News
Fake Solana wallet security update is trying to steal your crypto: Reports
Password-stealing malware is being spread by hackers through NFT airdrops purporting to be Solana Phantom security updates. For the last two weeks, unknown hackers have been airdropping nonfungible tokens (NFTs) to Solana cryptocurrency users masquerading as a new...
Dapper Labs suspends Russian accounts after new EU sanctions
The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law. Flow blockchain developers Dapper Labs has suspended Russian accounts...
Killing more worthless projects would be a win for crypto
When blockchain projects show their technology has something to offer that traditional internet doesn’t, big investors will get on board. “If you aren’t thinking about owning a cryptocurrency for 10 years, don’t even think about owning it for 10 minutes.”Such a...
Why the US is one of the most crypto-friendly countries in the world
The United States is making strides on crypto regulation, and it's home to the largest number of Bitcoin and Ethereum nodes in the world. In her Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging...
Lido launches layer-2 Ethereum staking and LDO rewards
Lido has around 40% of all the staked ETH on the Beacon Chain. One of the biggest Merge staking providers, Lido Finance has launched on two layer-2 networks Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while reducing gas...
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us. Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and...
‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic. New research from blockchain analytics and crypto compliance firm Elliptic has revealed the extent to which cross-chain bridges and...
Beeple’s Discord URL ‘hijacked,’ directing users to wallet drainer
Other users in the crypto Twitter Community believe lax security management is to blame for the latest phishing scam aimed at Beeple's fans and followers. Non fungible token (NFT) artist Mike "Beeple" Winkelmann has found himself the target of phishing scammers yet...
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months. The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select...
Web3 is the solution to Uber’s problem with hackers
Centralized databases on Web2 are a honeypot for hackers. Decentralizing data on Web3 eliminates a major vulnerability for companies like Uber. Uber is a staple of the gig economy, for better or worse, and a disruptor that once sent shockwaves throughout the mobility...