Farcaster’s $150 Million Funding Boost for Web3 Expansion
Farcaster, a burgeoning force in the web3 social media landscape, has successfully secured a whopping $150 million in funding, spearheaded by Paradigm. This substantial financial injection was supported by a consortium of influential tech investors including A16z crypto, Haun Ventures, USV, Variant, and Standard Crypto among others. Dan Romero, co-founder of Farcaster, expressed his enthusiasm […]
Solana Heist Suspect Claims Arrest Amid Controversy
Jarett Reginald Dunn, better known as Stacc on Twitter and allegedly involved in a significant exploit of Solana through the platform Pump.fun, claims he was arrested by London police last Friday night near Covent Garden. Despite his assertions, the Metropolitan Police have found no records matching the alleged incident, raising questions about the veracity of […]
Venezuela Intensifies Crackdown on Crypto Mining
Venezuela has escalated its actions against crypto miners, announcing plans to disconnect all mining operations from the National Electric System (SEN). The country’s Department of Energy (MPPEE) revealed this decision in a recent Instagram post, stating the objective is to manage the high energy demand and maintain reliable service across the nation. Crypto mining, essential […]
Introducing ERC-7683: A Leap in Blockchain Interoperability
Uniswap Labs and Across Protocol have recently unveiled a groundbreaking Ethereum token standard, ERC-7683, aimed at enhancing cross-chain interoperability. This new standard promises to revolutionize how transactions across different blockchain networks are conducted by creating a more cohesive and efficient environment. ERC-7683 is designed to establish a universal filler network, which will follow a consistent […]
This week in Crypto!
The unexpected return of Roaring Kitty—real name Keith Gill, and also known as DeepFuckingValue on Reddit—on a Sunday night sparked a remarkable trading frenzy that resonated across meme stocks and digital currencies alike. This marked his first post in nearly three years on Twitter, now known as X, catalyzing significant market movements reminiscent of his […]
$73 Million Crypto Laundering Scheme Unveiled
The U.S. Department of Justice (DOJ) has charged two Chinese nationals, Daren Li and Yicheng Zhang, for their roles in a massive cryptocurrency scam, culminating in at least $73 million in laundered money. This high-profile case highlights the ongoing issues surrounding digital currency fraud and the international efforts to combat these illicit activities. Daren Li, […]
Spot Ethereum ETF May Launch Sooner Than Expected
Despite the prevailing pessimism among industry observers, a spot Ethereum exchange-traded fund (ETF) could be closer to launch than anticipated, according to Coinbase, America’s largest cryptocurrency exchange. In a recent communication, Coinbase highlighted the ongoing uncertainty due to the Securities and Exchange Commission (SEC)‘s reticence but remained optimistic about the eventual approval of such a […]
Pink Drainer Scam Service Announces Retirement
Pink Drainer, a notorious wallet-draining service, has announced its retirement in a private Telegram chat, as revealed by blockchain investigator ZachXBT. The announcement marks the end of a service that facilitated the theft of over $75 million from nearly 20,000 victims over the past year. In the message, Pink Drainer expressed regret for the “lack […]
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