If the suit is successful, X will have to turn over data in order for AFP to determine how much compensation it will seek. Agence France-Presse (AFP) announced a lawsuit against X, the company formerly known as Twitter, on Aug. 2, citing Europe’s “neighboring rights” legislation. According to a press release, AFP is asking the...Continue Reading

Unibot price could be over-extended, but notable user base growth and real yields paid to token holders are a reflection of the project’s strong fundamentals. Unibot (UNIBOT) token was among the top crypto gainers in July as its price rallied by 400% in a month to reach an all-time high of $199.90 on July 28....Continue Reading

The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work. Curve Finance’s native stablecoin crvUSD briefly depegged on Aug. 3, reacting to an uncertain environment surrounding the protocol after its recent exploit. In the course of the day, the stablecoin fell by as much...Continue Reading

The media outlet claimed the public and press had a right to receive information on a “central participant in a financial scheme that defrauded investors of billions of dollars.” The New York Times has submitted a filing in the criminal case against former FTX CEO Sam “SBF” Bankman-Fried, arguing the court should defend First Amendment...Continue Reading

The identity of the hacker or hackers behind an exploit that removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3. One-half of the couple alleged to have laundered billions of dollars worth of cryptocurrency has reportedly admitted he was behind the 2016 Bitfinex hack. According...Continue Reading

Bitcoin is not done with short-term BTC price downside, analysis predicts, with overall volatility still among its lowest-ever levels. Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside. BTC/USD 1-hour chart. Source: TradingView BTC price analysis “expects” support retest Data from Cointelegraph Markets Pro...Continue Reading

The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure. Amid growing uncertainty around Curve exposure for many decentralized finance protocols, Aave Chan founder Marc Zeller has proposed that Aave Treasury buy $2 million worth of CRV tokens in USDT...Continue Reading

HashKey Capital highlighted risks such as reduced competition, increased risk of censorship, decreased security and collusion by big players. As it continues to grow, liquid staking brings considerable risks to the space and needs better decentralization, according to a report published by digital asset firm HashKey Capital.  According to the report, the overall liquid staking...Continue Reading

Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained. Mark Zuckerberg tries to restore trust as metaverse losses cap $40B Lets get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram,...Continue Reading

In the month of July the cryptocurrency exchange Upbit outperformed both Coinbase and OKX for the first time in terms of spot trading volume. The South Korean cryptocurrency exchange Upbit overtook both Coinbase and OKX in terms of spot trading volume for the first time, according to data published on Aug. 3 from CCData.  Spot...Continue Reading