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Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
21.5.2023
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain
Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million
21.5.2023
Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This...
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase
20.5.2023
According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past 90 days, there has been a significant surge, with...
US Expands ‘Unprecedented Global Sanctions’ on Russia With Over 300 New Targets
20.5.2023
The U.S. has imposed new sanctions on Russia “in coordination with the G7 and other international partners.” Among the targets are “the channels Russia uses to acquire critical technology, its future energy extraction capabilities, and Russia’s financial services sector.”...
Take Care Of This House Now That I’m Leaving, OK?
19.5.2023
Before I became a game reviewer, an investigative reporter, and an all-around troublemaker, I was an award-nominated game designer who put stories in video games. Alas, that didn’t pay very well or consistently. So, as I ran out of my parents’ healthcare, I moseyed over to this website thinking...
Bitcoin Price Prediction as Market Awaits Fed Chair Powell Speech – Is the Bear Market Over?
19.5.2023
Fed Chair Powell's recent speech has sparked significant interest and speculation within the financial community.
As one of the most influential figures in the global economy, Powell's remarks carry substantial weight and have the potential to impact various sectors, including the cryptocurrency...
Bitcoin Price Prediction Following Fed Chair Powell's Speech – Is the Bear Market Over?
19.5.2023
Fed Chair Powell's recent speech has sparked significant interest and speculation within the financial community.
As one of the most influential figures in the global economy, Powell's remarks carry substantial weight and have the potential to impact various sectors, including the cryptocurrency...
Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed
19.5.2023
The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed.
Embed was acquired by FTX’s American branch FTX.US in mid-2022, but representatives for FTX’s bankruptcy estate now say former company executives...
Apple bans ChatGPT use for employees over fear of data leaks
19.5.2023
An internal document from the tech giant said that while it develops its own AI technology employee usage of outside AI chatbots will be restricted
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
19.5.2023
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins
I run a Ledger competitor — but I support them in blow-up over keys
19.5.2023
Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security
Entire Class Of College Students Almost Failed Over False AI Accusations
18.5.2023
A class of seniors at a Texas university almost had their diplomas rejected and graduation rescinded, all because a professor reportedly used ChatGPT to falsely determine that the students’ final essays were written by artificial intelligence. Read more
FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy
18.5.2023
When FTX tried to sell the platform after filing for bankruptcy, the top bid was for just $1 million, representing a 99.5% decline in value
DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network
17.5.2023
With the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of excitement within the Dogecoin community. The emerging token type has ignited a surge of activity, leading to a substantial increase in daily...
Investors seeking high returns should invest in InQubeta over Chainlink and BNB
17.5.2023
The cryptocurrency world keeps giving high returns, with investors smiling happily when well-researched and well-thought-out altcoin projects finally take their place in the markets. If you are seeking the next big thing and are in the business of getting high returns, then InQubeta (QUBE) is...
DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey Finds
17.5.2023
Uniswap found that many respondents are put off by the complexity and cost of on-chain trading
Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday’s Crypto Red Wave
17.5.2023
Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) was able to climb to a one-week...
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
17.5.2023
The pre-seed funding extension was led by Superscrypt, and Polygon was a prior investor
Bittrex bankruptcy casts doubt over BNB & XRP, TMS Network shakes it off with a 1700% boost to the value
17.5.2023
Cryptocurrency exchange Bittrex recently filed for bankruptcy in the US, becoming the latest crypto venture to go bust. Bittrex pledged to return customer funds and wind down its US operations while continuing to operate overseas, citing the increasingly strong regulatory environment in the US...