Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: Meta Is Building a Decentralized, Text-Based Social Network

Cointime Official

Top Stories

Meta Is Building a Decentralized, Text-Based Social Network

Meta is in the early stages of building a dedicated app for people to post text-based updates. “We’re exploring a standalone decentralized social network for sharing text updates,” the company told Platformer exclusively in an email. “We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests.” The most remarkable aspect of the project is that Meta plans for the network to be decentralized.

US DOJ Appeals Billion-Dollar Binance.US Acquisition of Voyager Assets

Though New York's bankruptcy court signed off on Binance.US' plan to purchase Voyager's distressed assets, the United States government is making an effort to block the billion-dollar deal. The U.S. Department of Justice's Trustee Office filed an appeal against Binance.US' acquisition of bankrupt crypto lender Voyager Digital's assets roughly one day after New York bankruptcy judge Michael Wiles approved it.

DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch

A white hat hacker that targeted DeFi protocol Tender.fi has returned $1.6 million that was stolen on Tuesday, receiving a 62.15 ether ($85,000) bug bounty instead. The attack occurred after Tender.fi upgraded its price feed to relay data from a Chainlink pricing oracle as opposed to a time-weighted average price (TWAP).

Crypto VCs Ask Portfolios To Pull Funds From Silicon Valley Bank

Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance sheet spooked investors. The warnings arise as startups in the industry look for viable banking options.

Justin Sun Sets Up $100M Huobi Liquidity Fund Following HT Flash Crash

Huobi has set up a $100 million liquidity fund following a 90% flash crash of the exchange’s Huobi Token (HT) on March 9. The exchange’s global adviser Justin Sun confirmed this development, adding that the funds have been sent to the exchange.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $19,925.08 USD, dropped by 7.75% in the last 24 hours;

ETH’s live price is $1,395.63 USD, dropped by 8.78% in the last 24 hours;

BNB’s live price is $269.83 USD, dropped by 6.53% in the last 24 hours;

XRP's live price is $0.3654 USD, dropped by 7.62% in the last 24 hours.

Bitcoin Bitcoin $64,106.00
+0.97%
SocialFi Voyager Digital Binance.US DeFi Silicon Valley Bank Justin Sun Huobi
Comments

All Comments

Recommended for you

  • Scammers use Google to promote fake Whales Market website to steal cryptocurrency

    According to a report from BleepingComputer, threat actors have discovered a method where scammers use Google's platform to promote phishing websites impersonating Whales Market in order to steal cryptocurrency. These fraudulent websites are placed as sponsored links (i.e. advertisements) at the top of Google search result pages, and despite the domain address displayed on the search result page appearing to be real, users will be redirected to the fake website upon clicking.

  • Cyvers: Hedgey suffered the same vulnerability on Arbitrum and lost about $42.8 million

    Cyvers Alerts on X platform stated that the system detected that the financial derivative agreement Hedgey Finance executed the same vulnerability on the ARB chain and gained approximately 42.8 million US dollars in profit.

  • Tether issues 1 billion USDT on Ethereum (authorized but not yet issued)

    Whale Alert has monitored Tether Treasury's addition of 1 billion USDT on Ethereum. Tether CEO Paolo Ardoino stated that this 1 billion USDT is a supplement to Ethereum inventory. This is an authorized but unissued transaction, which means that this issuance will be used for the next issuance request and cross-chain exchange inventory.

  • CertiK: Hedgey vulnerability was exploited and $1.9 million was stolen

    CertiK Alert posted on social media that it has detected that the on-chain token infrastructure protocol Hedgey has been exploited and stolen approximately 1.9 million US dollars.The attacker abused the createLockedCampaign function in flash loans to obtain approval for the use of tokens on the victim's contract. The USDC, NOBL, and MASA tokens in the victim's contract have been depleted.

  • Binance executives' bail application postponed again, still in custody

    The bail hearing for Binance executive Tigran Gambaryan has been postponed again by a Nigerian court, and he remains detained at the Kuje Correctional Center. The hearing is now scheduled for April 22, with the EFCC requesting time to respond to new arguments from the defense. Gambaryan's lawyer criticized the prosecution for failing to respond promptly. Binance has been accused of concealing the source of its income, while Gambaryan is accused of money laundering. In addition, he has also filed a lawsuit against the government for violating his human rights.

  • BTC breaks through $64,000

    The market shows BTC breaking through $64,000, now reporting at $64,012.44, with an intraday increase of 4.95%. The market fluctuates greatly, so please be prepared for risk control.

  • SEC accuses Justin Sun of frequent trips to the U.S. to sell tokens

    The US SEC has amended its lawsuit against Tron founder Sun Yuchen, stating that his frequent travel to multiple locations in the US allows the court to have corresponding jurisdiction. The SEC accuses Sun Yuchen and his company of selling unregistered securities through Tron and BitTorrent (BTT) tokens and engaging in manipulative money laundering transactions. The SEC claims that Sun Yuchen spent more than 380 days in the US from 2017 to 2019, with travel destinations including New York, Boston, and San Francisco. Sun Yuchen argues that the token sales were conducted entirely overseas, avoiding the US market, and therefore the SEC has no jurisdiction over him and the Tron Foundation, which is headquartered in Singapore. (Cointelegraph)

  • Cyvers Alerts: Multiple phishing transactions detected this morning

    Cyvers Alerts reported on X platform that multiple phishing transactions were discovered by the system this morning. The victims have approved the external owned accounts (EOA) of the phishers. We strongly recommend revoking the relevant approvals.

  • BTC breaks through $63,000

    The market shows BTC has broken through $63,000 and is currently trading at $63,062.48, with an intraday increase of 3.53%. The market is volatile, so please be prepared for risk control.

  • CZ: Bitcoin halving is different from stock split, happy halving

    CZ wrote on X platform that Bitcoin halving is different from stock splitting. The fact that people are asking such questions shows that we are still in the early stages. He then attached a picture to explain his views on what might happen before and after the Bitcoin halving in 2023, and said "happy halving!"

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company