DUST Token Surge: Unfounded GTA Rumors Stir Market
In a striking example of how rumors can fuel market movements, DUST, the native token of the NFT collection DeGods, experienced a notable rally from $0.62 to nearly $0.80. This surge was spurred by a peculiar and entirely unsubstantiated rumor suggesting the upcoming Grand Theft Auto (GTA) game would feature the cryptocurrency. Although the rumor […]
KyberSwap Hacked: $48M Stolen, Attacker Teases Talks
The world of decentralized finance (DeFi) was rocked recently by a staggering theft at KyberSwap, a prominent decentralized exchange (DEX). In a heist nearly totaling $50 million, the platform has become the latest victim in a series of attacks plaguing the DeFi sector. This incident has raised alarms throughout the community, with the DEX advising […]
Earn Network’s EARN Token Announced
Earn Network is a decentralized platform known for its innovative yield-generation strategies. The network has recently announced a significant milestone: the public sale of its EARN token, set to commence on November 24. This event, limited in duration, marks a crucial phase in Earn Network’s journey to reshape the DeFi sector. The Earn Network has […]
Blast, New Ethereum Layer-2 Network, Quickly Becomes Third-Largest Staker Amid Controversy
Blast, the latest Ethereum layer-2 network, has made a significant splash in the cryptocurrency world by becoming the third-largest holder of staked ether, just three days after its launch. On-chain data from Etherscan reveals that since its inception on Nov. 20, Blast has accumulated over 140,000 staked Ethereum, worth approximately $286 million, through the liquid […]
Socrates: New Web3 Social Media
Socrates is a groundbreaking Web3 social media and entertainment platform that has recently launched across multiple blockchains. Its arrival marks a significant shift in the way we interact, debate, and share knowledge online. Socrates has garnered substantial interest with thousands of sign-ups post its successful testing phase. Unlike traditional platforms, it offers a unique proposition: […]
CoinGecko Expands into NFT Data with Zash Acquisition
CoinGecko, the world’s largest independent cryptocurrency data aggregator, has marked a significant milestone in its expansion strategy by acquiring Zash, a leading provider of data infrastructure and intelligence for non-fungible tokens (NFTs). The terms of the acquisition, which represents CoinGecko’s first foray into the NFT space, were not disclosed. Set to be integrated into CoinGecko’s […]
BBVA Switzerland Enhances Digital Asset Operations with Metaco
BBVA Switzerland, a subsidiary of the Spanish banking giant BBVA, has partnered with Ripple-owned Metaco. This strategic collaboration aims to bolster BBVA Switzerland’s digital asset operations through Metaco’s Harmonize platform, as announced on social media. This partnership places BBVA Switzerland among a series of prestigious banks that have recently forged alliances with Metaco. Notably, HSBC […]
KPMG Canada and Chainalysis Join Forces Against Crypto Fraud
In a move to strengthen fraud detection and risk management in the digital assets sector, KPMG Canada has announced a strategic partnership with blockchain analytics firm Chainalysis. This collaboration marks a crucial step in enhancing the capabilities to combat the growing concerns of fraud and criminal activities in the cryptocurrency space. Kunal Bhasin, a partner […]
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