Author: Anshul

Terraform’s Collapse Sparks Global Legal Turmoil

The crypto world watched in disbelief as Terraform Labs’ TerraUSD (UST) and Luna (LUNA) tokens collapsed in May 2022, erasing billions in market value overnight. The fallout from this event has been monumental, leading to extensive legal challenges and a significant loss of investor confidence. Let’s understand how Terraform’s collapse sparks Global legal turmoil! The […]

Hackers Hijack Twitter accounts to Push Solana Meme Coin

A coordinated hacking attempt targeted several high-profile Twitter (aka X) accounts on Wednesday. With hackers hijacking the profiles of celebrities and brands to promote a Solana-based meme coin named $HACKED. Despite the scale of the attack, the cryptocurrency scam failed to gain much traction. High-Profile Targets Among the notable victims were Lenovo India, film director […]

Solana Seeker Smartphone Hits 140,000 Pre-Orders

Last year’s launch of the Solana Saga smartphone was a bold move by Solana Labs that didn’t initially seem to pay off. But a year-end surge in demand, fueled by the rising value of token airdrops tied to it, cleared out the remaining stock and sparked questions about what’s next. Let’s understand how Solana Seeker […]

Binance Clarifies Relationship with WazirX Amid $235 Million Hack

Binance denies ownership of WazirX and responsibility for a recent $235 million hack, urging the Indian crypto platform to address user fund losses. Binance Clarifies Relationship with WazirX The world’s largest cryptocurrency exchange by volume, has issued a statement clarifying its relationship with the Indian crypto platform WazirX, following a significant hack in July 2024 […]

Lawmakers Challenge SEC’s Stance on Crypto Airdrops

Representative Tom Emmer (R-MN), along with Chairman of the House Committee on Financial Services Patrick McHenry (R-NC), has issued a formal letter to SEC Chair Gary Gensler. Raising concerns over the regulatory treatment of cryptocurrency airdrops. The letter criticizes the SEC’s approach under Gensler’s leadership. Accusing it of stifling American innovation in blockchain technology by […]

California AI Laws Protect Actors

California Governor Gavin Newsom has signed two groundbreaking bills into law that safeguard actors and performers from unauthorized digital replicas. The new legislation, AB2602 and AB1836, requires explicit consent before creating and using a performer’s digital likeness. This move aims to combat the rising concern over AI-generated deepfakes in the entertainment industry. Let’s understand how […]

Hamster Kombat’s Token Countdown

Hamster Kombat, the largest Telegram tap-to-earn crypto game, announced that the first season of in-game rewards will end on September 20 ahead of next week’s HMSTR token launch and airdrop. Players are racing to level up and maximize their rewards before the cutoff. Let’s understand the response and hype behind Hamster Kombat’s Token Countdown! Season […]

PiP World’s Gold Rush Game Set to Educate and Reward

PiP World, an educational crypto gaming startup, is preparing to launch its first Telegram game, Gold Rush, in beta on Wednesday. The game’s debut comes at a time when Telegram gaming is seeing explosive growth, with top games like Hamster Kombat attracting over 300 million users and others enticing players with token airdrops. Gold Rush […]