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Stake experiences a security compromise worth $41 million
5.9.2023
Stake has reportedly experienced a major hack for its hot wallets. This has caused the platform a loss of approximately $41 million. The malicious actor is said to have executed multiple transactions, thereby creating suspicion around the outflow of cryptocurrencies. This development was first...
Shiba Inu Price Prediction as Daily Trading Volume Surges Past $100 Million – Are Meme Coins Back?
5.9.2023
The price of Shiba Inu (SHIB) has declined by 1.5% in the past 24 hours, with its drop to $0.00000758 coming on what is also a disappointing day for the market as a whole.
SHIB is now down by 6% in a week and by 21% in the last 30 days, with the meme token also down by 6% since the beginning...
Cronos Labs begins recruitment phase for $100M accelerator program
5.9.2023
Cronos tapped Google Cloud, Amazon Web Services, CertiK, PeckShield and various other firms to participate as mentors in the accelerator program
POW Coin Shoots Up 3,000% and Viral Meme Coin Wall Street Memes Secures $25 Million in Funding – Next PEPE or Shiba Inu?
5.9.2023
In the latest DEX skyrocket, POW token - otherwise known as Pepe of Wall Street - has exploded more than +3,000% in a magnificent pump.
This comes amid a wider resurgence in on-chain trading activity, dubbed the 'On-Chain Summer', previous weeks have seen major narratives such as Telegram trading...
Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala
5.9.2023
According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that “none of the current generation Web3 protocols are...
Crypto Betting Platform Stake.com Comfirms Hacking Incident, Over $40 Million Worth of Assets Stolen
4.9.2023
Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had carried out unauthorised transactions from its ethereum and Binance Smartchain hot wallets. However, the crypto-betting platform insisted that user funds were safe and that its other hot wallets remain operational....
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...
Shibarium Surpasses 1 Million Wallets in Meteoric Rise, But SHIB and Associated Tokens Face Turbulent Waters
4.9.2023
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of over 4% in the past week and a substantial drop...
Crypto gambling site Stake sees $16M withdrawals in possible hack
4.9.2023
Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether
Legal Battle at Gala Games: CEO Accuses Co-Founder of $130 Million Theft
4.9.2023
Gala Games CEO Eric Schiermeyer has filed a lawsuit against the company's co-founder, Wright Thurston, alleging the theft of 8.6 billion GALA tokens worth $130 million in early 2021.
In addition to alleging theft, the lawsuit claims that Thurston has a history of founding companies that end...
New viral meme token Sonik coin hits $1.25 million milestone, presale set to end in 24 hrs
4.9.2023
Exciting new token Sonik Coin has emerged as one of the hottest commodities in the meme coin market, having already raised over $1.25 Million in its ICO in just three weeks. $SONIK is generating tremendous FOMO amongst meme coin enthusiasts as its presale phase is set to end in just 24 hours...
Is It Too Late to Buy Bitcoin SV? BSV Price Spikes Up 4% and AI Project Launchpad Raises $1.5 Million – Just 24-Hours Left
4.9.2023
Bitcoin SV (BSV) is battling key resistance from the 20DMA, as bulls attempt to secure foothold amid retracement move.
This comes following an explosive move for BSV, which shot-up +38% last week as DEX markets chased Bitcoin's short-lived recovery to $27,720 - in a move that saw off-shoots like...
XRP Price Prediction as $700 Million Trading Volume Comes In – Can XRP Reach $1?
4.9.2023
The XRP price has remained more or less stable today, with its 0.2% gain in the past 24 hours coming as the wider cryptocurrency market moves by a similarly modest percentage.
At $0.502512, XRP is down by 2% in a week and by 20% in the last 30 days, although the altcoin is still up by 47% since...
Is Gala Going to Zero? GALA Price Falls 12% as Latest Meme Coin Sonik Surges Past $1.2 Million
4.9.2023
A tumultuous legal battle is unfolding in GameFi as Gala Games co-founders Wright Thurston and Eric Schiermeyer lock horns over allegations of theft amounting to $130 million in Gala tokens and corporate mismanagement.
In a dramatic turn of events, both co-founders have filed lawsuits against...
Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records
4.9.2023
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly...
Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up
4.9.2023
Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network
Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up
4.9.2023
Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network
FTX-Linked Wallet Moves $10 Million in Altcoins Ahead of Bankruptcy Hearing
4.9.2023
Bankrupt crypto exchange FTX’s Solana wallet has moved $10 million in altocoins to Ethereum network through the Wormhole bridge in the last 4 days, sparking fears of more token dumps in the market.
In a filing submitted the previous month, FTX debtors proposed a structured approach to crypto...
Robinhood to Buy Back SBF’s Stake for Over $605 Million
3.9.2023
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....
Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
2.9.2023
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside...