Tether’s USDT Goes Live on TON Blockchain
Stablecoin issuer Tether has launched its USDT stablecoin on Telegram’s Web3 ecosystem, The Open Network (TON). Tether announced the launch of the gold-pegged Tether Gold (XAUT) stablecoin on TON on April 19, in addition to the information above. The announcement coincided with the keynote addresses delivered by Pavel Durov, the creator of Telegram, and Paolo […]
SEC Revises Lawsuit Against Tron Founder Justin Sun
In an updated lawsuit, the SEC charges Justin Sun of selling unregistered securities via Tron and BitTorrent tokens. Sun’s extensive U.S. travel generates jurisdictional claims. Recent amendments were made to the litigation filed by the United States Securities and Exchange Commission (SEC) against Justin Sun, the renowned developer of Tron. According to the SEC, Sun allegedly participated in the […]
Scammers Use Google Ads to Promote Phishing Site – Report
According to a report by BleepingComputer, scammers are advertising fraudulent crypto websites using Google’s Ads platform. Google seems to be endorsing a malevolent cryptocurrency website that redirects users to a cloned fraudulent website, which exploits users’ cryptocurrency using Google Ads, an online advertising platform that allows companies to display advertisements on Google’s search engine results […]
Hedgey Finance Loses $44 Million to Exploit
Token infrastructure platform Hedgey Finance has experienced two concurrent Defi exploit, resulting in the loss of funds totaling $44.7 million. A breach on the Arbitrum network affecting Hedgey compromised more than $42.8 million worth of Arbitrum (ARB) tokens, according to an April 19 X post by on-chain security firm Cyvers. An adversary has reportedly transferred […]
COIN & MSTR Rally Amid Market Recovery
Today, amidst the market recovery, popular crypto stocks Coinbase (COIN) and MicroStrategy (MSTR) experienced a remarkable rally. Today, the cryptocurrency market experienced a noteworthy resurgence as Bitcoin (BTC) reclaimed the $65,000 threshold. This resurgence infused the market with renewed optimism, which fueled the performance of numerous crypto-related equities. Furthermore, during the pre-market session, Coinbase (COIN) […]