In industries or markets driven by attention, such as the crypto market, it is crucial for new technologies to continuously incorporate elements that drive progress, or else they risk losing relevance. One common example in the crypto industry is the use of user incentives. Restaking serves as a prime example of the consequences of lacking…
Bybit’s CEO has announced that the company has successfully closed the Ethereum gap following the theft of almost $1.5 billion in ETH and stETH from the exchange last week. Ben Zhou stated that Bybit has restored a 1:1 backing on all client assets post the unprecedented hack. Zhou’s statements are supported by a proof-of-reserves audit…
JPMorgan Chase is reportedly declining to compensate a customer who lost her life savings to a scammer. Courtney White, a former policewoman, disclosed losing $87,000 to an imposter who impersonated her and withdrew thousands of dollars from her JPMorgan Chase account daily, as per a report by NBC 5 Chicago. White intentionally opened a JPMorgan…
