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Home2023September

Month: September 2023

Ad Agencies Are Restructuring: Should Crypto Marketing Agencies Follow Suit?
Business

Should Crypto Marketing Agencies Mimic Ad Industry Restructure?

September 13, 2023 CryptoExpert

The buzzword in the advertising industry today is “restructuring.” Indeed, traditional ad agencies are redefining their business models — quiet layoffs, strategic hires in data and performance marketing, back-to-office mandates, and increased utilization of AI […]

Crypto volatility continues to plummet, spot volume now at two-year lows
Market Analysis

Crypto volatility continues to plummet, spot volume now at two-year lows

September 13, 2023 CryptoExpert

Key Takeaways Volatility briefly rose in crypto markets last month but is back near all-time lows Capital flight out of the space has been enormous, with liquidity also at multi-year lows Trading volume continues to […]

Decentralized exchanges a magnet for crypto wash traders: Solidus Labs
NFT

Decentralized exchanges a magnet for crypto wash traders: Solidus Labs

September 13, 2023 CryptoExpert

Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs. In the second part of its 2023 Crypto Market Manipulation […]

PayPal launches a crypto-for-USD conversion service
Technology

PayPal launches a crypto-for-USD conversion service

September 12, 2023 CryptoExpert

Key takeaways PayPal allows users to convert crypto to USD Silicon Valley payments firm PayPal announced via a blog post on Monday that it has launched another crypto-related service. The company now allows users to […]

CoinEx exchange suspected of being hacked as $27M worth of crypto moved
NFT

CoinEx exchange suspected of being hacked as $27M worth of crypto moved

September 12, 2023 CryptoExpert

On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses […]

Are NFT markets in a death spiral or ready for a resurgence?
NFT

Are NFT markets in a death spiral or ready for a resurgence?

September 12, 2023 CryptoExpert

Nonfungible tokens (NFTs) saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back to earth, and it’s unclear whether there will be a resurgence. NFTs […]

NFT collection Milady exploited by developer stealing $1M in fees
NFT

NFT collection Milady exploited by developer stealing $1M in fees

September 12, 2023 CryptoExpert

Milady Maker, a nonfungible token (NFT) project on the Ethereum blockchain, has fallen victim to a major exploit involving the platform’s fees and social media accounts. Charlotte Fang, co-founder of the Milady Maker NFT collection, […]

Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds
NFT

Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds

September 12, 2023 CryptoExpert

The eagerly-awaited launch of the Telegram bot Banana Gun’s native token BANANA couldn’t have gone any worse, with the price of the newly launched BANANA falling from a peak of $8.70 to $0.02 in less […]

CNA Insurance excludes NFTs from coverage of $20M trust policy
NFT

CNA Insurance excludes NFTs from coverage of $20M trust policy

September 12, 2023 CryptoExpert

CNA Financial, the seventh-largest commercial insurer in the United States, has excluded nonfungible tokens (NFTs) coverage from Schwab Strategic Trust’s policy worth $20 million. In a filing submitted to the U.S. Securities and Exchange Commission, […]

DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols
NFT

DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols

September 12, 2023 CryptoExpert

A decentralized finance (DeFi) advocacy body has petitioned the United States Patent and Trademark Office (USPTO) to review a patent owned by a company it has accused of being a a “patent troll” — a […]

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