A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Around 400 million Twitter user accounts were for sale on the black market, according to a report from a cybercrime intelligence company Hudson Rock. The report revealed a private database that is holding emails and associated phone numbers of the 400 Twitter users that were stolen by anonymous hackers and
December 26, 2022 2 mins read
The cryptocurrency market started this week with a positive trend. The Shiba Inu’s Bone ShibaSwap ($BONE) trend indicates signs of a significant price spike due to the roadmap’s list of events anticipated for later this year. Shiba Inu ($SHIB) began as a basic meme token, but now SHIB’s developers have
December 26, 2022 2 mins read
The largest NFT marketplace OpenSea users underwent risk due to a new hack involving a feature on the OpenSea through phishing websites. As nonfungible tokens (NFTs) increased in popularity, scammers who frequently attempt to take advantage of users within the NFT market have increased in activity. OpenSea has a feature
December 24, 2022 2 mins read
The former CEO of Alameda Research, Caroline Ellison, admitted that she and Sam Bankman-Fried, a co-founder of FTX, deliberately misled lenders about the funds which the bankrupt trading company was borrowing from the cryptocurrency exchange. Additionally, Caroline Ellison admitted in the court record of her hearing on 19th December how
December 24, 2022 2 mins read
The European Union criminal justice agency Eurojust engaged with Albanian and Italian law enforcement authorities to prevent online cryptocurrency investment scams. Also, the government reported that investment fraud was carried out by criminal organizations based in these countries. Law enforcement officials have shuttered a website scam advertising phony cryptocurrency investment
December 23, 2022 1 min read
BNB Chain has made significant advancements by onboarding subsequent billion users into the Web3 arena. The BNB Chain developer announced on December 22 that the total number of unique addresses on the BNB Chain has overtaken Ethereum. The Binance network’s extensive possibilities drew multiple interesting DeFi, GameFi, and SocialFi projects,
December 23, 2022 2 mins read
Despite the current crypto market conditions, Decentralized finance (DeFi) still proved its higher scaling potential than the traditional financial industry. Some segments of the DeFi industry continue to “display a positive trend,” while the overall value locked fell from its peak of $180 billion in December 2021 to around $50
December 22, 2022 2 mins read
The U.S. Securities and Exchange Commission (SEC) stated that FTX’s native token, “FTT was Offered and Sold as an Investment Contract and as a Security.” The claim was made by SEC in a lawsuit filed against the FTX executives Caroline Ellison and Gary Wang on 21st December 2022. According to
December 22, 2022 1 min read
The Open Network ($TON) now gains support from wallet developer SafePal. The integration enables direct communication with TON dApps, to allow users to hold and transfer $TON within SafePal’s hardware and software wallets. In addition, SafePal would provide support for $TON within the extension wallet. Initially, The Open Network was
December 21, 2022 2 mins read
Decentralized (DEX) crypto exchange Uniswap has collaborated with financial firm Moonpay to create a bridge between DeFi and traditional currencies. According to the cryptocurrency exchange, the partnership enables Uniswap users to buy digital assets using a bank account or supported credit or debit card. Fiat currency Entered into Uniswap Uniswap
December 21, 2022 1 min read