Blockchain analytics investigators have made a startling discovery. They have uncovered an individual who is allegedly involved in a cryptocurrency laundering operation. This operation is specifically targeting stolen tokens from recent high-profile exchange hacks. The investigations, spanning the summer months of 2023, have shed light on the methods employed by these hackers and their connection
After rejecting from upper-trendline resistance, ApeCoin (APE) has experienced a significant tumble of 8%. This latest drop adds to a nine-month cascade, leaving many investors worried about the future of ApeCoin. In addition, the broader Bored Ape Yacht Club (BYAC) ecosystem has been facing disarray, with the value of its NFT collection plummeting over the
Optimism (OP) has been performing impressively as it records gains in both the short and long term. With a 5% increase in the last 24 hours and a 15% gain in the last seven days, OP has attracted the attention of investors. This upward momentum aligns with the general recovery witnessed in the overall crypto
NEOBRED, a revolutionary blockchain horse racing game, has recently announced its acceptance into the prestigious Chainlink BUILD program. This program, renowned for providing guidance, mentorship, and grants to emerging blockchain projects, represents a significant milestone for NEOBRED as it continues to make waves in the gaming industry. The Power of Blockchain in Gaming NEOBRED offers
In the world of cryptocurrency, there is a constant search for the next big thing. Investors and traders are always on the lookout for tokens that have the potential to skyrocket in value. One such token that has been gaining significant attention lately is FWEN. With a surge of over 1,000% in on-chain trading, FWEN
October is becoming an increasingly significant month for several blockchain projects as they prepare for major token releases. Among them are Axie Infinity, Optimism, and Aptos, which collectively will inject over $130 million into the market. Notably, Axie Infinity leads the way with its AXS token, as it plans to release 15.1 million tokens on
Friend.tech, a decentralized social media platform built on Coinbase’s layer-2 protocol, Base, has recently experienced significant growth in terms of revenue and total value locked (TVL). According to data from Dune Analytics, Friend.tech’s revenue has surged to 10,663 Ether (ETH), while its TVL has exceeded 30,000 ETH as of October 2nd. Friend.tech was launched in
Coinbase, the popular cryptocurrency exchange, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Coinbase to extend its payment services in Singapore, enabling the exchange to provide digital token services to individuals and institutions in the country. The MPI license granted by MAS permits Coinbase
Kenya’s Ad hoc committee has conducted investigations into the actions of Worldcoin, a company accused of mining data from Kenyans through the scanning of their irises in exchange for cryptocurrency tokens. The committee, led by Narok West MP Gabriel Tongoyo, has alleged that Worldcoin’s activities constitute acts of espionage and pose a threat to the
In a significant exploit in the cryptocurrency space, the now-defunct FTX exchange fell victim to a hack a few hours after declaring bankruptcy, resulting in a loss of over $600 million. Recent on-chain data reveals that the FTX exploiter, whose address was identified as 0x3e9, has become active for the first time in 10 months
