Day: January 17, 2025

Ethereum’s Pectra Upgrade Set for March

Ethereum developers are preparing for the launch of Pectra, a significant network upgrade scheduled for March 2025. This milestone aims to enhance Ethereum’s scalability, efficiency, and user experience through multiple Ethereum Improvement Proposals (EIPs). Preparations Underway The upgrade process involves rigorous testing and updates on the Sepolia and Holesky test networks, slated for February. According […]

Pump.fun Faces Class Action Over PNUT Token

One of the most prominent crypto projects of 2024, Pump.fun, is now under legal scrutiny. A class action lawsuit, filed in the Southern District of New York, alleges that the platform violated securities laws with the sale of its popular meme coin Peanut the Squirrel (PNUT). While the plaintiff, Kendall Carnahan, claims to have lost […]

Charity NFT Collection Launches to Support Wildfire Relief

A new charity NFT project, launched Friday, invites art enthusiasts to support families impacted by the devastating Los Angeles wildfires. The “I Heart LA” collection combines digital art with philanthropy, with all proceeds going to Baby2Baby, a nonprofit organization that provides emergency supplies to displaced families. The collection is curated by Web3 fashion startup mmERCH […]

WazirX Freezes $3M in USDT After $230M Hack

After four months of extensive recovery efforts, WazirX, India’s largest crypto exchange, has managed to freeze $3 million in USDT tied to its $230 million security breach from July 2024. This marks a significant step in the exchange’s attempts to trace and retrieve stolen assets amid ongoing legal and restructuring efforts. The Complex Path to […]