On March 23, CNBC reported that a group of Binance angels shared techniques that allow users to bypass the platform’s KYC, residency, and verification systems. CNBC confirmed the information by reviewing hundreds of messages posted on a Discord server and a Telegram group controlled and operated by Binance, which apparently ran from 2021 to March...Read More
A study conducted by the cybersecurity company Kaspersky determined that approximately a third of the US crypto investors have had some portion of their stash stolen by hackers. Bad actors usually con victims by luring them to enter a counterfeit website or urging them to join a dubious investment platform. ‘People Need to Take Care...Read More
NFT Inspect, a Web3 social intelligence platform that specializes in NFT market analysis, has said it is back in business, via a tweet, on March 24. Previously, NFT Inspect announced on January 4 that it would shut down its operations completely by January 17. However, the team did say the shutdown may not be irreversible....Read More
A 60-year-old Indian woman lost nearly $30,000 in a crypto investment scam after she was approached on the matrimonial site where she had registered herself to look for a life partner. The con man told her that he was a US-based engineer and can make her earn quick profits through bitcoin investments. Investment in Love...Read More
The hacker behind the largest DeFi exploit of 2023 continues to demonstrate controversial behavior, as this time, they returned the majority of the funds stolen from Euler Finance. In two separate transactions, the perpetrator sent back over $100 million worth of ETH to the protocol. CryptoPotato reported the flash loan attack, which took place earlier...Read More
The craze around stablecoins was already declining, but the de-pegging of USD Coin (USDC) has catalyzed the downfall. Even Binance USD (BUSD), which has the backing from the biggest crypto exchange in the world, has also plummeted on the social graph. Meanwhile, TMS Network (TMSN), a new crypto project, has stolen all the limelight with...Read More
Animoca Brands has established itself as one of the most prominent investors in NFT, blockchain gaming, and metaverse-focused firms. But its appetite for metaverse appears to have taken a hit. In the latest development, the Hong Kong-based blockchain gaming giant has reportedly reduced the target for its metaverse fund by 20%. The report suggests that...Read More