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12 months agoSHIB Community Admin Regains Control of Telegram Account After Hack Attack
The SHIB community recently fell victim to a crypto scam attack on their official telegram account. Cybercriminals seized the SHIB telegram account for hours, impersonating the community’s admin and sending fake B…
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12 months agoFriendTech Users Lose Over $400K to SIM-Swap Cyber-Attacks
FriendTech, a rapidly growing crypto-social platform, has recently been the target of a security breach. A scammer was able to steal $385K in Ethereum from four FriendTech users within 24 hours by using the…
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12 months agoStablecoins Show Resilience Amid Crypto Market Woes in September
The cryptocurrency sector has seen significant events in September, with the stablecoin market capitalization reaching a new low of $124 billion. This is the lowest amount since August 2021 and is 18 consecutive…
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12 months agoCoinbase's Paul Grewal Warns of Semiconductor-Like Fate for Crypto Without Regulation
Paul Grewal, a Coinbase executive, believes that if the U.S. continues to delay in creating crypto regulations, the industry will suffer the same fate as the semiconductor industry.The semiconductor industry has…
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12 months agoMemeinator Token Sale Raises Over $643k, Stars Arena Hit by Major Hack
Stars Arena, a fast-growing social app, announced a major attack on Saturday, resulting in the theft of over $3 million. The developers have since secured the resources to close the gap and are conducting a major…
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1 year agoBitcoin Mining Companies Reach Record Outputs in September 2023
September of 2023 was a great month for Bitcoin mining companies. Three firms, CleanSpark, Riot Blockchain, and Marathon Digital Holdings, all reported record outputs. Kraken also witnessed a 5-year ATH of BTC…
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1 year agoAdam Yedidia Exposes $16 Billion Misrepresentation in FTX System
Adam Yedidia, a former FTX developer, recently resigned after discovering that Alameda Research had used FTX customer funds to settle debts. A software bug in FTX’s system had miscalculated Alameda’s debt, lea…
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1 year agoBitcoin and Ethereum Options Expiry Set to Increase Volatility
The crypto market could experience heightened volatility over the weekend and coming weeks as more than $700 million worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. According to market…
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1 year agoCryptocurrency Market Struggles to Remain Afloat Amid Bearish Pressure
Bitcoin and Ethereum have been struggling to remain afloat in the cryptocurrency market as bearish pressure intensifies. Bitcoin has recently outperformed the stock market but is now retreating against the buying…
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1 year agoCryptocurrency Project Stars Arena Suffers Major Security Breach, $2.9 Million Stolen
A major security breach has occurred in the Avalanche-based social app Stars Arena, resulting in the theft of nearly $2.9 million in AVAX tokens. The attack was announced by the team behind Stars Arena on Saturday,…
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1 year agoBinance Launches UK Domain in Compliance with Financial Promotion Rules
Binance, the world’s largest exchange, has launched a new domain for United Kingdom users in compliance with the incoming financial promotions rules of the island nation. The new rules, announced by the UK’s Fin…
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1 year agoACCERX Upgrades Security Protection System, Enhancing User Privacy and Data Protection
ACCERX, a leading cryptocurrency trading platform, recently announced a significant upgrade to its security protection system. This upgrade covers various aspects of technology, products, and services, and has been…
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1 year agoSam Bankman-Fried on Trial: Alameda Research Allegedly Withdrew $8 Billion from FTX
Sam Bankman-Fried (SBF) is on trial for fraud, with Gary Wang, co-founder of FTX, providing testimony. Wang revealed that Alameda Research, an associated company of SBF, had a “large line of credit” and was abl…
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1 year agoRipple Wins Prestigious Award After Court Rejects SEC's Motion
Ripple has won a prestigious award at the PAY360 Awards in the United Kingdom for having the “best use of digital currencies and assets in financial services”. The award comes days after the US district judge Ana…
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1 year agoJPMorgan Report Confirms Ethereum's Centralization Risk After Transition to PoS
Ethereum (ETH) has recently launched two major upgrades, the Merge and the Shanghai Upgrade, to transition from Proof of Work to the Proof of Stake consensus mechanism and improve scalability, usability, and…
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1 year agoSwiss Banks Embrace Cryptocurrency: ZugerKB Leads the Way
The Swiss banking sector is making headlines with the announcement of cryptocurrency services. The Lucerne Cantonal Bank (LUKB) made the first move by announcing a crypto offering for early 2024. This week, the…
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1 year agoWall Street Giants Could Trigger 3,219% Bitcoin Price Surge in 5 Years: Analyst
The anonymous host of InvestAnswers has predicted that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) could trigger massive inflows from Wall Street giants. According to the analyst, if seven Wall…
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1 year agoXRP Could See 58x Surge, Comparable to Ethereum's Historic Performance
Crypto analyst EGRAG CRYPTO recently suggested that XRP could experience a 58x surge, similar to Ethereum’s historical performance. XRP is currently valued at $0.5215 and if it were to follow Ethereum’s tra…
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1 year agoPayPal Moves Toward Blockchain Ecosystem with NFT Patent Filing, Mythos Chain Surpasses Polygon and Solana in NFT Trading Volume
Yuga Labs has announced a restructuring that has seen several roles “eliminated across the company”. CEO Daniel Alegre suggested the firm had taken on too many projects that were ultimately distracting it from its…