Popular Web3 domain service provider – Unstoppable Domains – announced the launch of ‘Unstoppable Messaging.’ The new offering is an end-to-end encrypted Web3 domain messenger that aims to help Web3 participants connect with friends, stay updated on their projects, and foster communities in a decentralized manner while retaining privacy. Unstoppable Domains also plans to expand...Read More
The newly popular memecoin Pepe (PEPE) tanked 13% in value on Thursday after the crypto community noticed strange alterations to the multi-signature wallet used for enhancing the token’s adoption. As noted by @Crypto_Noddy on X, the multsig wallet changed its threshold for token transfers from 5 of 8 to just 2 of 8 wallet signatures...Read More
Google appears to be taking money from fraudsters and facilitating crypto scams. These are the findings from DeFiLlama researcher “0xngmi,” who reported that scammers are buying ads for proper crypto websites on Google, but… When users click on them, “they get sent to an ad network to track the click, but that network redirects to...Read More
FTX intends to initiate the sale, staking, and hedging of its crypto assets. For this purpose, the bankrupt crypto exchange is seeking to rope in Mike Novogratz and Galaxy Digital as its investment advisers as part of its ‘Digital Asset Management and Monetization Program.’ Implementing hedging strategies for Bitcoin and Ether will serve as a...Read More
Binance CEO Changpeng Zhao (CZ) credited a little-known X (formerly Twitter) user on Wednesday for dispelling rumors of internal chaos at Binance, which suggested that the exchange was desperately selling its Bitcoin stash to protect the price of its native token, BNB. The rumors pertained to a vulnerable BNB collateralized DeFi loan on Venus protocol...Read More
The Monetary Authority of Singapore (MAS) has recently launched a new regulatory framework for stablecoins in the country. The framework aims to promote strong value stability of these digital assets, and it applies to all issuers, blockchain platforms and intermediaries dealing with Singapore dollar-backed stablecoins. It also sets out the requirements for these entities to...Read More
Bitcoin continues to be shaky at around $26,000 after a violent crash last Thursday. However, the flagship crypto asset is not likely to see prominent gains before the much-anticipated halving that is expected to occur on April 20, 2024. According to Pantera Capital’s recent projection, the next halving would see Bitcoin surging to $35k before...Read More
Fed chairperson Jerome Powell has been at the receiving end of significant backlash for his stance on implementing the same approach that helped the US get rid of inflation several decades ago. This strategy has been strongly contended by BitMEX founder Arthur Hayes while pointing out the difference in economic and monetary conditions in the...Read More
The developers on Polygon zkEVM will now have access to multi-source, aggregated data feeds served directly on-chain by leading data providers. Polygon zkEVM is all set to welcome managed data feed service, which will be introduced by blockchain oracle provider, API3. The end goal is to support the growth of TVL on the network. Besides the...Read More
In 2020, when Elon Musk began endorsing Dogecoin (DOGE) on Twitter (now known as X), a user of the platform, Glauber Contessoto, better known as SlumDOGE Millionaire, decided to invest $250,000 in the meme coin. At one point, their investment skyrocketed to a staggering $3 million, but the crypto enthusiast withheld withdrawing the funds. However,...Read More
Shiba Inu and Cardano are two very different cryptocurrencies that offer the same features of improved speed and scalability. However, both projects have experienced major declines since their launch as investors shift to newer and better projects such as Bitcoin Spark. Will Shiba Inu reach $1? Shiba Inu was one of the hottest names in...Read More
In an Aug. 23 statement on its website, OFAC indicated that it had added Roman Semenov, a Russian national who helped start Tornado Cash, to a list of people who are “specially designated nationals.” OFAC wrote down all of his known email addresses and his Ethereum (ETH) wallets. Tornado Cash Co-Founders Facing Money Laundering Charge...Read More
In an unexpected move, Coinbase Assets announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. Coinbase’s announcement mentioned six tokens, which include BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). We regularly monitor the assets on our exchange to ensure they meet...Read More
About two weeks ago, Cypher Protocol was attacked by an as-of-yet unknown bad actor, who stole over $1 million worth of crypto through a smart contract exploit. Since then, both the project’s devs and the community have attempted to reach out to the attacker via social media and impromptu NFTs. However, the perpetrator did not...Read More
GOP presidential candidate and current mayor of Miami, Francis Suarez, has said he would be willing to accept Bitcoin (BTC) as part of his salary if elected president. Suarez made the statement in a podcast interview, where he confirmed that he was already taking part of his mayoral salary in Bitcoin and would continue if...Read More
