Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million. 11 People Arrested so Far in Cryptocurrency Scam in India Indian police have cracked down on a cryptocurrency investment scheme that has duped over 2,000 investors out of 40 crore rupees ($5.4 million). The number…
The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process. Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85 billion and Ethereum (ETH) at $5.25 billion according to Messari, Cardano is…
The co-founder of crypto exchange Huobi has shared his view about the current state of the bitcoin market and when the next bull run will be. “We are now at the early stage of a bear market,” he said, expecting the next bitcoin bull market to be around the end of 2024 or the beginning of 2025. Huobi’s Executive on…
press release PRESS RELEASE. London, England, Feb 21st, 2022 – Earn Guild, a next-gen guild system for play-to-earn gaming, will be conducting its public sale tomorrow, February 22, at 2:00 pm UTC on the PancakeSwap exchange. Shortly after the Initial Decentralized Offering (IDO), the $EARN token will be listed on three major exchanges. The project has successfully closed its early…
Premier League champions Manchester City and their new partner Sony have begun building a virtual replica of the Etihad Stadium which will be the team’s central hub in the Metaverse. Etihad Stadium is the home of Manchester City, England’s top soccer team at the moment. The team announced on Feb. 18 that it had signed a three-year agreement with Sony,…
Does Bitcoin have a critical weakness? In Greek mythology, Thetis dipped her infant son Achilles into the River Styx to give him the power of invulnerability. Achilles grew to become a seemingly-invincible warrior, but he was felled when a poison arrow struck him in the heel, the very spot where Thetis had held him when she dipped him in the…
The American streaming television service Sling TV has announced the company is now accepting cryptocurrency payments from customers paying their monthly subscriptions. Sling TV detailed the company is leveraging the crypto payment provider Bitpay and will accept seven different cryptocurrencies and five stablecoins. Sling TV to Accept Crypto Assets for Monthly subscription Services Sling TV LLC, has revealed that it…
In brief Timothy McKimmy wants his Bored Ape NFT back and/or damages of more than $1 million. His lawsuit may be just the first one over an exploit involving “inactive listings” on OpenSea. A Texas man who unwittingly sold his Bored Ape NFT for 0.01 ETH—the equivalent of around $26—is suing OpenSea, alleging the platform knew about a bug that…
Why does the world seem to have gone mad? How does this phenomenon work? What’s driving it and where does it go if we’re not careful? How can we actually use this for good? The orange pill prescription. If you’re wondering why the world appears to have gone somewhat crazy, and wonder why no one else notices, rest assured, you’re…
Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in achieving cross-chain transfers in a secure manner. One protocol that has been gaining traction in February thanks to its alternative approach to achieving cross-chain interoperability…
