The US National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the UK National Cyber Security Centre (NCSC), have released a joint report cautioning users to remain vigilant against recently discovered malware that is being deployed to target crypto wallets and exchanges. The advisory report unveiled a malware...Read More
Following an extensive struggle with the US Securities and Exchange Commission (SEC), Ripple has gained acknowledgment from People’s Magazine. This week, the publication has included the San Francisco-based blockchain company in its compilation of the “100 Companies Who Care For Employees And Society.” People Magazine specifically recognized Ripple for its corporate social responsibility initiative –...Read More
In a recent financial report, adult content subscription service OnlyFans revealed that it had invested a portion of its working capital into Ethereum (ETH). As of November 30, 2022, OnlyFans had purchased $19,889 million worth of ETH, which recorded an impairment loss of $8,455 million, leaving a carrying amount of $11,434 million. OnlyFans Owner Collects...Read More
On Aug. 28, MN Trading CEO and founder Michaël van de Poppe said the current bear market is relatively comparable to what we’ve witnessed in 2015. He added that it was essentially a period of sideways action, where the faith in crypto is slowly getting lost too, “despite the fact of solid fundamental growth.” The...Read More
Shytosi Kusama, the lead developer at Shiba Inu, has recently proclaimed that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, marking a spring landmark for the Shiba Inu project. In this blog post, Shytoshi Kusama emphasized that even before...Read More
In a recent move, the co-founder of Ethereum, Vitalik Buterin, transferred 3,000 ETH, equivalent to approximately $4.9 million, to a Vb 2 labeled address 0x1Db3439a222C519ab44bb1144fC28167b4Fa6E. According to data from Etherscan, the transaction took place on Aug. 28. It was sent to the Vb 2 labeled address, bringing the total value of ETH that the wallet...Read More
The Bitcoin Spark presale has caught the attention of crypto enthusiasts and investors since it started on August 1st. As it progresses, on-chain data reveals a massive inflow of Dogecoin (DOGE) investments. Will Dogecoin go back up? There are reasons to believe that Dogecoin (DOGE) could go back up. First, it has an active community...Read More
The crypto analyst going on X (formerly Twitter) under the name Ali revealed that investors have withdrawn a substantial amount of two trillion SHIB tokens last week. The stash equals almost $16 million (calculated at current rates). According to Ali’s chart, outflows have been the highest on August 22 and August 23, accounting for around...Read More
[PRESS RELEASE – Zug, Switzerland, August 28th, 2023] Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology allows blockchains to connect interoperably without the need for a centralized...Read More
While Bitcoin network fundamentals such as hash rate and difficulty have reached peaks, the same cannot be said for its hash price. The world’s largest crypto’s price has failed to recover, and miners are facing the brunt of it yet again. Bitcoin hash price – which can be described as the revenue generated by miners...Read More
On the 22nd of August, Balancer Labs – a non-custodial portfolio manager, liquidity provider, and price sensor – received reports of a massive vulnerability affecting several of its lending pools. At the time, no attacks had been carried out – but that changed recently. Community Alerted As soon as the exploit was discovered, Balancer devs...Read More
On-chain data tracker Whale Charts just flagged a massive XRP transaction, which could spell doom for the popular crypto asset. As per Whale Charts’ tweet, an anonymous investor moved about 28.4 million Ripple (XRP), equivalent to roughly $14.9 million, into Bitstamp. The amount was transferred from wallet r4wf7enWPx to another Bitstamp wallet, rDsbeomae4. Of course,...Read More
Binance, one of the world’s largest cryptocurrency exchanges, has made a strategic move to regain access to the Belgian market. The exchange recently faced regulatory tensions in the country, which led to a halt in its services. To ensure continuity for its Belgian clientele, Binance has decided to route its services through Binance Poland Sp.,...Read More
According to cybersecurity researcher ZachXBT, the feature meant to prevent scammers from impersonating legitimate organizations merely created a new black market. Previously, all verified accounts had blue checkmarks. Now, blue checkmarks indicate that the owner of the account has an X Premium subscription and meets the requirements to display the checkmarks. Government officials, multilateral organizations,...Read More
Bitcoin wallet address that accumulated $3 billion worth of BTC in three months to become the 3rd largest wallet address belongs to the investing and trading platform Robinhood. The wallet had attracted attention dividing the market observers into speculating whether it belonged to Winklevoss-led Gemini or asset management giant BlackRock. However, Arkham Intelligence data showed...Read More
Sam Bankman-Fried’s trial is one of the biggest cases of white-collar securities fraud in Manhattan, with billions of dollars having gone astray from the defunct cryptocurrency platform FTX, causing significant financial distress to former users (and employees). In the latest development, the lawyers representing the disgraced founder objected to the four million pages of discovery...Read More
A little-discussed memo from the Securities and Exchange Commission (SEC) from five years ago may suggest that the agency faced internal struggles in concluding whether XRP was a security, according to crypto lawyer John Deaton. This may indicate that Ripple – the company behind XRP – was not legally reckless in issuing the token years...Read More
The 1inch Investment Fund’s crypto wallet has made a substantial purchase of Ether. Lookonchain – the popular blockchain analysis platform – highlighted the transactions and revealed that the wallet acquired 6,088 ETH at an average price of $1,655. In doing so, the wallet associated with the DEX aggregator spent over $10 million. Blockchain data pointed out...Read More
The Korea Federation of Banks (KFB) reportedly intends to require domestic cryptocurrency exchanges to hold at least 3 billion won (around $2.26 million) as a reserve. The local authorities have been quite strict with such entities lately, urging them to set up proper guidelines in terms of listing and delisting of digital assets to ensure...Read More
The United States Securities and Exchange Commission (SEC) brought its first enforcement action against a player in the non-fungible token (NFT) space charging Impact Theory of engaging in an unregistered securities offering. The financial regulator claimed that Impact Theory – a Los Angeles-based media and entertainment – sold approximately $30 million of NFTs while also...Read More
[PRESS RELEASE – Georgetown, Cayman Islands, August 28th, 2023] Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt issued exclusively on the Kava Chain, to...Read More
BitMEX users will soon be able to long or short SHIB via two new listings – SHIBUSD and SHIBUSDT. SHIB is an Ethereum-based token which powers the Shiba Inu ecosystem. The project builds on the well-known shiba inu meme, which is the same meme that drove the popularity for tokens like Dogecoin (DOGE). Through the...Read More
Ripple Labs is gearing up for a celebration after its significant win against the Securities and Exchange Commission (SEC) in New York City, scheduled for September 29, 2023. The company promised to unveil more details about this event in the coming week. 🎉 Save the Date 🎉 We’re hosting a community celebration on September 29...Read More
Following the recent embarrassment of the Shibarium network failing to respond, the layer-2 scaling solution for the Shiba Inu blockchain is now live. Despite the initially rocky start, the market welcomes the news with open hands. With a 2.24% jump last night in response to the Shibarium network, the SHIB coin price forms a strong...Read More
Ben Armstrong – the face of ‘Bitboy’ crypto – has been a scandalous figure in the industry. From endorsing high-risk investments to accusations of dumping tokens after promoting them to millions of his followers, as well as engaging in sketchy meme coins, several reasons have been speculated as the parent of Hit Network, which controls...Read More
Later this week, BitMEX users will be able to long or short BONE via two new listings – BONEUSD and BONEUSDT. BONE is the governance token of the ShibaSwap decentralized exchange, an application built on the Shibchain. The project runs alongside other initiatives in the Shiba Inu ecosystem, such as the SHIB token, which drove...Read More
[PRESS RELEASE – Please Read Disclaimer] The Blockchain Era (TBE), a revolutionary Decentralized Autonomous Organization (DAO), is proud to announce its launch today. As an inclusive community united under the same purpose, TBE aims to harness the power of AI, cryptocurrencies, blockchain, and cutting-edge hardware and software technologies to revolutionize the way we live, work,...Read More
[PRESS RELEASE – Zug, Switzerland, August 29th, 2023] Backed has extended its native token issuance to include the BNB Smart Chain (BSC) to bring our products to a wider audience and give our clients the flexibility to choose the blockchain that works best for their use case. Backed is on a mission to bring off-chain...Read More
The latest edition of the weekly report from crypto exchange Bitfinex has revealed that Bitcoin’s mining difficulty reached a new peak as BTC hovered around the $26,000 price level. The “Bitfinex Alpha” report disclosed that the mining difficulty hit an all-time high of 55.62 trillion hashes. Bitcoin’s Mining Difficulty Hits New High The mining difficulty...Read More
According to Bloomberg Intelligence, the highly-anticipated launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could occur right before Labor Day (September 4). The entity said that the US Securities and Exchange Commission (SEC) is expected to respond to several applications from BlackRock, Bitwise, WisdomTree, VanEck, and Invesco in the following days....Read More
