About a month ago, KeyFi claimed that Celsius had scammed it out of money. Celsius suspended client withdrawals on June 13. Celsius has filed a countersuit against its ex-partner. Celsius, a cash-strapped crypto lending organization, has filed a lawsuit against KeyFi, a DeFi strategy firm, and its CEO Jason Stone,
August 24, 2022 1 min read
Video content creators using the app may monetize their work by selling it on Creator Cuts. The owners of video NFTs will engage in the producers’ 10% daily portion of the GARI revenue. Today, Chingari, the world’s fastest-growing on-chain social app, announced the release of its groundbreaking new product: Creator
August 24, 2022 2 mins read
According to Hillmann, hackers created an AI (artificial intelligence) hologram. Hillmann did not reveal the cryptocurrency projects that were the focus. Fraudsters and hackers are become more sophisticated by incorporating new technologies into their operations. Last week, Binance’s CCO, Patrick Hillmann, revealed a unique and complex method by which attackers
August 23, 2022 1 min read
Chastain faces a maximum of 20 years in jail for each of the allegations. According to the DOJ, Chastain’s case was the first known instance. Attorneys for Nate Chastain, formerly of OpenSea and now terminated from the NFT marketplace on grounds of insider trading, have filed a request to have
August 23, 2022 1 min read
There are just 15 WETH in the contract at the time of writing. An estimated 15,000 ETH (Ethereum) remains to be paid to lenders. It has been discovered that the Wrapped Ether (wETH) contract used by the lending protocol BendDAO has exhausted its supply. There are just 15 WETH in
August 22, 2022 2 mins read
The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thursday, hackers used a zero-day exploit to gain access to the servers of Bitcoin ATM maker General Bytes, changing the default administrators to themselves and resetting
August 22, 2022 2 mins read
The producers of Fortnite have granted the team an Epic MegaGrant. The program encourages the development of noteworthy, original works. Epic Games has provided funding to Grease Monkey Games, an Australian indie studio that is a subsidiary of Animoca Brands, so that they may create Torque Drift 2, a blockchain-based
August 21, 2022 2 mins read
FTX had $2.5 billion in cash and a 27% profit margin at the end of 2021. According to reports, FTX generated $270 million in Q1 2022. When Bitcoin (BTC) and other cryptocurrencies reached record highs in 2021, FTX was one of the several crypto exchanges that witnessed the entire phase.
August 21, 2022 1 min read
First launched in 2019 as a derivatives exchange, FTX has since branched out. The cryptocurrency exchange completed the purchase of Ledger Holding in 2021. FTX CEO Sam Bankman-Fried insists that his focus remains on LedgerX (now rebranded as FTX US Derivatives). In October 2021, the cryptocurrency exchange completed the purchase
August 20, 2022 1 min read
Aztec claims it has made improvements to discourage money laundering. This caution follows the United States government’s contentious decision. On Friday, Aztec Network, an Ethereum-based privacy-enhancing smart contract platform, responded on Twitter to user concerns that FTX, one of the world’s biggest cryptocurrency exchanges, is “freezing” the accounts of users
August 20, 2022 2 mins read
