Thu, January 23

Mango DAO Agrees to $700K SEC Settlement for Unregistered Token Sales

The U.S. Securities and Exchange Commission (SEC) declared a settlement with Solana-based DeFi platform Mango DAO and Blockworks Foundation for selling unregistered crypto assets known as “MNGO” tokens.  This settlement also involved Mango Labs, which was accused of engaging in unregistered broker activities related to the sale of various cryptocurrencies

September 28, 2024 2 mins read

$2M Bedrock Exploit Adds to DeFi Growing List of Cyberattacks 

The crypto sector continues to face an alarming wave of cyberattacks, with a recent breach involving the Bedrock protocol adding to the growing list of DeFi exploits. Ten hours ago, Cyvers Alert, a digital asset monitoring platform, flagged a suspicious transaction linked to Bedrock, a DeFi multi-asset liquid restaking protocol.

September 27, 2024 2 mins read

Bankroll Status Faces $230K Loss from DualPools Hacker Assault

Cybersecurity firm Cyvers has identified a significant breach at Bankroll Status, a decentralized finance (DeFi) platform on the BNB Chain, resulting in losses of approximately $230,000. Cybersecurity experts attribute the attack to the notorious DualPools hacker group. Cyvers flagged the suspicious transaction as part of a broader malicious operation. Their

September 23, 2024 2 mins read

Bitget Exchange Surpasses 45 Million Users Globally

Bitget exchange has reached a new milestone, surpassing 45 million users worldwide, CEO Gracy Chen announced at its sixth-anniversary celebration in Singapore. This achievement highlights the platform’s rapid growth. The platform experienced major user growth in regions like Africa (1,614%), South Asia (729%), and Southeast Asia (216%) in 2024. According

September 18, 2024 2 mins read

dYdX Enters Prediction Markets with New Upgrade

The dYdX, a decentralized cryptocurrency exchange (DEX) focused on perpetual futures, is set to enter the prediction markets sector. This move will allow users to place leveraged bets on events such as political outcomes, sports results, or asset prices, using the platform’s perpetual futures contracts.  This initiative is part of

September 17, 2024 2 mins read

DeFi Protocol DeltaPrime Hacker Moves 50% of Stolen Funds to Tornado Cash

Cryptocurrency’s active community has combated several scams since the very beginning. However, in the recent 9-month duration of 2024, a surge in crypto scams has been observed. The surge has occurred both in terms of the amount of funds lost and in the magnitude of the hacks. Recently, DeltaPrime DeFi

September 17, 2024 2 mins read

Trump Backed WLFI Token Launched by World Liberty Financial

World Liberty Financial (WLFI), a crypto project backed by the Trump family, confirmed its plans to launch a governance token during a live stream. The token will be offered under an SEC Regulation D exemption, Rule 506(c) allowing only accredited investors to participate. Unlike typical crypto tokens, the WLFI token

September 17, 2024 2 mins read

Donald Trump Set to Launch World Liberty Financial

Donald Trump revealed the launch date for his family’s crypto project, World Liberty Financial. The launch is set for Monday, just 50 days before the upcoming U.S. election, stirring speculation in both political and financial circles. The project, which his son will spearhead, aims to embrace the future of decentralized

September 13, 2024 1 min read
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