudulent activity at FTX. In its current filing,
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The following is a guest post from Ali Husain, an advisor at Navigate. While Web3 has offered an alternative to the dominance of Big Tech firms in many aspects of the technology sector, it has yet to overcome the duopoly dominance of Google Maps and Apple Maps in the digital mapping market. According to a
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Quick Take From March 2020 to September 2023, the landscape of Bitcoin entity balance dominance witnessed a notable shift. The ‘shrimp’ class, entities holding less than 1 Bitcoin, saw their dominance rise from 3.5% to 6.9%, indicating a growing number of small-scale investors. Similarly, ‘crab’ entities holding 1-10 Bitcoins surged from 8.2% to 10.9%, reinforcing
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The following is a guest post from Srikumar Misra, founder at aarnâ protocol. A quintet of interwoven vectors: DeFi, stablecoins, AI, regulation, and liquidity are large themes bouncing around, posing barriers and deep opportunities. The build energy continues to be phenomenal. It feels like Token 2025 will vastly differ from the muted, bated-breath anticipation the
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Quick Take An examination of the real, inflation-adjusted gold prices since 1915, using the headline Consumer Price Index (CPI), reveals a striking pattern of peaks and troughs. Particularly noteworthy is the peak in January 1980, when an ounce of gold reached $2,675, its highest ever in inflation-adjusted terms. Since then, despite two subsequent peaks in
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