CertiK, a blockchain security firm, has responded to a “rug pull” scam that caused $160,000 to be stolen from Merlin, a zkSync-based decentralized exchange. CertiK claims that the scam was perpetrated by insiders at Merlin who exploited their wallet privileges. Despite making efforts to work with Merlin to retrieve the stolen funds, CertiK was unable…
Zug, Switzerland / Berlin, Germany – 5TH June 2025 – Safe Ecosystem Foundation today announced the formation of Safe Labs, a commercial, fully-owned subsidiary dedicated to building enterprise-grade self-custodial solutions. Rahul Rumalla, previously Chief Product Officer at the Safe development studio Core Contributors, has been appointed CEO to drive the Safe Lab’s strategic growth. This…
Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise $200 million in its Series B+ funding round as revealed in a Feb. 21 announcement. Other participants included Sequoia China, Pantera Capital, Tiger Global Management,…
Binance Smart Chain (BSC) Bridge Provider Security Breached, but Polker (PKR) is Strongly Resistant Failure by the bridge provider, Poly-Network to close ETH-BSC bridge at launch time leads to massive dump of PKR tokens. NEW YORK, US, July 1, 2021 – Polker, an online blockchain game, fell victim to a security breach during their launch…
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. In my first article in this series, I explained why Ethereum and Steem haven’t been able to deliver a mainstream social decentralized application (DApp)….
The first presale phase will begin on January 3rd. AVO tokens will be sold for $0.02 each. Up to 10% bonus tokens can be earned depending on the purchased amount. In this round, 25% of the tokens will have no vesting period, another 25% will have a vesting period of 3 months after the first…
Rhoncus id eget odio placerat sapien ultricies ridiculus tempor velit enim vitae aliquet sociis erat, tristique felis pretium aenean malesuada nisi feugiat arcu tellus eleifend montes orci. Conubia ad justo ante vestibulum neque quam imperdiet integer, gravida faucibus ac non fames pretium enim cras commodo, sollicitudin donec tellus pulvinar iaculis auctor semper. Hac enim egestas…
DAO is a new form of production, organization and management. It allows participants to manage an organization in a decentralized way, without a clear final decision maker. All decisions are made collectively through voting. DAO is an open form of management, and its members are mobile and have the ability to grow and expand. Since…
Strong Quarterly Performance American Bitcoin, the mining company with ties to the Trump family, reported some pretty solid numbers for the third quarter. They actually turned a profit of $3.47 million, which is quite a shift from the $576,000 loss they had during the same period last year. What’s more interesting is that their revenue…
Hong Kong’s SFC is cracking down on unregistered crypto platforms post-JPEX scandal, listing licensed and suspicious platforms, enhancing regulatory enforcement. Highlights: In response to the ongoing scandal surrounding the JPEX crypto exchange, the Securities and Futures Commission (SFC) of Hong Kong is firming up its stance against unregulated cryptocurrency trading platforms operating within its jurisdiction….
