Phony Philanthropy? Notcoin’s $6.8 Million Gift To Telegram Founder Rings Alarm Bells

Categories
Altcoins, blockchain, Crypto, Crypto News, cryptocurrencies, NOT, Notcoin, Telegram

The burgeoning world of cryptocurrency continues to grapple with issues of transparency, with a recent donation raising eyebrows across the digital currency landscape. Notcoin, a brand new play-to-earn game built on the Telegram messaging platform, sent a hefty $6.8 million worth of its own tokens (NOT) to Telegram founder Pavel Durov. While framed as a […]

France Blocks Cypto Exchange Bybit, Users Scramble To Withdraw Funds

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blockchain, Bybit, Crypto, crypto exchange, Crypto News, France

French regulators are sending a strong message to the cryptocurrency industry: play by our rules, or get out. The latest target? Bybit, a major crypto exchange, which has been blocked by the French Financial Market Authority (AMF) for operating without proper authorization. This move follows a similar warning against Bitget last November, highlighting the AMF’s […]

NFT Market Crashes: 95% Of Assets Become Worthless

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blockchain, Crypto, Digital Assets, NFT, Web3

The once-feverish NFT marketplace, where digital art and collectibles commanded millions, now resembles a deserted online bazaar. A new report paints a stark picture – a 97% plunge in trading volume since 2021 and a staggering 95% of NFT projects holding zero market value. This dramatic decline begs the question: is the NFT market headed […]

Akita Goes Digital: Japanese Society Uses Blockchain To Guard Dog Breeds

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Akita, blockchain, Japan, technology

The Akita Inu, a majestic breed hailing from Japan’s northern prefecture of Akita, has gained international acclaim in recent years. To combat rising concerns about pedigree forgery and lost documents, the Akita Inu Preservation Society is embracing the digital age. They’ve partnered with a tech firm to develop a secure system using blockchain technology, the […]

Russia’s Legislative Body Considers Diving Into Crypto: Will They Mine Or Maul It?

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blockchain, crypto mining, Crypto News, Cryptocurrency, Russia

Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance between encouraging this new industry and mitigating potential risks. Russia Seeks Order In Crypto […]

Crisis In Crypto: China’s Leading Blockchain Advocate Faces Investigation

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blockchain, CBDC, China bitcoin ban, China Central Bank, China Crypto, Crypto

Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The Background Of Blockchain Advocacy And The Current Crackdown Qian, known for his pivotal role in developing China’s Central Bank Digital Currency (CBDC), has been a leading voice in the country’s blockchain initiative. Qian’s efforts were […]

Crypto Industry Faces New Threat: Section 702 US Surveillance Bill Passed

Categories
blockchain, Crypto News, cryptocurrencty, section 702, US Senate

The US Senate has voted to reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA), a move that has sparked widespread debate and concern among civil liberties advocates and members of the crypto community. Section 702, originally introduced as a counterterrorism measure, grants the US government broad authority to collect data from various sources, […]

VeChain Lands $100 Million Knockout Partnership With UFC – Details

Categories
blockchain, Crypto, Crypto News, VeChain, Web3

The Ultimate Fighting Championship (UFC) has landed a heavyweight deal with VeChain, a blockchain logistics firm, in a five-year partnership to the tune of $100 million. This history-making agreement marks UFC’s first-ever top-level blockchain partnership, while VeChain gains a powerful platform to reach fight fans around the world. UFC Flexes Financial Muscle This strategic alliance […]

First-Ever Conviction For Crypto Smart Contract Hacking: Nirvana Exploiter Sentenced To 3 Years | Bitcoinist.com

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blockchain, blockchain technology, Crypto, crypto exploit, crypto hack, crypto hackers, crypto hacking, crypto hacks, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Nirvana Finance, US crypto regulation

After orchestrating a series of hacks on two decentralized cryptocurrency exchanges (DEXs) that stole more than $12 million worth of crypto, former security engineer Shakeeb Ahmed was sentenced today to three years in prison, this is the first-ever smart contract hacking conviction in the US.  Ahmed was also ordered to forfeit the stolen crypto and pay […]

Forget Wall Street, Uniswap Is The New Trading King With $2 Trillion Crown

Categories
Altcoins, blockchain, Crypto, Crypto News, DEX, uni, Uniswap

Uniswap, the pioneering decentralized exchange (DEX), has cemented its position as the leader in the crypto trading sphere by surpassing a staggering $2 trillion in all-time trading volume. This achievement, reached on April 5th, signifies a major milestone for the platform, highlighting its remarkable growth trajectory since its launch in November 2018. Data compiled by […]

Venom Blockchain Developed In Abu Dhabi Drives Web3 Ecosystem Expansion | Bitcoinist.com

Categories
blockchain, blockchain technology, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, UAE Web3, Venom, Venom Blockchain, VENOMUSD, VENOMUSDT, Web3, Web3 adoption

Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team that built the Venom Blockchain for Web3 application, which recently launched worldwide. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of […]

Shibarium Breaks The Internet (Again) With Over 400 Million Layer-2 Transactions

Categories
Altcoin, blockchain, meme coin, shib, Shiba Inu, Shibarium

Shibarium, the Layer-2 blockchain developed by the creative minds behind Shiba Inu (SHIB), has shattered expectations by reaching an extraordinary milestone in transaction throughput. Surpassing an impressive 411 million transactions,   Shibariumscan has revealed the platform’s resilience in the face of market volatility. The recent surge in user adoption and the influx of dApp builders […]