Category Archive: Cryptocurrency, No picture
Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance
A Nigerian court has denied the bail application for Binance’s detained Head of Compliance, Tigran Gambaryan, citing the likelihood that he may jump bail.The decision was announced on Friday, the same day Gambaryan turned 40. A recent report from Reuters indicates that the Nigerian court has ruled to allow Gambaryan to stand trial on behalf […]
Pink Drainer shuts down after dealing over $85 million in damage
Pink Drainer, the wallet-draining service responsible for over $85 million in stolen crypto, is shutting down. The shutdown was disclosed by ZachXBT through a Telegram post.At its height, the scam service impacted over 21,000 victims, according to a Dune analytics dashboaranalytics dashboar shared by Web3 anti-scam firm Scam Sniffer. “It is very likely that our […]
Binance partners with Taiwan authorities in $6.2M money laundering crackdown
Binance’s Financial Crimes Compliance (FCC) department has recently joined forces with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to take down an NT$200 million ($6.2 million) money laundering operation, said Binance in a press release published today.As reported, the suspects in the case were involved in sophisticated money laundering activities […]
Solana leads as the fastest among large-scale blockchains — CoinGecko
Research from CoinGecko says that Solana is the fastest among large-scale blockchains, with its actual daily average transactions per second (TPS) reaching a record high of 1,504 on April 6, 2023 as the meme coin mania took off. Such a statistic makes Solana roughly 46 times faster than Ethereum, and 5 times faster than Polygon.To […]
Bitcoin ETFs attract 937 professional firms in Q1: K33 Research
Spot Bitcoin exchange-traded funds (ETFs) appeared in 937 professional firms’ 13F filings in the US, shared Vetle Lunde, senior analyst at K33 Research. In stark contrast, gold ETFs only saw investments from 95 professional firms in the same period, according to data from Bitwise. Retail investors continue to hold the majority of the float, but […]
Pump.fun hit by exploit, nearly 2,000 SOL stolen
Solana’s meme coin marketplace Pump.fun got exploited this Thursday after its bonding curve contracts have been compromised. In an X post, the team behind the platform claimed to have upgraded the contracts so the attacker cannot withdrawl more funds, and paused the trades for all the tokens.The X user identified as “staccoverflow” claimed to be […]
DePIN is a lifeline for Bitcoin miners, says Livepeer CEO
Bitcoin (BTC) miners might turn to the DePIN ecosystem to turn mining facilities profitable after the latest halving cut block rewards to 3.125 BTC, shared Livepeer CEO Doug Petkanics with Crypto Briefing. DePIN is short for decentralized physical infrastructure network, a blockchain industry sector that brings transparency and decentralization to the real world.Petkanics highlights that […]
Gnosis opens public registration for Genome naming service
Gnosis, a blockchain infrastructure project advocating for radical inclusivity, has announced the launch of Genome, a digital ID service native to the Gnosis Chain. Public Registration is now live! 🚀 Missed the pre-registration? No worries – now ANYONE can register their .gno domains: https://t.co/afo44sro6d https://t.co/zxHpOnvmfZ — Genome (.gno domains) (@genomedomains) May 15, 2024 Developed in […]
HackaTRON Season 6 Submission Period Concludes with Notable Achievements
Geneva, Switzerland, May 16, 2024 – TRON DAO proudly announces the completion of HackaTRON Season 6, a monumental season with a record 962 participants, co-hosted with HTX DAO, BitTorrent Chain, and JustLend DAO. This event not only showcased innovative blockchain projects but also highlighted the profound capabilities of the TRON network.Diverse Sponsorship and Expert Judgement […]
Binance develops algorithm to combat address poisoning scams
Blockchain security researchers from Binance have developed an algorithm that could detect poisoned crypto addresses on both the BNB Smart Chain and Ethereum networks.Address poisoning is a type of scamming method in the crypto space where threat actors send small amounts of crypto from and address that resembles a victim’s address. The purpose of such […]
