A coordinated phishing attack targeted the cryptocurrency market, resulting in losses exceeding $580,000. On-chain sleuth ZachXBT claims that suspicious users received emails imitating web3 businesses like CoinTelegraph, Token Terminal, and Wallet Connect. The emails tricked users into clicking “airdrop claim”
The recent resurgence in the Web3 sphere has been marked by a significant uptick in the performance of metaverse tokens, particularly Gala (GALA), Axie Infinity (AXS), and The Sandbox (SAND). These tokens are surviving and thriving, with Gala leading the
Nasdaq has filed a proposal to list shares of BlackRock’s newly registered Ethereum Trust. This move comes hot on the heels of BlackRock’s Ethereum Trust registration, fueling speculation about the potential launch of an Ethereum-based exchange-traded fund (ETF). The announcement
A recent study has revealed an innovative Bitcoin option pricing model powered by artificial intelligence (AI). This state-of-the-art model seamlessly combines Bitcoin price dynamics and sentiment data, leveraging the capabilities of neural networks. According to people familiar with the matter,
In a time of economic flux and changing financial landscapes, the recent Shanghai Second Intermediate People’s Court report stands out as a significant moment for the crypto world. Daring to challenge China’s traditionally restrictive views on digital currencies, the court’s
South Korea’s premier cryptocurrency exchange, Upbit, recently experienced a security fiasco that affected approximately 400,000 wallets. Per their recent statement, a fraudulent token disguised as the legitimate Aptos (APT) token deceived the exchange’s monitoring system. Although Upbit has since recovered
While the broader crypto market is mired in a protracted slump, one segment has emerged as a phoenix rising from the ashes: liquid staking. According to a recent Bloomberg report, assets locked in liquid staking services have surged 292% to
On Aug. 29, the Digital Currency Group (DCG) announced a significant agreement with the creditors of Genesis, promising potential recoveries of up to 90%. This move signifies a monumental shift in the ongoing crisis that had earlier cast a shadow
In an unfolding twist to the ongoing controversies within the cryptocurrency space, Ripple Labs’ Chief Legal Officer, Stuart Alderoty, amplified calls initiated by former SEC official John Reed Stark to probe ex-SEC official Bill Hinman over potential conflicts of interest
On August 7, Curve Finance, a prominent player in the decentralized finance (DeFi) landscape, made a significant announcement. The protocol has put forth a $1.85 million bounty to apprehend the hacker responsible for a major security breach. This move comes
In a recent analysis by data agency CCData, the South Korean digital asset platform, Upbit has surpassed leading global exchanges, Coinbase and OKX, in spot trading volume. This shift coincides with the ongoing regulatory challenges faced by Binance, the largest
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