Crypto Hacks Rise in 2024, Smart Contracts Not at Fault
Crypto hacks surge by 42% in early 2024, with $542.7M stolen as hackers adapt tactics. In 2024, cryptocurrency hackers and exploiters may be on the brink of a more prosperous year, potentially surpassing their accomplishments from 2023. Hackers stole digital assets valued at $542.7 million in the first quarter of 2024, a 42% increase from […]
NYAG Sues 2 Firms For $1B Crypto Fraud
Letitia James, the New York Attorney General (NYAG), has filed a lawsuit against two firms for orchestrating a billion-dollar pyramid scheme in a significant crackdown on crypto frauds. Letitia James has initiated legal proceedings against AWS Mining and NovaTech, alleging they are participating in substantial cryptocurrency fraud. The lawsuit alleges that the firms and their […]
Appeal Echos To Rescue Binance Executive In Nigeria
108 ex-prosecutors and feds called to rescue Binance executive in Nigeria, saying that the US government’s decision not to help Tigran Gambaryan is dire. Tigran Gambaryan is the head of financial crimes and compliance at Binance. A letter signed by over 100 former federal prosecutors and agents of the United States demands that the U.S. […]
How Tokenization is Creating New Investment Opportunities in DeFi
We will explore how tokenization creates new investment opportunities in DeFi, exploring its mechanisms, benefits, and challenges. In recent years, decentralized finance (DeFi) has revolutionized the financial industry, offering a decentralized, transparent, and permissionless alternative to traditional financial systems. Central to this transformation is the concept of tokenization, which is creating new and exciting investment […]
Bitcoin’s L2 Merlin Chain Reveals Merlin Phantom for Bitmap
Merlin Phantom for Bitmap is now available, with gas-free transactions, zero swap fees, and significant rewards for early adopters. Merlin Phantom for Bitmap was eagerly anticipated for its release, which will introduce a revolutionary platform that will transform the experience for cryptocurrency users. This platform is currently operational and enables users to exchange one bitmap for 10,000 bitmap […]