CoinsPaid, a processor of digital assets and cryptocurrency payment ecosystem, is now dealing with another possible crypto fraud, which might lead to a loss of more than $6 million. Users of the CoinsPaid platform have reportedly suffered massive losses due to fraudulent transactions as per information gathered by on-chain researcher
The DeFi token Lido DAO (LDO) gained attention because of its spectacular price increase. On January 6, the cryptocurrency reached a new 52-week high of $3.60 and gained more than 15% as per data from CoinMarketCap. Spot On Chain reported on twitter that in the wee hours of Saturday, a
Daily Solana transaction volume exceeds $40 billion, according to recent statistics. Since October of 2022, it is the highest level. Meanwhile, tokens created utilizing the SPL standard are seeing economic throughput increases not seen since late 2022. From early December, when the seven-day moving average of transaction volumes was at
Only days after the cryptocurrency world commemorated the 15th anniversary of Satoshi Nakamoto mining the Bitcoin genesis block, the anonymous creator of the cryptocurrency, who goes by the nickname “Satoshi,” seems to be back. The wallet address which belongs to Satoshi Nakamoto, has recently received a 27 Bitcoin transfer. On
The asset manager VanEck plans to compensate the Bitcoin core developers once its spot Bitcoin exchange-traded fund application is approved by the U.S. SEC. Ahead of any potential approval of their spot Bitcoin ETF application, VanEck announced on January 5th via Twitter that it would be contributing 5% of its
The short-term loans that Digital Currency Group (DCG) had with the now-defunct Genesis crypto lending platform have all been paid off, according to the venture capital company. On January 6th, DCG verified in a statement posted on X (formerly Twitter) that it had paid all of its debts, including almost
Coinbase is planning to expand its derivatives operations throughout the European Union by acquiring a MiFID-licensed corporation in Cyprus, as stated by the company. The goal of this undertaking is to substantially increase Coinbase’s market presence in 2024, subject to regulatory permission. In line with Coinbase’s long-term goal of diversifying
The potential to transform a modest $10 investment into a substantial $100 is undeniably enticing, particularly within the volatile and frequently unpredictable realm of cryptocurrency. While realising such a feat demands a combination of fortuitousness and deliberate risk-taking, January 2024 brings forth a host of captivating prospects. This article delves
CertiK, a firm that audits blockchain security, had a major breach on January 5, 2024. The hacking of the business’s social media account happened in the wee hours of Friday. The hacker used this vulnerability to start a phishing campaign, sending fake messages to CertiK’s followers. A phishing link was
According to asset manager VanEck, which is now in the process of applying for a spot Bitcoin exchange-traded fund with the U.S SEC, they want to give back to the Bitcoin core developers when the fund is approved. In anticipation of the possible acceptance of its spot Bitcoin ETF application,
