During a recent crisis involving the real-estate-backed stablecoin Real USD (USDR), a trader suffered a significant loss after swapping 131,350 USDR for 0 USD Coin (USDC). The swap took place on the BNB Chain through decentralized exchange OpenOcean, at a time when USDR had depegged from its par value by nearly 50% due to a […]
CoinMarketCap, a crypto data aggregator owned by Binance, has launched a new ChatGPT plugin. This plugin allows users to access real-time data directly from CoinMarketCap. By signing in to their ChatGPT Plus account and enabling the plugin, users can keep up with the rapidly changing crypto landscape. The plugin operates as an AI crypto analyst, […]
In the ongoing trial of Sam Bankman-Fried, the creator of FTX, shocking revelations have emerged from the testimony of Caroline Ellison, his former partner and ex-head of Alameda Research. Ellison’s testimony has uncovered a potential conspiracy to manipulate the price of Bitcoin, which has significant implications for the cryptocurrency market.According to Ellison, she presented a […]
Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are revolutionizing the cryptocurrency industry with their innovative approaches. Bitcoin Spark, a new Bitcoin fork, aims to overcome the limitations of Bitcoin while maintaining its fixed supply of 21 million coins. It offers rapid transactions, low gas fees, and a scalable platform for smart contracts […]
Binance, one of the leading cryptocurrency exchanges, has rebranded its content aggregator platform, Binance Feed, as Binance Square. This new platform aims to provide a Twitter-like experience for users and includes monetization features such as a tipping option for content creators and an affiliate commission program. Binance Square has already gained over 10 million monthly […]
Bitcoin’s failure to reach $100,000 during the 2021 bull market may have been due to market manipulation by defunct exchange FTX, according to analysis. Testimony in the trial of former FTX CEO Sam Bankman-Fried revealed that FTX executives sold BTC using customer funds, potentially adversely affecting the entire bull run. The scale of these operations […]
Mastercard has successfully completed a trial involving central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin and wrapped Ether. The trial was conducted with the Reserve Bank of Australia (RBA) and the country’s Digital Finance Cooperative Research Centre CBDC, along with participation from Cuscal and Mintable. The solution allowed a CBDC owner […]
A former engineer at Alameda Research, the sister hedge fund of FTX, has alleged that the firm suffered losses of over $190 million due to preventable scams. Aditya Baradwaj, the whistleblower, highlighted the frequent security incidents resulting from the company’s fast-paced operations. Baradwaj documented these allegations in a post titled “The Hacks” on the platform […]
Anonymous hackers have been moving stolen assets from the now-defunct exchange FTX, coinciding with the ongoing trial of FTX founder Sam Bankman-Fried. Blockchain analytics firm Elliptic reported that 72,500 Ether (ETH) worth $1,544 has been awakened for the first time since the exchange was hacked in November 2022. The thief has converted $120 million worth […]
Elon Musk, the owner of the social media website X (formerly known as Twitter), recently hosted a gaming stream on the platform. The stream featured Musk playing Diablo 4 and answering questions from viewers. This was a test of X’s new streaming feature, which was deemed successful with no technical issues. Musk’s goal is to […]
