Binance, the Cyber Crime Investigation Bureau (CCIB) of the Royal Thai Police, and the United States Homeland Security Investigation (HSI) have collaborated to take down a crime ring responsible for conducting a pig butchering crypto scam in Thailand. The operation, code-named “Trust No One,” led to the arrest of five alleged key syndicate members and […]
Metacade, the world’s first community-led gaming platform, has announced a collaboration with Polygon Labs to drive user acquisition, testing, and adoption of new games and customers on the Polygon protocols. This move will open up the brand to a global audience of gamers on the biggest gaming blockchain, adding to the already vibrant community of […]
Google Cloud recently joined the decentralized validator set for the Polygon network, a move that will enhance the overall performance of Polygon PoS. The introduction of new validators will strengthen the network’s collective security and governance. The news has been met with mixed reactions from the Polygon community. Google Cloud will now be responsible for […]
Ledger, a hardware wallet manufacturer, has seen a surge in sales due to the bankruptcy of crypto exchange FTX. Ledger’s Chief Experience Officer, Ian Rogers, and CEO Pascal Gauthier discussed the new crypto climate in the U.S., the latest trends in crypto storage, and the differences in doing business in the U.S. and Europe. The […]
Akshay Naheta, a former MIT alumnus and SoftBank executive, has launched a Dirham-backed stablecoin called DRAM. The Abu Dhabi-based company has been developing the technology since October 2022 and the Ethereum ERC-20 token is issued by DRAM Trust, a Hong Kong law governed trust. The independent trustee responsible for approving token mints and burns is […]
Solana (SOL) has been gaining traction in the crypto market, with a well-known crypto analyst suggesting that it is a prime opportunity for long-term investors. The analyst, Inmortal, has forecasted a target price of $250. CoinShares’ crypto fund report also highlights Solana’s consistent institutional inflows, with $31 million attracted in 2023 alone.AI-based price prediction algorithms […]
Bitwise chief information officer (CIO) Matt Hougan recently tweeted five reasons why Ethereum (ETH) is a more compelling investment opportunity than Bitcoin. Hougan highlighted Ethereum’s potential as a revolutionary global computing platform, its economic workings, its robust ecosystem, its increasing integration into major corporations, and its potential as a platform for tokenized real-world assets. Hougan […]
BTG Pactual, a major Brazilian investment bank, has signed an agreement to acquire 100% of Orama DTVM’s shares for 500 million Brazilian reais ($98.7 million). This acquisition is part of BTG Pactual’s digital expansion strategy and will provide Orama customers with access to the complete BTG platform. Founded in 2011, Orama has nearly 18 billion […]
Bitcoin (BTC) surged above the $28,000 mark on Monday, but concerns loom large in the crypto market. Mike McGlone, Commodity Strategist at Bloomberg, suggested that cryptocurrencies are grappling with the ominous specter of a looming recession, and the weakness observed in the third quarter could be signaling trouble ahead. Popular trader and analyst Michaël van […]
Immunefi, the leading bug bounty and security services platform for web3, published its Crypto Losses in Q3 2023 Report. According to the report, the crypto industry lost a total of $685,510,444 in Q3 of 2023, bringing the total losses across the ecosystem to $1,388,475,506 YTD. The number of single incidents increased 153% YoY from 30 […]
