GeneralBeginnerThe Brooklyn District Attorney’s Office has taken significant action against a network of 40 fraudulent NFT marketplace websites that scammed an 85-year-old artist out of $135,000. The victim was lured into a sophisticated scheme where he was convinced to mint his artwork on a fake platform…
#fraud#new-york#nfts
CardanoBeginnerThe Cardano Foundation’s official X account was recently compromised by hackers, who proceeded to post fraudulent links promoting fake token sales. The malicious posts were quickly removed, but not before causing significant damage. The incident resulted in over $500,000 in trading volume for the…
#altcoin#hackers#security
GeneralBeginnerDeFi lending platform Radiant Capital has officially accused North Korean hackers of orchestrating the $50 million heist that occurred in October 2023. The platform alleges that the attackers posed as a former contractor to gain access to sensitive information and execute the attack. The attack,…
#defi#hackers#north-korea
GeneralBeginnerAnchorage Digital, a leading digital asset platform, has announced its support for Liquid Collective’s Liquid Staked ETH (LsETH). This move allows institutional clients, such as venture capital firms, wealth managers, and blockchain protocols, to participate in Ethereum staking through Anchorage…
#altcoin#banks#crypto
BitcoinBeginnerAustralia’s financial intelligence agency, AUSTRAC, has announced the formation of a new task force to crack down on cryptocurrency ATM providers that may be facilitating money laundering and other illicit activities. This move highlights the growing concerns of regulators worldwide regarding the…
#altcoin#atm#australia
BitcoinBeginnerFT Alphaville, a daily commentary service by the “Financial Times,” faced backlash on X (formerly Twitter) after publishing a sardonic apology to Bitcoin enthusiasts on Dec. 5, coinciding with Bitcoin’s surge to $100,000. The op-ed, authored by Bryce Elder, city editor of Alphaville, mockingly…
#bitcoin-price#crypto
GeneralBeginnerThe cryptocurrency and technology sectors are gaining more clarity regarding regulatory changes as President-elect Donald Trump has announced his intention to nominate Paul Atkins to lead the Securities and Exchange Commission (SEC). This move is expected to shift the regulatory stance towards a…
#crypto#donald-trump#sec
SolanaBeginnerAustin Federa, a prominent figure in the Solana ecosystem and former Head of Strategy at the Solana Foundation, has announced his departure to embark on a new venture. He is set to launch a new protocol, codenamed “DoubleZero,” aimed at addressing scalability and performance challenges within…
#crypto
BitcoinBeginnerIn a historic moment for the cryptocurrency industry, Bitcoin (BTC) has surged past the $101,000 mark for the first time ever. This significant milestone marks a new era for the world’s largest cryptocurrency, solidifying its position as a valuable digital asset. The surge in Bitcoin’s price can…
#bitcoin-price#crypto#united-states
BNB ChainBeginnerPancakeSwap, a leading decentralized exchange (DEX) on the BNB Chain, has launched a new no-code token creation platform called PancakeSwap SpringBoard. This innovative platform empowers users to create and launch their own tokens on the BNB Chain without requiring any coding knowledge.…
#decentralization#defi#dex
EthereumBeginnerEthereum co-founder Vitalik Buterin has called on Web3 wallet developers to prioritize improving security and privacy in decentralized wallets. In a blog post published on December 3, 2024, Buterin emphasized that wallets should be designed to enhance decentralization and privacy, arguing that…
#crypto#defi#layer-2
GeneralBeginnerYuga Labs, the renowned creator of the Bored Ape Yacht Club (BAYC) and ApeCoin has made a strategic move to further bolster its Web3 capabilities. The company has successfully acquired the technology team from Tokenproof, a pioneering Web3 tokenization service. This acquisition is a significant…
#nfts#tokenization#web3