Security Firm BlockSec Helps Platypus Recover $2.4M In Stolen Money
Blockchain security company BlockSec recently helped the Platypus protocol recover $2.4 million in stolen money. MetalSleuth, a visualization tool from Blocksec, discovered that of the nearly $9.1 million in stolen monies from Platypus, the attacker could only pay out $270,000. The remaining $8.5 million of the stolen money has been frozen in the contract where […]
FTX’s Former Chief Engineer Preparing to Enter a Guilty Plea For Fraud
The saga of Sam Bankman-Fried (SBF) and his collapsed crypto empire FTX continues to unfold, with the latest development being that Nishad Singh, FTX’s former chief engineer, is preparing to enter a guilty plea to fraud charges. This could further weaken SBF’s defense, as Singh would be the latest in a string of close associates […]
Zksync Rebrands zkSync 2.0 To zkSync Era, Starting New Phase
Ethereum scaling solution zkSync has started a new phase of development, known as “fair onboarding alpha,” enabling some registered projects to deploy on the mainnet. To mark the occasion, the network has also rebranded its previous network, zkSync 2.0, to zkSync Era. zkSync is releasing its version of zkEVM, a ZK-Rollup Layer 2 scaling solution […]
MakerDAO voting on $100M loan participation with Florida commercial bank
Crypto lending platform MakerDAO is voting on a new proposal to bring another commercial bank into its ecosystem, strengthening the connection between decentralized finance (DeFi) and traditional finance. As per MakerDAO’s governance forum, Cogent Bank, a Florida commercial bank, is proposing to participate with $100 million in loans to MakerDAO’s RWA Master Participation Trust. The […]
Quant token willing to heal the muscles amid weaker momentum
Quant (QNT) token has been trading inside a rising parallel channel since the start of 2023, reaching highs of $165. Currently, it is trading at $138.80, with a dip of 3% and a 5% decrease in trading volume. On the daily chart, QNT shows some signs of reversal, trading above the significant moving averages. The […]
820 Million Dogecoin Wired by These Wallets After Musk’s Recent Bullish DOGE Tweets
The Dogecoin (DOGE) community has been abuzz with activity over the past few days, following several large transactions involving anonymous wallets. According to @DogeWhaleAlert, over the past two days, slightly more than 820 million Dogecoin have exchanged hands between anonymous wallets. Some of these wallets are from the top 20 list. The largest transaction of […]
Bitcoin exhibits ‘extremely bullish signal’ on 2-month Stochastic RSI chart
Bitcoin is the world’s leading cryptocurrency, and it is currently going through a period of consolidation in the market. Recently, some of Bitcoin’s technical analysis (TA) indicators are suggesting a bullish future for the asset. The Stochastic relative strength index (RSI) is a tool used by stock market and cryptocurrency traders to predict price turning […]
Lebanon, Slovenia, UAE lead interest in AI Crypto
The recent report from CoinGecko showed that Lebanon, Slovenia, and the United Arab Emirates (UAE) are the top three countries that are most interested in Artificial Intelligence (AI) crypto. Countries with major economic problems, like Nigeria, Sri Lanka, and Pakistan, have also ranked higher in the charts — while the U.S. was placed 33rd. The […]
Binance pushes new transparency framework for CEXs
Rewrite and expand this content to 800 words Exchange Binance has released a policy paper proposing a detailed, actionable framework of guidelines that centralized exchanges (CEXs) could follow to foster industry transparency, trust, and safety. Indeed the countless dark events of the past year, such as the FTX collapse and other high-profile bankruptcies, have significantly […]
Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money
Bitcoin Non-Fungible Tokens (NFTs) have been making waves in the cryptocurrency world recently, with many people asking questions about their purpose and potential implications. NFTs are digital assets that are unique and distinct from one another, and they are being used to create digital collectibles, artwork, music, and more. Ordinal Inscriptions are a type of […]