In a recent development, a new scam method has been uncovered that specifically targets the Web3 gaming industry. This scam not only aims to deceive game developers but also preys on the enthusiasm of game enthusiasts. It all began with an innocent looking direct message on Twitter, originating from an account named @ameliachicel. The message
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In recent days, Elon Musk-backed meme coin Dogecoin (DOGE) has experienced a significant price correction, with a decrease of over 14% in the past 30 days. This decline can be attributed to the market’s waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), and the lack of bullish catalysts.
In recent years, the use of cryptocurrency mixers, also known as tumblers, has become increasingly concerning. Originally designed to protect the privacy of users with significant funds, these protocols have unfortunately been exploited by criminal organizations for illicit financial activities. The South Korean Financial Intelligence Unit (FIU) of the Financial Services Commission has recognized this
Celsius Network, a now-bankrupt crypto lender, has recently initiated its reimbursement plan for its creditors, which could potentially destabilize the Ethereum price movement. On-chain data obtained from crypto market intelligence company Arkham Intelligence reveals that Celsius Network transferred over $125 million worth of ETH to various crypto exchanges in the past week. The transfers consisted
Celestia is one of the top cryptos that stands out in the market due to its innovative approach to solving scalability issues faced by traditional blockchain networks. Unlike other blockchains that operate through smart contracts on an existing chain, Celestia uses a purpose-built blockchain with modular architecture. This architecture allows for scalability and provides validation
The introduction of US spot Bitcoin Exchange-Traded Funds (ETFs) has stirred much excitement and speculation within the crypto trading community. One prominent figure in this space, Ash Crypto, boldly predicts that these ETFs could propel Bitcoin’s price to a staggering $500,000. This article delves into the rationale behind Ash Crypto’s forecast and explores the potential
The U.S. Securities and Exchange Commission (SEC) has recently agreed to postpone the trial against Terraform Labs and its former top executive, after Terraform Labs’ co-founder, Do Kwon, expressed his intention to attend the trial. This delay has been considered reasonable by the SEC, as Kwon has agreed to extradition from Montenegro and is expected
The lending firm Celsius has been making headlines recently with its initiatives to repay creditors amidst its ongoing bankruptcy court proceedings. In the past week, Celsius transferred over $125 million worth of its Ether to crypto exchanges, following the lead of FTX and Alameda Research. This article delves into the details of these transfers and
Chainlink’s native token, LINK, recently experienced a significant downturn, causing concerns among investors. The decline was mainly attributed to speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, the latest data suggests that LINK is now decoupling from the altcoin pack, indicated by its ratio
In a groundbreaking collaboration, MeetKai, a leader in the metaverse and conversational AI space, has joined forces with Tripadvisor, one of the world’s largest travel guidance platforms. Together, they are set to revolutionize the way travel enthusiasts explore destinations worldwide. This partnership aims to provide immersive metaverse experiences, allowing users to embark on virtual tours
ENS, the decentralized naming system built on the Ethereum blockchain, has experienced a remarkable transformation in recent times. Once buried under the weight of uncertainty, the project has emerged as a promising player in the crypto industry. With a market capitalization of $761 million and a 31 million ENS supply in circulation, ENS is undeniably
The recent consolidation of the leading BRC-20 ordinal token, ORDI, has sparked concern among holders. After reaching a new all-time high of $92.22 on January 2, ORDI has experienced a sudden price drop. Many panicked investors are now asking themselves, “Is ORDI price going to zero?” In this article, we will closely analyze the current
Chainlink (LINK) has been garnering attention in the world of crypto trading as its price hovers near the $16 mark, suggesting the possibility of a breakout towards $17 or even $20. Traders have been observing LINK’s consolidation between the $13.00 and $17.00 range since November, which presents lucrative opportunities for those who can navigate market
Cryptocurrency intelligence firm ChainArgos has released a detailed analysis highlighting potential irregularities in the token allocations and flows of MATIC, the native cryptocurrency of the Polygon network. The investigation raises serious questions about the integrity of token allocations and suggests a coordinated effort by the Polygon team and Binance to manipulate the price of MATIC.