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Crypto News
Crypto News
August 8, 2023
BY
Ubik Capital
Cypher Protocol freezes smart contract after an estimated $1M exploit
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack.
Crypto News
August 8, 2023
BY
Ubik Capital
Central Bank of Brazil Reveals Name of Its Controversial CBDC
Although only a few financial institutions can handle DREX, its implementation is expected to help Brazilians access more banking products.
Crypto News
August 8, 2023
BY
Ubik Capital
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.
Crypto News
August 8, 2023
BY
Ubik Capital
Elon Musk-Backed Brain Hacking Firm Neuralink Raises $280 Million
The biotechnology firm obtained significant financial support for its brain-computer interface development from Peter Thiel’s Founders Fund.
Crypto News
August 7, 2023
BY
Ubik Capital
PayPal PYUSD Stablecoin Could Breed Competition and Force Regulators to Act
From BlackRock-level excitement to a total “nothingburger,” reactions to PayPal’s stablecoin are mixed—but it’s got the whole industry talking.
Crypto News
August 7, 2023
BY
Ubik Capital
Neopets Fans ‘Care Less’ About Crypto, CEO Says
World of Neopia CEO Dominic Law told Decrypt that the game studio has “scarce resources” despite raising $4 million earlier this year.
Crypto News
August 7, 2023
BY
Ubik Capital
Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week.
Crypto News
August 7, 2023
BY
Ubik Capital
PayPal Stablecoin Fakes Flood Ethereum—Here’s How to Find the Real One
The announcement of PayPal’s PYUSD has sparked a wave of imposter tokens on Uniswap, exploiting the hype.
Crypto News
August 7, 2023
BY
Ubik Capital
Price analysis 8/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin’s failure to rebound off strong support may open further downside as bears may be tempted to sell.
Crypto News
August 7, 2023
BY
Ubik Capital
FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan.
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