Gala Games is a crypto games company that fell victim to a hack on May 20th, 2024. An unauthorized user was able to mint and steal $200m worth of GALA tokens. The firm was quick to act and froze the remaining stolen tokens to prevent further loss within 45 minutes of the breach. However, in […]
Binance has announced its investment in Aevo, a decentralized derivatives exchange (DEX). Aevo is an EVM roll-up based on a custom blockchain on the OP Stack. With its type of technical architecture, quicker and faster transactions are gained compared to traditional blockchain. Users have access to continuous trading with futures and options, pre-futures trading, and […]
Coinbase, in collaboration with Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organization (GASO), has launched the Tech Against Scams coalition. The main focus of this strategy is to reduce the incidences of fraud and scams, which affect the consumption of technology-based products and services. Source: Coinbase Launched in June 2021, Tech Against […]
Jupiter Exchange has launched the Giant Unified Market (GUM) initiative on the Solana blockchain, which aims to integrate various investments into a single market accessible to global investors. The GUM Alliance, comprised of leading teams in asset handling, liquidity, and distribution, plans to bring together investments such as meme coins, real-world assets, stocks, and forex […]
Today, Donald Trump’s President campaign launched a fundraising page that allows any federally approved donor to give through its joint fundraising committees using any cryptocurrency accepted by the Coinbase Commerce product. This addition to President Trump’s already ground-breaking digital fundraising campaign marks the first time a major party presidential nominee has accepted cryptocurrency donations. Contribution […]
RippleX has recently introduced the latest awards of the XRPL Grants where 7 projects were selected to be funded. This wave has an array of shape creators with a distinct vision to contribute to the XRP Ledger or XRPL. The XRPL Grants program is one of the ways Ripple is actively contributing to the XRPL […]
Uniswap Labs has issued a response to the Securities and Exchange Commission’s Wells notice on the allegations that their Decentralized Exchange has violated the exemption laws of securities and acted as an unincorporated and unregistered securities exchange and an unaccredited broker dealer. Uniswap Labs argues that the SEC’s attempt to classify their DEX as a […]
Digital companies from the dating app, financial services, social media, and cryptocurrency sectors revealed a new alliance on Tuesday called Tech Against Scams to aid in the fight against financial scams and internet fraud that target consumers in various industries. We’re proud to announce the Tech Against Scams coalition. Scams are a tech-wide issue and […]
The cryptocurrency market has seen several currencies post significant gains in the last 24 hrs, signaling strong investor interest and market confidence. Floki Inu (FLOKI), Pepe (PEPE), Bonk (BONK), Ethereum (ETH), and Lido DAO (LDO) all experienced substantial upticks in both price and trading volume, with notable increases in their market capitalizations. Floki Inu (FLOKI) […]
As the overall crypto market begins to show signs of strength, Ethereum, the largest altcoin, sees an overnight increase in price. The bullish resurgence takes back the psychological $3,500 mark as the underlying demand increases in tandem with the improving sentiment surrounding the approval of the Ethereum ETF. Additionally, Ethereum’s bull run is further fueled […]