HashFlare founders convicted for $575M crypto scam
The creators of HashFlare have been accused of taking part in a scheme to launder money and commit crypto fraud of up to $575 million. The two creators of the now-defunct cloud Bitcoin mining service HashFlare were detained in Estonia on suspicion of participating in a $575 million crypto fraud scheme. This includes getting victims […]
5 best Web3 messaging applications
Web3 messaging applications are one of the innovative results of a technology that ultimately strives to improve communication while protecting user privacy. Web3 is the third generation of the World Wide Web that provides users with complete control over their digital data. The Web3 messaging applications allow for effective communication while preventing data breaches and […]
Top 10 crypto market trends in 2023
These crypto trends were chosen due to their rapid growth on sites such as Google, TikTok, Instagram, Reddit, Twitter, YouTube, and Amazon. Cryptocurrency is still a hot topic that has piqued the curiosity of individuals, investors, corporations, and even governments. In 2022, the Crypto Market witnessed numerous occurrences, some of which were positive and some […]
Grayscale withholds on-chain reserves proof for security reasons
Grayscale published a letter attesting that each of Grayscale’s crypto products is fully backed, but did not provide wallet addresses. Grayscale Investments, a cryptocurrency investment product provider, has refused to give on-chain proof of reserves or wallet addresses to demonstrate the underlying assets of its digital currency products, citing “security concerns.” The crypto investment provider […]
South Korean court freezes Terra co-founder asset worth $104M
South Korean Court to seize $104 million worth of assets from Terra co-founder, based on a request from the prosecutors. While FTX grabbed the spotlight away from other fell ecosystems, South Korean authorities are working to offer closure to the victims of the year’s first crypto crash, Terraform Labs. South Korean authorities froze roughly $104.4 […]