Kraken users briefly locked out after a flood of sanctioned crypto transactions
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24.
users
Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users
The approved plan reallocates 546.9 million OP from user airdrops to a Foundation-controlled Strategic Ecosystem Fund.
BitMEX Users Seek 623 BTC in Liquidation Fraud Suit
BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York.… Read More
Inside Cardano’s ‘Van Rossum’ hard fork, and how it matters for users
It adds new capabilities to Plutus, the platform developers use to write Cardano’s smart contracts, unifying the built-in functions available across the platform’s three versions so older applications gain newer features. The upgrade also tightens several of the ledger’s validation rules, including one guaranteeing that… Read More
Coinbase (COIN) backs Ethena (ENA) ahead of savings product launch for 100 million users
Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Ethena (ENA), buying the protocol’s token on the open market as the two firms prepare to launch a new onchain savings product for the exchange’s more than 100 million users. Ethena… Read More
Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
Block’s Cash App has quietly begun rolling out its highly anticipated stablecoin payment feature, a source familiar with the matter told CoinDesk Wednesday. According to this individual, the feature is now active for 25% of Cash App’s nearly 60 million users, with plans to scale… Read More