3 red flags that signal a crypto project may be misleading investors

3-red-flags-that-signal-a-crypto-project-may-be-misleading-investors

The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping the network get established, then vanishing without so … Read more

Crypto giants co-launch Chainabuse platform to water down rising scams

crypto-giants-co-launch-chainabuse-platform-to-water-down-rising-scams

Chainabuse allows crypto users, victims of financial crimes and crypto businesses to report, discuss and actively issue warnings to reduce the effectiveness of scams. Seven major crypto companies — Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — joined hands to launch a community-driven scam reporting tool. Named Chainabuse, the tool … Read more

80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

80,000-bitcoin-gone:-what’s-left-in-luna’s-reserve-wallet?

The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST. The Luna saga continues. In a Twitter thread, the team behind the failed algorithmic stablecoin UST and the token LUNA shared precisely how much Bitcoin and crypto assets they had disposed of. … Read more