RenBridge was used to launder at least $540 million from 2020 via chain hopping. These bridges have also been used by ransomware gangs, exploiters, and hackers. There have been several thefts of cross-chain bridges this year, but new information from blockchain analytics vendor Elliptic suggests that one of these bridges
August 11, 2022 1 min read
The project’s website, tornado.cash, has also been sanctioned. The Github account of Tornado creators has been terminated. Tornado Cash-related activity is being blocked by businesses. Tornado Cash-related cryptocurrency addresses were sanctioned by the U.S. Treasury Department earlier today, including 38 Ethereum accounts and six USDC addresses. The project’s website, tornado.cash,
August 9, 2022 2 mins read
“Shark Tank” star Mark Cuban recently appeared on the Altcoin Daily Podcast for an in-depth, one-hour discussion on cryptocurrencies. He compared decentralized application platforms Cardano and Dogecoin to see which one had the greatest promise and what the differences were. Cuban believes that the number of transactions on a blockchain
August 9, 2022 2 mins read
ETH’s price has risen by almost 70% in the previous month. A record high of $24,650 was reached for BTC on Saturday, the highest since June. After bouncing back from its most catastrophic loss in recent memory, the global crypto market fell by roughly 1.12% on Monday. Prices of Bitcoin
August 1, 2022 2 mins read
The floor price for the Meebits collection increased from 4.33 ETH to 5.01. Yuga didn’t explain how the money would be used. Yuga Labs has instituted a royalty on Meebits NFT sales as part of its business model. There will be a 5% royalty charge applied to all Meebits sales
July 31, 2022 1 min read
Vasil update planned for the end of this month has been pushed off for few more weeks. Until the Vasil update is live, COTI says, the Djed mainnet rollout will be on hold. COTI, a major enterprise-grade financial organization, has given an update on Cardano’s stablecoin Djed deployment on the
July 31, 2022 2 mins read
The plan, known as AIP-70, received a resounding approval. There have only been 52,400 total visitors to The Bored Ape Gazette. The ApeCoin DAO’s treasury has given a boost to a Bored Ape-focused news organization, despite the NFT market slowing down. Decentralized ApeCoin DAO, which utilizes ApeCoin as its governance
July 31, 2022 1 min read
A value of $2.5 billion was put out by Immutable after a $200 million round of funding. TikTok and GameStop have just developed an NFT marketplace using Immutable X. Due to the effects of the prolonged crypto winter, several crypto firms have laid off employees and the recent one is
July 29, 2022 2 mins read
The network’s average transaction cost decreased by 49% to $0.018 in Q2. Polygon is up 9.56% in the last 24 hours. as per CMC. PoS blockchain Polygon released its Q2 statistics in the most recent update. Through this current crypto market bear market, Polygon underlined its growth figures, stressing that
July 29, 2022 1 min read
Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response
July 27, 2022 2 mins read