Cryptocurrency

May 15, 2024

Solana-based Cypher developer confesses to gambling away $300K of user funds

Pseudonymous Cypher Protocol developer Hoak has admitted to misappropriating approximately $300,000 worth of user funds and squandering them through gambling activities. The confession was made public […]

Over 1 million new crypto tokens have been launched since April

The month of April witnessed an unprecedented surge in token creation, with Ethereum and Solana emerging as primary platforms for this proliferation.   Since April commenced, […]

Layer-3 network Degen Chain hasn’t produced a block in 53 hours

The Ethereum layer 3 blockchain, Degen Chain, has encountered a significant setback, leading to a prolonged period of unavailability.   Degen Chain ceased to validate transactions […]

$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

Sonne Finance, a lending protocol, was compelled to suspend its operations following a hack that saw $20 million worth of cryptocurrencies drained from the market.   […]
May 14, 2024

Biden orders removal of Chinese-owned crypto miner near missile base

President Joe Biden has issued an order preventing a China-linked crypto mining firm from utilizing land near a Wyoming nuclear missile base.   National Security Concerns […]
May 13, 2024

Reports of ‘bleached’ counterfeit bills crop up across North America

Counterfeit United States dollars are increasingly surfacing across North America, with incidents reported from Texas to Hawaii and even in Canada.   In Brownsville, Texas, police […]

North Korean hackers deploy ‘Durian’ malware, targeting crypto firms

Reports indicate that North Korean hackers are employing a new and notable malware variant called “Durian” to target South Korean cryptocurrency companies.   The North Korean […]

Blockdaemon gets greenlight for UAE expansion in Abu Dhabi

Blockchain infrastructure firm Blockdaemon disclosed plans to expand its operations in the United Arab Emirates by establishing a new office and entity in Abu Dhabi.   […]
May 11, 2024

Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Billionaire investor Mark Cuban has urged the United States Commodity Futures Trading Commission (CFTC) to regulate “all crypto” while making a final appeal to the U.S. […]

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