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. ...
Tag: crypto price
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...
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...
‘Massive Liquidations’—Big Money Is Dumping Crypto As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Recover
Terra Luna collapse, crypto prices dpa/picture alliance via Getty Images The crypto market is wrapping up July on a high note. In the past 24 hours, the bitcoin price jumped 7.8% to $22,900 and ethere...
U.S. Senator Pat Toomey Blames SEC for Crypto Lending Products Fallout
U.S. senator Pat Toomey recently wrote a letter to Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), concerning the Commission’s approach to regulations governing companies t...
Unstoppable Domains Raises $65M in Series A Funding at $1B Valuation
San Francisco-based blockchain company Unstoppable Domains on Wednesday announced a $65 million raise in a Series A funding round. The latest funding has now brought the firm to a $1 billion valuation...
Cathie Wood’s Ark Invest Sells $75M Worth of Coinbase Stock
Cathie Wood’s Ark Investment Management, through its flagship products – ARK Innovation ETF, ARK Next Generation Internet ETF, and Fintech Innovation – dumped a total of 1.41 million (Worth approx. $...
Crypto Investing vs Forex Trading (Explained)
Crypto and Forex (foreign currency exchange) are unique investments with different prospects. Discover the potential of both financial assets and how to benefit from them. How Does Crypto Investing Wo...
Venture Capital Firms Have Invested $17.5B in Crypto Startups This Year
Considering the potential that crypto startups have and the significant returns that could be derived from investing in them, venture capitalists have continued to invest billions of dollars into smal...
Rowan Energy’s Low-Carbon Blockchain Will Boost Crypto Adoption
As many of you might have read recently, there is a lot of noise in the press about how blockchain is energy heavy and, therefore, carbon-rich in its design. Many publications have reported in recent ...
Polygon Network Records $284M in Transactions in Q2
Polygon, a popular Ethereum layer-2 solution, has just shared its report for the second quarter (Q2) of 2022, revealing that the network attained a transaction peak of $284 million from April to June....
Crypto Flexibility Helping “Save Ukrainian Soldiers’ Lives,” Says Deputy Minister
Ukraine’s Deputy Minister for Digital Transformation, Alex Bornyakov, revealed in a Tuesday tweet that the flexibility of cryptocurrencies is helping to save the lives of Ukrainian soldiers in the cou...
BTC Continues its Struggle Below $21k
An almost perfect start to the previous week saw Bitcoin surge from $20k to as high as $22k. The uptrend continued until the second day of the week as the top coin attempted $24k but failed as it met ...
Anatoly Yakovenko Hints on Solana “Mainnet-Beta” Exit
Solana Labs co-founder Anatoly Yakovenko believes the layer-1 blockchain is firmly on track to exit its “Beta” phase, noting on Twitter that the outcome “feels more in sight now than ever before.” Yak...
Ethereum Network Surpasses 200M Addresses Milestone
The Ethereum network has hit a new milestone in terms of created user addresses. Recent data from Etherscan, a block explorer and analytics platform for Ethereum, shows that there are currently over 2...