A phishing scam targeting the Stargate Snapshot platform resulted in significant financial losses. A Discord Moderator of LayerZero, the underlying network of Stargate, revealed that a scammer effectively carried out a deceptive proposal vote, utilizing a phishing link to manipulate users into staking STG tokens. Scammer Misleads Token Holders in Fake Proposal Vote The scam...Read More
A new listing featuring – LUNC – the token of Terra Classic Blockchain will be available to trade on BitMEX, and with up to 10x leverage from tomorrow. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX...Read More
The individuals accused of orchestrating the $8.5 million hack of Platypus Finance, an Automated Market Maker (AMM) protocol on Avalanche in February 2023, have been cleared of criminal charges by a French court, according to Le Monde. The defendants, identified as Mohammed and his brother Benamar M., were arrested approximately one week after attacking the...Read More
In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has displayed a contrasting performance. While industry leaders like OpenSea have historically dominated the NFT space, relatively newer players, such as the Blur NFT marketplace, have emerged as formidable contenders. As of December 3, the Ethereum...Read More
In the past several hours, Bitcoin and Ethereum experienced a downturn following their recent highs at approximately $42,000 and $2,300. Analysis of on-chain data indicates that short-term investors are taking this chance to sell their holdings and exit the market with gains. Despite this, strengthening support levels suggest that Ethereum’s price is poised for a...Read More
While the price of Bitcoin (BTC) ballooned to a 19-month high this weekend, Ethereum (ETH) has kept apace, surging beyond $2200 for the first time since May 2022. On-chain analysts at CryptoQuant have identified three drivers behind the crypto’s stellar performance over the past month. Ultrasound Money Takes Effect As shared by analyst MAC_D, ETH...Read More
Itau Unibanco, Brazil’s largest bank, has officially entered the cryptocurrency exchange market, launching a trading service for its investment platform clients. The service debuted on Monday and enables users to trade Bitcoin and Ether, the two most popular cryptocurrencies. Itau Expands Crypto Trading with Diverse Portfolio According to a Reuters report, Guto Antunes, the head...Read More
[PRESS RELEASE – Singapore, Singapore, December 4th, 2023] HashKey Capital, a leading investment firm, has recently become aware of potential instances of impersonation attempts involving scammers falsely posing as representatives of the company. HashKey Capital wants to assure its clients and the public that it has no association with any of these impersonation schemes. Upon...Read More
[PRESS RELEASE – Dubai, UAE, December 4th, 2023] After two years in development LandX, the agricultural finance protocol, successfully closed its private investment round surpassing expectations. The round raised over $915,000 USD from private investors which brings the total raised to over $5 million USD. The milestone marks a significant vote of confidence in the...Read More
Abstract: We examine the various time locks in Bitcoin, a feature which can ensure that a particular Bitcoin transaction is only valid until after a certain point in time, normally in the future. The report explains why the adoption of some of the time lock features are important from a mining incentivisation perspective and we...Read More
In a not-so-safe turn of events, the supposedly secure Safe Wallet is feeling the heat. Users of Safe Wallet are facing a major threat as a crypto hacker skilled in “address poisoning attacks” successfully pilfered over $2 million from 10 users between November 26 and December 3. Safe Wallet Users Targetted in Address Poisoning Scam...Read More
Blockstream CEO Adam Back has projected that Bitcoin’s price will reach a staggering $100,000 before the next halving event. This prediction, defying historical Bitcoin pricing trends, has sparked a mix of excitement and skepticism, highlighting the fluctuating nature of the cryptocurrency market. Bitoin Price Prediction Bitcoin analyst Vijay Boyapati recently questioned whether Bitcoin might hit...Read More
Crypto markets have marched higher during the weekend and into the Monday morning Asian trading session. They have been dominated by Bitcoin, which has surged to its highest price in 19 months, reaching $41,750 on December 4, according to CoinGecko. At the time of writing, the asset was trading close to $41,500 following a 5.2%...Read More
As CryptoPotato reported, Bitcoin’s price exploded above $41K for the first time in 19 months, leaving a trail of liquidated short positions over the past 24 hours. Many analysts and experts have stated that the bull run has already begun, while others believe that it will come following the 2024 Bitcoin halving. That said, Jeroen Blokland, a...Read More
The game finance (GameFi) space has recorded a high failure rate since its emergence in 2017. More than 75% of all Web3 games launched are dead due to declining user interest. According to a study by leading crypto data aggregator CoinGecko, three of every four Web3 games launched in the last five years have become...Read More
