Recently, blockchain investigator ZachXBT revealed shocking information about North Korean developers who managed to steal $1.3 million from a project’s treasury. This brazen act of theft involved the use of fake identities to inject malicious code into the system, enabling the unauthorized transfer of funds. The stolen funds were cleverly laundered through various channels, including
Blockchain
The partnership between MetaMask, Mastercard, and Baanx has paved the way for a new era of cryptocurrency spending with the introduction of the MetaMask Card. This innovative card is currently in the trial phase in the UK and EU, offering users a seamless way to make everyday purchases using their cryptocurrency holdings directly from their
Sahil Arora, an Indian entrepreneur turned Dubai resident, made headlines with his involvement in high-profile celebrity-backed meme coins, reportedly earning around $3 million this year. His journey into the digital asset realm began back in 2017 with the launch of Vuzelaa Group in India, where he envisioned installing Bitcoin ATMs globally. However, it was between
Bitcoin took a hit on Wednesday, dropping 2.5% to $59,100 following the news that the U.S. government had shifted more of its Silk Road-related Bitcoin holdings to Coinbase Prime. The on-chain analysis platform, Arkham Intelligence, highlighted the transfer by revealing that 10,000 BTC valued at $593 million had been moved. This move raises questions about
Last night at a Crypto4Harris event, Senate Majority Leader Chuck Schumer and other prominent Democrats came together to express their strong support for crypto regulation. They emphasized the crucial need for regulatory clarity in shaping the future of the industry. Schumer highlighted the responsibility of Congress to enact common-sense regulations for crypto, with the goal
Australia’s Securities and Investments Commission (ASIC) has taken legal action against the Australia Securities Exchange (ASX) Ltd., alleging that the ASX made misleading statements regarding its blockchain trade settlement project. According to ASIC, the ASX falsely claimed in February 2022 that the project was “on track” for an April 2023 launch and that it was
Ethereum’s Layer 2 ecosystem has been making waves with a new record for daily transaction volume, reaching an impressive 12.42 million on August 12. This growth highlights the rapid advancements in scalability, potentially driving user engagement to new heights. The surge in daily transactions, reported by Growthepie, shows a 140% increase year-to-date, indicating the growing
Unioverse, a popular sci-fi franchise and gaming platform, is making waves once again with the launch of its latest game, Hoverdrome. This new gaming experience promises to blend the excitement of Mario Kart and Rocket League, setting itself apart as a top-tier action-packed adventure in the world of Web3 gaming. Gameplay and Innovation Hoverdrome’s gameplay
Sui (SUI) has witnessed a staggering 70% weekly increase in its price, following the launch of Grayscale’s Sui Trust. This surge in value has positioned SUI as one of the leading cryptocurrencies in the market, with a daily increase of over 9% as well. Trading at approximately $1, SUI has caught the attention of many
Gala Games has recently introduced a new feature that allows users to log in to their platforms using their Telegram accounts. This Single Sign On (SSO) option aims to simplify the process of accessing Gala platforms, such as Gala Games, Gala Music, and Gala Film, by eliminating the need for usernames and passwords. By enabling