The PYTH token’s resurgence above $0.50 is largely attributed to its incentivized staking model, attracting stakers with the promise of airdrop rewards from partners.
The PYTH token’s resurgence above $0.50 is largely attributed to its incentivized staking model, attracting stakers with the promise of airdrop rewards from partners.
Reportedly, some creditors have received yen payments through PayPal, marking the first funds received after almost 10 years of waiting. However, even this has been tarnished by accidental duplicate payments to some users.
Hegic’s recent buyback has sparked insider trading suspicions, especially as the protocol profited in the millions. The situation is complicated by the pseudonymity of Hegic’s founder and the unconventional structure of the protocol.
Binance has introduced a pilot program enabling banks to custody trading collateral outside the exchange to mitigate counterparty risk for institutional investors. This initiative marks a significant step in combining traditional banking practices with blockchain tech.
A recent string of hacks on KyberSwap, Justin Sun-associated platforms and Raft expose deep-seated security flaws and show the need for advanced protection for users and investors.
