In November 2019, South Korea’s Upbit cryptocurrency exchange endured a monumental cybercrime, marking one of the largest heists in the digital currency space. Investigators have since linked the operation to North Korean hacking groups, specifically Lazarus and Andariel, known for their sophisticated and brazen cyber attacks. Understanding the intricacies of this heist not only illustrates
potential
In a groundbreaking decision, a bankruptcy judge for the Southern District of New York has permitted Celsius Network to issue legal notices via non-fungible token (NFT) airdrops, a move that signals a significant shift in how legal processes can adapt to the complexities of the digital age. Celsius Network, currently embroiled in insolvency proceedings, finds
Gary Gensler’s upcoming departure as the Chairman of the U.S. Securities and Exchange Commission (SEC) marks a pivotal moment not only for the agency but also for the broader financial regulatory landscape as the nation braces for a new administration. Announced to coincide with President-elect Donald Trump’s inauguration on January 20, 2025, Gensler will conclude
On November 21st, the Sui Network experienced a significant setback when it failed to generate blocks on its mainnet, leading to a temporary halt in blockchain operations. This disruption lasted for two hours, raising concerns among users and investors alike. Following this downtime, the network successfully resumed transaction processing, thanks largely to the quick actions
The gaming landscape is evolving rapidly, especially with the advent of blockchain technology and the rise of metaverse experiences. Among the front-runners in this space is “My Neighbor Alice,” a blockchain-based metaverse game that has captivated players since its inception in early 2023. The game’s creators have ambitious plans to expand its reach and capabilities,
In the rapidly evolving realm of cryptocurrencies, the Shiba Inu project has captivated a vast and enthusiastic community. However, with this growing interest comes an alarming rise in scams that exploit the very community these investors are part of. As the Shiba Inu ecosystem gains traction, it becomes a target for fraudulent entities seeking to
On the occasion of Nikolai Durov’s 44th birthday, a notable initiative has emerged within the world of blockchain and digital art—the launch of the NikolAI project’s first NFT series. Durov, acclaimed for his groundbreaking work as a mathematician and cryptographer, as well as his influential role in co-founding Telegram, is a pivotal figure whose contributions
The Ethereum landscape has been marked by significant fluctuations over recent weeks, especially following its peak of $3,420, the highest it has reached in four months. As the second-largest cryptocurrency, Ethereum often follows Bitcoin’s lead, maintaining a close price correlation. However, during this latest bull cycle, Ethereum has appeared somewhat stagnant compared to Bitcoin, which
In recent years, the United Kingdom has witnessed a remarkable surge in interest and participation in digital assets. With approximately 6 million individuals and 32% of UK institutions venturing into this dynamic domain, the rationale for a regulated digital currency solution has become increasingly evident. Amidst this backdrop, Agant’s initiative to launch GBPA, a stablecoin
As of recent observations, Ethereum (ETH) has encountered a significant period of consolidation since reaching a local peak of $4,446 on November 12. This period of stagnation comes at a time when Bitcoin’s remarkable rally has garnered much of the market’s attention, leaving Ethereum in a somewhat precarious position. The fluctuations in Ethereum’s price reveal