The company responsible for Atomic Wallet, a popular cryptocurrency wallet, is under fire as it requests the dismissal of a class action suit seeking damages from a $100-million hack. The Estonian-based firm argues that the claims should have been filed in Estonia, its home country, and not in the United States. This move, along with
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Kronos Research, a prominent market maker, trading firm, and venture capital fund based in Taipei, has recently fallen victim to a breach of its security system. On November 19, the company publicly disclosed the incident, announcing unauthorized access to its API keys through a post on X (formerly Twitter). As a result, Kronos Research suffered
The NFT space has experienced tremendous growth and excitement in recent years. However, this rapid expansion has brought forth several significant challenges. Scalability, security, and the lack of user-friendly NFT marketplaces have emerged as the key obstacles hindering the widespread adoption of this transformative technology. One of the primary issues plaguing NFT platforms is scalability.
The year 2023 has witnessed a significant increase in the focus on digital asset regulation. Governments and regulatory bodies across the globe have proposed various legal frameworks to enhance the safety and integrity of the crypto industry. One notable example is the EU’s adoption of MiCA. However, despite the recognition of the importance of regulations
In the week leading up to November 18th, XRP token prices experienced a decline after a surge in mid-October. Initially, the price rose from $0.49 to $0.72, but by Sunday morning in Tokyo, it fell to $0.61. This volatility in XRP prices has caught the attention of investors and cryptocurrency enthusiasts across the globe. John
It has been a year since the FTX exchange collapsed, causing significant turmoil in the cryptocurrency market. While the FTX collapse wiped out nearly $300 billion in market cap and impacted several cryptocurrencies, it seems that Bitcoin (BTC) has emerged as the top gainer, with a remarkable 120% increase in value. In this article, we
Cryptocurrencies have been increasingly used as a means of conducting illicit activities, including the sale and purchase of illegal drugs. One such example is the sale of fentanyl, a potent synthetic opioid responsible for a growing number of overdoses worldwide. However, recent research conducted by TRM Labs suggests that the growth rate of crypto-denominated fentanyl
Yearn.Finance’s governance token (YFI) experienced a significant drop of over 43% in just five hours on November 18th, causing concerns among investors about a possible exit scam. This sudden decline resulted in the loss of over $300 million in market capitalization from November’s gains, according to CoinMarketCap data. The YFI token, which had previously surged
Saturday November 18th 2023 – Move over Rollbit as GameFi sensation TG.Casino raises $2.5 million after raising $300,000 in one day, leaving less than 50% of $TGC tokens available to buy in its ongoing presale. The breakout of GameFi tokens such as Rollbit’s $RLB has been one of the key outperformers in the 2023 crypto
Tech firm Republic has made an exciting announcement, revealing its mission to democratize private market investing. To achieve this, Republic has selected Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note). This move marks a significant step forward in making private market investing accessible to a wider audience. Republic chose
