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Imran

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.

Posts by Imran

Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

Harmony Protocol Attacker Starts Laundering Money Through Tornado Cash

$64 million are remaining in the hacker’s Ethereum wallet after siphoning. Harmony reassured its customers that the theft had no effect on its BTC bridge. According to PeckShield, the hackers who stole $100 million in Altcoins from the Horizon Bridge of the Harmony Protocol have started to launder the money.

June 28, 2022 2 mins read
Tether

Tether’s CTO Criticizes Conventional Hedge Funds for Shorting USDT

Ardoino said the team had handled 16 billion in redemptions in more than a month. Tether’s resilience and stability were repeatedly emphasized by Ardoino. Tether’s CTO Paolo Ardoino has discussed attempts by conventional hedge funds to short USDT. A Twitter thread started by Ardoino described the assaults as a “new

June 28, 2022 2 mins read
Meme Coin Shiba Inu’s (SHIB) Trading Volume Surges Over 500%

Shiba Inu (SHIB) Price Surges 42%, Bulls Remain Optimistic

It was on June 21st that the Shiba Inu (SHIB) price blasted. Shiba Inu has been down 1.16% in the last 24 hours. As per CMC, Shiba Inu’s returns have increased by 42 percent in the past week. SHIB has been attempting to recover its footing after the market-wide crypto

June 27, 2022 2 mins read

Terra Founder Do Kwon Challenged by Hacker Group

Anonymous is digging deep into his past, including his time before joining the industry. Anonymous is a decentralized multinational renowned activist group. Anonymous has vowed to bring Do Kwon to justice as soon as feasible in the wake of the May collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems,

June 27, 2022 2 mins read
Following Launch of THORChain Mainnet, RUNE Price Surges 55% in Last 7 Days

Following Launch of THORChain Mainnet, RUNE Price Surges 55% in Last 7 Days

Mainnet launch and Binance’s “Rune in a Million” campaign were both announced. RUNE’s price is still down 31% from the $3.21 it was trading at the beginning of June. After THORChain announced the opening of its mainnet on Wednesday, RUNE’s value has risen by 16 percent. Mainnet launch and Binance’s

June 26, 2022 2 mins read
Liverpool FC Launches Virtual Clothing on Meta Avatars Store

Meta and Microsoft Are Founding Members of Metaverse Standards Forum

The Forum will concentrate on pragmatic, action-based initiatives. With the Metaverse Standards Forum, SDOs and corporations may work together. In order to establish the open metaverse, the Metaverse Standards Forum brings together prominent standards organizations and enterprises from throughout the sector. The lack of interoperability hampers metaverse adoption. The Forum

June 26, 2022 2 mins read
Inspect and Ronin Network Unite to Revolutionize Web3 Gaming

Axie Infinity’s Creator Sky Mavis Announced Plans To Reopen Ronin Bridge

Sky Mavis reported that the re-designed Ronin Bridge had passed an audit. In April, the business received $150 million in further capital funding. Axie Infinity’s creator, Sky Mavis, has announced plans to reopen the Ronin Bridge, which was hacked for $552 million in March. According to the most recent community

June 25, 2022 1 min read
Lawsuit Filed Alleging Yuga Labs of Promoting BAYC NFTs With Celebs

BAYC Files Lawsuit Against Parties Behind ‘Crazy Disinformation Campaign’

The team prepared the letter to more specifically counter the accusations. The hour-long video has received over 800,000 views on YouTube since its debut. The Bored Ape Yacht Club’s founders responded to charges that the project and its founders had Nazi links in a letter shared publicly. It comes only

June 25, 2022 2 mins read

Leading Exchange Bybit and Ontario Securities Commission (OSC) Reach Settlement

Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues mentioned in the OSC’s Statement of Allegations from June 21, 2021. Bybit contemplates various actions under the Settlement Agreement and the related Undertaking while participating in registration negotiations

June 23, 2022 2 mins read

FalconX Secures $150M Funding From Leading VCs Despite Gloomy Market

The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like FalconX continue to get investments from VCs, despite the current gloomy trend in crypto markets. As part of its Series D fundraising round, FalconX, an institutional-level digital

June 23, 2022 2 mins read
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