Juli 22, 2023

CoinDesk Deal Finalized: $125M at Stake!

• CoinDesk is reportedly in the final stages of a $125 million deal.
• Alameda and FTX have been in the spotlight due to legal discovery processes which exposed private writings from Caroline Ellison.
• Binance CEO Changpeng “CZ” Zhao has warned of potential phishing scams after Uniswap founder Hayden Adams’ Twitter was breached.

CoinDesk Deal

CoinDesk is reportedly in the final stages of a $125 million deal that will further expand its presence in the cryptocurrency space. The company provides news, analysis, and research on blockchain technology and digital assets.

Legal Discovery Process

Recent legal discovery processes have put Alameda Research and FTX in the spotlight as private writings from Caroline Ellison were uncovered. Apple is also developing an AI chatbot as an internal tool for its users.

Crypto Services License

Societe Generale’s subsidiary has received France’s first crypto services license, allowing them to provide custody and trading services for cryptocurrencies such as Bitcoin (BTC) and Ether (ETH). Terraform Labs appointed Chris Amani as their new CEO to replace Do Kwon.

Binance CEO Warning

In response to the recent hack of Uniswap (UNI) founder Hayden Adams‘ Twitter account, Binance CEO Changpeng „CZ“ Zhao warns users against potential phishing scams circulating online. He advised users to enable two-factor authentication with a hardware device on all cryptocurrency exchanges.

Uniswap Founder Regains Access

Hayden Adams was able to regain access to his hacked Twitter account after it had been compromised by malicious players earlier this week. CZ’s cautionary statement serves as a reminder for users across all platforms to be vigilant about their security measures online when dealing with digital assets and other sensitive information regarding cryptocurrency trading activities

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