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Hotbit Suspends Trading and Withdrawals Due to Criminal Investigation
  • Hotbit suspended trading, deposits, and withdrawals as some of its funds were frozen by an unnamed law enforcement agency.
  • The agency was investigating a former employee of the company, who worked on an external project suspected of violating criminal law.
August 11, 2022, 10:01 AM
hotbit

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Curve Finance Finds and Resolves Site Exploit
  • The DeFi platform told its users it had “found and reverted” a frontend exploit only an hour after it was first reported.
  • The attacker apparently used a DNS spoofing attack to clone curve.fi’s website, and redirect the DNS points to his IP address.
August 10, 2022, 12:41 PM
curve

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Crypto Lender Hodlnaut Suspends Services
  • The Singapore-based company has become the latest crypto lender to pause all deposits and withdrawals citing market conditions.
  • The company also pulled out its regulatory license application with the Monetary Authority of Singapore, meaning it can no longer provide token swap services.
August 8, 2022, 4:34 PM
market down

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Binance to Launch Prepaid Crypto Card in Argentina
  • Binance Card was launched in Argentina in partnership with Mastercard, allowing users to maker purchases using crypto at over 90 million merchants globally.
  • The card will not only allow customers to make payments using crypto, but also make cash ATM withdrawals, as well as earn up to 8% back on certain purchases.
August 5, 2022, 3:56 PM
Binance CEO Changpeng Zhao

Binance CEO Changpeng Zhao. CryptoMonedaseICOs

Aug 4, 2022
Slope Wallet Likely Tied to Solana’s Exploit
  • Solana developers claimed an investigation found no evidence that the protocol or its cryptography were compromised in the widespread exploit.
  • The investigation, however, discovered that the affected wallets were either “created, imported, or used” in Slope’s mobile app at one point in time.

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Aug 3, 2022
Riot Blokchain Mined 21% Less BTC in July Due to Texas Heat Wave
  • The crypto mining firm said it had voluntarily curtailed its energy consumption to ensure more power was available in Texas during the heat wave in July.
  • While it produced 21% less BTC than it could, the company had earned around $9.5 million in power credit and benefits, as well as reduced its power consumption for the month.
Aug 1, 2022
Aave Community Vote Approves Stablecoin Creation
  • The community proposal passed with 501,000 AAVE tokens in favor, which amounted to 99.99% of the total votes cast during the three0day long voting period.
  • The GHO stablecoin is similar to other algorithmic stablecoins, though it aims to become an overcollateralized stablecoin similar to DAI.
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