American Rapper Soulja Boy Accused of Promoting Fraudulent NFT Projects
ZachXBT, a cryptocurrency enthusiast, has accused popular American rapper Soulja Boy of promoting fraudulent NFT projects. The rapper allegedly ran 73 promotions and 16 NFT giveaways on Twitter, featuring tokens such as RapDoge, Orion, The Life Token, SaferMars, Flokinomics, and ParrotsDAO. Ho ...
Hackers Return $7.2 Million Stolen from Safemoon’s Decentralized Cryptocurrency Exchange
The decentralized cryptocurrency exchange Safemoon was the target of hackers who managed to steal $9 million worth of crypto assets from the protocol's liquidity pool at the end of March. However, the good news is that the attackers returned $7.2 million in two separate transactions in the early ...
First criminal case in Russia for misappropriation of cryptocurrency
The case of Alexei Ivanov, a system administrator at the Singapore-based WEX cryptocurrency exchange, is set to be heard in Novosibirsk. Ivanov is accused of misappropriating digital assets worth 3 billion rubles, in what is believed to be Russia's first criminal case involving the theft of crypt ...
Founder of Thodex Exchange to Be Extradited Back to Turkey for Fraud and Theft Charges
The Turkish Ministry of Justice announced that preparations for the extradition of the founder of the Thodex exchange have been completed and that he will be handed over to law enforcement agencies next Thursday. Faruk Fatih Ozer fled Turkey last year and was wanted by Interpol on charges of frau ...
MATIC’s Long-Term Prospects Uncertain as Whales Lose Aggressiveness
Polygon (MATIC) rose on positive market reaction to Ethereum's successful network update, but its long-term prospects remain uncertain and it remains to be seen whether the bulls will be able to avoid a significant correction MATIC is the native token of the Polygon network, a popular second-leve ...
Ripple (XRP) Faces Resistance as Wave Analysis Suggests Potential Reversal
The Ripple (XRP) rate fell sharply on April 19 after the price rebounded from an important resistance area Despite today's drop, however, wave analysis promises the project Ripple (XRP) token will bottom out soon and potentially reverse. Will the bulls be able to resuscitate the bullish struct ...
Kyber Network Warns Users of Possible Vulnerability in KyberSwap Elastic Platform
Kyber Network warns users of potential vulnerability on KyberSwap Elastic platform Kyber Network, a decentralized finance protocol team, has issued a warning to users of its KyberSwap Elastic platform about a possible security breach. While the developers did not provide details about the vuln ...
Solana’s Recent Price Movement and Potential Future Growth
On April 17, Solana hit a new high this year, but bounced off the high of the current range. What does this mean for SOL. SOL is a native token of the Solana blockchain, created by Anatoly Yakovenko. It uses a unique consensus mechanism that is a combination of Proof-of-Stake (PoS) and Proof-o ...
XRP On-Chain Metrics Suggest Possible Price Correction
For the last seven trading days, the XRP rate has mostly stalled around $0.52, and on-chain metrics promise the coin an early loss of $0.50 support. The native token of the famous Ripple project (XRP) was on the rise in March in a number of on-chain indicators, including the growth of popularity ...
Calgary Police and Chainalysis Partner to Investigate Crypto-related Crimes
Calgary, Alberta, Canada's police force has partnered with Chainalysis, an analytical company, to establish the Center for the Investigation of Crimes Related to Cryptocurrencies and Blockchain. The CPS Blockchain Investigation Team (BIT) was formed by the Cybercrime Investigation Unit of the Cal ...