Author: Anshul

Heco Bridge Hackers Launder Millions via Tornado Cash

Hackers responsible for last year’s breach of the Heco Bridge have orchestrated the laundering of over 40,000 ether, valued at approximately $145.7 million. Utilizing the controversial cryptocurrency mixer Tornado Cash, these nefarious actors have managed to obscure the origins and destinations of their ill-gotten gains, effectively complicating the efforts to trace and recover the stolen […]

Avalanche Launches Meme Coin Rush

The Avalanche Foundation has made a bold move into the burgeoning meme coin market with the launch of Meme Coin Rush, a $1 million liquidity mining incentive program. This initiative is not just a leap into the meme coin craze but a strategic effort to invigorate the meme coin ecosystem on the Avalanche blockchain. By […]

Dencun Upgrade: A Mixed Bag for Ethereum’s Layer-2

In the wake of Ethereum’s Dencun upgrade, a spotlight has been cast on the anticipated revolution within the Layer-2 ecosystem. Ethereum co-founder Vitalik Buterin voiced his observations at ETH Taipei, expressing a nuanced stance on the aftermath of this significant network enhancement. The Dencun upgrade, a beacon of progress for Ethereum, introduced “blobs” – a […]

BlackRock’s Bold Move into Tokenized Assets

BlackRock has officially submitted filings with the U.S. Securities and Exchange Commission (SEC) to unveil a tokenized asset fund, marking a significant stride into the realm of blockchain-based investments. This initiative, nested under the BlackRock USD Institutional Digital Liquidity Fund, heralds a new era for investors looking to bridge the traditional finance world with the […]

The Unapologetic Path of 3AC’s Co-Founder Kyle Davies

In an intriguing episode of the Unchained Podcast aired on March 19, Kyle Davies, the co-founder of the defunct Three Arrows Capital (3AC), expressed a lack of remorse over the hedge fund’s bankruptcy. Davies’s stance highlights a stark reality of the business world: failure is an inherent risk, not a moral failing. His comments offer […]

Bitcoin’s Flash Crash on BitMEX: An Unsettling Dive

Bitcoin (BTC) experienced a flash crash on the cryptocurrency exchange BitMEX, plummeting to as low as $8,900. This represented a stark contrast to other exchanges, where Bitcoin’s price hovered steadily above $60,000. The precipitous drop occurred at 22:40 UTC, and within a mere two minutes, Bitcoin’s value had plunged to its lowest point since early […]

Genesis Settles with SEC for $21 Million in Crypto Lending Case

Genesis, a subsidiary of the prominent crypto conglomerate Digital Currency Group (DCG), has reached a notable settlement with the Securities and Exchange Commission (SEC). The agreement entails Genesis paying a substantial $21 million civil penalty to resolve charges without admitting or denying any allegations leveled against it. The genesis of this settlement lies in the […]

AVAX and WIF: Surging Stars in a Quiet Crypto Day

Avalanche (AVAX) and the Solana meme coin, Dogwifhat (WIF), stand out with their remarkable performance. The global cryptocurrency market cap, holding steady at $2.69 trillion, saw minimal changes overall, save for the standout growth of AVAX and WIF. While most top 10 cryptocurrencies experienced negligible movements, Solana (SOL) and Avalanche (AVAX) defied the trend with […]