Today in crypto, Coinbase announced its acquisition of token management platform Liquifi, aiming to simplify the token launch process for onchain builders. This marks Coinbase's fourth acquisition of the year, following its purchase of a major crypto derivatives trading platform in May. The company's vice president of institutional product emphasized that Liquifi will help automate complex workflows and reduce risks associated with token launches. Meanwhile, blockchain security firm SlowMist reported an increase in psychologically manipulative crypto scams during Q2, despite no significant advancements in hacking techniques. They noted a trend towards off-chain attack strategies focusing on user behavior and social engineering. Additionally, the US Securities and Exchange Commission is considering a new listing standard for crypto exchange-traded funds (ETFs) that could streamline the approval process by allowing issuers to bypass certain application filings. This proposal could open the door for new crypto ETFs on US exchanges and potentially attract more capital into the altcoin markets.

Source 🔗