The Solana blockchain-based decentralized finance platform Mango has been exploited for over $100 million. Blockchain auditors OtterSec first posted about the hack on Twitter, claiming that “the attacker was able to alter their Mango collateral.” Attackers Inflated Mango’s Token According to…
Elon Musk Promotes New Fragrance With Dogecoin Among Accepted Payment Options
Elon Musk advertised the “Burnt Hair” cologne from The Boring Company in a tweet today, highlighting that customers can pay with Dogecoin. “Best Scent On Earth” Will Cost You $100 According to Musk, it is “the best scent on Earth!”…
(Whale Activity)More than 70 million XRP moved while number of Ethereum Whales Decreases, BSC, BTC and many more
XRP Whales Increase, ETH Whales Decreases Increased BTC whale activity There has been increased BTC whale activity during September to the present day, despite the current bear market. The intermittent BTC bullish momentum is most likely a result of whales…
27 year old Californian Indicted in Crypto Money Laundering Conspiracy
Last week, U.S. Attorney Brit Featherston announced that a man from San Francisco, California, has been charged with criminal violations in the Eastern District of Texas. A federal grand jury has accused 27-year-old John Khuu of racketeering conspiracy. Khuu was…
PayPal Forced to Backtrack on Stance That Would Have Boosted Crypto Adoption
PayPal has been on the news lately for the wrong reasons. The payments giant had made it public that it would adopt a policy against misinformation. If the policy had seen the light of day, it would have seen users…
New and Disruptive International Crypto Rules Proposed by Influential Finance Watchdog
The ongoing crypto winter has caught the eye of financial watchdogs and some disruption is brewing. After the recent turmoil in the cryptocurrency market, the Financial Stability Board, a watchdog organization and standard-setter for the global financial system supported by…
FTX and Visa Set to Roll Out Crypto Debit Card in 40 countries
Visa, a global digital technology payment giant, is partnering with FTX, a top cryptocurrency trading platform, to roll out debit cards in 40 countries worldwide. The partnership will allow users to spend their FTX crypto balances 24/7 with millions of…
How did Hackers steal More than $500 Million(approx. 2 Million BNB Tokens )? Explained
The BNB Chain had to stop all transactions due to an exploit. According to the BNB chain team: “There was an exploit affecting the native cross-chain bridge between BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), known…
Celsius top executives withdrew at least $30 million of crypto in 2022 before suspending customer withdrawals as per court documents
According to a financial disclosure form filed in the New York Bankruptcy Court last Wednesday, Celsius’ ex-CEO Alex Mashinky and ex-CSO Daniel Leon allegedly withdrew at least $17 Million in cryptocurrency right before the company halted all customer withdrawals. …
Helium’s Move to Solana should have been more Democratized, Algorand’s bid didn’t stand a chance
On August 30th, 2022, Helium announced plans to move its network to Solana. The move was meant to increase operational efficiency and take advantage of Solana’s excellent development tools, applications, and features. Ostensibly, Solana could facilitate better data flow, management,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
