David Marcus Declares Support For Donald Trump
David Marcus, the former President of PayPal and a devoted Democrat, has now endorsed Donald Trump in the presidential election. This period of Donald Trump’s campaign for re-election as the United States President has significantly benefited from his pivot to cryptocurrency. Specifically, the 78-year-old politician has garnered backing from several prominent digital assets and conventional […]
Terra Hack Did Not Impact Terra Classic, See Why
The recent Terra hack has not impacted Terra Classic, resulting from an upgrade by Genuine Labs that has patched vulnerabilities and ensured security. Terra , a Phoenix-1 blockchain, was the victim of an exploit due to using an internally derived IBC-go 7.3 version that had not been updated since last year. In contrast, Terra Classic […]
Bitcoin Core Incorporates Two New Security Alerts
Bitcoin Core devs have implemented two new security advisories to ensure the protocol’s safety in the face of its increasing adoption. Bitcoin Core has been compelled to incorporate two new security advisories to maintain the security of crypto platforms. One or two vulnerabilities that Bitcoin Core has encountered in the past and their corresponding patches […]
Jerome Powell Hints September Rate Cut-FOMC Update
Fed Chair Jerome Powell indicates a rate cut may occur in Sept, provided that inflation data is favorable while maintaining current policy rates. At their most recent meeting, the US central bank maintained the policy rates at their current level, but they also hinted at the possibility of a rate reduction in September. At his […]
Seoul Court Favors Wemade In $7M WEMIX Token Conflict
The Seoul Central District Court has ordered GDAC to return $7.31 million in WEMIX token to CEO Park Kwan-ho, a significant legal victory for Wemade. In a high-stakes dispute over WEMIX tokens, the Seoul Central District Court in South Korea has ruled in favor of Wemade CEO Park Kwan-ho. The court ordered the defunct virtual […]