Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the Ethereum and Optimism networks. Confirming the hack, Arcadia revealed that it is working with security partners to minimize the damage after pausing the contracts. The platform has also roped in law enforcement to deal with...Read More
Blockchain detective ZachXBT has implicated a YouTuber with over 120,000 subscribers in over $1.5 million worth of crypto scams over the past two years. Some of those scams are connected to the infamous Monkey Drainer, an anonymous and boastful phishing scammer known for stealing people’s NFTs. Linking “Blue” to Monkey Drainer Before entering the world...Read More
Robert F. Kennedy – a US presidential candidate from the Democratic party and an outspoken advocate of the cryptocurrency industry – revealed owning between $100,001 and $250,000 worth of bitcoin. The disclosure comes approximately two months after the Miami BTC conference, where he said he is not a crypto investor. Kennedy Owns Over 3 BTC...Read More
As the sun rose on the global crypto market, Ethereum, the world’s second-largest cryptocurrency by market capitalization, found itself in an upward correction mode. After a period of bearish rally, Ethereum has begun a correction phase, with its price inching towards the $1,900 mark. As Ethereum faces a market correction, the focus is on the...Read More
Changpeng Zhao – CEO of crypto exchange Binance – believes his company has formed “a tight team” partly due to the “Fear, Uncertainty, Doubt” (FUD) that surrounds it on a regular basis. The firm has been coping with regulatory issues with the US Securities and Exchange Commission (SEC), the Department of Justice (DOJ), and other...Read More
[PRESS RELEASE – Sydney, Australia, July 10th, 2023] Massive Gaming has announced the launch of House of Blackjack, a realistic Vegas-style online blackjack game. To mark the milestone, Massive Gaming is hosting an Unlimited USDC Earning Race with Free Bonus Rewards. The event offers players the chance to win a total prize pool of at...Read More
John Deaton, a pro-Ripple lawyer representing thousands of XRP holders, believes the United States Securities and Exchange Commission (SEC) strategically capitalized on Ripple’s commitment to transparency and used it to target the company and its CEO, Brad Garlinghouse. The attorney shared his thoughts in response to a Twitter post by Delphi Labs’ general counsel Gabriel...Read More
Bitcoin and Ethereum are trading at an enticing discount on Binance.US, but not all users will be able to leverage it. At nearly $27,500, Bitcoin is trading about $2,500 lower on Binance.US compared to global spot markets. Ethereum, on the other hand, was trading at $1,700 – a discount of $200, offering market participants a...Read More
Decentralized finance (DeFi) has emerged as a formidable force in blockchain technology. DeFi protocols provide individuals access to financial services such as trading, lending, borrowing, and earning interest without intermediaries. Golteum, OKX, and Aave have established themselves as significant players, revolutionizing user interactions with cryptocurrencies. The golteum ecosystem has, however, garnered more attention due to...Read More
According to local Korean media, the first trial in the court case brought by the authorities against Shin Hyun-Seong – known internationally as Daniel Shin – is now in full swing, with the first hearing due today – July 10. Several Accusations at Stake Following a discovery hearing held in March, Shin was accused of...Read More
[PRESS RELEASE – Paris, France, July 10th, 2023] Leveraging its successful $4.5m fundraising, Swaap launches its v2 protocol, bringing easy-to-use and powerful market-making strategies to the global DeFi community. Swaap v2 is unique in addressing key challenges such as impermanent loss which have plagued Liquidity Providers. Swaap, the cutting-edge market-making protocol for blue-chip crypto assets,...Read More
Electric Capital’s mid-year crypto industry developer report revealed that there are 21,300 monthly active open-source developers as of June 1, 2023. However, that figure has decreased by 22% year-on-year since June 2022. Those that left the space recently were newcomers who had worked in crypto for less than a year, it noted. Furthermore, they were...Read More
Regulatory heat on the crypto industry intensified in the previous quarter. Facing the brunt are several sectors, including the DeFi and NFT, that demonstrated a troubling state. The blockchain gaming sector, on the other hand, appears to have remained unshaken in the face of the turmoil. According to a DappRadar report, the gaming category continues...Read More
