The recent news of a hacker stealing over $235 million from the Indian crypto exchange WazirX has sent shockwaves through the crypto community. According to blockchain security firm Cyvers, the hacker has managed to transfer around $10 million through sanctioned Tornado Cash in just the past 24 hours. This raises concerns about the vulnerability of
Robinhood’s crypto division has agreed to pay a $3.9 million fine following a settlement with a California investigation into its past practices. This settlement was reached after California Attorney General Rob Bonta stated that Robinhood Crypto had prevented users from withdrawing their digital assets from 2018 to 2022. Furthermore, the company failed to fully disclose
The Future Forward USA PAC, which supports Vice President Kamala Harris’ presidential campaign, has recently announced that they are now accepting cryptocurrency donations through Coinbase Commerce. This decision comes after a clarification was made following comments made by Coinbase’s Chief Financial Officer, Alesia Haas, during Citigroup’s 2024 Global TMT Conference in New York. Initially, there
Samuel Edyme, known by the nickname HIM-buktu, is a jack of all trades in the world of web3 content writing, journalism, and trading. His journey into the crypto universe did not start with a successful investment, but with a scam that lured him in with promises of quick returns. Instead of being discouraged by this
Summers have not been kind to Bitcoin historically, and 2024 is proving to be no different. Since the beginning of summer in June, the price of Bitcoin has been struggling, experiencing multiple flash crashes that have shaken the cryptocurrency market. The once soaring price of Bitcoin, which was over $70,000, has plummeted below $50,000 at
X Empire, formerly known as Musk Empire Game, is a tap-to-earn crypto game on Telegram that has captured the attention of players looking to earn rewards through virtual mining. The game combines the popular trend of cryptocurrency with simple tap-to-earn mechanics, creating a unique and engaging experience within the world of blockchain-based games. At the
The recent developments in the Bitcoin market are causing concern among investors and analysts alike. The drop in Bitcoin’s value from $59,076 to $57,127 in a short period has sparked discussions about the factors influencing its trajectory. One of the main issues affecting Bitcoin is the looming threat of a US recession, which is creating
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. He is a web3 content writer, journalist, and an aspiring trader. Edyme has lent his words to various industry players such as AMBCrypto, Blockchain.News, and Blockchain Reporter. His introduction to the cryptocurrency universe was far from conventional. Instead of beginning
Ripple has recently expanded its University Blockchain Research Initiative (UBRI) program to include South Korea’s prestigious Yonsei University. This collaboration marks the 58th partnership for Ripple’s global UBRI program, with 12 of them being in the Asia Pacific region. Yonsei University will engage in a long-term research effort focusing on blockchain technology, including artificial intelligence,
Cardano recently underwent a Chang upgrade on its Layer-1 blockchain, introducing several key changes to the network. This upgrade included enhancements such as on-chain voting, Delegate Representatives, improved smart contract capabilities, and a new governance structure with cost model improvements. Despite the anticipated Chang upgrade, the price of Cardano (ADA) experienced a 2.7% drop, trading