Safemoon has suffered an exploit of $8.9 million. The attacker reportedly took advantage of the “public burn” feature on the platform to orchestrate the heist in the BNB Chain-based DeFi protocol. Saf...
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Live Tech News Updates.
Lido to sunset staking on Polkadot, Kusama by August
Liquid staking protocol Lido (LDO) said it would stop providing staking services for Polkadot (DOT) and Kusama (KSM) on Aug. 1. According to a blog post by Lido developer MixBytes, the decision was ma...
USDB Aims to Bring Back Trust in Stablecoins
USDB, a new Bitcoin-backed stablecoin, claims to be the fully decentralized, dollar-pegged, and reliable choice. Stabolut announced the launch of USDB in the private beta stage today. It has been in t...
Former FTX CEO SBF Using Alameda Money For Legal Defense
Former FTX CEO Sam Bankman-Fried is reportedly using Alameda Research funds to pay for hefty legal fees charged by his lawyers for his high-profile criminal fraud lawsuit that costs investors billions...
The Liability of DAOs and Their Founders Has Been Put to the Test in Court
At the core of the case are how the concepts of fiduciary duty (the obligation to act in the best interest), the duty of care (the obligation to act without negligence), as well as joint and several l...
SafeMoon’s Upgrade Facilitated its Exploitation, Says Analyst
SafeMoon has been exploited by draining almost $9 million worth of tokens PeckShield reported that the exploitation had been facilitated by the platform’s upgrade that contained a public burn bug. The...
Do Kwon faces ‘grim’ year in Montenegro jail, lawyer says
Terraform Labs founder and former fugitive Do Kwon is currently in a Montenegro jail awaiting likely indictment for alleged document forgery. Protos spoke to a criminal defense lawyer in the country t...
Sam Bankman Fried paid a bribe to the China
Yesterday, US prosecutors investigating the misdeeds of FTX founder and CEO Sam Bankman-Fried added another charge against him. As Reuters reports, the new charge is that he paid a $40 million bribe t...
MATIC loses to ‘optimist’ demand, but are whales planning a comeback
Arbitrum and Optimism registered better numbers in transaction fees than Polygon MATIC whales have been accumulating since the web3 project’s official launch of its zero-knowledge network The launch o...
Europe is getting its first ETP based on a Morgan Stanley index
Ad ETC Group, a digital asset-backed securities provider, announced today that it would list Europe’s first index-based crypto ETP based on an index from Morgan Stanley. The ETP will be based on the ...
XRP Price Rally Can Take a Halt With Enormous Profit-Taking! Here’s What Traders Can Expect
In the past two weeks, XRP has emerged as a standout performer among the top 20 digital assets by capitalization. Bolstered by Ripple Labs’ businesses, the XRP market has rallied over 52% to reach a t...
XRP Price Poised For Further Recovery As it Triggers a Ten-Month-Long Bullish Pattern
Published 10 mins ago XRP Price Prediction: The XRP price neglects the indecisive market sentiment among the majority of major cryptocurrencies and showed significant growth since the start of this mo...
Litecoin Rises, But Struggles With Resistance At $90
Mar 29, 2023 at 08:48 // Price The price of Litecoin (LTC) has crossed the moving average lines, signaling a rise. Long-term forecast for the Litecoin price: bullish The price of the cryptocurre...
Here Are The Top Trending Cryptocurrencies on LunarCrush
Social intelligence platform LunarCrush released its list of top trending coins. XRP gained 18.2% in the last 24 hours to trade at $0.5707 at the time of writing. Kaspa Currency’s native token, KAS, g...
Addresses holding 10K+ ADA now collectively own $12,4b in coins
Cardano (ADA) addresses holding at least 10,000 ADA tokens have been on an accumulation spree since the asset dipped in October last year. Amid this accumulation campaign, these addresses have added 1...
DeFi Project SafeMoon Exploited of $8.9 Million Post-Recent Upgrade
PeckShield has identified the source of the issue down to a recent software update. The hacker got off with over 27,000 BNB, or $8.9 million. On March 28, the DeFi project SafeMoon announced on Twitte...
Only Verified Twitter Users Will Appear in ‘For You’ Feed, Elon Musk Says
In addition to the news that only tweets from verified users will appear in the For You tab, the Twitter boss also declared that unverified users would no longer be able to vote in polls. Popular bill...
Freeport clears SEC Reg A review for tokenized art offerings
On March 29, nonfungible tokens startup Freeport announced that it had passed a Regulation A review by the U.S. Securities and Exchange Commission to launch its blockchain platform for crowd-ownership...
Arbitrum Reacts Positively to FalconX Network’s $ARB Purchase
FalconX network has purchased Arbitrum tokens worth $1.65M from Binance. Arbitrum’s native token has surged over 10% amid the report. The retention rates of Arbitrum’s native applications were higher ...
OKX to Open Office in Australia
MELBOURNE, AUSTRALIA, 29th March, 2023, Chainwire Brand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Austra...
Gate.io suspends withdrawals of SafeMoon following public burn bug exploit
The fallout from the collapse of SafeMoon’s liquidity pool on Mar. 28 continues as Gate.io suspends deposits and withdrawals of the token. “As the smart contract of the SFM (SafeMoon) toke...
MetaMask warns users about false rumors regarding AirDrop
MetaMask has warned its users about false rumors regarding a token AirDrop on 31 March. The rumors likely began after ConsenSys CEO stated in an interview that his team would launch a token. Popular W...
MetaMask warns users about fake airdrop claims
The operator of the web3 wallet known as MetaMask has warned its customers about “false rumors” about a non-existent airdrop, which seems to have been circulating on social media. MetaMask has issued ...
Cardano (ADA) Could Be Decoupling From the Rest of the Market: Santiment
Large holders have accumulated over 1 billion ADA in the last 5 months. The Cardano network’s native token ADA could be set to stage a bullish decoupling from the rest of the crypto markets, according...
Ault Alliance Announces Agreement to Sell $10.0 Million Stated Value of Convertible Preferred Stock
LAS VEGAS–(BUSINESS WIRE)–$AP #10_Million_Convertible_Preferred—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that it has...
BNB smart chain (BSC) receives user proposal for lower transaction fees
Ad A BNB Smart Chain (BSC) user has proposed lowering the network’s transaction fees to increase its competitiveness against rival blockchain networks. According to the March 28 proposal, BSC needs a ...
XRP Price to Hit $3 with Rare Bottom Formation- Predicts Peter Brandt
Renowned trader Peter Brandt has predicted that XRP will reach a minimum target of $3 with the formation of a rare bottom pattern. Despite being a skeptic of altcoins, Brandt has added XRP to his watc...
Sam Bankman-Fried Faces New Charge For Bribing Chinese Officials With $40 Million
FTX co-founder and former CEO, Sam Bankman-Fried, is facing yet another criminal charge, this time for allegedly bribing Chinese government officials with $40 million worth of cryptocurrency. Accordi...
Coinbase pitches “inflation-proof” flatcoins against struggling USDC
Coinbase wants to create more stablecoins to diversify away from its longtime favorite, the beleaguered USDC. The $16 billion crypto exchange has published its intent to develop a suite of experimenta...
Swapin Announces Relaunch Of SwapinCollect Merchant Tools
Swapin, a fully-regulated Virtual Asset Service Provider (VASP) from Europe known for its innovative Web3-based crypto-to-fiat solutions, is pleased to announce the relaunch of its SwapinCollect merch...
UPI Transactions Over 2000 INR Bear 1.1% Charges
57 seconds ago | 2 mins read Market News UPI transactions using PPIs over Rs 2,000 will be charged by the NPCI. An interchange fee of up to 1.1% has been proposed by the NPCI. The National Payments C...
Galaxy Digital Posts $1 Billion Loss For 2022, Reports Profit In Q1’23
– Advertisement – Galaxy Digital has reported a net loss of $1 billion for 2022. The loss was attributed to unrealized losses on the firm’s principal investment portfolios. The crypto in...