Justin Sun promises to make HT a decentralized meme token
The CEO of the HTX exchange has made a groundbreaking announcement stating that they will soon burn 20 million HT tokens, equivalent to a staggering $50 million. Following this procedure, the HT tokens will transform into decentralized meme tokens, as declared by the business ty ...
Arthur Hayes: I've come up with a new safe way to do guerrilla crypto marketing
The former CEO of BitMEX and the investment director of Maelstrom has proposed a unique solution for crypto startups to navigate regulatory hurdles and protect themselves from lawsuits. Arthur Hayes suggests that awarding points to crypto investors could be the best alternative ...
Hydrogen Technology engineer found guilty of manipulating Hydro token rate
A Florida federal court recently convicted the former head of Hydrogen Technology's financial engineering department for his involvement in a conspiracy to manipulate the rate of Hydro tokens.According to law enforcement officials, Shane Hampton utilized an automated tr ...
Enterprises of the Polish city of Minsk Mazowiecki will use MinsCoin for payments
The authorities of the Polish city of Minsk Mazowiecki have introduced a unique digital token called MinsCoin on the UrbanChange platform. This token is specifically designed for local use and participation in public projects within the city. Co-founder of UrbanChange, ...
The court increased the fine for Ryder Ripps and Jeremy Cahan for counterfeiting "Bored Monkeys"
Following a court ruling, artists Ryder Ripps and Jeremy Cahan have been ordered to pay Yuga Labs $9 million for their role in creating an alternative collection of Bored Ape Yacht Club (BAYC) tokens and engaging in copyright infringement. The court decision marks a sig ...
Lookonchain: Trader made $3.3 million on PORK meme tokens in three days
The analytical service Lookonchain shared an inspiring tale: a mysterious trader raked in an astonishing $3.3 million from meme coins within a remarkably short period.Originally, the trader invested 5 ETH, equivalent to around $12,000, in PORK tokens. Later, by selling ...
Chainalysis: Over Half of New Ethereum Tokens Are Created for Fraud
According to analysts from the Chainalysis service, approximately 54% of tokens issued and traded on decentralized platforms on the Ethereum network in 2023 are linked to fraudulent pump-and-dump schemes. Out of a total supply of 370,000 tokens, around 168,600 are avail ...
The XRP cryptocurrency rate fell amid the Ripple hack
Ripple's XRP token experiences a significant drop of over 5% as reports surface that the network suffered a devastating hack resulting in $112.5 million in damages. The CEO of the company has already confirmed the theft of cryptocurrency. A well-known crypto investigato ...
PeckShield: Abracadabra Finance protocol lost about $6.5 million due to exploit
Experts from the analytical platform EnigmaSec, specializing in blockchain security, stated that the DeFi lending protocol MagicBank suffered a significant loss of nearly $6.5 million in ether as a result of a recent hacker attack. The attack specifically targeted the s ...
SlowMist: 80% of comments under crypto project tweets are left by scammers
Information security company SlowMist recently revealed a concerning statistic, stating that approximately 80% of comments found under cryptocurrency project accounts on X (formerly Twitter) are the work of various attackers.These attackers are using accounts that close ...