On March 28, the DeFi project SafeMoon announced on Twitter that a hacker had gained access to the project’s liquidity pool (LP). SafeMoon has stated it is taking action to rectify the situation as quickly as possible but has not provided any other specifics regarding the assault. Several famous people
OKX, a cryptocurrency exchange established in Seychelles, has stated that it would be seeking virtual asset licenses under the new regulatory system, as well as Type 1 and 7 licenses under the Securities and Futures Commission (SFC), in order to establish a presence in Hong Kong. In addition, it intends
An investigation into a €100 billion scam reportedly led French police to raid five large banks, according to a report from Deutsche Welle (DW) on Tuesday. The investigation was also linked to a possible money laundering case that involved the governments of Germany and France. The searches have been conducted
Bitcoin’s current consolidation phase has conquered the prime attention of the crypto community. The dominant cryptocurrency laid out a neutral price channel between $26.5K to $28.5K since last week. Remarkably, analytical findings pointed out the increasing investors’ profit-taking and confidence in Bitcoin. In the above chart, the relative strength index
The social dominance of XRP, the cryptocurrency linked to Ripple Labs, has significantly increased recently. Following that, the XRP token has surged over 12% in the last 24 hours to hit a ten-month high of $0.55. This is the first time since May 08, 2022, XRP has achieved this feat.
The Shapella hard fork set to activate on the Ethereum mainnet on April 12. Ethereum core developers confirmed that Shapella takes effect at epoch 194048, and scheduled for 10.27 p.m. UTC on April 12. Ethereum validators will be able to withdraw the Ether from the Beacon chain with the support
Galaxy Digital, a Canadian investment business run by blockchain advocate Mike Novogratz, reported a preliminary pre-tax profit of $150 million from January 1, 2023, through March 24, 2023. This figure was announced on March 28. After a $1 billion net loss in 2022. Mostly attributable to an unrealized $659 million
NFT Inspect, a popular research tool to evaluate an NFT’s worth and the health of its community, is back on track. Today, JVH Technology Inc. announced its acquisition of the company that serves as the ultimate hub for NFT communities and enthusiasts. Further, this acquisition of NFT Inspect, a renowned
In negotiations with US authorities, former CEO Sam Bankman-Fried achieved an agreement on revised bail terms. The attorneys requested that the court approve the signing of the proposed papers which include a phone and laptop with restricted internet access. The bail restrictions offered by the prosecution and amendments such as
AllianceBlock, a supplier of end-to-end decentralized financial solutions, today announced a collaboration with Crunchbase, a prospecting tool that uses industry-leading proprietary data. Crunchbase will enter the decentralized world with this agreement by making its vast collection of priceless data accessible to users of AllianceBlock’s Data Tunnel. Data Tunnel is intended
