Cryptocoins News / Blockchain - 2 years ago
Lawyers representing a class-action lawsuit against BitBoy Crypto and other FTX influencers for promoting FTX crypto fraud without disclosing compensation claimed that BitBoy Crypto's Ben Armstrong made multiple threats against them, including voicem...
Cryptocoins News / Blockchain - 2 years ago
Nigeria's eNaira, a central bank digital currency (CBDC), is being adopted at an increasing rate as the country faces severe cash shortages due to demonetization. The value of eNaira transactions has increased by 63%, and the total number of CBDC wal...
Cryptocoins News / Blockchain - 2 years ago
Visa's biannual threat report reveals that over $3 billion was stolen in cryptocurrency thefts in 2022, with token bridges being a common target. The report also details a phishing campaign targeting crypto exchanges. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Bitzlato, a Russia-linked cryptocurrency exchange, has enabled its users to withdraw up to 50% of their assets stuck on the platform due to enforcement from the United States and Europol, with the help of a Telegram bot. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Investment firm ARK Invest has sold a portion of its Coinbase shares in 2023, accounting for 23% of its March acquisitions and 9% of all shares bought this year. The remaining 1.6 million shares are valued at over $132 million. Coinbase stock has ris...
Cryptocoins News / Blockchain - 2 years ago
MetaMask Institutional has announced a new staking marketplace that allows institutional clients to manage ETH staking through vendors such as ConsenSys Staking, Allnodes, Blockdaemon, and Kiln. The marketplace aims to simplify access and management...
Cryptocoins News / Blockchain - 2 years ago
Circle's USD Coin (USDC) stablecoin chief strategy officer Dante Disparte's Twitter account has been hacked, with the account reportedly promoting fake loyalty rewards to long-time users of USDC. (Read More)
Cryptocoins News / Blockchain - 2 years ago
US officials are discussing the possibility of expanding deposit insurance beyond the current cap of $250,000 to cover all bank deposits, according to Bloomberg. However, sources have said that such a move is not necessary at the moment, as recent st...
Cryptocoins News / Blockchain - 2 years ago
Ethereum-based adult entertainment platform SpankChain has closed down its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The announcement of the ARB token airdrop by Arbitrum Foundation has triggered over-the-counter (OTC) trading of the unreleased tokens. ARB marks Arbitrum's official transition into a decentralized autonomous organization (DAO), giving ARB holders th...
Cryptocoins News / Blockchain - 2 years ago
Coinbase has submitted a "Petition for Rulemaking" to the SEC, arguing that staking should not be classified as securities. The petition argues that staking is not a monolithic concept, and core staking services do not meet the criteria of the Howey...
Cryptocoins News / Blockchain - 2 years ago
MetaMask, a major crypto wallet, has partnered with MoonPay to enable direct bank transfers for crypto purchases in Nigeria, allowing users to access crypto faster and cheaper without using credit or debit cards. Nigeria is a major market for MetaMas...
Cryptocoins News / Blockchain - 2 years ago
Bitcoin's profitability challenges the narrative of depreciating volatility. 88.50% of Bitcoin's tradable days were profitable for hodlers, with just 11.56% being unprofitable. Understanding market cycles is crucial for investors, while some prefer d...
Cryptocoins News / Blockchain - 2 years ago
The Australian Prudential Regulation Authority (APRA) has ordered local banks to report on cryptocurrency transactions amid concerns over the contagion of recent banking collapses, including that of Silicon Valley Bank (SVB). The regulator is seeking...
Cryptocoins News / Blockchain - 2 years ago
ZenGo has discovered a security vulnerability called the "red pill attack" in decentralized applications or dApps. The vulnerability allowed malicious dApps to steal user assets using opaque transaction approvals. Many leading vendors, including Coin...
Cryptocoins News / Blockchain - 2 years ago
DeFi insurance firms paid out $34.4 million in claims in 2022, including $22.5 million for the collapse of Terra Luna and $4.7 million for FTX. DeFi insurance now covers eight major categories, but more work is needed to scale. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Decentralized web developer Tomi has secured $40 million in funding to attract content creators to its surveillance-free alternative to the internet. The project, led by a DAO, uses TOMI as its native token for monetization. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The Australian Bankers Association (ABA) has launched a cost of living review to determine how the COVID-19 epidemic, global supply chain restrictions, geopolitical tensions, and other factors have raised Australia's already high cost of living. The...
Cryptocoins News / Blockchain - 2 years ago
Taiwan's top administrative authority, the Legislative Yuan, will regulate cryptocurrencies via the Financial Supervisory Commission (FSC). Chairman Huang Tien-mu declared that the FSC would supervise Taiwan's crypto business, but not NFTs. The FSC s...
Cryptocoins News / Blockchain - 2 years ago
Users have reported that the AI-based decentralized application project Harvest Keeper has stolen approximately one million dollars from their accounts in what is likely to be a fraud. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Crypto.com has obtained a minimal viable product (MVP) preparatory license from Dubai's Virtual Asset Regulatory Authority (VARA) to offer spot and derivatives instruments of virtual assets. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Synthetix has secured a $20 million investment from Web3 investment and quantitative trading firm DWF Labs. The partnership will see DWF Labs tasked with increasing SNX token liquidity and market making across centralized and decentralized exchanges,...
Cryptocoins News / Blockchain - 2 years ago
The DLT Science Foundation (DSF) has been launched with the aim of promoting the adoption of distributed ledger technology (DLT) and providing grant support to its university network. The network includes prestigious institutions such as the London S...
Cryptocoins News / Blockchain - 2 years ago
Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync...
Cryptocoins News / Blockchain - 2 years ago
NFT wash trading has surged for the fourth consecutive month, with a total volume of $580 million across the top six marketplaces, according to a report from CoinGecko. The report attributed the rise in volume to the overall recovery of NFT marketpla...
