In an unprecedented turn of events, a hacker targeted the Uranium Finance DeFi platform in 2021 and may have attempted to launder their stolen crypto gains in the most unexpected way – by using “Magic: The Gathering” trading cards. This peculiar revelation comes from the diligent investigation of blockchain sleuth ZachXBT, who recently shared a
Blockchain
The FTX 2.0 customer ad hoc committee, tasked with representing the interests of investors in the now-defunct FTX crypto exchange, recently received a response from the Official Committee of Unsecured Creditors (UCC). The UCC, responsible for overseeing the bankruptcy process of FTX, acknowledged the raised concerns brought forward by the ad hoc committee. Led by
In recent weeks, the digital asset market has experienced a significant surge in bullish activity, resulting in the prices of most cryptocurrencies reaching levels not seen in over 18 months. This remarkable upward trend in asset prices is accompanied by the rapid growth of decentralized finance (DeFi), with investors eagerly seeking to maximize their returns
Russia’s Central Bank recently revealed a concerning trend regarding the decrease in the number of citizens trading cryptocurrencies. According to the bank’s data, there has been a noticeable decline in crypto activity among Russians during the second and third quarters of 2023. It was observed that Russian visits to major overseas cryptocurrency trading platforms have
In a groundbreaking move, cryptocurrency exchange Coinbase has unveiled its plans to host a forum dedicated to blockchain technology and digital assets. This unique event aims to bring together candidates running for the 2024 US presidential election. Set to take place in New Hampshire on December 11, the Coinbase Crypto Presidential Forum will provide an
A recent report by Bloomberg has shed light on a private gathering held at the exclusive members-only club, 1880, in Singapore. Binance’s VIP traders were in attendance, and among them was Richard Teng, the current CEO and former head of regional markets for the crypto exchange. Notably absent from the event was Changpeng “CZ” Zhao,
The United Nations Development Program (UNDP) has announced a groundbreaking partnership with the Algorand Foundation, aimed at driving sustainable development by equipping UNDP employees with blockchain skills. Through this collaboration, the Algorand Foundation plans to launch a blockchain academy in 2024, offering education and training programs to more than 22,000 UNDP staff members worldwide. This
In an effort to strengthen India’s foundation in the Web3 space, the decentralized network Algorand (ALGO) has formed partnerships with several key players in the country. These strategic collaborations aim to enhance the Web3 ecosystem, promote financial inclusion, and support women entrepreneurs. With a focus on education and innovation, Algorand is working towards building real-world
Coinbase, one of the leading cryptocurrency exchanges worldwide, has recently come under scrutiny due to a subpoena from the US Commodities Futures Trading Commission (CFTC). Users of Coinbase have reported receiving emails informing them that their customer information may be shared with the CFTC as a result of this legal order. The investigation is said
TRM Labs, a leading blockchain intelligence solutions provider, has joined forces with Australian digital asset exchange Swyftx to empower virtual asset users to protect their accounts against fraudulent actors. This novel partnership aims to incentivize users in Australia to strengthen their security measures amid the rising number of scams in the crypto market. As part
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