Willy Woo Analyzes the Challenge to Bitcoin’s Growth Posed by Derivatives
In the world of Bitcoin analysis, prominent analyst Willy Woo has identified a significant obstacle that could impede the future growth of the leading cryptocurrency. Woo raises concerns about the rise of Bitcoin derivatives and the consequences it brings for the crypto market. Sharing insights w ...
Over 500 Fraudulent Meme Coins Launched on Coinbase’s Base Network, Generating Millions
According to Solidus Labs, a New York-based company specializing in monitoring suspicious cryptocurrency transactions, more than 500 fraudulent meme coins were launched on Coinbase's Base network between mid-July and August. The fraudulent tokens generated about $3.7 million in trading v ...
DeFi Project EDE Acknowledges Price Manipulation Possibility, Security Concerns Arise
Security specialists PeckShield reported that the administration of DeFi Ede Finance (EDE) acknowledged the actual possibility of manipulating the prices of crypto-assets and called the decision reckless. EDE says the company planned to create a tool to combat potential h ...
Alleged Price Manipulation and Backdoor Exposed by White Hacker at El Dorado Exchange
A user nicknamed Res, who described himself as a white hacker, claimed to have uncovered a trick by the El Dorado Exchange project team to eliminate any position. The hacker said on Twitter that he discovered the backdoor and managed to withdraw about $580,000 worth of as ...
IOSCO Publishes Recommendations for Digital Asset Regulation, Seeks Feedback from Regulators
University of Jos in Nigeria has expressed its willingness to accept the digital Nigerian naira (e-Naira) to pay for its educational programs. Top Manager of the Central Bank of Nigeria (CBN), Tinat Esther Catherine, said this during a visit to the University of Jos (UNIJOS ...
IOSCO Publishes Recommendations for Digital Asset Regulation, Seeks Feedback from Regulators
The Commission has published a set of recommendations for other regulators Feedback on the document is open until July 31 The International Organization of Securities Commissions (IOSCO) published its rulebook on Tuesday, May 23, regarding regulation of the digit ...
Hydrogen cryptocurrency project CEO found guilty of price manipulation
The Hydrogen cryptocurrency project was under investigation by the US Securities and Exchange Commission (SEC) which has now been concluded by the New York District Court. The case was initiated based on a complaint against Hydrogen for fraud. As per the ruling, the CEO of Hydrogen Technology, ...
TON Community Freezes Over 1 Billion Toncoins Across 171 Wallets
The TON blockchain community, which was created as part of the digital currency project for Telegram, recently held a vote to freeze 171 wallets that collectively hold more than 1 billion Toncoins. The freeze was implemented to safeguard against potential shocks and prevent any price manipulation of ...