Maker, now Sky, faces backlash over USDS stablecoin’s freeze function
Sky’s USDS stablecoin has a freeze function, raising decentralization concerns. Rune Christensen, Sky’s co-founder, says the freeze function won’t be active at launch. Sky’s website is blocking VPNs further adding…
Crypto promoter Sahil Arora faces backlash over fake Iggy Azalea token presale
Sahil Arora raised $380,000 in the presale of IGGY token claiming it was Iggy Azalea’s official cryptocurrency. Funds from the presale wallet are being moved, with no tokens airdropped to…
Yuga Labs discontinues CryptoPunks amid backlash over ‘woke’ collection
Yuga Labs faces backlash over its new Super Punk World collection. The Super Punk World collection pays homage to the irreverent, early-internet roots of CryptoPunks. Yuga Labs’ decision focuses on…
Bit24.cash faces backlash after reports of KYC data breach
Bit24.cash, an Iranian exchange, faces KYC data breach affecting 230K users. Research uncovers misconfiguration, exposing passports, IDs, and credit cards. Conflicting claims between Cybernews and Bit24.cash prompt user concerns. Bit24.cash,…
Logan Paul faces backlash after $1M bet proposal
Logan Paul will face Dillon Danis in a bocxing match on October 14. Paul, a social media personality and WWE star, is willing to bet $1 million he will win.…