DeFi remains the main target for hackers in the crypto industry, with more than $20 million stolen since the beginning of 2023. Platforms such as dForce network, Platypus Finance, Orion, and Dexible have been impacted by the hacks. Flash loan attacks are the most dominant among all DeFi attacks, leading to a major pain point […]
Dapper Labs Faces Lawsuit for Unregistered NBA Top Shots NFTs
Court Dispute Over Dapper Labs’ NBA Top Shots NFTs – A class action lawsuit was filed against Dapper Labs in May 2021, alleging that their NBA Top Shots NFTs were unregistered securities. Supreme Court Decision – Judge Victor Marreo denied Dapper Labs’ motion to dismiss the case despite many people thinking the NBA Top Shots […]
Crypto Hackers’ $1.4M Funds Seized By Binance, Huobi in June 2022 Harmony Exploit
• Binance and Huobi seize $1.4 million of crypto funds related to the June 2022 Harmony Bridge exploit. • The attack was conducted by North Korean hackers, which is linked to the Lazarus crime group. • Blockchain analytics firm Elliptic notified Binance and Huobi of illegal deposits on their platforms, leading to the fund recovery. […]
Jump on the Crypto Deal! Brave’s New Update to Boost Adoption
• Brave and Solana have partnered up to enable dApp support on the Brave browser. • The partnership aims to push for adoption of cryptocurrencies like Solana, enabling users to send, receive, store, and purchase SOL tokens on the browser. • Thanks to its recent surge in popularity, whales have been actively trading millions worth […]
150% Welcome Bonus & 100 Free Spins: Get in on the Shiba Inu Crypto Boom Now!
Shiba Inu Token Gaining Momentum: The Shiba Inu token has been gaining momentum in the market with a gain of 8.3% over the weekly time frame. Voyager Moves 270 Billion SHIB: Voyager recently moved 270 billion SHIB tokens to multiple exchanges, namely Binance US, Kraken, and CoinBase. FTX Files Lawsuit Against Voyager: FTX filed a […]
FED Loses Control: Crypto Markets At Risk of Major Setback
• The Federal Reserve (FED) may be losing control of the markets, which could lead to even more hawkish measures impacting both traditional and cryptocurrency markets. • According to Michael J. Kramer, founder of Mott Capital, the FED needs to “push back against the market before it’s too late.” • The FED has two options: […]
Ethereum On-Chain Activity Reaches New Highs Amid Crypto Market Revival
• Ethereum on-chain activity has recently recorded a new high in the crypto market revival. • Various metrics such as daily transfers, network usage and verified smart contracts have all seen significant growth over the past months. • The digital asset is expected to become deflationary due to its transition into the proof of stake […]
Axie Infinity: Homeland Brings New Features, Excitement to Players
• Axie Infinity’s token has been experiencing growth in almost all time frames due to the bear market in 2022. • Recently, the game has been having trouble retaining players due to a lack of new features. • On December 28th, the devs released Axie Infinity: Homeland, the game’s flagship land-based experience. Axie Infinity, a […]
Profit-Taking Hits 2021 Highs: What Does it Mean for the Crypto Market?
• Bitcoin (BTC) and Ethereum (ETH) are currently seeing green movements in the market and posting gains. • There is evidence of massive profit-taking happening across the two largest cryptocurrencies in the market. • This could have severe implications for the current mini-bull run being experienced. The crypto market is currently in a state of […]
Mastercard & Polygon Launch Web3 Accelerator Program to Support Emerging Music Talent
• Polygon has announced a collaboration with Mastercard to launch the Web3 Accelerator Program, aimed at bringing budding musical artists into the spotlight. • The program is set to begin in 2023 and will equip participants with the necessary skills, tools and connections to establish their music careers in the digital economy. • The program […]