Polygon, formerly known as the Matic network, is a Layer-2 scaling solution designed to address the bottlenecks facing the Ethereum mainnet. Polygon is one of the solutions seeking to provide cheaper ...
Tag: bitcoin price
Solana Is The “Most Underrated” Token
Earlier this week, the Solana ecosystem suffered a massive attack that affected nearly 8,000 wallets, which resulted in the loss of users’ funds. Prior to the hack, the blockchain had also in the past...
Hong Kong Crypto Exchange ZB.com Losses $4.8M to Hackers
According to recent findings, Hong Kong-based cryptocurrency exchange ZB.com lost nearly $5 million to hackers earlier this week before the platform suspended withdrawals and deposits due to system ma...
World’s Largest Asset Manager Blackrock Taps Coinbase to Offer Crypto Services
The world’s largest asset manager, BlackRock (with $9.6 trillion in assets), has partnered with leading crypto exchange Coinbase to offer crypto services to institutional clients, according to a blog ...
Engineers Find Slope Wallet Bug Behind $6M Solana-based Hack
Following an intense 24-hour period, security researchers and Solana Labs engineers have linked the recent hack of specific Solana-based wallets to a critical bug in one wallet service provider. Slope...
Someone Paid $350k in Ethereum Fees Aaaand the Transaction Failed
Blockchain-based transactions are notable for their irreversible nature. While this feature can be advantageous in most cases, it can turn out to be a problem, as a recent development shows that $350,...
Robinhood’s Crypto Unit Fined $30M by New York Regulator
The crypto division of online trading platform Robinhood has been fined $30 million by the New York State Department of Financial Services (NYDFS) for allegedly breaking anti-money-laundering and cybe...
Popular Memecoin Shiba Inu (SHIB) Unveils Name of Play-to-Earn (P2E) Game
On Tuesday, the team behind popular dog-themed memecoin Shiba Inu (SHIB) took to Twitter to reveal the official name and logo of its upcoming NFT-based play-to-earn (P2E) game. Shiba Inu Unveils Shiba...
Crypto Investors Launches Petition to Remove SEC Chair Gary Gensler
American crypto investors have launched an ongoing petition to remove Gary Gensler from his position at the U.S. Securities and Exchange Commission (SEC) over claims of obstruction of justice. SEC C...
Swiss Bank Sygnum Adds Cardano (ADA) to Bank-Grade Staking Offering
Swiss digital bank Sygnum announced today that it has now added Cardano (ADA), the eighth-largest crypto asset, to its bank-grade staking offering. The bank’s staking portfolio already includes Ethere...
CryptoPunk Sales Jumps 900% After Tiffany & Co. NFT News
The sales volume of the popular non-fungible token (NFT) collection, CryptoPunk, surged by nearly 1000% over the last 24 hours. According to data from CryptoSlam, an NFT aggregator that publishes sale...
Nomad Token Bridge Drained Nearly $200M in Security Exploit
Nomad Bridge, a cross-chain decentralized finance (DeFi) application that allows users to send and receive tokens across various protocols, has been exploited for nearly $200 million worth of assets. ...
Two Men Bag Three Years in Prison for $1.9M ICO Fraud
The United States Department of Justice (DOJ) announced Monday that two men from Orange County who both coordinated a $1.9 million initial coin offering (ICO) fraud have been sentenced to federal pris...
Binance to Roll Out First Soulbound Token on BNB Chain
Popular cryptocurrency exchange platform Binance announced on Monday the roll-out of Binance Account Bound (BAB), the first-ever Soulbound token (SBT) built on the BNB chain. The company noted that on...
Peter McCormack to Pay Only £1 in Damages in Lawsuit Against Faketoshi
A U..K. judge has ordered popular crypto podcaster Peter McCormack to pay £1 (US$1.23) in nominal damages to self-proclaimed Bitcoin creator Craig S. Wright. McCormack to Pay £1 in Nominal Damages In ...
‘Sirius’ Token Launches on Bittrex, Unlocks Liquidity Baking on Tezos
Today, one of the most popular digital exchanges in the world, Bittrex Global, announced that the exchange is now offering the Sirius token ($SIRS), native token to the Tezos ecosystem a token that em...
U.S. SEC Charges Forsage Founders for $300M Crypto Pyramid Scheme
The United States Securities and Exchange Commission (SEC) announced Monday that it had filed charges against four individuals alleged to be the founders of Forsage. The securities market regulator al...
Crypto prices continue to tick upward as recession fears grow: the week in markets
Crypto prices continued to rally over the past week while the global macroeconomic environment was worsening. At the time of writing, bitcoin was trading at $23,739, down 3.1% over the past 24 hours, ...
Bitcoin May Close With Gains For the First Time in Four Months
Bitcoin is enjoying notable price increases as at the time of writing. It peaked at $24,676 which means it was heading for the $25k resistance but stopped in its tracks. This is one of the many times ...
Russia Has Received $2.2M in Crypto Donations to Fund War Purchases: Report
Leading blockchain security firm Chainalysis revealed in a recent report that pro-Russian groups had raised millions of dollars in cryptocurrency donations to fund Russia’s war against Ukraine. Pro-Ru...
KuCoin Launches First Ever NFT ETF, Letting Anyone Own Blue-Chip NFTs
KuCoin has become the first centralized trading platform on the market to offer blue-chip NFT investments with the launch of the NFT ETF product aimed at over 20 million users. According to a press r...
A Trusted Yield Platform for Crypto Investors?
The prospect of earning passive income has attracted many investors to the cryptocurrency market. However, the recent liquidity crisis surrounding centralized interest-earning products has caused many...
Ethereum Foundation Issues $2M Grant to Support Developers
In its recently organized Academic Grants Round, the Ethereum foundation issued a $2 million grant that will be used to support research on Ethereum and the network’s related technologies. Fund Alloca...
The SEC Is Quietly Cracking Down On Crypto As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Recover
The SEC Chair, Gary Gensler Getty Images The crypto rebound is alive and kicking. Over the past week, the price of bitcoin soared 4.2%, currently trading at $23,800, and the ethereum price jumped 7.9%...
How To Find Valuable NFT With High Return Potential?
Have you heard about the NFT market? Wondering how to choose a valuable token with high return potential? In today’s article, we’ll tell you about several indicators that will help you estimate the po...
Schwab Asset Management to Launch Crypto ETF on New York Stock Exchange
Schwab Asset Management, the management division of the American-based multinational financial services firm Charles Schwab Corp., announced Friday the launch of its first crypto exchange-traded fund ...
Binance CZ Says Crypto is “Much Healthier” After $2 Trillion Correction
Changpeng Zhao (CZ), the founder and CEO of leading cryptocurrency exchange Binance, believes that the crypto industry is “much healthier” after the series of events that wiped nearly $2 trillion off ...
Variant Launches $450M Investment Fund to Empower DeFi and Web3 Projects
American investment firm Variant announced Thursday the launch of a $450 million investment fund to empower decentralized finance (DeFi) applications and web3 startups. To accelerate the plan, the com...
Zilliqa Partners With Popular Play-to-Earn Game Alien Worlds to Drive Adoption
Singapore-based layer 1 blockchain project Zilliqa has signed a partnership with the popular play-to-earn blockchain game Alien Worlds to promote the adoption of the blockchain gaming ecosystem. Zill...
Solana Records Second Flash Loan Attack as Nirvana Losses $3.49M in Exploit
Solana network has recorded another flash loan attack, making it the second in a month. This time, decentralized finance (DeFi) yield protocol Nirvana was the victim, and the attacker stole $3.5 milli...