October 5, 2024

Over 20 Crypto Hacks in September 2024: Here’s How Much Was Stolen

Blockchain security firm PeckShield has reported that the crypto space suffered more than 20 hacking incidents in September 2024. According to the company, these events caused about $120.23 million in losses, excluding $32.4 million worth of Spark Wrapped Ethereum (spWETH) drained in a phishing attack on September 27. BingX, Penpie, and Indodax Suffer the Most...
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Top OpenSea Employees Step Down Amid Regulatory and Financial Troubles

OpenSea, one of the most prominent NFT marketplaces, has experienced a significant downturn in its overall business operations due to several factors, including low engagements in the sector. Over the past few months, some top employees have left the company to work elsewhere as the firm’s troubles continued to pile up. With a significant reduction...
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Bitcoin and Crypto Become a Critical Factor in the US Elections: Research

A new survey by ConsenSys and HarrisX reveals that nearly half of U.S. voters (49%) consider a pro-crypto stance important when choosing political candidates. Additionally, 62% are willing to cross party lines for a candidate who supports pro-cryptocurrency policies. Crypto Regulation and Voter Sentiment The study also found that 85% of respondents want presidential candidates...
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Massive NFT Sale of a CryptoPunk for $56M Spawns Speculation of Upcoming Kamala Harris Meme Coin

A CryptoPunk NFT has made headlines for being sold for $56.3 million. This comes amid claims that it was a carefully orchestrated promotional tactic for an upcoming meme coin called “Kamala Harris Punk.” The NFT Sale Punk 1563, depicting a pixelated woman with dark hair and blue eyes, was recently sold for 24,000 ether (ETH), worth...
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Crypto Advocacy Group Launches Initiative to Protect Blockchain Developers

The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch the Blockchain Zone, a new initiative designed to safeguard blockchain developers from “patent trolls.” The campaign targets non-practicing entities (NPEs), which hold patents without developing products and often exploit the high costs of litigation to pressure companies into expensive settlements. Protection...
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Pi Network (PI) News and Deadlines: Here’s What You Need to Know

Pi Network, the mobile app that allows users to mine cryptocurrency on their smartphones, has been one of the most popular projects in recent years, garnering the attention of millions of people throughout the world. The application has over 50 million downloads on the Google Play Store, and many users eagerly anticipate the launch of...
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Ripple v. SEC Lawsuit: Can the Commission Win the Appeal?

Last week, the US Securities and Exchange Commission filed an appeal in the case against Ripple Labs. This has been one of the most highly anticipated moves, and many speculated that the watchdog would forego its right to do so because its chances of winning are slim. This is also probably the reason why XRP’s...
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