Stake, a crypto betting platform, was hacked to the tune of $41.3 million, according to blockchain security firms. The platform was able to resume services only five hours after the incident. Stake confirmed that user funds remain safe and that their Bitcoin, Litecoin, and XRP wallets were not impacted. Analysis by Beosin calculated the total […]
Nigeria has emerged as a global leader in cryptocurrency awareness, according to a recent study by blockchain and Web3 software company Consensys. The survey, conducted by YouGov and Consensys, was taken by 15,158 people across 15 countries, including the U.S., the U.K., Argentina, France, India, Japan, Mexico, South Korea, the Philippines, and Nigeria.The survey found […]
The Bitcoin network has hit a new milestone as the total number of holders now exceeds the population of Spain. According to an analyst, the total number of Bitcoin addresses carrying a non-zero balance is now higher than the entire population of Spain, which is around 47.5 million. This count includes all types of BTC […]
Stake.com, the world’s largest crypto casino, has suffered a major hack resulting in a loss of $41.3 million. The platform has suspended all deposits and withdrawals, leaving many users unable to access their funds. According to Cyvers, a crypto security firm, and Beosin, a web3 security agency, the majority of the stolen funds were drained […]
Binance CEO Changpeng Zhao has expressed his optimism for decentralized finance (DeFi) following a recent court ruling on an investor suit against the decentralized crypto exchange (DEX) Uniswap. Last week, Judge Katherine Polk Failla of the Southern District of New York dismissed the case that sought to make Uniswap (UNI) accountable for the financial losses […]
A security firm, Cyvers Alerts, has flagged suspicious transactions from the cryptocurrency gambling platform Stake, totalling $16 million on September 4. Blockchain evidence suggests that the funds were siphoned off as a result of a stolen private key. The hacker transferred $3.9 million worth of Tether (USDT), 6,001 Ethereum (ETH) worth $9.8 million, $900,000 worth […]
THORChain (RUNE), Toncoin (TON), and Everlodge (ELDG) are three tokens that have seen significant price rallies in the past few weeks. RUNE has increased by 65% in the last 30 days, while TON has seen over 40% price growth within the month of August. Meanwhile, over 25 million ELDG tokens have been sold so far […]
This article highlights the deal struck between Base and Optimism regarding revenue sharing and explores QUBE’s bullish journey and why it is one of the altcoins to watch this year. Base and Optimism have agreed to share profits via multi-signature wallets, with Base paying either 2.5% of its revenue or 15% of profits to the […]
Jay Clayton, former chairman of the US Securities and Exchange Commission (SEC), believes that the approval of a spot Bitcoin ETF is “inevitable” despite delays on seven applications. A spot Bitcoin ETF is an exchange-traded fund that invests directly in Bitcoin, allowing investors to trade shares of the fund on stock exchanges. The SEC has […]
Cryptocurrency continues to be a hot topic as we approach 2025. Bitcoin, the first and most well-known cryptocurrency, is poised for significant growth, with analysts and investors widely agreeing that its halving event could propel its price to new all-time highs, possibly exceeding $100,000 by the end of 2024. Meanwhile, Borroe’s $ROE AI altcoin is […]
