Binance has announced it will stop supporting Bitcoin Ordinals. This means that the platform will no longer support Bitcoin NFTs for trades, deposits and airdrops. The move was made despite the massive amount of transaction fees and engagement generated by the 64 million inscriptions that have been registered since the Ordinals Protocol’s launch. Even though […] More
The institutional interest in cryptocurrency and the blockchain industry is booming. Nick van Eck has launched Agora Digital Dollar (AUSD), which is a stablecoin with a strong backing from cash, U.S. Treasury Bills, and overnight repos. Paradigm is planning to raise $750 to $850 millions in what may be the largest crypto fundraise to date. […] More
CertiK, a cybersecurity company, reported yesterday a potential exploit affecting users of BONKbot’s Solana trading bot. CertiK estimates that the thefts totaled at least $208,000. The team at CertiK speculated that a leak of private keys could be the cause for financial harm to cryptocurrency investors. You can also read: Video Game Wallet Drainers target […] More
Commodity Futures Trading Commission and Securities and Exchange Commission are both important regulatory agencies in the United States, with their own distinct jurisdictions and mandates. Established in 1974, the CFTC oversees US derivative markets including swaps and futures. Its goal is to protect participants and foster integrity on the market. The CFTC’s establishment marks the […] More
The cybersecurity industry is dominated by white hat hackers. Also known as ethical hacker, they play an important role. White hat hackers use their expertise to identify vulnerabilities in computer systems, network or application before malicious hackers can exploit them. White hat hacker work in a legal manner, and often have explicit permission of the […] More
The cryptocurrency burning process is used to permanently remove a number of tokens from the supply. The tokens are sent to a non-spendable address, also known as the burn address. This process reduces the amount of tokens that are in circulation. The value of remaining tokens can vary depending on how the market perceives the […] More
Individuals who possess non-public and material information on a business can engage in insider trading. It is a crime to trade on non-public information, which gives those with it an unfair edge in the marketplace. It is difficult to distinguish between insider trading that’s legal from illegal, because the legality of the activity depends on […] More
Funko is a well-known toy maker that has experienced both dramatic highs and lows with its digital collection. Funko’s Star Trek: The Next Generation digital collectibles had a disappointing performance after its long-awaited second wave sold out. On March 12, the unfortunate event that led to almost 49% burning of NFTs occurred. The company has […] More
Funko has launched its Star Trek digital collectibles after a successful launch of the Transformers NFTs. Star Trek Funko NFTs failed to achieve the same success as the Transformers Funko Pop NFTs which were sold out. The Star Trek collection was a complete failure, as almost half of all collectibles were destroyed. This is reminiscent […] More
In the last few days, there have been a number of DAO-related developments. Wyoming’s recently passed legislation created a framework for decentralized autonomous organisations (DAOs). It introduced decentralized non-incorporated nonprofit associations, which allowed them to perform legal obligations, engage in banking and enter into contracts. The Arbitrum DAO retracted a proposal that would have funded […] More
Scam Sniffer, a blockchain security tool that alerts the crypto community to phishing schemes spread by accounts with gold labels, warned about the upcoming Wormhole airdrop. SlowMist wrote on X that “every airdrop is a scammer carnival” yesterday. “You wouldn’t think the accounts with gold labels are fake Wormholes.” Sadly, the Wormhole gold-labeled accounts are […] More
United States Securities and Exchange Commission has again deferred its decision regarding the approval of Ethereum exchange-traded funds (ETFs), specifically those that were proposed by BlackRock and Fidelity. The SEC has approved several Bitcoin ETFs in the past, indicating a more cautious regulatory approach towards crypto-based investments. Despite this delay, market reaction has been optimistic, […] More
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