Justin Sun Crypto Platforms Face 4 Hacks in 2 Months
In the past two months, hackers have repeatedly targeted the crypto platforms of Tron founder Justin Sun, with at least four of the most significant hacks affecting platforms associated with him. At least two hacks have occurred on Sun’s HTX cryptocurrency exchange since the platform changed its name from Huobi on September 13, 2023. The […]
User Claims $11M Reward in Blur token NFT Marketplace Airdrop
A pseudonymous nonfungible tokens (NFTs) trader earned approximately $11 million from a total reward pool of 300 million tokens, worth around $146 million through the Blur NFT marketplace‘s recent airdrop reward distribution. According to data from Dune analytics, a wallet named “hanwe.eth” utilized an Ethereum Name Service (ENS) identifier to claim 22,851,000 Blur (BLUR) tokens […]
Lugano Integrates Polygon Protocol into Its Crypto Payment App
Lugano will use the Polygon proof-of-stake protocol to power its payment app, MyLugano. The app will feature a multichain digital wallet and an NFT collection. Lugano, the economic capital of Italian-speaking southern Switzerland, has announced that it will integrate the Polygon proof-of-stake (PoS) protocol into its crypto payment app, MyLugano. The app serves 30,000 users, […]
South Korea to Test CBDC with 100K Citizens in 2024
The Central Bank of South Korea says the Central Bank Digital Currency (CBDC) pilot program will involve using deposit tokens to purchase products by 100,000 Korean citizens, The testing will start “around September to October” of 2024 and last for three months. Participants will only be able to use the CBDC for payment purposes, with […]
Silvergate Bank Repays All Deposits as It Winds Down Operations
Silvergate Bank has announced that it has fully repaid all remaining deposit liabilities as part of its voluntary liquidation plan. The bank suffered heavy losses from the collapse of the crypto exchange FTX in 2022. The California-based bank, known for its crypto-friendly services, has said that it has fully repaid all remaining deposit liabilities as […]