MATIC Technical Analysis: The Fate of Polygon’s Long-term Trend Hangs in the Balance
Polygon (MATIC) is currently trading at a critical level, which may determine its long-term trend. As the native token of the popular Polygon network, MATIC helps to reduce transaction costs and speed up transactions using sidechains. These sidechains operate independently but are connected to th ...
Ripple (XRP) Price Analysis: Will the Whales’ Selling Trigger a Correction?
XRP, also known as Ripple, has surpassed the $0.45 mark for the first time since November 2022. Despite the bullish sentiment, on-chain analysis indicates that the market's whales are poised to unload their holdings. It remains to be seen how much XRP will decline in the following weeks. As the p ...
Founder of Titanium Blockchain Crypto Scam Receives 4-Year Prison Sentence
A founder of a fraudulent cryptocurrency project called Titanium Blockchain has been sentenced to 4 years in prison by a US court after his clients lost $21 million. Michael Stolleri launched the Titanium Blockchain Infrastructure Services (TBIS) project in 2017 and conducted an initial coin offe ...
General Bytes Announces Refund Plan for Victims of Crypto ATM Hack
General Bytes, a manufacturer of crypto ATMs, has recently announced that they are prepared to reimburse users who were affected by the recent security breach. This breach occurred when hackers were able to gain access to customers' hot wallets by downloading malicious Java applications onto cryp ...
Thorchain Suspended Due to Potential Vulnerability
Thorchain, the decentralized protocol that enables cross-chain trading of cryptocurrencies, has recently been temporarily suspended due to a potential vulnerability. This development followed reports on social media of a credible threat to the Thorchain Nine Realms platform and the THORsec securi ...
Hackers Return Most of Stolen Assets from Euler Finance’s $197 Million Hack
The group responsible for the hack of DeFi lending platform Euler Finance and the theft of $197 million has reportedly recovered most of the stolen assets. As of March 25, the hackers had returned 51,000 ETH, which is equivalent to about $88 million, and another transfer was made on the same day ...
Eversheds Sutherland Files Bankruptcy Court Request to Protect Foreign FTX Users’ Assets
Eversheds Sutherland, a law firm, has taken legal action to safeguard the interests of foreign clients of the bankrupt FTX exchange. The firm has filed a request in a bankruptcy court to freeze assets that were previously frozen in the accounts of these clients. The objective is to separate the f ...
Founder of Bankrupt Crypto Project AP Private Equity Kidnapped and Tortured
As per media reports, Aiden Plethersky, the self-proclaimed "Crypto King" and founder of the now-bankrupt crypto venture AP Private Equity, was reportedly kidnapped and subjected to torture with the aim of obtaining a ransom worth millions of dollars. Recently obtained documents by CTV News Toron ...
NFT Collector Accidentally Burns CryptoPunk Token Worth $135,000
Collector Brandon Riley experienced a devastating loss when he mistakenly burned his CryptoPunk #685 token, valued at a whopping $135,000, during an unfamiliar NFT packaging process. In a tweet expressing his regret, Riley admitted that he was so focused on following the instructions to the lette ...
Binance Employees and Volunteers Help Chinese Users Bypass KYC Procedures
According to reports by CNBC, some employees and volunteers at Binance, the largest crypto exchange, are providing advice to users from China on how to bypass the “know your customer” (KYC) procedure and remain anonymous. These individuals, known as "angels," shared methods such as forging bank d ...