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Shiba Inu Rises 13% as Robinhood Petition Passes 300,000
Shiba Inu rose 13% following an uproar for Robinhood Markets Inc to add the token to its platform. The token has gained more than 40 million % over the past year.
Animoca Brands' Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest
Yat Siu of Animoca Brands predicts profitable outcomes in 2024 due to increased Bitcoin interest among mainstream institutions.
SushiSwap CEO Suggests New Tokenomics For Liquidity And Decentralization
The chief executive officer of SushiSwap, Jared Grey, is working on revamping the tokenomics of the decentralized exchange Sushi. In addition to a token-burning mechanism and a liquidity lock for price support, time-lock tiers will be included for emission-based incentives. These features will also be available. Instead of receiving a portion of the cash generated by the 0.05% swap fee, SUSHI (xSUSHI) tokens that have been staked will be rewarded according to their emissions. It is possible to make withdrawals before the time locks have reached their full maturity, but any rewards will be lost and destroyed.
Sushi Announces Final Steps for Trident Pools Deprecation, Urges Liquidity Withdrawal
Sushi has begun the final deprecation phase of Trident Pools, advising users to withdraw liquidity before March 15, 2024, to ensure a smooth transition.
UK Could Be The Next Crypto-Friendly Nation As Rishi Sunak Becomes Next PM
Will Rishi Sunak's appointment as the next UK PM spell good fortune for the crypto industry?
Blockchain Enhances Traceability of Organic Cotton from Farm to Consumer
Fashion for Good, PVH Corp, C&A Foundation & Organic Cotton Accelerator, Bext 360, and Zalando have successfully collaborated on a blockchain pilot project that traces organic cotton from farm to consumer.
Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens
Instagram influencers Kim Kardashian and American boxer Floyd Mayweather have been sued by investors accusing celebrities of falsely promoting crypto tokens to mislead investors.
Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors - Report
The US SEC might be considered harsh for its crypto regulations, some investors use this as a basis for their investments in the space
StarkWare partners with Chainlink
StarkWare integrates Chainlink oracle services and data feeds into its blockchain scaling platform.
Unstoppable Domains Partners with Fantom to Make Crypto Transactions Easier
To eliminate the pain points associated with crypto like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier.
Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors
Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.
SushiSwap Reaches Over $1 Billion in TVL as Uniswap Sees Massive Plummet After Rewards Ended
SushiSwap’s token SUSHI made a huge rebound this week, surging by nearly 90 percent in one week.
Bitcoin Halving: Everything You Need to Know in 5 Minutes
In May 2020, Bitcoin is expected to experience its third halving in history. Bitcoin halving refers to the halving of Bitcoin block rewards, which occurs once every 210,000 blocks created (approximately every 4 years).
Crypto Experts Give Advice as the Digital Currency Industry Continuously Suffer from a Freefall
As a way to ease off many investors’ pains, market opinion leaders have been sharing words of encouragement through tweets to pacify investors in losses.
Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks
Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.
Trezor Strengthens Security Measures Amid Phishing Concerns
Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.
Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend
DOGE shot up 14% within minutes following his tweet. However, the crypto shrank down to 12% at press time. While Shiba Inu also went up by around 5% to create a local high of $0.00001032.
Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services
Lawyers working within the metropolitan area of Washington DC can now accept cryptocurrency payments for legal services so long as the fee agreement is reasonable and fair, and the lawyer is able to safeguard their digital assets, the District of Columbia Bar stated in an ethics opinion.
US Fed denies Custodia Bank membership over crypto concerns
The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.
Terra Co-Founders to Face Fraud Charges in South Korea
As reported by a local media site, Munhwa, an organized group of LUNA and UST investors is planning to file a legal complaint against Terra CEOs Do Kwon and Daniel Shin for alleged fraud.
Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%
The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.
Understanding the Rise of Non-Fungible Tokens
Non-fungible tokens are currently garnering attention in the digital market. To verify their ownership and authenticity, NFTs use blockchain technology. They represent a wide variety of things, such as art, music, games, and even real estate. The concept of NFTs has gained popularity and acceptance. This article details the rise of NFTs and the potential benefits of investing in them.
Shiba Inu SHIB Founder Ryoshi NFT Collectible Debut on HEEL and SHIBACALS
A new NFT brand has surfaced in the Web3 domain. HEEL and SHIBACALS present a limited 'Young Ryoshi in Space' collectible, symbolizing Shiba Inu's elusive founder, Ryoshi. With only 45 pieces available, this NFT, priced at 0.1 ETH, is set for sale on September 9, 2023, at 20:00 UTC. Initial buyers receive NFT passes, potentially unlocking future content. Five lucky holders will get 500 HEEL tokens. Resales are prohibited, ensuring exclusivity. This venture, alongside Shiba Inu's rise, emphasizes the growing NFT market's potential.
SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon
The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform. Shin is charged with fraud, while Kwon faces investigations in both the US and South Korea.
FTX Issues Fresh Warning on Phishing Emails and Scam Sites
FTX issues a fresh warning about phishing emails and scam sites mimicking its Debtors' portal. The alert, dated October 5, 2023, comes amid industry-wide concerns about phishing attacks, including a recent warning from Binance CEO Changpeng Zhao.
Sushiswap Co-Founder 0xmaki Steps Down from Project Lead as DEX Exchange Begins New Chapter
Sushiswap Co-Founder 0xmaki has stepped down as project lead when the decentralized exchange struggles to navigate challenges of scams.
Arkham Intelligence Announces Partnership with Ninja Traders
Arkham partners with Ninja Traders to offer best-in-class onchain data, tooling, and analysis to crypto traders.
HKMA Warns Public About Phishing Messages Linked to ICBC (Asia)
HKMA alerts public to phishing messages related to ICBC (Asia).
Polkadot (DOT) and Conor Daly Revolutionize Sports Sponsorship
Polkadot and Conor Daly pave the way for decentralized sports sponsorship.
SingularityNET (AGIX) and OriginTrail Forge Strategic AI Partnership
SingularityNET (AGIX) and OriginTrail team up for a decentralized AI ecosystem.
OpenAI and WAN-IFRA Launch Global AI Accelerator for Newsrooms
OpenAI partners with WAN-IFRA to launch AI accelerator for over 100 newsrooms globally.
Gresini Racing and Partners Launch Innovative Fan-Powered Motorsport Sponsorship
Gresini Racing, MotoGP Guru, and SPORTPASS launch a fan-powered sponsorship program.
Hong Kong Monetary Authority Warns About Phishing Messages Targeting China Construction Bank (Asia)
HKMA issues alert on phishing instant messages involving China Construction Bank (Asia).
Devcon Scholars Program Returns for Devcon Southeast Asia, Aiming to Build a Collaborative Community
The Devcon Scholars Program is back, offering scholarships and community-building opportunities for Devcon SEA 2024.
OpenAI Appoints Sarah Friar as CFO and Kevin Weil as CPO to Strengthen Leadership Team
OpenAI appoints Sarah Friar as CFO and Kevin Weil as CPO to enhance leadership for global growth.
Oracle and Google Cloud Forge Multicloud Alliance to Accelerate Application Modernization
Oracle and Google Cloud announce a multicloud partnership to enhance application migrations and modernization.
Celo Foundation Promotes Eric Nakagawa to Executive Director Amid Leadership Expansion
Celo Foundation elevates Eric Nakagawa to Executive Director and Isha Varshney to Head of Ecosystem, enhancing its leadership team amid an Ethereum Layer-2 migration.
IOTA Announces Major Leadership Changes to Drive Future Growth
IOTA Foundation reshuffles leadership, appointing Dr. Navin Ramachandran to the Supervisory Board and Dr. Christoph Strnadl to head Technology Adoption.
Ethereum Foundation Introduces Cohort 4 of the Next Billion Fellows
The Ethereum Foundation unveils seven new fellows in its Next Billion Fellowship Program, highlighting projects aimed at global good.
HKMA Issues Alert on Phishing Messages Related to Ant Bank (Hong Kong) Limited
HKMA warns the public about phishing messages impersonating Ant Bank (Hong Kong) Limited, urging caution and immediate reporting of suspicious activities.
OpenAI Forms Strategic Content Partnership with TIME
OpenAI announces a strategic partnership with TIME, leveraging its 101-year archive to enhance AI responses and provide direct links to Time.com stories.
HKMA Warns Public of Fraudulent Social Media Account and Phishing Messages Related to Royal Bank of Canada
The Hong Kong Monetary Authority alerts the public about fraudulent social media accounts and phishing messages related to the Royal Bank of Canada.
Ethereum Foundation Reports Phishing Incident Affecting Mailing List
The Ethereum Foundation disclosed a phishing attack on its mailing list, impacting 35,794 email addresses and prompting immediate security measures.
Bitfinex to List DOP, Native Token of Data Ownership Protocol (DOP)
Bitfinex announces it will be among the first to list DOP, the native token of the Data Ownership Protocol, enhancing user control over digital assets.
Arkham Partners with Turkish Süper Lig Champions Galatasaray
Arkham Intelligence announces a strategic partnership with Turkish Süper Lig champions Galatasaray, aiming to enhance blockchain analytics in sports.
0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems
The 0ktapus phishing campaign bypasses multi-factor authentication, impacting organizations globally. Learn about its methods and how to protect your business.
Worldcoin (WLD) Partners with Alchemy to Launch World Chain Infrastructure
Worldcoin (WLD) collaborates with Alchemy to provide comprehensive infrastructure for World Chain, enhancing decentralized apps and developer tools.
Adept AI Announces Strategic Shift and Leadership Changes
Adept AI shifts focus to agentic AI solutions, partners with Amazon AGI, and announces leadership changes to drive future growth.
Arkham Intelligence Partners with Galatasaray S.K. for 2024/25 Season
Arkham Intelligence announces a two-season partnership with Turkish Süper Lig champions Galatasaray S.K., featuring branding on the team's jersey.
HKMA Warns Public About Fraudulent Website and Phishing Emails Linked to China CITIC Bank International
The Hong Kong Monetary Authority (HKMA) alerts the public about a fraudulent website and phishing emails linked to China CITIC Bank International Limited.
OpenAI and Los Alamos National Laboratory Forge Research Partnership
OpenAI collaborates with Los Alamos National Laboratory to develop safety evaluations for assessing biological capabilities and risks.
Manta Network (MANTA) Collaborates with BONK for Meme-ta Season
Manta Network and BONK join forces to launch Meme-ta season, offering MANTA rewards through Dual Citizenship and Active Participant programs.
Hong Kong Monetary Authority Warns Public of Phishing Messages Linked to Fubon Bank
The Hong Kong Monetary Authority alerts the public about phishing messages related to Fubon Bank (Hong Kong) Limited.
Gala Games Introduces VIP Club 'Gala Gold' with Exclusive Benefits
Gala Games' VIP membership, Gala Gold, offers exclusive Discord access, special NFTs, and game testing opportunities for a lifetime fee.
Sui Community Fights Scams with Sui Guardians Initiative
The Sui community launches Sui Guardians to combat scams and enhance user security, led by Suiet and the Sui Foundation.
Bitcoin (BTC) Heads to Washington in July 2024
Bitcoin (BTC) is set to make a significant impact in Washington this July 2024, according to Grayscale's latest market commentary.
HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited
HKMA alerts public about phishing messages and fraudulent websites linked to Octopus Cards Limited. Urges immediate action if personal information was shared.
Gala Games Announces Sushi Boat Bash Competition for $GALA Rewards
Gala Games launches the Sushi Boat Bash competition in Common Ground World, offering players a chance to win $GALA. The event starts on August 13th.
Bitfarms (BITF) Announces Significant Leadership Changes
Bitfarms Ltd. has appointed CEO Ben Gagnon to its Board and named Brian Howlett as Independent Chairman. Nicolas Bonta steps down as Chairman.
HKMA Issues Alert on Fraudulent Website and Phishing Emails Targeting Dah Sing Bank
The Hong Kong Monetary Authority warns the public about a fraudulent website and phishing emails impersonating Dah Sing Bank.
SFC Lifts Suspension on Changjiang Corporate Finance (HK) Limited as Sponsor
The Securities and Futures Commission (SFC) has lifted the suspension of Changjiang Corporate Finance (HK) Limited's role as a sponsor.
HKMA Issues Warning on Fraudulent Websites and Phishing Messages Related to Hang Seng Bank
The Hong Kong Monetary Authority alerts the public to fraudulent websites and phishing messages linked to Hang Seng Bank.
HKMA Issues Warning on Phishing Instant Messages Related to HSBC
The HKMA alerts the public to phishing instant messages linked to HSBC, urging caution and immediate action if personal information has been shared.
HKMA Issues Alert on Fraudulent Websites and Phishing Messages Related to ICBC (Asia)
The Hong Kong Monetary Authority (HKMA) has issued an alert regarding fraudulent websites and phishing messages linked to Industrial and Commercial Bank of China (Asia) Limited.
Hong Kong Monetary Authority Warns of Fraudulent Website and Phishing Emails Linked to Public Bank (Hong Kong) Limited
The HKMA alerts the public to a fraudulent website and phishing emails targeting Public Bank (Hong Kong) Limited's customers.
CoreWeave Strengthens Leadership Team with Key Senior Hires to Drive Expansion
CoreWeave appoints Chen Goldberg and Sachin Jain to senior roles, bolstering its leadership amid significant growth and European expansion efforts.
NVIDIA Opens Applications for $60,000 Graduate Fellowship Awards
NVIDIA's Graduate Fellowship Program is now accepting applications, offering up to $60,000 for doctoral students in AI, machine learning, and more.
HKMA Warns Public of Phishing Scams Impersonating Bank of China (Hong Kong)
Hong Kong Monetary Authority alerts public about phishing scams involving fake instant messages related to Bank of China (Hong Kong) Limited.
HKMA Warns Public About Phishing Emails Impersonating Dah Sing Bank
The Hong Kong Monetary Authority alerts the public to phishing emails impersonating Dah Sing Bank, urging caution and providing safety tips.
HKMA Issues Alert on Fraudulent Social Media Account and Phishing Messages
The Hong Kong Monetary Authority warns the public about a fraudulent social media account and phishing messages related to Bank of Singapore Limited.
HKMA Issues Alert on Fraudulent HSBC Websites and Phishing Messages
The Hong Kong Monetary Authority warns the public about fraudulent websites and phishing messages related to HSBC, urging caution and providing guidance on protective measures.
HKMA Warns Public About Fraudulent Websites and Phishing Messages Linked to Bank of China (Hong Kong)
The Hong Kong Monetary Authority (HKMA) alerts the public about fraudulent websites and phishing messages linked to Bank of China (Hong Kong).
HKMA Warns Public About Fraudulent Websites and Phishing Messages Related to Mox Bank
The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing messages related to Mox Bank Limited.
Gala Music Marks First Anniversary of Earl Sweatshirt and The Alchemist's 'Voir Dire'
Gala Music celebrates the first anniversary of 'Voir Dire' by Earl Sweatshirt and The Alchemist, an innovative NFT album that continues to captivate fans.
Arkham Intelligence Partners with Tennis Star Tommy Paul at the US Open
Arkham Intelligence teams up with top-ranked tennis player and Olympic Bronze Medallist Tommy Paul for the US Open, enhancing sports and crypto collaboration.
HKMA Hosts Second Financial Leadership Training Program with AMRO and ADBI
The HKMA, AMRO, and ADBI held their second Financial Leadership Training Program in Hong Kong, focusing on macroeconomic stability, green finance, and fintech.
HKMA Issues Warning on Phishing Messages Tied to WeChat Pay Hong Kong
The Hong Kong Monetary Authority alerts the public about phishing messages linked to WeChat Pay Hong Kong Limited.
Essential Reading for Crypto Builders and Entrepreneurs in 2024
Discover the curated book list for crypto builders and entrepreneurs from a16z crypto's 2024 Founder Summit, covering management, innovation, and more.
HKMA Alerts Public on Fraudulent Social Media Account Linked to Shanghai Commercial Bank
The Hong Kong Monetary Authority (HKMA) has issued a warning about a fraudulent social media account and phishing messages targeting Shanghai Commercial Bank customers.
Runway Partners with Lionsgate to Revolutionize AI in Film Production
Runway teams up with Lionsgate to develop AI models for enhancing film production, exploring innovative content creation opportunities.
Destor Expands Decentralized Cloud With S3 Solutions and Strategic Partnerships
Destor introduces S3 Cloud Solutions powered by Filecoin (FIL), partnering with DCENT, Future Tech Holdings, Akave, and Seal Storage to revolutionize decentralized storage.
Render Network Enhances Cinema 4D with Redshift Support for Superior GPU Rendering
Render Network introduces Redshift support to its Cinema 4D Wizard, offering enhanced GPU rendering capabilities for artists. Explore the latest features and integration details.
California's New Law Sparks Debate on Digital Ownership in Gaming
California's AB 2426 law mandates consumer warnings about revocable digital game ownership, highlighting the need for genuine digital asset control and the potential of Web3 solutions.
Ethereum Foundation Announces EcoDev Research Fellowship Applications
The Ethereum Foundation launches five six-month research fellowships focusing on unexplored Ethereum use cases. Applications are open until November 15, 2024.
HKMA Warns Against Fraudulent Websites Targeting Bank Julius Baer Clients
The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing messages impersonating Bank Julius Baer, urging caution and reporting of suspicious activities.
HKMA Alerts Public on Phishing Messages Linked to Livi Bank
The Hong Kong Monetary Authority (HKMA) warns the public about phishing messages related to Livi Bank, urging caution and providing guidance on preventing data breaches.
Hong Kong Academy of Finance Opens Applications for 2025 Financial Leaders Programme
The Hong Kong Academy of Finance has announced that the 2025 intake for its Financial Leaders Programme is now open, offering a nine-month transformative experience for emerging financial talents.
Cronos (CRO) Labs Bolsters Partnership with Google Cloud to Accelerate Ecosystem Growth
Cronos (CRO) Labs expands its strategic partnership with Google Cloud to enhance the growth of the Cronos blockchain ecosystem through key technological innovations and developer engagement.
Ethereum Opens Applications for Next Billion Fellowship Cohort 5
Ethereum is now accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology for solving real-world challenges.
Ethereum Foundation Launches 2025 Internship Program for Aspiring Developers
The Ethereum Foundation announces its first formal summer internship program for 2025, offering opportunities in research and development for aspiring Ethereum developers and researchers.
Character.AI Appoints Sunita Verma as Chief Technology Officer
Character.AI has appointed Sunita Verma, a former Google executive, as its new Chief Technology Officer to spearhead technological advancements in personalized AI entertainment.
Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC
Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.
Zcash is Clogging up in What Looks Like a Spam Attack
The Zcash protocol might be under a spam attack as analysts pointed out on Twitter in a long discussion that started on Wednesday. Being a privacy-focused protocol, Zcash’s “Shielded Transaction” feature designed for privacy is now being misused by the attacker.
SushiSwap Expands to Aptos Network Ahead of Over $20 Million APT Unlocking Tomorrow
Decentrallized Exchange Sushi has expanded to Aptos, a non-Ethereum Virtual Machine (EVM) chain, marking its first venture onto a non-Ethereum chain. Aptos, a Layer 1 blockchain, focuses on user experience and secure development, with its Move programming language for web3 applications. Sushi will introduce its version 2 Automated Market Maker, enhancing cross-chain trading experience and providing deeper liquidity across major blockchain networks. It is worth noting that the news comes as Aptos will unlock tokens valued at over $20 million tomorrow.
NFTs will be Everywhere in the Future because of Proof of Ownership, Expert says
Caroline Alexander, a finance expert at the University of Sussex, believes that non-fungible tokens (NFTs) will be everywhere in the future because anything that requires proof of ownership will be an NFT.
Manchester United Selects Blockchain Firm Tezos as Technical Partner
Manchester United has inked a multi-year deal with Tezos as its training kit sponsor, indicating it is one of the sustainable, reliable, and advanced blockchains providers.
Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners
Bit Digital has signed on with BitMine to buy ASIC miners that use oil cooled immersion technology to create a highly efficient environment for heat dissipation, provide superior mining production, and machine longevity.
Satoshi Island Secures Endorsement from Vanuatu PM to Build Bitcoin Island
Satoshi Island Limited, the startup that is committed to building the crypto capital of the world as a smart city in Vanuatu, has announced it has secured approval for its project from the Prime Minister of Vanuatu.
SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge
SushiSwap has deployed its contracts to five new networks. What should be expected of SUSHI's price in the next few days?
Shiba Inu ShibArmy Rallies Community Amidst 30% SHIB Price Drop and Shibaswap Delay
Shib Army acknowledges the current crypto market frustration and the bearish month of September, emphasizing the importance of crediting the Shibarium project and the #SHIBARMY community for their support and unity, encouraging positivity and resilience.
Binance to Launch New Trading Pairs Including DOGE, SHIB, PEPE, THETA, and AGIX
Binance announces the launch of new spot trading pairs and the expansion of trading bot services on its platform starting from March 7, 2024, aiming to enhance users' trading experience and provide a wider range of trading choices.
Terra's Partnership with Washington Nationals Raises Eyebrows
Terra, the cryptocurrency ecosystem that collapsed in May 2022, made a prominent appearance at Nationals Park during the Washington Nationals' home opener on March 30. Despite Terra's collapse, a partnership between the company and the baseball team had been in effect since February 2022, with the Terra community committing $38.2 million over five years to secure the deal. Terra's founder, Do Kwon, is currently in police custody in Montenegro and is reportedly facing harsh conditions in the penal system.
SoftBank CEO Does Not Understand Bitcoin Despite $200 Million Investment in BTC
After investing about $200 million in Bitcoin, SoftBank's CEO, Masayoshi Son reveals he does not understand Bitcoin.
Celebrity Kim Kardashian West Posts a Crypto Related Paid Story on Instagram
Celebrity Kim Kardashian West posted an Ethereum Max project on her Instagram story with 228 million followers, who might earn between $300,000 and $500,000 by a single posting on her Instagram account.
DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?
US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.
Shiba Inu Lucie Addresses Key Questions Around SHIB and Rug Pull
Lucie of Shibarium addresses concerns in tweets, emphasizing transparency and community resources. Highlights DAO development, token burns, and warns against misinformation. Discusses SHIB price drop and future uncertainties. Shibarium's active use and future plans mentioned.
UK Court Rules Against Craig Wright's Claims of Being Satoshi Nakamoto
A UK judge has ruled that Craig Wright, who claimed to have written the Bitcoin whitepaper, is not the elusive Satoshi Nakamoto.
Algorand Foundation Expands its Presence in India
Algorand worked with Hyderabad-based innovation hub T-Hub to assist companies access global financing.
Bitcoin is Now Worth More Than Warren Buffett’s Berkshire Hathaway with a Market Value of $540 Billion
The price surge past $29,000 has made BTC worth more valuable than Warren Buffett's Berkshire Hathaway.
Indian Cricket Regulator Bans Teams from Partnering With Crypto Firms
The Board of Control for Cricket in India (BCCI) has issued a directive to all franchises in the Indian Premier League (IPL) to desist from partnering with crypto exchanges in any form.
Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization.
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Shiba Inu Upcoming Developments Revealed: Shibaswap 2.0, Shibahub, Bone, TREAT, Metaverse
SHIB Inu team member Lucie announced upcoming developments on Twitter, including bone contract renouncing, Shibaswap 2.0, $TREAT, Shibahub, and Metaverse. She emphasized the team's focus on technology and its evolution, avoiding price pumping and emphasizing community cohesion and positivity.
PSV Eindhoven Secures Sponsorship Deal with Total Payments to be Made in Bitcoin
PSV Eindhoven has inked a new sponsorship deal with the total amount to be paid through Bitcoin.
The Story Behind Kakao and Klaytn's Blockchain Dominance in Korea
During Hong Kong Fintech Week 2019 held on Nov. 4-8, Zachary Keats, the Director of Corporate Development at Klaytn and Ground X, shared his insights on blockchain adoption initiatives in Korea. Kakao, a South Korean internet company offering a platform of services including messaging, cab-hailing, and payments, has developed Klaytn, the blockchain business arm of the company.
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.
JP Morgan, Ciena and Toshiba Partner to Establish Quantum Key Distribution Network
JP Morgan Chase, Ciena, and Toshiba announced to research a Quantum Key Distribution (QKD) system in groundbreaking research for better protection for blockchain networks from eavesdropping and quantum computing attacks.
WhaleFin is being sued by Atletico Madrid for unpaid sponsorship
Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.
Who is Satoshi Nakamoto? Elon Musk's Latest Guess Comes as No Surprise
Elon Musk emphatically noted that Satoshi might just be Nick Szabo, a computer scientist, legal scholar, and cryptographer known for his digital contracts and digital currency research.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
UK Court of Appeal Examines Copyright Claims over Bitcoin File Format
UK Court of Appeal reviews Dr. Craig Wright's claim of copyright infringement over the Bitcoin File Format. Wright alleges he is Bitcoin's creator, 'Satoshi Nakamoto'. The case's outcome could impact digital asset copyrights.
OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization
Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.
Astar Network Partners With Shibuya to Support Tokyo Ward’s Web3 Strategy
Blockchain innovation hub Astar Network has partnered with Shibuya, the Tokyo ward famed for its commerce and finance. The agreement will see Astar support Shibuya’s new web3 initiative and host events that support this strategy.
NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says
With NFTs continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData.
Dallas Cowboys Signs Deal with Blockchain.com, Becomes 1st NFL Team to Enter Crypto Space
Dubbed as the first crypto deal in the National Football League (NFL), the Dallas Cowboys have chosen cryptocurrency platform Blockchain.com as its “exclusive digital asset partner.”
President Biden Amplifies AI Safety and Security Measures with Executive Order
President Biden has issued an Executive Order on October 30, 2023, aiming to improve AI safety, security, and trustworthiness. The order requires rigorous testing of critical AI systems, advocates for data privacy legislation, and promotes AI's positive impact on healthcare, education, and the labor market.
Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.
Crypto Prices Remain in Red, Shina Inu Falls Over 15%
Cryptocurrencies remain to behave weakly after the weekend.
China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free
China’s blockchain initiative is going ahead full steam, but local and provincial officials are facing some resistance from stakeholders who are not enthusiastic about sharing their data.
Shiba Inu Shibarium Wallets Top 1 Million, Yet SHIB Price Faces Uncertainty
Shibarium, Shiba Inu's Layer 2 network, has successfully completed over 700,000 transactions and crossed 1 million wallet addresses. However, the $SHIB token faces price stability challenges, with the 99-period Moving Average as a strong resistance and an upward trending line as a support level.
Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto
Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.
Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects
Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform
Liquid Partners with Binance to Enhance Identity Verification with eKYC Solution in Japan
Liquid Inc. teams up with Binance to provide eKYC identity verification in Japan, leveraging AI-based facial authentication for secure and compliant user verification.
Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?
Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?
FIS Partners with Fireblocks to Enable Capital Market Clients to Access Crypto Products
The partnership between FIS and Fireblocks is set to enable capital markets buy-side, sell-side and corporate companies to gain access to the major crypto trading avenues.
Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
In December 2023, a significant increase in crypto thefts was triggered by an $81.5 million attack on Orbit Bridge, marking one of the largest attacks on cross-chain bridges in recent years.
Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm
Israeli’s largest insurance company fell victim to hackers this week and must pay huge amounts of funds in cryptocurrency to regain access to its data.
Global Shipping Business Network (GSBN) Bullish on Blockchain
Hong Kong-based nonprofit consortium Global Shipping Business Network (GSBN) remains optimistic about the potential of blockchain in logistics, with a platform that rivals Maersk's TradeLens. Major shipping partners like Cosco and Hapag-Lloyd have already joined, with a permissioned blockchain allowing only authorized parties to access data. Despite past failures, GSBN CEO Bertrand Chen believes blockchain has yet to fully catch on and its adoption may take another decade.
Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto
Decrypted, a movie speculated to be released by December 1, 2020, focuses on Satoshi Nakamoto’s persona as part of their story outline.
OpenSea Confirms Under Phishing Attack, after Urging Users to Migrate NFTs New Addresses
Some of the users from OpenSea have been targeted explicitly through a phishing attack, resulting in NFTs lost from the NFT marketplace.
SushiSwap CEO Proposes New Token Model
SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.
Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer
Shibarium has 1 million wallets and near 1 million transactions. It launched a hosted Blockscout explorer and expanded its token bridge to include various tokens. The Wrapped BONE contract has been verified, and Shibarium plans to renounce the Bone contract.
UK Treasury Officials Met with Crypto and Venture Capital Firms in Q1: Sources
Public disclosures indicated that top UK Treasury officials had engaged with crypto and venture capital companies in several meetings to bridge differences between the crypto industry and regulators.
SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged
Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.
SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023
SlowMist, a cybersecurity firm specializing in blockchain, released its weekly security report for the week of September 17-23, 2023. The report highlights a total of seven security incidents with an estimated loss of around $380,600. The week saw a significant rise in phishing attacks and rug pull tactics, as well as the emergence of diverse attack methods like DNS hijacking and contract vulnerabilities.
Alibaba to Bring Blockchain Technology to Chinese Shipping Ports
China is tapping into the potential of blockchain technology like none other; the country’s entrepreneurs and local governments alike have already started implementing blockchain-based projects while most of the globe grapples with legality issues.
Japan Moves to Boost VC Investments in Web3 Companies Through Cryptocurrency Acquisition Bill
Japan's government plans to amend LPS laws to allow cryptocurrencies acquisition and holding, aiming to simplify investment processes and support Web3 businesses, boosting domestic startups.
Freeport Launches Crowd-Ownership Platform for Warhol Prints
Freeport has received SEC approval to launch its crowd-ownership blockchain platform for a four-piece collection of Warhol prints, with each piece consisting of 10,000 shares and a minimum purchase of 10 shares per individual.
Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption
As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto based on its partnership with cryptocurrency exchange Korbit.
Report: TON and Telegram Forge Alliance in Q3 2023
The TON Ecosystem saw substantial growth and strategic alliances in Q3 2023. Notable highlights include a collaborative venture with Telegram, set to roll out the self-custodial wallet, TON Space, to Telegram's 800 million users, and a steady increase in TON accounts and on-chain active wallets. Various community initiatives and developer-centric events further illustrated TON's commitment to fostering a robust ecosystem, setting a solid foundation for its expansive vision in the crypto landscape.
Crypto Exchange Refuses to Give Up Dissident Names to Belarus Government
Belarus government officials have demanded that a Kuna.io crypto exchange disclose the names of potential dissidents that have leveraged their services.
Top 8 Credible Blockchain News Websites That Are Worth Reading in 2020
You might be familiar with the term “blockchain” if, during the recent years, you have been using cryptocurrency. Yet, if you search about it, you may find different definitions. We bring you one simple version: blockchain is a list of records, also known as a database or a” public book” that records bitcoin transactions.
Bitget Launches Blockchain4Youth Initiative
Bitget has announced the launch of its new corporate social responsibility project, Blockchain4Youth, which will provide blockchain courses and certifications, host campus lectures in partnership with universities worldwide, and incubate innovative projects by young entrepreneurs. The initiative will commence with a series of campus lectures on Web3 held in universities across Taiwan, Vietnam, and Thailand. Bitget plans to allocate $10 million over five years towards this project.
Facebook Blocks President Trump from Its Platform as Protestors Storm Capitol Hill
Facebook’s CEO Mark Zuckerberg announced Trump will now be blocked from using the social media platform.
Crypto Supports Formula 1 Racing in Modern Technology , Says Mercedes Lead
With 8 of the 10 teams in the 2022 Formula 1 (F1) grid featuring at least one crypto sponsor, Mercedes team principal Toto Wolff believes that cryptocurrencies are part of modern technology that cannot be avoided.
Trezor Wallet Investigating Potential Email Phishing Campaign
In yet another spate of attacks on prominent digital currency entities and hardware wallets, Trezor has issued a note of caution to its community of users about a potential phishing campaign it is currently investigating.
Terraform Labs Co-Founder Indicted for Terra Stablecoin Collapse
Shin Hyun-seong, co-founder of Terraform Labs, has been indicted along with nine other individuals for the collapse of the Terra stablecoin ecosystem. They are accused of fraud, breach of trust, and embezzlement, with illicit profits of nearly $350 million suspected. Prosecutors have seized assets worth a total of $180 million.
Developer Turns $700 into $6,000,000 in Four Months
In a tale that seems to come straight out of a rags-to-riches novel, one user has managed to turn a humble $700 investment into a staggering $6,000,000 in just four months.
Did Satoshi Nakamoto Move His Bitcoin Yesterday? No, But Craig Wright Shot Himself in the Foot
On Wednesday a Twitter bot reported that a Bitcoin transaction came from a wallet that possibly belonged to Satoshi Nakamoto, the anonymous creator of the network and author of the Bitcoin whitepaper. Oh and Craig Wright trips over own story,
Shibarium Wallets Surge 200% to 306K in One Day: Limited Impact on Shiba Inu ($SHIB) Price
Shiba Inu's Shibarium Layer 2 network has experienced a 200% increase in wallet addresses, processing 524,559 transactions, and mining 368,891 blocks. The network's mainnet and cross-chain bridges are operational, enabling quick withdrawals. Despite this, the Shiba Inu price has only increased by 2.5% in the past 24 hours.
Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data
A mysterious Bitcoin user inscribed 9MB of raw binary data on the blockchain, spending over $64K. The encrypted data's purpose remains unknown, stirring speculation in the crypto world.
Binance’s Partnership with Eqonex Raises Concern from UK’s Financial Regulator
Binance continued access to the UK payments network is a rising concern to the UK's Financial Conduct Authority.
Jimbos Protocol Loses $7.5M in Ether Due to Security Breach, JIMBO Token Value Plummets
Security breach in Jimbos Protocol, a liquidity protocol operating under the Arbitrum system, resulted in a significant loss of 4,000 Ether (ETH), approximately worth $7.5 million, on May 28.
Shiba Reaches All-Time Following a Price Surge More Than 46%
Shiba Inu touched an all-time high following a price surge of more than 46% in just two days to become the 11th-biggest cryptocurrency by market value.
Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?
The SUSHI token may suffer a second drop, which could plummet below $1. Here's why.
US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members
A US district judge has ruled that bZx DAO transactions are custodial due to the ability for developers to upgrade a smart contract where the key is held by a single developer, as highlighted in a class-action lawsuit against bZx DAO and others. This may impact DeFi platforms that use multisigs and require them to obtain custody licenses to comply with the law.
AI Image Service Bans Xi Jinping Pictures
Midjourney, an AI image generation service, has banned users from creating pictures of Chinese President Xi Jinping. However, users have found a workaround by creating deepfakes instead. Midjourney has disabled access to its free trial version to prevent the proliferation of deepfakes on its platform. The ban has sparked criticism from some, who argue that it is a form of censorship and undermines free speech.
Citi Forecasts Major Shifts in Cross-Border Payments Landscape
Cross-border payments are expected to rise from $150 trillion in 2017 to over $250 trillion by 2027, marking a $100 trillion increase within a decade. Citi's Global Perspectives & Solutions report highlights the transformative potential of the industry, with 90% of financial institution clients believing at least 5% of market share will transition to FinTechs in the next 5-10 years. Challenges include legacy technologies and regulatory obligations.
Blockstream CEO Criticizes Sushiswap as a "Ponzi" Scheme, Ripple as a "Scam," Litecoin for "Sell the Top"
Blockstream CEO, as the firm supporter of Bitcoin, just issued a series of tweets, criticizing Sushiswap, Ripple and Litecoin.
DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges
Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.
SushiSwap to Redirect Trading Fees to its treasury
SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.
Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans
Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings.
Women Taking on the Mantle of Leadership in Blockchain and Crypto Law
Women cryptocurrency and blockchain lawyers are taking the helm in several major law firms as they are leading blockchain practice groups in at least a half-dozen reputable law firms, such as McDermott Will & Emery, Morrison & Foerster, and Goodwin Procter.
ShapeShift Responds to Elizabeth Warren
Shapeshift responded to Senator Warren's Valentine's Day Senate hearing statements on Twitter on Feb. 19.
Celsius CEO Resigns amid Broader Bankruptcy Tango
Alex Mashinsky, the Chief Executive Officer of the embattled crypto lending firm Celsius Network has tendered his resignation as the head of the firm, effective immediately.
El Salvador to Reform Laws to Favor Citizenship through Investment
President Nayib Bukele is pushing for several policy reforms that will grant Citizenship by Investment to foreign investors, according to his recent disclosed message on Twitter.
Web3 Security CertiK X Account Compromised in Phishing Scam
CertiK, a blockchain security firm, suffered a cyber attack on its X account, leading to phishing scams, raising concerns about crypto security vulnerabilities and sophisticated social engineering tactics.
The DeFi space is on a path of steady recovery as good actors
Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.
Celsius Denies Allegation of CEO Leaving US
Celsius Network has denied its CEO's leaving from the US, claiming that all related allegations are false. Alex Mashinsky was reportedly stopped by authorities, amid insolvency rumours about his company.
Stripe Resumes Crypto Service Offerings, Partners with FTX
Stripe is rejoining cryptocurrency space support again by building partnerships with FTX.
Tangem Announces Partnership for SHIB-Themed Cold Wallets, Strengthening Shiba Inu's Ecosystem
Tangem, a prominent player in the blockchain industry, has announced it will unleash SHIB-themed cold wallets.
Washington D.C. Attorney Faces SEC Insider Trading Charges
Romero Cabral da Costa Neto, a visiting attorney at a global law firm, has been charged with insider trading by the SEC, alleging he accessed confidential information about Swedish Orphan Biovitrum's acquisition of CTIC and purchased over 10,000 shares.
Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured
US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.
UK to Host First International AI Safety Conference in November
The United Kingdom is set to host the world's first international conference on AI safety on November 1-2, 2023. The summit aims to position the UK as a mediator in tech discussions between the US, China, and the EU. Prime Minister Rishi Sunak will host the event at Bletchley Park, featuring notable attendees like US Vice President Kamala Harris and Google DeepMind CEO Demis Hassabis. The conference will focus on the existential risks posed by AI, among other safety concerns.
Bitget creates an AI-powered crypto trading tool
Bitget, an influential entity in the fields of crypto derivatives and copy trading, has introduced a novel tool called the Martingale AI trading bot. This AI-powered innovation is engineered to help its users trade cryptocurrencies with higher efficiency.
Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?
Analysis of why the Bitcoin and crypto market going up and potential opportunities and risks ahead.
Significant Shiba Inu Token $SHIB Moved from Coinbase to Dormant Account
A dormant account received 841B $SHIB ($8.8M) from Coinbase after 2 years of inactivity. This move coincided with a notable surge in $SHIB's price, sparking intrigue in the crypto community.
Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis
Both the stock and crypto market could go down, the bitcoin price appears ready to drop.
Satoshi Nakamoto Will be the World’s Richest Person if Bitcoin Hits $181,000
Crypto analyst Joseph Young has said that Satoshi Nakamoto will be the world's richest person if Bitcoin was to hit $181,000.
Atomicals Market Addresses Security Breach and Announces Compensation Measures
Atomicals Market has implemented measures to restore user trust and enhance platform security following a significant security breach, emphasizing community engagement's crucial role in protocol's future.
OKLink Reveals $103M Blockchain Losses in February 2024
OKLink's February 2024 report details $103M in crypto losses, highlighting the critical need for heightened security measures.
COPA Sues Self-Declared Bitcoin Founder Craig Wright
Cryptocurrency Open Patent Alliance (COPA), an initiative created by Twitter CEO Jack Dorsey’s payment company Square, has moved to sue Craig Wright over the Bitcoin white paper.
ZachXBT: Deceptive Promotions of Meme CBOT and BABYSHIB with Crypto Influencers Revealed
ZachXBT has exposed alleged deceptive promotional tactics by crypto influencers regarding meme CBOT and Shiba Inu family BABYSHIB tokens. He claims they provided wallet addresses linked to CBOT team transactions and sold off tokens quickly. The crypto community has reacted with concern, highlighting the importance of transparency and ethical practices.
Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under
The Australian Cyber Security Center has published a report highlighting vulnerabilities that are being exploited by hackers using cryptojacking malware.
Celsius CEO Alex Mashinsky Involves Untimely Trading Prior to Crash: FT
Celsius's Chief Executive Officer, Alex Mashinsky, has been practically handling untimely trading activities of the firm since January.
Paxos Identifies Key Opportunities During Crypto Winter
Blockchain infrastructure provider Paxos has published a report identifying opportunities for crypto projects during the current market conditions, including seeking solutions and partnerships. The report highlights the usefulness of stablecoins while acknowledging the need for greater transparency. Partnerships with businesses addressing real-world needs were also deemed important. The CEO of the Stellar Development Foundation suggested that regulating stablecoins may be necessary to maintain a strong dollar, while a recent Bank of International Settlements report deemed stablecoins a less preferable form of tokenized money.
What the UK Prime Minister's Resignation Means for the Crypto Industry
UK Prime Minister, Liz Truss has resigned, stirring uncertainty on the future of the Crypto Industry
Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations
Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations.
About 6,000 Users Falls Trap as Victims under Phishing Attack: Coinbase
The Nasdaq-listed trading platform, Coinbase, says about 6,000 of its users were suffering as victims of a phishing attack that saw user's balances cleared.
Tackling DeFi Scams: Making Pre-sale Ecosystems Safer
Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.
Wallet of Satoshi Withdraws from the U.S. Market Amid Regulatory Challenges
Wallet of Satoshi withdraws from U.S. market, highlighting regulatory challenges faced by crypto service providers like GameStop and Binance, reflecting evolving U.S. cryptocurrency regulation landscape.
Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions
Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.
Platypus Finance Suffers Exploit Resulting in Over $2M Loss
Platypus Finance, a DeFi protocol on the Avalanche blockchain, suffered an exploit on 12th October 2023, leading to a loss of over $2 million. The protocol had temporarily suspended all pools due to suspicious activities and is working towards resolving the issue. Blockchain security firm PeckShield Inc identified and disclosed the exploit, underscoring the need for enhanced security measures in the DeFi space.
3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600
The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud.
The Sandbox Taps Cybersecurity Firm Brandshield to Tackle Rising NFT Frauds
The Sandbox said introducing cybersecurity solutions with Brandshield is a testament to its efforts to stay ahead of fraudsters and build a fraud-free digital environment.
GSBN Adopts Blockchain to Share Shipping Data with Financial Insitutiotns
Global Shipping Business Network (GSBN) has adopted blockchain technology to speed up pilot transactions by unifying the consent collection and sharing of shipping data with financial institutions.
Will Blockchain Make Shipping more Efficient in the Future?
Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.
Shiba Inu SHIB Price Plummets Over 30% in Summer of Shibarium, Here is Why
SHIB, Shiba Inu's native cryptocurrency, experienced a 36% price drop following the "Summer of Shibarium" announcement. Despite a surge in trading volumes and open interest, Bitcoin's price dropped by 13% and SHIB fell by 12%. Investors should be cautious before potential price drops.
Decentralized Exchange SushiSwap Nominates Jonathan Howard as 'Head Chef'
Decentralized exchange SushiSwap has nominated Jonathan Howard as Head Chef - an official title given to the project's chief executive officer.
India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform
In the latest development, India’s largest port operator announced on May 27 it is adopting blockchain technology through its shipping and invoicing business.
What is SHIB Burn and Impact on Price?
Explore SHIB burn: the process of removing SHIB tokens from circulation, the addresses used, and its impact on price.
Shiba Inu's SHIB Price Up Nearly 10% and Trading Volume Doubles Over Last 24 Hours
The Shiba Inu's SHIB price surged around 10% in the past 24 hours, while Bitcoin remains stuck at around $29,400. This surge makes SHIB one of the hottest cryptocurrencies, raising interest among traders.
Bitcoin Ordinals: Controversial but Here to Stay
Bitcoin Ordinals, the ability to permanently store data on the Bitcoin blockchain, are a controversial topic within the cryptocurrency community. However, builders and CEOs of Bitcoin-focused companies see potential for the technology, despite concerns over blockchain congestion and offensive content. Ordinals offer a new use case for the Bitcoin network beyond peer-to-peer cash, allowing for permanent and censorship-resistant storage of culturally significant events and data.
Financial Way of Future, Building Wealth Are Key Drivers of Owning Crypto: Study Shows
A study showed up to 42% and 41% of people think owning crypto is the financial way of the future and wealth-builders, respectively, according to Visa.
Mt. Gox Updates Creditors on Repayment Progress
Mt. Gox cryptocurrency exchange has provided an update on its repayment progress for creditors. The company's rehabilitation trustee, Nobuaki Kobayashi, announced that the deadline for creditors to provide their repayment information has passed, and that repayments will be carried out until October 31, 2023, with the possibility of an extension. The repayment process is expected to take some time due to necessary preparations.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
ShIB and LPT Lead the Surge of Meme Coins as Bitcoin Stagnates at $29,400
ShIB and LPT lead the meme coin surge, with trading volumes of $2.25B and $975.24M on Binance Futures. Top gainers include BLZ, LPT, and RUNE, while Bitcoin remains stagnant at $29,400.
SHIBA INU Continues to be the Top Trending Topic in Crypto Amid an 889% Monthly Surge
SHIBA INU (SHIB) is emerging as the new kid on the cryptocurrency block.
Shiba Inu Shibarium's Wallets Top 100,000 as Transactions Exceed 445,000
Shibarium, Shiba Inu's Ethereum Layer 2 network, has achieved 100,000 wallet addresses and 445,000 transactions, demonstrating rapid adoption, user engagement, and lower transaction costs for decentralized finance applications and NFTs.
Crypto.com Signs 5-Year Deal with Australian Football League, Worth $25m Sponsorship
Crypto.com announced that has signed a five-year partnership agreement with the Australian Football League, sponsoring it for $25 million to develop sports business.
Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”
Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi for a whopping $6 million.
Sushi Chef Addresses SEC Subpoena
Jared Grey, head chef of Japan-based DAO, Sushi, stated that no one associated with Sushi has violated U.S. federal security laws in response to a subpoena from the SEC. Grey is cooperating with the SEC and stated that it is unknown whether further subpoenas will be issued to others linked with Sushi.
US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral
Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.
PayPal May Be Considering Launching Its Own Stablecoin
PayPal may be looking to launch its own stablecoins in the future, as it has been reportedly been meeting with stablecoin developers.
Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity
Adam Back clarifies that no one knows the Bitcoin creator and claims that Satoshi Nakamoto was a single person who programmed and coded Bitcoin.
Coinbase Extends Services to Institutional Users
Coinbase Global Inc said the exchange it is offering prime brokerage services for institutional customers, Bloomberg reported Tuesday.
Shiba Inu SHIB Dream NFT Collection Debuts on PawZaar
The Shiba Inu community is launching PawZaar, an NFT marketplace that combines art and community values. The Shib Dream NFT collection includes quarterly profits for select holders, digital currency rewards, and collaboration with other projects. Profits are allocated for noble causes and sustainability.
Tornado Cash Used to Siphon $500k from Hacked DAO Maker - PeckShield
Blockchain Security Company PeckShield and Crypto Security Specialist, CertiK have announced that a hacker laundered $500, 000 DAI stablecoins via Tornado Cash
ShapeShift Settles with SEC for Operating as Unregistered Crypto Asset Dealer
ShapeShift AG has settled with the U.S. Securities and Exchange Commission (SEC) for operating as an unregistered dealer of crypto asset securities, agreeing to a cease-and-desist order and a $275,000 penalty.
South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs
Han Sung Motor, a South Korean imported car dealer, has rolled out non-fungible tokens (NFTs) to offer customers a secure and convenient experience because they can check car details using their smartphones.
Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance
The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.
SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap
SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.
Lionel Messi Becomes Sorare’s Brand Ambassador and Investor
Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor.
Shiba Inu's Mysterious Founder Ryo Suzuki Explored
TruthLabs has revealed the founders of Shiba Inu, a meme-based cryptocurrency, as Ryoshi, an anonymous individual, who was an intern at Microsoft at the time.
Coinbase Lands in Japan, Pairing with Mitsubishi UFJ Financial Group to Expand Crypto Trading
US cryptocurrency exchange Coinbase announced partnered with Japan's largest bank Mitsubishi UFJ Financial Group (MUFG), to expand cryptocurrency trading in Japan.
Satoshi Nakamoto's last unfinished project inspires this new online marketplace disruptor in the crypto space
A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto.
The Crypto Council for Innovation Announces First-Ever Leadership Team
The crypto council continues to invest and grow to advance its mission of advocating for benefits of cryptocurrencies to policymakers, regulators, and people around the globe.
Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet
A recent transaction of 27 BTC to a Satoshi Nakamoto wallet has raised interest in the cryptocurrency community, particularly considering the Genesis Block's 15th anniversary. This event celebrates Bitcoin's history and raises questions about its future and originator.
Shiba Inu On Track to Follow Dogecoin Rally Amid Musk's Twitter Buying
Shiba Inu has found success quickly and is currently the second-largest meme coin in the market. But its impressive performance appears related to Doge.
Almost $5m Withdrawn from ZB.com in Possible Hack
The crypto exchange had halted client withdrawals on Tuesday, citing "temporary maintenance" of the platform, following which the suspected hacking of $4.8 million was executed.
HUAWEI CLOUD and COBO Announce Strategic Blockchain Partnership in Asia
HUAWEI CLOUD, the cloud service division of global technology titan Huawei, has officially entered into a "Memorandum of Understanding (MoU)" with COBO, a frontrunner in digital asset custody solutions. This landmark announcement was made during an exclusive, closed-door event.
Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)
The team at Unizen, operating the Web3 ecosystem found at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019
In 2019, crypto fundraising and M&As began migrating over to Asia, Europe and the Middle East and saw a lack of new VC investments as the majority of funding came from crypto firms within the industry, according to PWC’s latest report released on April 6.
Trezor Hires Jan Andrascik as Chief Information Security Officer
In the new role, Jan Andraščík is tasked with protecting SatoshiLabs’ data, systems, and physical security.
Crypto Market Roundup: Top Earners and Losers for Today
Cardano and The Graph are the top gainers today, while the performance of Shiba Inu and IoTex hit the worst to become the biggest losers today.
UK Chancellor Rishi Sunak Proposes Crypto Adoption and CBDCs as Priority for Treasury Reform
The Chancellor of the Exchequer Rishi Sunak has listed crypto adoption and CBDCs amongst the Treasury's focus demanding reforms in the future.
EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto
Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.
Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M
TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.
Self-Acclaimed Bitcoin Inventor Craig Wright Vindicated in Kleiman Lawsuit
A federal jury in Miami has vindicated self-acclaimed Bitcoin (BTC) inventor Craig Wright in a lawsuit involving him and his late business partner, Dave Kleiman.
Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting
A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.
The luxury fashion brands that have entered the world of cryptocurrencies
There are many reasons why consumers navigate towards luxury goods in ever-increasing numbers. While the hefty price tags are often enough to deter many shoppers from purchasing, others are ready to spend the extra cash for something of superior quality.
Microsoft’s Crypto Patent Fuels Another Right Wing Satanic Conspiracy By Ex-CIA Agent
Ex-CIA agent Kevin Shipp has dragged Microsoft's crypto-mining patent right back into the center of another right-wing conspiracy.
VC Shima Capital to Launch $200m Shima Capital Fund I for Web 3 Industry
Early-stage venture capital Shima Capital will launch Shima Capital Fund I, the first fund to support emerging digital assets for web3 and crypto startups.
Two US Nationals Charged With SIM-Swap Cryptocurrency Theft
Federal prosecutors have charged two US citizens with a SIM swap and phishing scam that led to a theft of over $16,000 worth of cryptocurrency.
Shiba Inu Announces Metaverse Initiative Codenamed "Shiberse"
Shiba Inu announced the launch of the Shiberse, a metaverse world that will be focused on redefining the incentivization model for its growing community.
Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC
Recently, a Bitcoin sex scam that has been running since 2015 accumulated fraudulent funds of approximately $115,000 before being detected.
STEPN Integrates Apple Music into Web3 App
Apple and STEPN have collaborated to integrate Apple Music into the STEPN app, marking a second milestone following the Apple Pay integration. This move signifies the growing acceptance of Web3 apps and a step towards bridging the Web2 and Web3 divide, enhancing user experience, and signaling future collaborations between traditional and decentralized tech platforms.
Reversing Censorship on Ethereum
Ethereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.
Bitso Inks Deal as the Official Sponsor of Sao Paulo Football Club
South American trading platform, Bitso has inked a partnership with the Sao Paulo Football Club to be the team’s official sponsor from now until the next three years.
Ferrari Terminates Crypto Sponsorship Before 2023 Formula One Season
Ferrari lost $55 million by ending its multi-year partnerships with Velas and Snapdragon before the 2023 season. The 2021 Ferrari-Velas alliance included NFTs and other attempts to engage fans. After canceling its cooperation with FTX, Mercedes lost $15 million.
State Street Partners with Copper.co to Offer Crypto Custody Services to Customers
The partnership will continue to help State Street bank to provide digital and crypto asset services for its clients.
Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin
UK government report reveals cybercriminals are targeting English Football Clubs with ransomware attacks.
DeFi Bubble Burst: SushiSwap and Uniswap Lead the DEX Token Crash, Reaching New Lows
Uniswap's UNI token reached a new low at $2.478 today, dropping by 83.48% from $15 of a record high on Sept. 17, the first day it launched.
Cardano Addresses Fake ADA Giveaway Claims on YouTube
Cardano CEO Charles Hoskinson has once again come forward to address the issue of cryptocurrency scams targeting his ADA empire and has been quick to refute any associations phishers made with the Cardano Foundation.
Growth of Memecoins Shows the "Power of Decentralization": CZ
Changpeng Zhao, the Chief Executive Officer of Binance, known on social media as “CZ”, said in an interview with the Associated Press that the growth of memecoins, particularly Dogecoin is a direct reflection of the “power of decentralization.”
Mercedes F1 Team Terminates FTX Partnership
Mercedes formula one (F1) team suspended its sponsorship deal with troubled crypto exchange FTX.
Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto
Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions.
Shiba Inu's Shibarium Hits 600k Wallets and 700k Transactions
Shibarium, Shiba Inu's Layer 2 network, has reached new milestones with 634,438 wallet addresses and 698,607 transactions. Despite initial technical challenges, collaborations with Alchemy have scaled operations, and asset withdrawals now occur within 45 minutes to 3 hours.
Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman returns as OpenAI's CEO, with a reconstituted board, after a brief ouster, underscoring his pivotal role in the AI industry.
Censorship, Cancel Culture, and Common Sense
Much as been made of so-called “cancel culture” and the power of the tech platforms globally. Here’s what I think.
Shinhan Bank and SCB TechX Achieve Milestone with Successful Stablecoin Remittance Pilot on Hedera Network
Shinhan Bank, SCB TechX, and Taiwan's largest financial institution have successfully completed a stablecoin remittance proof-of-concept (PoC) pilot on the Hedera network, as announced on July 18th, 2023.
Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022
Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic official companies, prompting users to share personal information such as private keys. Attackers are evolving their strategies to lure unwary crypto investors. Recently, hardware cryptocurrency wallet provider Trezor warned against attempts to steal users' crypto through fake Trezor sites. In a survey, one out of seven respondents admitted to being affected by cryptocurrency phishing.
SUSHI and YFI Price Manipulation on dYdX v3 Revealed
The recent dYdX v3 incident, involving significant price movements of SUSHI and YFI tokens, has raised crypto community concerns. The attacker deposited $5.3 million, took leveraged positions, and caused liquidation events.
Shiba Inu Unveils ShibariumSSI: A Revolutionary Step Towards Self-Sovereign Digital Identity
Shiba Inu launches ShibariumSSI, a platform for Self-Sovereign Identity (SSI), emphasizing user control over digital data with features like self-custody and zero-knowledge compliance.
Twitter Says Bitcoin Hack Originated From Phone Phishing Attack
On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.
Payments Firm FIS Worldpay Taps Shyft Network, Enhance Global Crypto Regulation Compliance
FIS Worldpay wants to enable its merchants to comply with crypto-related regulations defined by FATF rules.
Coinbase Pro Will List Uniswap Token UNI Instead of Sushi Token
Major United States crypto exchange Coinbase will list the Uniswap token UNI which was launched earlier today but snubs Sushi token.
Doppel Secures $14M in Series A Funding Led by Andreessen Horowitz
Doppel, a San Francisco-based AI digital risk protection company, secures $14M in Series A funding led by Andreessen Horowitz, aiming to enhance AI-powered brand security against digital threats like impersonation and phishing.
IKEA Permits Invoice-Payment through Ethereum Blockchain
IKEA recently permitted an invoice to be paid from Nordic Strore through the Ethereum blockchain.
Visa Rolls Out Creator Program to Empower Artists with NFTs
Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).
Sushi Goes Live on Blast, Revolutionizing DeFi with Layer 2 Yield Innovation
Sushi has expanded into Ethereum's Layer 2, launching on Blast to offer users enhanced yield opportunities and reduced gas fees.
Interactive Brokers Taps OSL To Offer Digital Assets Services in Hong Kong
Interactive Brokers is working with OSL Digital Securities to expand the use of virtual assets dealing services in Hong Kong, witnessing investors' growing interest in exploring opportunities in investing in crypto-assets.
Vietnam Blockchain Association Signs Strategic Partnership with Binance To Drive Blockchain Innovation
The Vietnam Blockchain Association and Binance will collaborate on developing innovation for the local blockchain ecosystem.
Crypto Firms Spent Over $3B on Sports Ads, Research Shows
A study conducted by Safe Trafe Binary Options shows crypto firms are eyeing this sector to harness a new generation of investors, spending over $3 billion dollars this year alone.
Is Ethereum's Move to PoS Really an Upgrade?
Proof-of-Work is a solution to the Byzantine Generals' Problem. Ethereum's move to PoS looks more like a downgrade into previous solutions that Satoshi Nakamoto tried to avoid.
TradingView Pairs with OKX, Offering Over 260 Cryptos Trading
TradingView, a leading charting and trading platform, has partnered with crypto exchange OKX, bringing over 260 cryptocurrencies to its framework.
DTube
What is DTube? What are the differences between DTube and YouTube? Learn Dtube by comparing it with YouTube.
KuCoin User Linked to Memecoin Scams
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockchain explorer Etherscan.
Dubai's VARA Appoints Matthew White as CEO
Dubai's VARA is appointing Matthew White as its new CEO, focusing on regulatory compliance in the cryptocurrency space, following a leadership transition.
Will Shiba Inu SHIB reach $1 by 2030?
Shiba Inu's 600 trillion SHIB coins are in circulation, but reaching $1 requires a market cap of $600 trillion, ten times the combined valuation of all U.S. stocks.
Custodia Bank CEO Caitlin Long Slams Regulators
The Custodia Bank CEO joins other crypto leaders in criticizing Washington's "regulation by enforcement" strategy.
Crypto.com and LeBron James Partner on Web3.0 Educational Opportunities
Singapore-based cryptocurrency exchange Crypto.com has announced its strategic partnership with basketball legend, LeBron James and the LeBron James Family Foundation (LJFF) to help bring education and workforce development initiatives on Web3.0 to underserved individuals
Premier League in Talks to Enter $34.7M Deal with NFT firm Sorare
Premier League, one of football's largest organizations globally, is planning to talk with its teams about a proposed multi-year contract with Sorare for digital collectables.
Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business
Coinbase has been beefing up a team focusing on emerging markets in other areas of the globe.
SEC Scholars Program Opens Applications for Fall 2023 Internship
The SEC is accepting applications for its Scholars Program for Fall 2023. The program offers internships for undergraduate and graduate students in business and legal programs. The traineeships are paid and range from $15.09 to $35.27 per hour. The SEC encourages students with an interest in blockchain, computer science, and cybersecurity to apply.
Former Ripple Partner MoneyGram Allows Customers to Sell and Purchase Cryptocurrency at 20,000 US Locations
MoneyGram has partnered with Coinme to let customers buy cryptocurrency and withdraw it from physical locations in the United States.
Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam
The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.
Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network
Unchained and Bakkt have partnered to enhance their Collaborative Custody Network, enhancing their capacity to secure over $3 billion in bitcoin assets.
Litecoin And Atari Bring the Highly Anticipated Atari Token to The Market
US videogame producer Atari has partnered with Litecoin to facilitate cryptocurrency usage and payments across its gaming ecosystem.
McLaren Racing Signs a Multi-year Partnership with Crypto Exchange OKX
McLaren Racing, a British motor racing team, has inked a multi-year deal with crypto exchange OKX, formerly OKEx, to be the primary partner of McLaren Shadow esports Team and McLaren Formula 1 (F1) Team from this year.
Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE
A look into the DeFi markets shows that SushiSwap's SUSHI, Uniswap's UNI, and Aave's AAVE token experienced the most growth in the past week.
UK Seeks to Recognize Bitcoin and Crypto as Regulated Financial Instruments
The UK Parliament recently voted to regulate Bitcoin and crypto assets as financial products
Singapore Authorities Issue Warning Against Rising Cryptocurrency Malware Threats
Singapore's Police Force and Cyber Security Agency have jointly issued an advisory warning about the increased risk of cryptocurrency drainers, urging users to adopt stringent security measures.
Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan's First Crypto Asset Trust Services
Mitsubishi UFJ Trust Bank and Ginco are partnering to provide Japan's first-ever trust services for crypto assets, in line with Japan's Payment Services Act and tax reforms.
NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.
Crypto Tax Accounting Firm TaxBit Receives Strategic Investment from Haun Ventures
TaxBit plans to use the new investments to boost its tax and accounting infrastructure.
SushiSwap (SUSHI) Token Price Surges Over 15% After Merger with Yearn.finance
SushiSwap’s SUSHI token has become the best performing asset in the past 24 hours, and the DeFi token has been able to climb nearly 60 percent in a week.
Binance Undergoes Leadership Shakeup Amid DOJ Investigation
Binance names Richard Teng as CEO amid Changpeng Zhao's departure due to legal issues, signaling a new leadership era as the company navigates a DOJ probe.
Ethereum's Vitalik Buterin Donates His Meme Coins to Fund Covid-19 Charity Initiatives
Vitalik Buterin donated a huge chunk of dog-themed cryptocurrencies to various non-profit organizations, including the India COVID-19 Relief Fund.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
Binance.US Distances Itself from Binance.com; CZ Steps Down as Chairman
Binance.US declares operational independence from Binance.com, reassures customers, and remains compliant with U.S. regulations, following a $4.3 billion settlement. Chairman Changpeng Zhao steps down.
SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?
SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.
Bitcoin Dropped Below $10K, 3 Reasons Bitcoin and Crypto Market Will Crash Again
3 reasons the Bitcoin and crypto market are ready for a second crash. Here's why.
Shiba Inu Prepares NFT Crypto Game Shiba Eternity’s Last Pilot Test in Australia
The first testing of Shiba Eternity took place in Vietnam, where in the recent past Axie Infinity, a blockchain-based play-to-earn game, exploded as a viable source of income among users.
IBM and KAYA&KATO Leverage Blockchain to Trace Fabric Origins
Tech giant IBM has teamed up with KAYA&KATO, a textile manufacturer of workwear and uniforms, in developing a blockchain network aimed at revamping the fashion industry.
Bitcoin Association Bestows First-Ever Satoshi Nakamoto Scholarship to PhD Student
Bitcoin Association, a leading global organization for Bitcoin business, has revealed its first-ever Satoshi Nakamoto Scholarship to a 2nd year Cambridge University Phd student undertaking human genomics. Robin Kohze is the beneficiary of the scholarship after he successfully took part in a series of blockchain competitions, whereby he emerged second at Bitcoin Association’s 2nd Bitcoin SV Hackathon.
OKX Sponsors $20m Training Kit for Soccer Team Manchester City
Crypto exchange OKX, formerly OKEx, announced on Sunday that it will invest more than $20 million to sponsor Manchester City's training kit this season.
What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase
The decentralized finance (DeFi) industry has surpassed $9 billion in total value locked (TVL) recently resulting from the latest surge in popularity.
Binance.US Struggles to Find a Bank Partner in the United States
Binance.US is facing challenges in securing a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States. Recent regulatory crackdowns on banks with crypto clients, along with failed attempts to establish direct banking relationships, have left Binance.US without banking services.
Ledger Hacker Dumps Hardware Wallet Users’ Personal Info on Public Server
Ledger, the leading cold wallet manufacturing company, appears to be reaping the consequences of an earlier hack that compromised its clientele base.
Paxful Joins Hands with iProov, Providing Identity Verification
Paxful, a leading peer-to-peer (P2P) crypto trading platform, has selected iProov to revamp user identity verification when onboarding and making transactions.
South Korean Brokerage Firms Form Consortium for Tokenized Securities
South Korean brokerage firms KB Securities, NH Investment & Securities, and Shinhan Investment Corporation form a consortium to jointly venture into the tokenized securities market. The collaboration aims to build a common infrastructure and explore strategic business models, targeting cost efficiency and market expansion.
Robinhood Rolls Out Tokens Offerings, Adding SOL, SHIB, MATIC & COMP
To meet customer requests for a broader selection of cryptocurrencies, American financial services company Robinhood has listed Shiba Inu, Solana, Polygon and Compound.
DeFi Market Recovers as Sushiswap (SUSHI) Migration Resulted in 225% More in Total Value Locked
Decentralized finance projects recently witnessed its tokens plummet, crashing up to 50%. The DeFi industry has slightly recovered, rebounding 19% today.
Greenpeace's Bitcoin Art Piece Praised by Supporters
Environmental group Greenpeace commissioned an art piece dubbed the "Skull of Satoshi" to highlight the climate impact of Bitcoin mining, but the piece has been praised by Bitcoin supporters who want to adopt it as their mascot. The 11-feet-tall skull features the Bitcoin logo and red laser eyes, with "smoking stacks" made of recycled electronic waste to represent the fossil fuel and coal pollution caused by Bitcoin mining.
Shibarium Goes Live: A Comprehensive Overview
Shibarium, an Ethereum layer-2 scaling blockchain, has successfully launched, generating over 65,000 wallets and 350,000 transactions. Despite initial challenges, it has scaled up 1500%, demonstrating transparency and security through an insurance provision and a proof-of-participation consensus mechanism.
Google Ads Used in $4M Crypto Phishing Scam
Scammers have stolen over $4 million in cryptocurrency from users falling for phishing websites promoted on Google Ads, according to blockchain analytics by ScamSniffer. The fraudulent websites prompt wallet login signature requests that compromise users’ addresses, and have targeted decentralized finance protocols, websites and brands. Metadata from some of the phishing websites has been linked to advertisers in Ukraine and Canada, who bypass Google’s ad review process by manipulating the Google Click ID parameter and using anti-debugging methods. ScamSniffer estimates that scammers spent around $15,000 on advertising which provided a return on their investments of 276%, given the $4 million stolen to date.
Fake Arbitrum Airdrop Scam Circulated on Discord
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam. Investors are advised against interacting with the announcement until further clarification from Arbitrum.
Crypto Prices This Week: Market Cap Stays above $1 Trillion, BTC, ETH, DOGE, SHIB, AR
The crypto market is generally higher at the start of this week but continues holding a sideways pattern.
Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications
Tron founder Justin Sun has withdrawn $60M in cryptocurrencies from Binance since December 2023, including major assets like Ethereum and Shiba Inu, sparking market speculation.
Chinese Banks Embrace Crypto in Hong Kong
Chinese banks are collaborating with cryptocurrency companies in Hong Kong, providing account services and acting as settlement banks. Despite China's crackdown on crypto in the mainland, the country's state-affiliated banks are building partnerships in Hong Kong, taking advantage of the city's push to become a crypto hub.
Cryptocurrency Phishing Attacks Surge in 2022
Kaspersky reports a 40% YoY increase in cryptocurrency phishing attacks in 2022. These attacks involve fake websites and communication channels that mimic official companies to trick users into sharing private information such as private keys. Kaspersky warns that scammers continue to evolve their techniques and stories to lure in unsuspecting crypto investors.
West Ham United Inks Deal with Fetch.ai, Harnessing the Power of AI & Blockchain
As an artificial intelligence (AI) and machine learning-based blockchain platform, Fetch.ai will improve business and day-to-day activities at West Ham United.
MetaMask Users Email Addresses Exposed in Cybersecurity Incident
MetaMask, the popular Ethereum wallet, experienced a cybersecurity incident that exposed the email addresses of some of its users who submitted a customer support ticket between August 1, 2021 and February 10, 2023. The breach may have affected up to 7,000 users and some of the customer support tickets included a free text field where users may have submitted personally identifying information. The company has taken steps to eliminate unauthorized access in the future and is working with a cybersecurity and forensics team to investigate the incident.
Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020
On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.
Nomura's Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Nomura's Laser Digital has launched an Ethereum Adoption Fund, focusing on institutional investors, with a strategy involving staking and regulated custody, aiming to increase institutional engagement in Ethereum investments.
SHIB Beats DOGE, Leaping at No. 9 Ranking of Market Value
Shiba Inu now ranks No. 9 with a market value of over $38 billion, beating Dogecoin which ranks No. 10.
Bitfinex Tackles Phishing Incident: No Customer Funds Affected
Bitfinex has resolved a phishing incident causing partial customer information exposure, confirming no loss of funds or sensitive data compromise, and ensuring ongoing security measures.
Shift Robotics Moonwalkers AI Skates: A Leap in Worker Productivity at CES 2024
Shift Robotics' Moonwalkers AI skates, a feature at CES 2024, significantly improve workplace efficiency by doubling walking speed.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition
Richard Teng, Binance's new CEO, prioritizes user protection and appeal amid leadership changes following Changpeng Zhao's resignation and $4.3 billion legal settlement for anti-money laundering violations.
Naspers and Prosus Undergo Key Leadership Transition
Prosus and Naspers Limited have announced a change in executive leadership, with Bob van Dijk stepping down as CEO and Board member. Ervin Tu will take over as Interim CEO. Van Dijk's tenure has seen significant growth and strategic expansion for Prosus, solidifying its position as a leading global consumer internet entity.
Binance CEO CZ Alerts Users of Phishing Attacks Following Kroll Data Leak
Binance CEO CZ warns FTX, BlockFi, and Genesis of new phishing attacks linked to the Kroll data leak, citing an employee SIM swap. He emphasizes cybersecurity awareness and user vigilance in the cryptocurrency sector.
18% of Britons Own Crypto, Indicating an Exponential Growth in 2021, Study Shows
Almost one in five Britons (18%) own crypto, according to a survey conducted by cryptocurrency exchange Gemini.
FBI seizes $100,000 in cryptocurrency and NFTs
The FBI confiscated the property in October 2022 for violating "federal law," with the NFTs valued over $100,000.
nChain CEO Departs Accusing Dr. Craig Wright of Fraud
Christen Ager-Hanssen resigns as nChain's Group CEO, alleging serious internal issues and a conspiracy to defraud shareholders. He accuses Dr. Craig Wright of deceiving courts about being Satoshi Nakamoto, leading to a significant reaction from the cryptocurrency community. Discussions also touch on Ager-Hanssen’s past involvement with Algorand and the implications of his revelations on the Bitcoin SV community.
MetaMask Warns Investors Against Phishing Attempts by Scammers
MetaMask informed customers that it never emails account data or collects KYC information.
BSV founder Craig Wright Clarifies Bitcoin's Original Intent and Critiques Misuse
Dr. Craig S. Wright criticizes misconceptions about Bitcoin's White Paper and its purpose, asserting it's a micropayment system, not digital gold, and highlights transaction costs impacting its utility.
SHIB Token Surges by 1946.11% within a Week
Despite the fact that most mainstream cryptocurrencies have fallen back, SHIB token has proven to be the exception, rising by 123.63% in the past 24 hours.
What Would the Future of Crypto Be as Liz Truss Becomes Next UK PM
As Liz Truss is set to take the top administrative position of Prime Minister in the country, the market is concerned about her monetary policies, including the stance towards cryptocurrency, regulation of Stablecoins and digital assets.
Kim Kardashian Charged $1.2M by the SEC For EthereumMax Promotion
American TV reality superstar, Kim Kardashian has been charged by the United States Securities Commission (SEC) for the promotion of EMAX Token, the native coin of the EthereumMax protocol
Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World
Infinito has partnered with Paxful to support cryptocurrency adoption globally.
Kardashian's Instagram Cryptocurrency Promotion Irks UK Financial Watchdogs
British financial watchdogs are wary of investors' cryptocurrency investment risks introduced by well-known influencers such as Kim Kardashian West.
Crypto Exchange Bit.com to Enhance TON Ecosystem
Bit.com, a Singapore-based crypto exchange, has partnered with TON, which stands for “The Open Network,” to expand, enhance, and develop its ecosystem.
Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services
Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.
Shibarium Enters Fail Safe Mode to Ensure Funds Are Safe
Shibarium, an Ethereum layer-2 blockchain, activated its Fail Safe mode post-launch due to high traffic, ensuring fund safety. The team is scaling to meet user demands.
Is Blockchain the Missing Piece Needed in Curbing Illegal Fishing?
Illegal fishing is a predicament that is at times in oblivion despite it endangering marine ecosystems as it distorts their sustainability and biodiversity. Blockchain offers a distributed ledger technology (DLT) that can be helpful in fish tracking from the time it was captured to the moment it is consumed, and this approach can be instrumental in eradicating illegal fishing.
Bitcoin Falls to $60K amid a Sharp Drop in Hash Rate and Turkey's Crypto Payment Ban
Bitcoin fell below the $61K level for the first time today due to the decline in hash power of Chinese mining pools and the ban on cryptocurrency for the purchase of goods and services proposed by the Turkish government.
Head Chef Says DEX Aggregator Will 10x SushiSwap's Market Share
In a Jan 16 Medium article, Sushi CEO Jared Grey detailed the DeFi platform. A Q1 DEX aggregator and 2023 decentralized incubator are planned. After a Dec 6 governance proposal showed that Sushi's treasury had 1.5 years remaining, new offerings were proposed.
Binance Coin Sets New ATH as Binance CEO Hints at Token Burn
Among the altcoins that have recently rallied bullishly, Binance Coin surged to a new ATH of $586.23.
Xbox Teams with Inworld AI for Game Dev AI Tools
Xbox and Inworld AI have partnered to develop AI tools for dialogue and narrative creation, aiming to empower creators in the gaming industry.
AMC Theatres to Accept Shiba Inu and Dogecoin by March 19
American entertainment and cinema brand AMC Theatres is set to integrate Dogecoin (DOGE), and Shiba Inu (SHIB) as payment options for its services.
Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram
Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.
Trump Outraged: Jack Dorsey Faces Senate Subpoena After Twitter Blocks Biden Ukraine Scandal
CEO Jack Dorsey is to testify about the recent incident where Twitter blocked a NY Post news disclosing sensitive information on Joe Biden's scandal in Ukraine.
Bankrupt crypto exchange FTX has acknowledged a recent spate of third party scams
FTX alerted consumers about fraudsters stealing account information with promises of asset returns.
Decentralized Exchanges—UniSwap vs SushiSwap Explained
A quick insight into the world of decentralized exchanges and the ongoing war between Uniswap and Sushiswap.
Bitcoin and Ethereum are Risking a Second Price Dip
Reasons why both Bitcoin and Ethereum are at risk of a second price dip this week.
Risk or Opportunity: Uniswap's UNI Rose by 133% and SushiSwap by 143% in the Past 12 Days
Uniswap's UNI token has surged by 133% in the past week, with SushiSwap rallying and recording its own increase of 143%.
Arbitrum Discord Server Hacked for Phishing Attack
Hackers dropped a phishing link on Arbitrum's official Discord server, prompting users to enter personal information. The link misspelled the name of the platform as "Arbtirum." Investors are advised to be cautious of unrealistic claims and deceptions.
Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction
Elon Musk, CEO of Tesla and SpaceX, responds to Dogecoin founder Billy Markus's decrease in social media earnings, highlighting the complexities of monetization algorithms and the fairness of revenue-sharing models, amidst increasing competition in the market.
TRON DAO Team Goes to NFT NYC 2023 and Announces Uquid Partnership
They say if you can’t make it there, you can’t make it anywhere. So, the TRON DAO team gave Gotham a go.
Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues
Bitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.
Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows
Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.
Reasons Why the Bitcoin Price will Plunge Soon
Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions
Meta Partners with Digital Brand DressX for New Avatar Store
Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store to introduce new avatar fashion, expanding its business in Metaverse.
DWF Labs Co-founder Andrei Grachev Announces Financial Partnership with DMCC
Andrei Grachev, co-founder of DWF Labs, announced a financial partnership with DMCC, supporting firms transitioning to Dubai DMCC. This announcement, juxtaposed with Grachev’s recent Twitter feud with GSR.io's Cristian Gil, highlights the competitive and cooperative facets of the crypto market landscape, and the challenges and opportunities DWF Labs encounters in its journey.
Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform
Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.
US Congress needs to take control of crypto legislation
Blockchain Association CEO Kristin Smith said crypto regulation is occurring "behind closed doors" and asked for a more collaborative and "transparent approach."
Chinese Blockchain News Flash Media Platform Bi Shi Jie.com Suspends its Operations
China's well-known cryptocurrency advisory platform- Bi Shi Jie, has reportedly temporarily suspended its App and website operations.
Binance.US to Remove Certain Trading Pairs and Pause OTC Trading
Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal.
Google Pairs with Coinbase to Spur Web3 Innovations, Offer Crypto Payments for Cloud Services
Google has teamed up with crypto exchange Coinbase to allow some of its clients to pay for cloud services using cryptocurrencies.
Crypto.com Officially Becomes the Philadelphia 76ers Team's Jersey Patch Partner
Hong Kong-based cryptocurrency exchange Crypto.com announced that it has formed a partnership with the Philadelphia 76ers, becoming its official jersey logo-designated sponsor.
Glassnode’s On-Chain Metrics Reveal DeFi Tokens Are Being HODLed Amid Price Run
Glassnode's on-chain data reveals the percent supply of DeFi tokens (SUSHI, AAVE, and MKR) are getting lower, suggesting investors are HODLing the assets.
Ripple (XRP) CTO responds to phishing scam concerns following Cory Doctorow's $8000 loss
Ripple's CTO David Schwartz emphasizes his cybersecurity savvy, responding to phishing scam concerns after Cory Doctorow's $8000 loss. Ripple educates on scam identification and prevention, amidst increasing social media-based crypto frauds.
Animoca Brands Partners with Blockpass to Enhance Web3 Security and Compliance
Animoca Brands aligns with Blockpass in a strategic partnership to bolster Web3 security, aiming to set new standards in user verification and regulatory compliance.
Bitcoin SV Moons As Craig Wright Tells Court That he Has Access to Tulip Trust
Bitcoin Satoshi Version (BSV), a fork of the Bitcoin Cash, is surging in trades following Craig Wright’s compliance with a court order to open up the mysterious Tulip Trust for inspection.
6 Million Bitcoin Moved in the Last Six Months as 46 Million Americans Own BTC
Analyst discloses 6 million or 33% of Bitcoin supply have been moved in the last six months, whereas 12.5 million BTC were hodled during the same time frame.
Steven Seagal Under Siege from US SEC for Shilling 2018 ICO
Iconic 90s martial arts film star Steven Seagal has come under siege from the US Securities and Exchange Commission (SEC) who have made an executive decision to show the Aikido master that he is not above the law for his involvement in the Bitcoiin2Gen ICO of 2018.
Bitcoin Twitter Hack Investigation Reveals Second Teen Mastermind
US authorities revealed that there may have been another hacker that played a prominent role in the Bitcoin hack that overtook Twitter on July 15.
Legend of Wuhan Coronavirus Whistleblower Will Live Forever on Ethereum Blockchain
Li Wenliang was an ophthalmologist at Wuhan Central Hospital who became something of a national hero amidst the turmoil of the Coronavirus. Identifying the deadly virus early, he was silenced by his government for trying to warn the public. His legend has only been further galvanized on the Ethereum blockchain following his recent death where he succumbed to the dreaded illness
Tone Vays and Blockstream CEO's "Shitcoin List" Includes Ethereum, Ripple, Litecoin, and EOS
Tone Vays believes that Ethereum, XRP, Litecoin, BCH, Tether, EOS, Dash, Cardano, BSV, IOTA, Chainlink, and Monero are all "shitcoins." Blockstream CEO agrees.
Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively
Xi Jinping will publish an article entitled "Several Major Issues in the National Medium and Long-term Economic and Social Development Strategy“ on November 1 on Qiushi Journal. In the article, he mentions the digital economy and digital currency
UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case
The UK Supreme Court's decision not to acknowledge AI as an inventor highlights the importance of human involvement in patent applications, setting a precedent for future AI-related patent disputes.
OKX Website Blocked in Russia with Unknown Reason
The trading website of the OKX exchange has been blocked in Russia according to Roskomsvoboda, a platform that keeps track of censored platforms.
Coinbase Legal Chief Urges Swift US Crypto Legislation Amid Israel-Hamas Tensions
Coinbase's Chief Legal Officer, Paul Grewal, emphasized the importance of preventing cryptocurrency misuse and advocated for sensible crypto legislation in the US amidst geopolitical unrest involving Israel and Hamas. Grewal highlighted Coinbase's proactive measures like KYC checks and law enforcement partnerships to curb illicit activities on its platform. The discourse also spurred reactions from the crypto community regarding asset seizures and the role of other crypto exchanges like Binance.
DeFi Hackers Mint $11.6M in Stablecoins
Blockchain security firm PeckShield identified a hack that allowed an attacker to mint over 1 quadrillion Yearn Tether and then swap it for other stablecoins worth $11.6M. The attacker also managed to transfer 1,000 ETH to the cryptocurrency mixer Tornado Cash. DeFi protocols Yearn.finance and Aave have confirmed that their current contracts and protocols were not affected by the exploit.
Webaverse Co-Founder Reveals $4 Million Crypto Hack
Webaverse co-founder Ahad Shams sent a public statement about being hacked for $4 million in a hotel lobby.
UAE Mall Majid Al Futtaim Signs Strategic Partnership with Binance Exchange
The partnership is a big step between Majid Al Futtaim and Binance, enabling customers of Majid Al Futtaim to enjoy a new shopping experience by enjoying web3 technologies.
Shibarium L2 Network Beta From Shiba Inu Developers
Shibarium is a layer-2 Ethereum mainnet network. The creators promised a near-term release.
Top UFC Fighters to Receive Bonuses in Bitcoin During PPV Events
The Ultimate Fighting Championship (UFC), the world’s leading mixed martial arts competition, has teamed up with crypto exchange Crypto.com to offer best-performing fighters bonuses in Bitcoin (BTC).
The Drone Racing League and Algorand have Reached a $100M Sponsorship Agreement
The New York-based Drone Racing League( DRL) announced reaching a five-year sponsorship agreement with crypto platform Algorand, worth $100 million.
Shiba Inu developer says WEF will influence metaverse policy
Developer reports on 'Shiba Inu' WEF aims to use meme-based cryptocurrencies in global policy. "Shytoshi Kusama" claimed WEF "kindly invited" Shiba to participate on "MV global policy." Over 65% of survey respondents favored Shiba collaborating with WEF.
OpenAI in Advanced Funding Discussions Targeting Over $100 Billion Valuation
OpenAI is in talks to raise over $100 billion in funding, potentially making it the second most valuable U.S. startup, with discussions also involving a chip venture with G42.
FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued
A few days after receiving control over the Sushiswap protocol, FTX’s CEO Sam Bankman-Fried recently announced his ideas regarding the future of the protocol.
What is Shibarium?
Shibarium, a Layer 2 blockchain by the Shiba Inu project, aims to enhance scalability and reduce transaction fees. Its development is community-driven, fostering innovation and collaboration.
Crypto.com Pulls Out UEFA Champions League of $495m Sponsorship Deal
Crypto exchange Crypto.com has dropped out of the deal to sponsor UEFA Champions League football competition.
Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?
On a forum, the Chief Development Officer of HKbitEX said that she hoped the company would issue its first security token offering (STO) project in 2021.
Crypto Powerhouse Binance Returns to China with an "Education-First" Blockchain Approach
Cryptocurrency exchange Binance, famously exiled by China in early-2018 and later set up in Malta, is moving back to the country, choosing a blockchain-centric strategy over crypto.