RocketSwap Hacker Uses $870,000 Stolen Ethereum to Create Meme Coin $LoveRCKT
A hacker stole $870,000 worth of Ethereum tokens from RocketSwap on Base and used the haul to set up a meme coin on Uniswap. The Go to Source
Binance Connect Shut Down Due to Changing Market Needs
Binance has shut down crypto payment service Binance Connect only a year after its launch, citing changing market needs. Previously known as Bifinity, the crypto Go to Source
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
The SwirlLend scam is the second in as many days, and losses on the platform have already mounted into the millions, one week after it opened to users. Base, Coinbase’s…
Binance.US request for protective order against SEC goes to magistrate judge
The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery.…
Star Trek NFT trademarks approved, y00ts coming to Ethereum: Nifty Newsletter
NFT project y00ts will return the $3 million it received from Polygon Labs and transfer to Ethereum. In this week’s newsletter, read about CBS Studios’ receiving approval for Star Trek…
Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit. SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having…
Is Now a Good Time to Invest in Bitcoin in August 2023?
As of August 14, 2023, the price of Bitcoin is around $30,000. So, is now a good time to invest in Bitcoin? The answer depends on a number of factors,…
Dubai Regulator Slaps $2.7 Million Fine On OPNX, OX Token Tanks 8%
OPNX has been hit with a $2.7 million fine from Dubai’s Virtual Assets Regulatory Authority. VARA has also slapped a fine of $54,000 on each of Open Exchange’s founders, including…
Satoshi-era Bitcoin awakens: 1,005 BTC mined in 2010 on the move
1,005 BTC, valued at $29 million, has been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements. A Bitcoin (BTC) wallet containing 1,005…
BitGo raises $100M after losing lawsuit against Galaxy
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said. Cryptocurrency custody platform BitGo has raised fresh capital after facing a…
From the U.S. to Japan, regulators are beginning to embrace crypto
Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening. When it comes to…
Ledger announces U.S. PayPal integration, lets users buy crypto from within app
Through the new integration, verified PayPal users in the United States will be able to buy BTC, ETH, BCH, and LTC directly through Ledger Live. Hardware wallet manufacturer Ledger has…
Banning ransomware payments: An attractive but dangerous idea
The U.S. and Australia are considering banning ransomware payments, but will it solve the problem, or harm people and destroy businesses? A successful cyberattack on critical infrastructure such as electricity…
Why is Litecoin’s price down today?
Litecoin’s price is down today, partly due to the “sell the news” sentiment following its Aug. 2 halving. Litecoin’s (LTC) price is down today, mirroring downside moves elsewhere in the…
ZetaChain raises $27M in equity round to enable chain-agnostic interoperability
Participants in the round include Blockchain.com, Sky9 Capital, Jane Street Capital, VistaLabs, Human Capital, VY Capital, CMT Digital, among other investors. Layer-1 network ZetaChain has secured $27 million to support…