Khamzat Chimaev’s Smash Token Faces Insider Trading Allegations
Insiders and developer accounts hold most of Khamzat Chimaev’s Smash (SMASH) crypto token, which raises concerns about insider trading for the celebrity memecoin. Chimaev, a prominent mixed martial artist and UFC contender, has initiated Smash, a memecoin. It is headquartered in Solana. According to an analysis conducted by the well-known onchain investigator, the purchase of […]
Telegram, Helika Gaming Partner for Accelerator with Notcoin
Telegram has announced the establishment of the Telegram Gaming Accelerator in collaboration with Helika Gaming in response to the success of its blockchain-powered mini-apps. The new initiative aims to enhance users’ gaming experience on the messaging platform by leveraging the recent substantial growth of mini-apps and blockchain technology. The initiative also aligns with the 200 […]
Nigerian SEC Requires VASPs to Establish Local Offices
Virtual Assets Service Providers (VASPs) are now required to establish an office within Nigeria to qualify for Nigeria’s Securities and Exchange Commission (SEC) framework program. The SEC stated in a website post that the Accelerated Regulatory Incubation Programme (ARIP), intended to enroll VASPs in the country, is only available to incorporated entities with an office […]
Consensys Integrates Wallet Guard to Boost MetaMask Security
Consensys disclosed that it has acquired Wallet Guard, a security tool that safeguards digital assets and data from theft, schemes, and fraud, aiming to boost MetaMask’s security. The objective of the acquisition is to enhance user protection within Web3 by incorporating Wallet Guard’s sophisticated security features into MetaMask. Wallet Guard’s expertise in transaction validation and […]
Bittensor Shutdowns Network Following $8M Exploit
Bittensor was compelled to halt its network activity on July 3 due to a wallet exploit that resulted in the theft of at least $8 million in digital assets. Ala Shaabana, the co-founder of Bittensor, declared the network outage in a post on July 3 to contain the exploit. “By way of an update, we […]