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The official Twitter account of Trezor, a prominent hardware wallet manufacturer, recently fell victim to a severe compromise, likely orchestrated through a SIM swap attack. The breach resulted in the dissemination of fraudulent messages promoting fake token sales and wallet scams. The suspicious activities were first brought to light by ZachXBT, an anonymous individual with
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The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple has consistently argued that XRP is a currency, not a security, and therefore should not be
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Bitcoin, the flagship crypto token, has shown promising fundamentals that suggest it is well-positioned for growth in the current bull market. Despite this positive outlook, the recent price decline of Bitcoin has raised concerns among investors. Data from the on-chain analysis platform CryptoQuant indicates that the supply of Bitcoin on exchanges has decreased by nearly
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In a recent controversial move, a Federal High Court in Nigeria has instructed Binance, the world’s largest cryptocurrency exchange, to hand over detailed data of all local users engaging in trading on its platform to the Economic and Financial Crimes Commission (EFCC). The court’s decision came as part of the ongoing crackdown on the firm
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The emergence of non-fungible tokens (NFTs) has brought about a need for continuous innovation and enhancement in the technology that supports them. One of the significant advancements in this realm is the ERC-7231 token standard. This standard aims to revolutionize NFTs by introducing new features and functionalities that can reshape the NFT landscape. The Core
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The US SEC has recently pushed back the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs), as per regulatory filings. Among the investment firms affected by these delays are VanEck, Ark Invest, Hashdex, and Grayscale. Notably, Grayscale has added a staking component to its ETH ETF application. Bloomberg ETF analyst James Seyffart, known
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