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Search Results for: Crypto wallet

Polygon Wallet Sees Major Activity Ahead of Token Upgrade

According to the Spotonchain data, a Polygon foundation-linked wallet deposited 15.49M MATIC worth $8.1 million to Binance in the past 5 days. And the wallet still holds 13M MATIC worth $6.78 million under staking. At the same time, 824M $TEL was transferred out of the Telecoin Association wallet to Polygon

August 26, 2024 1 min read

Crypto Whale Lost $55M Worth DAI To A Phishing Attack

A crypto whale has fallen victim to a phishing attack, losing a substantial 55.47 million DAI tokens ($55M) after negligently signing a fraudulent transaction. According to the on-chain data, the funds were stored in the vault of Maker, a decentralized finance (DeFi) protocol built on Ethereum.  However, the ownership of

August 21, 2024 1 min read

Celsius Network Plans to Repay Creditors via PayPal’s Hyperwallet

Insolvent Crypto lender Celsius Network has filed a notice to the court about its intentions to distribute funds to creditors. In a filing submitted to the US Bankruptcy Court for the Southern District of New York, the attorneys for the business outline their strategy to repay creditors via the use

August 20, 2024 1 min read

Italian Bank Banca Sella Launches Bitcoin Trading as Crypto Interest Surges

Italian bank, Banca Sella, is gearing ready to provide Bitcoin trading services to its clientele, according to a recent update. Especially in light of the increasing institutional adoption of cryptocurrency, this action has sparked market debates. A number of prominent US banks and state pension funds have recently come clean

August 19, 2024 2 mins read

ZachXBT Uncovers Major North Korean Network Targeting Crypto Firms

Crypto platforms’ vulnerability to scams has been the emphasis over the past few months, with the sector reporting several major incidents since H1 2024. The global crypto sector has taken measures to enhance security in the recent past amid rising scams. Notably, in the last 24 hours, on-chain analyst ZachXBT

August 16, 2024 2 mins read

Pepe’s FrogBar: A Quirky Crypto Experiment

The 2024 crypto bull run birthed a project so bizarre, it deserves a place in the digital oddity hall of fame. Enter Pepe’s FrogBar , a website that wouldn’t look out of place in a fever dream. Here, the enigmatic Pepe (presumably the owner) runs a virtual bar with an

August 15, 2024 2 mins read

HyperCycle Launches ‘RingOfRings’ to Revolutionize Crypto Security with Wearable Tech

HyperCycle, an artificial intelligence firm, has announced RingOfRings, a partnership aimed at improving digital asset management. The initiative’s goal is to increase nascent crypto projects’ credibility and trust by showcasing their dedication to putting strong security standards in place. RingOfRings, which were unveiled on August 14 at the Blockchain Futurist

August 14, 2024 3 mins read