Friend.tech Users Suspect SIM Swaps for Over 100 ETH Drain
Four user accounts on friend.tech were compromised and drained after hackers gained control of their mobile numbers, in a short period. Users of Friend. tech has issued a warning about possible SIM-swap attacks following a spate of alleged breaches that resulted in nearly 109 ETH worth approximately $178,000 being drained from four users in less […]
Ripple Obtains MPI License in Singapore
Ripple lauded Singapore’s regulatory environment for allowing it to offer all crypto token services in the nation. Obtains an MPI license. On the same day the U.S. court denied SEC’s motion for an interlocutory appeal, Ripple received in-principle approval from the Central Bank of Singapore for its Major Payments Institution (MPI) license. Ripple is pleased […]
OpenSea Studio Launches For NFT Creators
Users of OpenSea Studio can mint NFTs directly into their personal accounts, thereby expanding their creative potential. OpenSea, the largest NFT marketplace in the world, has unveiled its new OpenSea Studio platform, a one-stop shop for creators to initiate and manage their projects. OpenSea’s mission with this new platform is to allow creators to focus […]
Friend.Tech Theft Sparks Decentralization Concerns
Several users reported falling victim to SIM swap attacks and suffering losses due to hackers exploiting their Friend. tech accounts. Some users have reported recently that their Friend.tech accounts have been hacked and their assets seized. While Friend. Tech has promoted itself as a decentralized social platform based on the Coinbase Base platform; recent events […]
Solana at $25: Co-Founder Criticizes Ethereum
Solana’s surge to $25 prompts Ethereum comparisons; co-founder envisions a stateless, decentralized digital realm. Recently, Solana has been on the crypto community’s radar due to a significant rally to $25 over the past two days. With Solana gaining prominence and becoming the seventh-largest cryptocurrency by market capitalization, Ethereum community members have begun to poke the […]