decentralization
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SBF Is Headed to Prison But FTX Will Haunt the Crypto Community For Years
Sam Bankman-Fried may be headed to prison but the story of FTX is far from over. Indeed, like an evil spirit, the exchange seems destined to haunt the crypto community for the rest of its days. Not only has the company’s downfall shattered faith in what was once the most trusted institution in the industry,…
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The Flash Isn’t Just a Movie, It’s Now an NFT
Warner Bros.’ The Flash will be a full month old by the end of the weekend, and to say it’s had an eventful lifecycle might be understating things a bit. If things couldn’t get any stranger for the movie that WB was hoping would be a global sensation and then very much wasn’t, the film…
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In Yet Another Crypto Attack, Hackers Pillage $AU295 Million From Euler Finance
Unidentified cybercriminals managed to boost nearly $US200 ($AU295.45) million from the decentralized finance lender Euler Finance on Monday. The attack, which stole millions in crypto assets like DAI and USD Coin, is being hailed as the biggest crypto hack of the year so far. If this year is anything like 2022, when hackers stole more…
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A Quarter of Prominent New Cryptocurrency Tokens Appear to Be Scams, Researchers Find
If you were seeking any more reasons to be sceptical of the crypto market, here you go: Nearly a quarter of new coins minted on the blockchain that attained any value in 2022 fit the on-chain characteristics of a pump-and-dump scheme, according to a report chapter from blockchain tracking and analysis group, Chainalysis, released Thursday.