Lawmakers and crypto boosters are asking questions about how the SEC's X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday.
The project is offered on both Arbitrum and Avalanche blockchains. Monday’s exploit impacted only the version on Arbitrum as of European morning hours.
The mainstreaming of AI means compute power is at a premium. Decentralized Physical Infrastructure Networks (DePINs) can fill a gap, says Shayon Sengupta, at Multicoin Capital.
Alexandra Damsker, author of "Understanding DeFi," argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.