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Daily News Update - 10/3/2024
- Sam Altman rejoins OpenAI board with 3 new directors; WLD price jumps 40% in 24hrs after governance overhaul.
- BlackRock CEO says Bitcoin is digital gold and a great long-term store of value.
- In 2023, the FBI reports a 53% spike in crypto fraud, now representing 86% of all U.S. investment loss, highlighting a surge in scams.
- Appeals court revives lawsuit against Binance for selling unregistered tokens that plummeted in value, covering 7 tokens from 2017.
- Wyoming law grants DAOs legal status for contracts, banking, court appearances, and tax payments, hailed as a breakthrough by a16zcrypto.
- Bitcoin transaction volume hits 18-month peak, miners' revenue soars as halving nears, driving equipment and low-cost energy search.
- MakerDAO hikes fees, boosting Dai saving rate to 15% amid market volatility to prevent Dai demand shock and stabilize reserves.
- Jito Labs removes Solana mempool feature to stop MEV 'sandwich attacks' harming retail traders, after a bot netted $1.8M exploiting it.
- Ethereum's revenue hits nearly 2-year highs at $193M, driven by meme coin frenzy boosting blockchain activity.
- UniSat Wallet in security review and Google Play process, eyes stablecoin on BRC-20 with new mint/burn functions, curse inscriptions next.
- XRP’s price returns in 2024 sit at just 1.85% despite a prevailing upside sentiment across the crypto market.
#DNU
- Sam Altman rejoins OpenAI board with 3 new directors; WLD price jumps 40% in 24hrs after governance overhaul.
- BlackRock CEO says Bitcoin is digital gold and a great long-term store of value.
- In 2023, the FBI reports a 53% spike in crypto fraud, now representing 86% of all U.S. investment loss, highlighting a surge in scams.
- Appeals court revives lawsuit against Binance for selling unregistered tokens that plummeted in value, covering 7 tokens from 2017.
- Wyoming law grants DAOs legal status for contracts, banking, court appearances, and tax payments, hailed as a breakthrough by a16zcrypto.
- Bitcoin transaction volume hits 18-month peak, miners' revenue soars as halving nears, driving equipment and low-cost energy search.
- MakerDAO hikes fees, boosting Dai saving rate to 15% amid market volatility to prevent Dai demand shock and stabilize reserves.
- Jito Labs removes Solana mempool feature to stop MEV 'sandwich attacks' harming retail traders, after a bot netted $1.8M exploiting it.
- Ethereum's revenue hits nearly 2-year highs at $193M, driven by meme coin frenzy boosting blockchain activity.
- UniSat Wallet in security review and Google Play process, eyes stablecoin on BRC-20 with new mint/burn functions, curse inscriptions next.
- XRP’s price returns in 2024 sit at just 1.85% despite a prevailing upside sentiment across the crypto market.
#DNU
Daily News Update - 10/3/2024
- Sam Altman rejoins OpenAI board with 3 new directors; WLD price jumps 40% in 24hrs after governance overhaul.
- BlackRock CEO says Bitcoin is digital gold and a great long-term store of value.
- In 2023, the FBI reports a 53% spike in crypto fraud, now representing 86% of all U.S. investment loss, highlighting a surge in scams.
- Appeals court revives lawsuit against Binance for selling unregistered tokens that plummeted in value, covering 7 tokens from 2017.
- Wyoming law grants DAOs legal status for contracts, banking, court appearances, and tax payments, hailed as a breakthrough by a16zcrypto.
- Bitcoin transaction volume hits 18-month peak, miners' revenue soars as halving nears, driving equipment and low-cost energy search.
- MakerDAO hikes fees, boosting Dai saving rate to 15% amid market volatility to prevent Dai demand shock and stabilize reserves.
- Jito Labs removes Solana mempool feature to stop MEV 'sandwich attacks' harming retail traders, after a bot netted $1.8M exploiting it.
- Ethereum's revenue hits nearly 2-year highs at $193M, driven by meme coin frenzy boosting blockchain activity.
- UniSat Wallet in security review and Google Play process, eyes stablecoin on BRC-20 with new mint/burn functions, curse inscriptions next.
- XRP’s price returns in 2024 sit at just 1.85% despite a prevailing upside sentiment across the crypto market.
#DNU
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