The first quarter of 2024 witnessed a notable decline in losses attributed to hacking and fraudulent activities within the cryptocurrency space. According to a recent research report released by blockchain security firm Immunefi on March 28, the total losses amounted to approximately $336.3 million. This is marking a significant decrease from $437.5 million reported in […]
Changpeng Zhao, the co-founder and former CEO of Binance, has announced his latest project, Giggle Academy, aimed at revolutionizing education accessibility worldwide. Despite recent legal challenges, Zhao remains steadfast in his commitment to philanthropy and innovation, as evidenced by his new endeavor. Educational Equality Through Gamification Giggle Academy sets out to address the educational disparities […]
In the past 30 days, Ether (ETH) has seen an impressive 58% rally, outperforming the broader cryptocurrency market by 14%. Despite struggling to sustain levels above $4,000, Ether hit its highest price in over two years, narrowing the gap with Bitcoin (BTC), which currently sits at $73,178. ETF Optimism and “Sell the News” Scenario Speculation […]
1. A significant crypto whale stakes $45.5 million in Ethereum, indicating strong confidence in the cryptocurrency’s future. 2. Prominent whale wallets, including 0x8B9 and 0xBa7, execute large withdrawals and stakes, contributing to Ethereum’s notable surge. 3. Ethereum’s value rises by 35% in a month, reaching $3,100, with market bulls eyeing a new resistance level at […]
Yuga Labs co-founder Greg “Garga” Solano has announced his return as CEO, replacing Daniel Alegre after less than a year in charge. Solano expressed gratitude for Alegre’s contributions but emphasized his enthusiasm for steering Yuga Labs into its next chapter. Strategic Shifts and Acquisitions Solano’s return coincides with Yuga Labs’ acquisition of Proof, the digital […]
FIFA is set to release an exclusive series of digital collectibles later this week, with a unique twist for sports enthusiasts. This limited edition collection not only offers a digital keepsake for football fans but also includes a once-in-a-lifetime opportunity to witness the 2026 World Cup final live. In the first wave of this release, […]
The founder of a knock-off Mutant Ape NFT collection has pleaded guilty to conspiracy to commit wire fraud, admitting to scamming investors out of $3 million. French national Aurelien Michel was arrested for masterminding the fraudulent project in early January. According to the U.S. Attorney’s Office, Michel peddled the fake, non-fungible tokens by falsely promising […]
Yuga Labs has revealed that UV-A-emitting lights were likely the cause of vision, eye pain, and skin issues reported by attendees of their ApeFest event in Hong Kong last week. The nonfungible token (NFT) company behind the Bored Ape Yacht Club conducted a joint investigation with event producer Jack Morton Worldwide following complaints from at […]
A UK parliamentary committee has called for greater protections around NFTs and prohibited sports teams from issuing “fan” tokens. In a new report, the bipartisan group warned about copyright risks from the speed of NFT minting versus enforcing creator rights. It advised the government to work with marketplaces on a code of conduct against infringing […]
A CrypToadz NFT worth under $1,000 was shockingly purchased for 1,055 ETH ($1.6 million) on OpenSea last week. The sale sparked money-laundering speculation, given the massive price spike. Just two weeks prior, the same NFT from the popular collection sold for only 0.95 ETH ($1,600). The new buyer instantly flipped it for over 1000x the […]