Man Behind Twitter’s epic 2020 Hack Charged With $784,000 in Crypto Theft
One of the culprits of last year’s big Twitter breach, Joseph James O’Connor, has been accused of yet another felony involving the theft of $784,000 in cryptocurrencies via a SIM swapping fraud. According to Reuters, the 22-year-old and his collaborators targeted three cryptocurrency firm leaders during the fraudulent scam, which took place between March and […]
Layer-2 and multi-chain DeFi platforms see groundbreaking inflows as Ethereum fees rise
Since at least 2014, when Ethereum Network co-creator Vitalik Buterin declared in relation to Bitcoin, “The ‘Internet of Money’ should not cost $0.05 per transaction,” high transaction fees have been a thorn in the side of investors and blockchain projects. It’s a little ridiculous.” In November 2021, authorizing a token so that it can be […]
BTS, the Korean pop sensation to release band NFTs and video games
BTS, a Korean boy band, has announced plans to release its own NFTs. Given the nature of the place, it’s not surprising that artists and celebrities have entered the NFT universe. NFTs provide authors full ownership of their work, and everyone who buys it has verifiable data on the blockchain that proves they are the […]
Risk Harbor slated to take over decentralized insurance protocol Ozone on Terra network
According to a press statement issued on Thursday, Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will shortly acquire control of Terra’s Ozone Protocol. Ozone is a decentralized insurance mechanism that protects the Terra DeFi ecosystem in the event of technological problems. The latter is a dual-token platform that includes the LUNA […]