CertiK in Hot Water Over Crypto Mixer Transactions
In a recent unfolding within the crypto community, blockchain security firm CertiK has come under scrutiny after reportedly transferring funds to a blacklisted crypto mixer, Tornado Cash, following a white-hat hack on Kraken. The situation has escalated into a legal and ethical quandary that challenges the boundaries of cybersecurity practices in the crypto realm. CertiK, […]
Bitwise Launches Ethereum ETF Ad Campaign
The promotional gears for cryptocurrency ETFs are turning faster with Bitwise’s launch of a national TV advertisement emphasizing the advantages of the Ethereum network. The ad, which aired on Thursday, contrasts the traditional stock market’s limited hours to Ethereum’s continuous availability, encapsulating the message: “Unlike Big Finance, Ethereum doesn’t clock out at 4pm.” This 40-second […]
Snowflake Data Breach: Ransom Demand Drastically Reduced Amidst Confusion
A significant breach involving Snowflake, a cloud-based data management firm, has led to a threat actor named Sp1d3r demanding a ransom for personal data affecting millions of U.S. students. Originally setting the ransom at $2 million in bitcoin, the attacker has surprisingly reduced the amount to $150,000, payable in U.S. dollars, according to a report […]
LayerZero Prepares for Massive Airdrop Amid Anti-Sybil Measures
LayerZero, a leading cross-chain interoperability protocol, is on the brink of conducting one of the largest airdrops in cryptocurrency history, as announced by CEO Bryan Pellegrino. Set for July 19, this event is poised to benefit 1.28 million wallets, marking a significant milestone in the protocol’s development. Pellegrino disclosed that 23.8% of the total token […]
Pantera Capital’s $100M Bet on Bitwise Ethereum ETF
Crypto index fund manager Bitwise Asset Management revealed that Pantera Capital Management LP plans to invest $100 million in shares upon the SEC’s approval of trading for the Bitwise Ethereum ETF. This information was disclosed in a revised S-1 registration form submitted to the Securities and Exchange Commission (SEC), detailing the readiness for the potential […]
Massive Token Unlocks Loom Over Crypto Market
Over 40 cryptocurrency protocols are poised to release more than $740 million worth of previously frozen tokens in the next 30 days, signaling a potentially significant impact on the market. According to the vesting analytics platform Token Unlocks, a variety of cryptocurrencies are scheduled for these substantial token releases. At the forefront of this wave […]
DJT Meme Coin Surges Amid Unsubstantiated Trump Rumors
A recent surge in trading activity and a significant price spike have been observed in a month-old DJT meme coin on the Solana blockchain. This flurry of activity was triggered by Crypto Twitter’s reaction to unsubstantiated rumors that former U.S. president Donald Trump is planning to launch an official token by the same name. The […]
Trump’s Crypto Campaign Attracts Scammers
Last month, former president Donald Trump, a convicted felon, announced that his campaign would begin accepting donations in cryptocurrency. This decision has inadvertently opened a floodgate for cybercrime, with numerous scam websites popping up to exploit Trump supporters, according to an exclusive report by Netcraft shared with WIRED. In the lead-up to Trump’s announcement, scammers […]
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