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Crypto Briefing

  • Avalanche Foundation meme coin buying policy

    Avalanche Foundation outlines meme coin buying policy

    The Avalanche Foundation defines meme coin eligibility through criteria like fair launches, anti-sniping measures, and security practices.

    Ecosystem

  • OKX’s OKB token crashes 50% in minutes following wave of liquidations

    OKX’s OKB token crashes 50% in minutes following wave of liquidations

    OKX's native token sees a 50% drop due to mass liquidations; the exchange now focuses on recovering losses for its users.

    Business

  • Concentric.Fi’s .8M attacker is tied to OKX and LunaFi incidents, reports CertiK

    Concentric’s $1.8 million exploiter is tied to OKX and LunaFi incidents, CertiK reports

    On-chain data shows that the exploiter’s wallets were funded by addresses connected to three notorious security incidents.

    Ecosystem

  • 0x launches gasless swaps with Tx Relay API to enhance DeFi trading

    0x launches gasless swaps with Tx Relay API to enhance DeFi trading

    The Tx Relay API from 0x provides gasless transactions and dynamic gas adjustment for smoother swaps and fewer failed trades.

    DeFi

  • Solana’s DEXes hold their ground after 38% weekly drop in DeFi trading volume

    Solana’s DEXes hold their ground after 38% weekly drop in DeFi trading volume

    Despite the 9% drop, Solana covers some ground in its fight against Ethereum for DEX trading volume dominance.

    DeFi

  • Socket recovers .3 million in ETH after bridge protocol exploit

    Socket recovers $2.3 million in ETH after bridge protocol exploit

    The recovered funds represent roughly $2.3 million worth in ETH, with the damage from the exploit estimated at $3.3 million.

    Ecosystem

  • Coinbase issues statement on US Treasury’s proposed crypto mixing rules

    Coinbase issues statement on US Treasury’s proposed crypto mixing rules

    The proposed rules would require crypto exchanges and platforms to report any transactions sent to or received from a mixer service.

    Regulation

  • Hong Kong could launch first crypto spot ETFs by mid-2024

    Hong Kong’s first crypto spot ETFs coming by mid-2024, predicts OSL exec

    Hong Kong positions itself as a future crypto ETF hub, drawing lessons from the US and focusing on the Asian market's unique needs.

    Business

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