Canadian law enforcement agents have reportedly arrested the 39-year-old Akil Heywood over allegations that he kidnapped, threatened, and beat Aiden Pleterski in December 2022. The latter supposedly orchestrated a crypto scam, draining over $40 million from investors. Records show that Heywood invested $740,000 with Pleterski, making him one of the countless victims. The alleged fraudster...Read More
Aave Companies announced the launch of the second iteration of Lens Protocol on July 17th, designed to serve as a social layer for Web3. The new version aims to bring even greater control to builders and integrators as well as people exploring Web3-powered experiences. The first version of Lens Protocol was purposely built and launched...Read More
Investment products offering crypto exposure have surged in popularity since last month, attracting net inflows of $137 million over the last week alone. Meanwhile, trading volumes for such products have soared beyond their yearly average, totalling $2.3 billion last week. Investors Return to Bitcoin Per Coinshares’ weekly report, inflows into digital asset investment products totalled...Read More
Popular on-chain sleuth ZachXBT has unmasked another crypto scammer responsible for stealing millions of dollars in digital assets using sophisticated phishing attacks. The thief’s targets included the discord services for DeFi projects such as Orbiter Finance and Pika Protocol. Impersonation and Confiscation In a Twitter thread published on Monday, ZachXBT explained that the attacker, Soup...Read More
Celsius, the renowned crypto lending platform, has reportedly transferred a staggering $59 million worth of altcoins to an exchange. This significant move has sparked widespread speculation and intrigue, with many wondering if this could be a prelude to a massive conversion into Bitcoin (BTC) and Ethereum (ETH). Celsius Continues Its Selling Activity Celsius Network, a...Read More
Artificial Intelligence (AI) has become ubiquitous, making its presence felt across various sectors. Gradually infiltrating every aspect of human activity, this buzzword, although not entirely new, has captivated the minds of both seasoned tech gurus and novices alike. The integration of the digital asset space and AI was inevitable. Industry players are actively exploring innovative...Read More
[PRESS RELEASE – MANILA, PHILIPPINES, July 17th, 2023] AAG, a Web3 infrastructure company, successfully held its maiden live event on June 21, further bolstering the Philippines’ immersion into the Web3 ecosystem. The event, a confluence of Web2 and Web3 aficionados, saw the participation of industry leaders like Lazada, GCash, and DITO CME, along with renowned...Read More
On-chain data examined by blockchain analytics firm IntoTheBlock has revealed that roughly 29% of all bitcoins (BTC) in circulation have remained unmoved for more than five years. In a Monday tweet, analysts at the firm said a large part of the unmoved assets might be lost coins. Ever wondered how many Bitcoins are lost forever?...Read More
[PRESS RELEASE – Singapore, Singapore, July 17th, 2023] BitVenus, a leading cryptocurrency derivative trading platform, is pleased to announce its recent achievements in the cryptocurrency industry. At the time of publishing this release, the platform has received verification and star-level certification from reputable authorities: Defilama.com and Cer.live. And ranked 28th on Defilama.com CEX transparency ranking....Read More
Last week, the legal battle between the SEC and Ripple that had been raging for 3 years was finally settled, at least partially. Although Judge Analisa Torres ruled that some primary sales of XRP should have been registered as securities offerings, the secondary sale of the asset does not count as unlicensed securities. Open for...Read More
Prominent lawyer Jeremy Hogan, a partner at Hogan & Hogan, recently shared his thoughts on the possibility of appeals in the ongoing Ripple vs. SEC case. With extensive experience in handling appeals, Hogan sheds light on the timing, types of appeals, and the likelihood of each party pursuing them. Let’s dive into his valuable insights....Read More
Web3 domain provider Unstoppable Domains is extending support to .eth domains enabling users to purchase via the official website. Unstoppable Domains typically offer domain endings such as .crypto, .blockchain, .nft, etc, while the Ethereum Name Service (ENS) is the only place Ethereum enthusiasts have been able to purchase the .eth domain names. The addition of...Read More
[Press Release – Seychelles, Seychelles, July 17th, 2023] As part of Flipster’s (formerly AQX) name launch, the business today announced an additional 1,500,000 USD worth of bonus rewards to encourage new users to join and trade on their exchange. Until the rewards are fully distributed, the futures exchange will run at least one campaign per...Read More
Over the weekend, the Aave DAO successfully launched the GHO stablecoin on the Ethereum mainnet. The dollar-pegged stablecoin was proposed in July 2022 as a way to allow users to mint GHO by supplying crypto collateral to Aave v3 in a similar system to MakerDAO’s DAI. The Aave DAO has successfully launched @GHOAave on the...Read More
The Seychelles-based cryptocurrency exchange BitMEX launched a dedicated space where traders can actively engage with each other. The new solution, dubbed Guilds, is currently in beta (testing) phase. The upcoming development could be considered a breath of fresh air for the company that went through some serious setbacks during the crypto winter. It dismissed a...Read More
