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GMX Compensates Users With $44M in New Tokens Post-Exploit
Enjoyed this article? Share it with your friends! GMX, a decentralized exchange (DEX), has begun compensating users who lost funds in a security breach that occurred on July 9. According to an August 13 announcement, around $44 million is being distributed to affected holders of GLP on Arbitrum ARB $0.5279 , using a new token…
Preferred Perpetual Stock Holders Are Mispricing Risk: Crypto Exec
Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt Dines, the chief investment officer of credit asset management company Build Markets. The corporate issuers of perpetual preferred stocks never have to repay holders their principal investment, and can just…
Milk & Mocha Launch $HUGS Token Presale Focused on Community and Utility
The biggest wins in crypto rarely start loud; they begin quietly, with those who notice early. That’s the current window opening for $HUGS, a new presale tied to the global Milk Mocha brand, whose endearing characters have captured the hearts of over 25 million followers worldwide. More than a meme project, $HUGS is being built…
Wells Fargo Refuses to Reimburse Customer After $13,000 Lost to Bank Fraud – How the Customer Finally Forced a Refund – The Daily Hodl
Wells Fargo reportedly refused to reimburse a customer who lost thousands of dollars to scammers posing as the banking giant’s employees. Houston resident Sharon Schoolcraft says she lost $13,000 after receiving a call from someone claiming to be working at Wells Fargo, reports FOX 26. Schoolcraft says the caller alerted her to possible fraudulent charges…
Strategy adds 4,020 Bitcoin, Circle files for IPO, India eyes crypto tax cut | Weekly Recap
Today’s edition of the weekly recap covers a variety of topics including Strategy and GameStop each revealing major Bitcoin acquisitions totaling over $900 million. Meanwhile, El Salvador and Pakistan expanded their sovereign crypto reserves—despite global pressure from institutions like the… Source link
