A memecoin linked to Australian musician Iggy Azalea has raised over $300,000 in a presale organized by alleged serial scammer Sahil Arora. Despite this, Azalea has distanced herself from Arora's project. Posts from her X account on Tuesday clarified...
Cryptocurrency trading platform HTX, previously known as Huobi, has surpassed US-based exchange Coinbase in spot trading volumes. Tron founder Justin Sun, an adviser to HTX and a significant asset holder on the platform announced the milestone on X on...
In a recent report, the Bank for International Settlements (BIS) revealed a significant trend among central banks toward adopting generative artificial intelligence (AI) to bolster cybersecurity measures. According to the report: "Cyber attacks are increasing in frequency and complexity,...
The Sandbox, a leading decentralized gaming platform, has announced the launch of its decentralized autonomous organization (DAO), The Sandbox DAO. This initiative aims to empower its community through a structured, phased approach backed by a 25 million $SAND Treasury....
Mt. Gox has shaken the crypto world by making a staggering $7.3 billion transfer in Bitcoin to an unknown wallet. The move, which is the first in five years, has sparked renewed fears over how the exchange is handling...
Binance is facing allegations of selling Gopax user deposit claims in Genesis Global without creditor approval, as reported by South Korean news outlet Hankyung. Binance is now the largest shareholder of the South Korean exchange Gopax. Last year, Binance-backed...
VanEck advisor Gabor Gurbacs has expressed his backing for Bitcoin as a reserve asset plan. The investment strategist explained, in a post on X, that the United States Dollar has no better alternative, adding that “countries with depreciating fiat...
Taiko, the new layer-2 scaling solution, has launched on the Ethereum mainnet today, May 27. And notably, Ethereum co-founder Vitalik Buterin proposed the first block. Taiko is the first ‘based rollup’ on Ethereum and has been in extensive development...
Nomura Holdings, Inc. and GMO Internet Group, Inc. have announced their partnership to explore the issuance of stablecoins based on Japan's Yen and the U.S. Dollar. In a recent press release, the companies noted that the partnership will explore...
The Normie memecoin (NORMIE) has seen its value decline by over 99% after a massive exploit on its platform on May 26. Within hours of the hack, Normie’s market capitalization decreased from nearly $42 million to just $100,000. The...
