Hong Kong police are probing alleged fraud at cryptocurrency platform JPEX after investors claimed losses of HK$1.3bn ($166m; £134m). This case, which has led to the arrests of eleven individuals, including popular influencers, could be one of Hong Kong’s most…
Can Crypto Save Us From High Inflation?
Imagine saving up for something nice. Maybe a new appliance or a simple vacation you have been dreaming of. After saving for a year, you find out that the fridge is more expensive or that plane fares are higher. Your…
This South Korean City Is On Its Way To Become a Blockchain Mega city After a $75 Million Investment
There’s a coastal city in South Korea named Busan. So, this South Korean City wants to make revolutionary moves in the country by launching its own public blockchain. South Korean City, Busan, Makes $75 Million Investment Financial Bodies Interested In…
Mixin Network a Web3 Platform Suffers $200 Million Crypto Hack
In the fast-evolving world of decentralized finance (DeFi), security is of paramount importance. Recent events have highlighted the vulnerability of web3 platforms to malicious attacks, causing substantial financial losses. One such incident involves the Hong Kong-based DeFi project Mixin Network,…
Cardano (ADA) Welcomes First Crypto Options Exchange: What to Know
The Cardano (ADA) ecosystem is experiencing a growing wave of Decentralized Finance (DeFi) protocols. Among these, the OptionFlow testnet has taken a prominent position, enabling Cardano (ADA) users to engage in “put” and “call” options trading within a fully on-chain…
Is Your Money at Upbit Exchange? Read This As they Escape $3.4 Billion Scam
Upbit Exchange is one of the most prominent crypto exchanges in the industry and always does its best to keep attacks at bay. However, there was a recent attack affecting their users. Upbit Exchange Experience $3.4 Billion Scam Image from…
A crypto Firm Sent a Disability Worker $10m by Mistake. Months later, She was Arrested at an Australian Airport
In March 2022, Manivel, a disability support worker, found herself at Melbourne airport with a one-way ticket to Malaysia and nearly $11,000 in cash. Her journey took a surprising turn, stemming from an accidental transfer of over $10 million into…
Good News For Celsius Creditors as They Make Approval for $2 Billion Payout
Celsius is a crypto lending company that was very prominent while still in operation. However, the lending platform filed for bankruptcy last year as part of the effects of the FTX collapse. Now, Celsius Creditors has made approval for a…
MicroStrategy Makes $147 Million Bitcoin Purchase
In a significant move that highlights its confidence in the future of cryptocurrency, MicroStrategy, the world’s largest corporate holder of Bitcoin, has recently made another substantial investment. The company announced its latest acquisition of the market’s largest cryptocurrency, purchasing approximately…
Gala Games founders biff over $130M theft, corporate waste allegations
Gala Games, the blockchain gaming platform co-founded by Eric Schiermeyer and Wright Thurston, has found itself involved deeply in a legal battle that’s making headlines. These two co-founders who were once united in their mission, are now pointing fingers at…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
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…
