Freeway Halts Crypto Withdrawals, Erases Execs
The UK-based cryptocurrency platform Freeway, which gave users up to 43% returns through so-called “Supercharger simulations,” has been called a “$100m+ rug” after it stopped all withdrawals and took off its website information about its executives. The website says that the assets of these Supercharger simulations are worth more than $161 million. Freeway users buy […]
Tesla Reports Loss in Failed Bitcoin Investment
During the first quarter of 2021, the company put more than $1.5 billion into the coin. In a regulatory filing, Tesla said that it lost $170 million on its investment in Bitcoin during the first nine months of this year. It also said that it made about $64 million by turning some of the Bitcoin […]
Robinhood Adds Support For Cryptocurrencies Aave and Tezos
On Monday, the company announced on Twitter that the trading app Robinhood Markets (HOOD) now supports the cryptocurrencies Aave (AAVE) and Tezos (XTZ). Even though cryptocurrency prices have been low since the beginning of 2022, Robinhood Markets (NASDAQ: HOOD) has let its users buy and sell Aave (AAVE-USD) and Tezos (XTZ-USD), which are both down […]
Arbitrum Boss Brushes-off Start of Its First Ever Mainnet zkEVM
Steven Goldfeder, one of the people who started Arbitrum, has said that a zkEVM is “not 12 days away from mainnet.” The co-founder of OffChain Labs, the company behind the layer-2 scaling solution Arbitrum, has spoken out against companies that are marketing the launch of products built on an upcoming zkEVM. zkEVMs are a type […]
TempleDAO Hacker Moves $2.5M Worth of Ether to Tornado Cash
Last week, more than $2 million was stolen from TempleDAO. The person who hacked TempleDAO’s decentralized finance (DeFi) protocol last week has moved all of the money they stole to Tornado Cash in multiple transactions over the past 24 hours. Temple DAO, which lets its users earn interest on their crypto holdings, was one of […]