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Search Results for: crypto scam

Dmitry Vasiliev Former CEO of Wex Exchange Detained in Croatia

The company went insolvent in 2018 and lost $400 million. In the last two years, the crypto entrepreneur was briefly detained in Italy. Jutarnji List reports that former Wex CEO Dmitry Vasiliev was arrested at Franjo Tudjman Airport in Croatian on Wednesday, May 25. According to the newspaper, Interpol issued

June 1, 2022 2 mins read

Proof of Work vs Proof of Stake

Proof of Work  Proof-of-work is the algorithm that uses to secure many cryptocurrencies, including Bitcoin and Ethereum. The concept was first proposed in 1993 as a way to combat spam emails, and it was named “proof-of-work” in 1997. Satoshi Nakamoto utilized it to secure the Bitcoin blockchain the technique was

May 28, 2022 7 mins read

AIBC Toronto Brings Together the Leading Minds of the Deep Tech World

Debuting for the first time in Toronto, AIBC Americas plans to unite the minds spearheading the future of emerging and disruptive industries taking the world by storm and giving them the platform to share their insights to a crowd of innovators and entrepreneurs.Breaking ground in tomorrow’s economy: Meet the speakers

May 26, 2022 9 mins read

US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash

The US CRS  puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic for the year 2022, so far. Amidst such unimaginable fall, regardless of the

May 17, 2022 2 mins read

Hackers Post Fake Announcement Following OpenSea’s Discord Server Hack

OpenSea, a marketplace for non-fungible tokens (NFTs), was breached by hackers who made false announcements about a Youtube collaboration on the channel’s main Discord. Fear of Missing Out  A screenshot released on Friday shows fake news about a partnership with a phishing site. Additionally, Friday morning, OpenSea Support’s official Twitter

May 6, 2022 2 mins read

DexCheck: Giving Investors Access to Reliable Data Across DEXes and The NFT Market

Lugano, Switzerland, 29th April, 2022, Chainwire   The last leg of the bull run in 2021 led to an unprecedented rise in trading volumes on DEXs and increased investments into NFTs. This notwithstanding, many retail investors did not make the most of the opportunity, as it has become increasingly challenging

April 29, 2022 4 mins read

Hackers Stole $3M Worth of BAYC NFT Through Instagram Account Hack

It is necessary to link your crypto wallet to get an airdrop. After discovery, the false links on the hijacked Instagram account were erased. On Monday, bored Ape Yacht Club’s non-fungible-token (NFT) collection Instagram account was hacked. Using a phishing link, a thief stole NFTs from users. According to Gizmodo,

April 27, 2022 1 min read

The UK Government Working With Royal Mint Plans to Issue NFT Collection

A new ‘Royal Mint’ NFT will be issued before the end of the summer. The overall market value of NFTs plunged from $23 billion to just under $10 billion. Investors ‘flipped’ non-fungible tokens, crypto assets that represent a digital property like a photograph or video, or even virtual world land,

April 5, 2022 2 mins read

Vitalik Buterin Vs ETHDubai

Vitalik Buterin is quite unhappy with ETHDubai.  Expresses majority of the views are towards personal profits. Though many CEO’s defend against Vitalik, Charles Hoskinson supports Vitalik’s views. Though the Bitcoin (BTC) may be the big daddy of crypto, the Ethereum (ETH) has its own way of being the largest altcoin

April 4, 2022 2 mins read

Trezor Initiates Investigation as Users Inform Phishing Attacks

Trezor advises users not to click on links from unauthorized sources. Trezor is still investigating the overall number of stolen email addresses. Users’ email addresses and other personal information may have been exposed as Trezor begins an investigation into a likely data breach. Additionally, an email phishing attempt targeting Trezor

April 3, 2022 1 min read