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BitcoinBeginnerToronto-based DeFi Technologies has made a significant move in the DeFi space by launching a validator node on the Core Chain and staking a substantial amount of Bitcoin (BTC) on it. This initiative strengthens their presence in the blockchain industry and showcases their commitment to the Core…
#defi
Ripple Labs, the blockchain technology company focused on revolutionizing global payments, finalized its acquisition of Standard Custody & Trust Company on June 11th, 2024. This strategic acquisition, announced earlier this year, strengthens Ripple’s infrastructure for broader goals like…
#defi#stablecoins#tokens
GeneralBeginnerChrome plugin that allegedly enabled hackers to steal millions of dollars worth of cryptocurrency from Binance, a major crypto exchange. This incident highlights the ever-present threat of cyberattacks in the digital currency landscape. The plugin, masquerading as a legitimate tool, reportedly…
#binance#chrome#defi
SolanaBeginnerA shrewd crypto trader has turned a small investment into a life-changing sum in a remarkably short time. The trader, identified only by their wallet address “sundayfunday.sol,” managed to parlay $2,275 worth of Solana (SOL) tokens into a staggering $2.26 million profit within just eight hours.…
#defi#memecoin
SolanaBeginnerThe former employee linked to the alleged exploitation of pump.fun for $1.9 million asserts that they were arrested and charged in the UK and are currently out on bail. The individual, identified as “STACCoverflow” and confirmed as Jarett Dunn confessed to the attack on May 16. Dunn purportedly…
#defi#memecoin#uk
BitcoinBeginnerCryptocurrency exchange Binance has taken a step to combat address poisoning scams with the development of a new algorithm. This move comes after a significant exploit that resulted in roughly $68 million in stolen funds. Address poisoning, also known as spoofing, is a deceptive tactic employed by…
#crypto#defi#scam
GeneralBeginnerFinancial services giant Mastercard announced the expansion of its Start Path program to embrace a new generation of blockchain payment startups. This initiative, unveiled on May 15, 2024, aims to explore the potential of blockchain technology in transforming how people and businesses manage…
#crypto#defi#web3
BitcoinBeginnerCryptocurrency staking platform pSTAKE Finance, backed by industry giant Binance Labs, has unveiled a new solution designed to unlock the earning potential of Bitcoin (BTC) for its holders. This novel offering takes the form of a **liquid staking solution** for Bitcoin, aiming to streamline the…
#binance#decentralization#defi
BitcoinBeginnerTether, the issuer of the popular stablecoin USDT, froze $5.2 million worth of USDT on May 14, 2024. These funds were linked to phishing scams, highlighting Tether’s efforts to maintain the integrity of its platform. Phishing scams are a prevalent threat in the cryptocurrency space, where…
#crypto#defi#scam
GeneralBeginnerBlockchain infrastructure firm Blockdaemon has received approval to expand its operations in the United Arab Emirates (UAE) by establishing a new office and legal entity in Abu Dhabi. This move signifies a significant step for Blockdaemon as it seeks to bolster web3 adoption and drive the…
#defi#dubai#government
GeneralBeginnerCryptocurrency exchange Binance is vehemently denying allegations of market manipulation by DWF Labs, a crypto trading and market-making firm. These accusations come after a Wall Street Journal report claimed that Binance investigators uncovered evidence of DWF Labs engaging in wash trading on…
#binance#crypto#defi
