Raymond Munene

Highlights: A Convergence protocol exploit allowed a hacker to mint 58 million CVG tokens worth $210,000. The attacker sold tokens for wrapped ether and crvFRAX, leading to a 99% CVG value drop. An oversight in Convergence’s codebase removed a crucial […]

Highlights: Futu Securities offers direct Bitcoin trading, leading Hong Kong’s crypto market expansion with innovative services. Customers can earn shares of Alibaba or Nvidia as incentives, driving significant investor interest. Partnering with HashKey Exchange, Futu complies with SFC rules, enhancing […]

Highlights: South Korea sets supervisory fees for major exchanges under new Virtual Asset regulations to enhance market oversight. Upbit, due to its market dominance, will bear most of the fees, impacting its financial operations significantly. Despite operational losses, smaller exchanges […]

Highlights: Fidelity’s Bitcoin ETP offers a competitive 0.35% ongoing charges figure, reduced from 0.75%. The FCA’s recent decision allows crypto asset-backed ETNs for professional investors in the UK. Fidelity’s ETP provides professional investors with a secure and cost-effective entry into […]

Highlights: Austrian residents aged 18 and over can now access Worldcoin’s unique ID verification via orb stations in Vienna. Despite concerns, Worldcoin’s ID verification promises enhanced online identity security by distinguishing humans from bots. With 6.3 million global users, Worldcoin […]

Highlights: Metaplanet joins MicroStrategy’s Bitcoin for Corporations to advance Bitcoin acceptance globally. Bitcoin for Corporations, launched by MicroStrategy and Bitcoin Magazine, offers comprehensive resources for corporate Bitcoin adoption. The initiative has already sparked interest from companies, indicating rapid momentum in […]

Highlights: Brian Frye and Jonathan Mann filed a lawsuit against the SEC, questioning NFTs as securities. The lawsuit uses Taylor Swift’s concert tickets as an analogy to highlight the absurdity of the SEC’s approach. Attorneys argue the SEC’s broad interpretation […]

Highlights: Compound Finance’s Proposal 289, led by whale Humpy, allocated 499,000 COMP tokens valued at $24 million. The proposal faced opposition, sparking claims of a governance attack by leveraging whale-influenced votes. Concerns highlight risks of centralized control within decentralized frameworks, […]

Highlights: Scaramucci praises Trump for spotlighting Bitcoin and calls for bipartisan support. Trump’s Bitcoin policies have significantly impacted political and financial circles. Scaramucci highlights potential risks while supporting Trump’s proactive crypto stance. Anthony Scaramucci, the former White House Communications Director, […]

Highlights: WazirX adopts a 55/45 strategy for user asset recovery post $230 million hack. Users can access 55% of assets immediately, with 45% converted to USDT and locked. The recovery plan includes user involvement through a poll, ensuring fair asset […]

Highlights: Tyler Winklevoss urges the government to name the next SEC chair before the November elections. The Winklevoss twins’ invitation to a White House crypto roundtable was revoked after endorsing Donald Trump. Tyler Winklevoss criticized the Biden-Harris administration for not […]

Highlights: Michigan Pension Fund invests $6.6M in ARK Bitcoin ETF, following Wisconsin’s $160M allocation. Jersey City considers Bitcoin ETF investments, highlighting growing institutional interest in cryptocurrency. In the past two days, the U.S. Spot Bitcoin ETF saw a $75 million […]