The prospect of a Bitcoin spot exchange-traded fund (ETF) being approved in the US has tantalized crypto investors for years. Despite over a dozen applications, the SEC has repeatedly denied or delayed approvals thus far. However, recent comments from SEC chair Gary Gensler suggest the agency could soon change course. Keypoints SEC chair Gary Gensler […]
The Man Who Brought Down Nirvana Finance: Inside the $12M Crypto Heist
A former security engineer has pleaded guilty to charges related to hacks on two decentralized cryptocurrency exchanges this past July, including the high-profile collapse of Nirvana Finance. Shakeeb Ahmed, who was employed by an international tech company as a senior security engineer, admitted to carrying out attacks on the exchanges by discovering and exploiting vulnerabilities […]
Aftermath: How The Ledger Hacker’s $484k Heist Went Down
As we reported yesterday. a hacker pulled off an elaborate heist targeting users of popular Web3 apps such as Zapper, SushiSwap, and Phantom, siphoning away approximately $484,000 in crypto funds. The attack focused on Ledger’s Connect Kit, a code library that enables connections between crypto wallets and decentralized apps. Keypoints Ledger’s Connect Kit was compromised […]
NFT gaming tokens explode: ApeMax and BloodLoop lead the charge
Cryptocurrencies are rising, and so are NFT gaming tokens. They are reported to be rising with explosive growth, creating a newfound interest among people across the globe. First things first, NFTs, which stand for non-fungible tokens, represent digital assets that each owner personally owns and trades. Many NFTs (Non-Fungible Tokens) have been integrated into the […]
Web3 Carnival 2023 Wraps Up a Week-Long Celebration of Innovation and Empowerment in Bangalore
The Web3 Carnival 2023, an exceptional event that united the Web3 community in a dynamic blend of innovation and empowerment, has successfully wrapped up its 7-day spectacle at the Palm Meadows Resort in Whitefield, Bangalore, spanning from December 4 to December 10, 2023. Powered by Giakaa and Threeway Studio and proudly supported by the Ton […]
Dollar struggles after US Data release; Eyes on PMIs for market moves
The Federal Reserve may not hike rates; however, the US Dollar could potentially continue to struggle in deep waters. Most of this anticipation stems from the fact that countries are agreeing to trade among themselves without involving American native currency. That creates a disbalance between the demand and supply of the dollar. Thereby it affects […]
AI-generated news anchors to present personalized reports on Channel 1 AI in 2024
A new AI-generated newsroom plans to launch its programming in early 2024 with AI-generated news anchors delivering AI-generated personalized news – what could possibly go wrong? The media company “Channel 1 AI” is rolling out a brand new newsroom in 2024, but with a catch – it’s powered by generative artificial intelligence (AI) and manned […]
The Energy Equation of Bitcoin: A Worthwhile Tradeoff for Unparalleled Security
In the dynamic landscape of modern finance, Bitcoin emerges not only as a groundbreaking digital asset but also as a subject of intense debate regarding its energy consumption. Often juxtaposed with various high-consumption entities, Bitcoin’s energy usage is a hot topic, stirring discussions that weigh its technological merits against environmental concerns. This article delves deep […]
Ethereum Wallet 101: A Beginner’s Guide to Safely Storing Crypto
Crypto wallets are an essential tool for anyone looking to get into the world of cryptocurrency. These digital wallets allow you to securely store, send, and receive various types of cryptocurrencies, including the increasingly popular Ethereum. While there are many different types of crypto wallets available, understanding how to use an Ethereum wallet is crucial […]
The Rise of Intelligence: Understanding Crypto Trading AI
In the dynamic world of cryptocurrency trading, where fortunes are made and lost in the blink of an eye, a revolutionary force is changing the game. Cryptocurrency, known for its wild price swings and adrenaline-pumping volatility, has found a new ally in the form of Crypto Trading AI. This cutting-edge technology is reshaping the landscape, […]