Google ads still promote crypto phishing sites – CZ Binance

The CEO of Binance Changpeng Zhao (CZ Binance), in a tweet this week has issued a warning that Google search results are still favoring ads relating to cryptocurrency phishing and fraud websites. CZ highlighted that phishing sites with an “ad” tag were appearing in front of the legitimate website while searching for CoinMarketCap on Google […]
Solidus Labs: Web3 gets 15 new smart contract scams each hour

Smart contract frauds are becoming increasingly prevalent in the Web3 and cryptocurrency area, according to Solidus Labs, which claims to have discovered 15 new scams every hour on average. On October 27, Solidus Labs announced that since starting to monitor 12 blockchains, including Ethereum, Polygon, and BNB Chain on October 10, it had discovered 188,525 […]
Ripple discloses XRP holdings under 50% for first time

Ripple noted that its XRP ownership is declining and that it only “operates 4 of 130+ validator nodes on the XRPL.” For the first time in the history of the company, the amount of XRP tokens held by Ripple Lab has fallen below 50% of the entire circulating quantity. Some have questioned Ripple’s disproportionately substantial […]
Celsius trustee rejects $3M employee bonus motion

The Celsius Trustee has opposed the retention bonus, claiming that there is insufficient evidence in the motion to support such a significant payout and that it is unclear which individuals could be regarded as insiders. William Harrington, the U.S. Trustee in charge of the Celsius chapter 11 bankruptcy case, has objected to a move by […]