Footballer Cristiano Ronaldo is currently facing a lawsuit for his involvement in promoting nonfungible tokens (NFTs) linked to the crypto exchange Binance. The lawsuit alleges that Ronaldo encouraged his followers to invest in Binance, which ultimately contributed to its growth. In another NFT-related incident, an NFT collector narrowly escaped a hacking attempt by an individual […]
Charlie Munger, the esteemed vice chairman of Berkshire Hathaway and long-time business partner of Warren Buffett, passed away at the age of 99. Munger was known for his distinctive investment philosophy, which focused on value investing and seeking out undervalued companies with long-term growth potential. His approach helped Berkshire Hathaway become a global powerhouse with […]
As the number of hacks and exploits in the crypto industry continues to rise, cybersecurity professionals are highlighting the need for improved crypto security measures. In 2023 alone, nearly $1 billion has been lost to crypto hacks, scams, and exploits. Recent incidents, such as the Poloniex exploit and the HECO Chain bridge hack, have resulted […]
The hacker responsible for the $46 million crypto theft against KyberSwap has issued a warning to the company’s executives and tokenholders. In an on-chain message, the hacker stated that they plan to release a statement regarding a potential treaty with KyberSwap, but only if hostilities cease. The hacker expressed frustration with the executive team’s unfriendliness […]
A U.S. court has granted permission to Jump Crypto, a “third party” in the SEC’s case against Terraform Labs, to submit certain information confidentially. The SEC has accused Terraform Labs and its founder, Do Kwon, of offering and selling unregistered securities and engaging in fraud, resulting in the collapse of the TerraUSD stablecoin. Jump Crypto […]
Cardano co-founder Charles Hoskinson has criticized U.S. regulators for categorizing ADA and other cryptocurrencies as unregistered securities while giving bitcoin a pass. Hoskinson argues that bitcoin could also meet the legal criteria of an investment contract due to the broad nature of securities laws. The Securities and Exchange Commission (SEC) chairman, Gary Gensler, has suggested […]
Charlie Munger, the legendary investor and longtime partner of Warren Buffett, has passed away at the age of 99. Munger was known for his successful career in investing and his outspoken criticism of cryptocurrency. He believed that cryptocurrencies were a poor investment and often referred to them as “noxious poison” and “turds.” Munger’s views on […]
Solana (SOL), a competitor to Ethereum Layer-1, has seen a decline in price recently, falling below $55 amidst a broader market sell-off. Despite this correction, SOL remains above its 50-day and 200-day exponential moving averages (EMAs), indicating some resilience. The coin is currently valued at approximately $55.61. Analysts suggest that as long as SOL maintains […]
In a thought-provoking exchange on X, Matteo Pellegrini, founder of the Orange Pill app, has sparked a significant debate among Bitcoin experts and enthusiasts. Pellegrini shared insights from a recent conversation with an undisclosed source, revealing a potential strategy by the US Government to exert control over Bitcoin through a spot Exchange-Traded Fund (ETF).According to […]
In a thought-provoking exchange on X, Matteo Pellegrini, founder of the Orange Pill app, has sparked a significant debate among Bitcoin experts and enthusiasts. Pellegrini shared insights from a recent conversation with an undisclosed source, revealing a potential strategy by the US Government to exert control over Bitcoin through a spot Exchange-Traded Fund (ETF).According to […]
