BonqDAO’s catastrophic hack continues to wreak havoc, with PeckShield reporting that the attackers have begun their efforts to siphon off funds through Tornado Cash. This follows Foresight News’ revelation of $120. million-dollar loss due to BonqDao’s lackluster security protocols – which were ultimately responsible for this event. In an attempt to ensure that such nefarious…
Circle Internet Financial Ltd. expands into Asia’s cryptocurrency markets, specifically Hong Kong, while closely monitoring the territory’s evolving crypto regulations. Key Points Circle Internet Financial Ltd., a prominent American digital currency company, is expanding its operations into the promising cryptocurrency markets of Asia. CEO Jeremy Allaire is closely monitoring the evolving crypto regulations in Hong…
XRP ETF Makes Market Debut Canary Capital has successfully launched the first exchange-traded fund providing direct spot exposure to XRP, marking a significant expansion beyond the current crypto ETF offerings that have primarily focused on bitcoin, ether, and solana. The fund began trading today on the Nasdaq under the ticker symbol XRPC, representing what I…
Polygon Labs, a leader in the volatile cryptocurrency industry, has caused shock waves by announcing that it will be cutting 20% of its staff. This move is indicative of a larger trend across major players like Spotify, Google’s parent company, and Amazon, who are similarly pruning their teams to stay stable in this turbulent economic…
April 15, 2024 – [Victoria, Seychelles] – Solvent.app, an innovative blockchain protocol, has officially announced the launch of its AI-enhanced, bot-driven revenue generation system on the Solana blockchain. The groundbreaking network is powered by sophisticated sniper bots designed to execute high-speed, precise transactions to capitalize on market opportunities, enhancing profitability for its participants. Alongside the…
Meta has been hit with a record-breaking fine of €1.2 billion ($1.3 billion) by European Union regulators. The penalty was imposed due to the transfer of personal data belonging to Facebook’s EU users to servers based in the United States. Meta Facing Allegations A statement was issued by the European Data Protection Board on Monday,…
Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000. Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their country in the event…
In an unexpected turn of events, a collection of non-fungible tokens (NFTs) called ‘Bitcoin Frogs,’ with a Pepe theme, takes the lead. Over the last 24 hours, it has gained the spot of being the most traded NFT collection. With a trading volume exceeding $2.2 million, it left behind well-known collections, such as Bored Apes….
In the next decade, we will see a shift from the internet to the metaverse – a virtual reality where people can create their own avatars and interact with each other, and Agoraverse has taken the next step to make that a reality. The Agora is a shopping mall where businesses, NFT ventures, and influencers…
In spite of the government’s recent inclusion of PMLA (Prevention of Money Laundering Act) in cryptocurrency, Indian cryptocurrency investors have demonstrated unwavering optimism in fresh alt-token initiatives. They may have a solid understanding of and experience with digital currencies, or perhaps their unwavering attitude stems from their belief that this new asset class can provide…
