Blockchain Technology

In a landmark case for the cryptocurrency industry, Damian Williams, the U.S. Attorney for the Southern District of New York, has announced the guilty plea of Shakeeb Ahmed, who hacked DeFi protocol Nirvana Finance and one other cryptocurrency exchange. Williams calls this the first-ever conviction...

In the world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, one anonymous trader turned a seemingly hopeless investment into a staggering $4.4 million profit in just one month by trading Bonk (CRYPTO: BONK) tokens. The trader's journey to this...

Investment firm Cyber Fund has established a new venture capital division worth $100 million, to accelerate projects that merge blockchain technology and artificial intelligence (AI). Starting with Ethereum (CRYPTO: ETH), the firm — spearheaded by ETH investors and entrepreneurs...

Cryptocurrency firm SafeMoon (CRYPTO: SFM) declared Chapter 7 bankruptcy. The company revealed in its Utah Bankruptcy Court submission that it has liabilities ranging from $100,000 to $500,000. Additionally, SafeMoon reported holding assets worth $10 million to $50 million, with 50 to 99...

Crypto hardware wallet provider Ledger was the target of a sophisticated hacking incident, which led to the theft of approximately $484,000 in assets. It was linked to a former Ledger employee who fell victim to a phishing attack. The incident unfolded when the former employee's NPMJS...

JPMorgan Chase & Co (NYSE: JPM) expressed a cautious stance towards the cryptocurrency market heading into 2024. However, the bank anticipates Ethereum's Ether (CRYPTO: ETH) to surpass Bitcoin (CRYPTO: BTC) and other digital currencies in performance, attributing this to an upcoming...

In a significant development impacting the decentralized finance (DeFi) sector, the decentralized exchange SushiSwap (CRYPTO: SHUSHI) has reportedly fallen victim to a front-end exploit. Matthew Lilley, the Chief Technology Officer (CTO) of Sushi, issued a warning about a widespread...

Even as major cryptocurrencies including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading at psychologically important levels amid anticipation over approval of spot Bitcoin ETFs, a pseudonymous crypto strategist expressed a bullish stance on Cosmos (CRYPTO: ATOM) and hinted at the...

Several utility tokens have been identified as potential standouts in the upcoming cryptocurrency bull run by investment research platform Token Metrics, each offering unique features and innovations in the Web3 space. Contentos: A New Era For Digital Content: Contentos aims to transform...

Mike Novogratz, the head of Galaxy Digital (OTC: BRPHF), has expressed a significant shift in his views regarding Ripple (CRYPTO: XRP), recognizing it as a substantial institution and acknowledging the dedication of its community, often referred to as the "XRP army." In a...

Crypto exchange Coinbase Global Inc. (NASDAQ: COIN) on Tuesday announced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions, designed to facilitate the creation, purchase and sale of digitally native assets. The first transaction on...

S&P Global Ratings assigned a "constrained" stability assessment to stablecoin issuer Tether (CRYPTO: USDT), raising concerns due to limited transparency in its reserve management and asset composition. What Happened: The firm's assessment of '4' reflects concerns over the...

BNB Chain (CRYPTO: BNB) recently released its tech roadmap for BNB Greenfield, touting an enhancement that is expected to help the system handle more transactions seamlessly. The blockchain associated with Binance Coin looks to target both Web2 and Web3 developers, focusing on enhancing user and...

Trader Joe, a leading decentralized exchange (DEX) on the Avalanche (CRYPTO: AVAX) blockchain, achieved a significant milestone on Dec. 11, with its fee capture reaching $1.23 million and revenue hitting $145,000. These figures represented the second-highest levels recorded for the platform within...

El Salvador's much-anticipated Bitcoin (CRYPTO: BTC) bond, dubbed the "Volcano Bond," has received regulatory approval, paving the way for its launch in the first quarter of 2024. This move marks a new chapter in the country's embrace of Bitcoin and its integration into the...