Web3 Archives - Page 38 of 49

Illustration of a hacker behind a computer screen with cryptocurrency symbols, representing North Korean involvement in crypto theft.

North Korean Workers Tied to $1.3M Crypto Theft: A Sophisticated Cyber Heist Unveiled

August 15, 2024 Dan K

North Korean IT workers, posing as crypto developers, stole $1.3M from a project’s treasury, revealing a widespread cyber scheme involving over 25 projects.

WazirX cryptocurrency exchange undergoes system outage for balance restoration following a major security breach.

WazirX Undergoes 8-Hour System Outage for Balance Restoration After Hack

August 15, 2024 Dan K

WazirX schedules an 8-hour outage to restore balances and reverse unauthorized trades after a $234M hack, impacting one of India’s largest crypto exchanges.

Altcoins

Cumberland Deploys $1 Billion in Tether as Crypto Market Shows Signs of Recovery

August 13, 2024 Dan K

Cumberland deployed $1B in Tether to major exchanges during a crypto market recovery, possibly capitalizing on the recent market dip for profit.

Canadian cryptocurrency exchange ezBtc accused of gambling away $9.5 million of user funds.

Canadian Crypto Exchange ezBtc Accused of Gambling Away $9.5 Million in User Funds

August 13, 2024 Dan K

Canadian crypto exchange ezBtc accused of gambling away $9.5M in user funds, leading to its dissolution. Sanctions against founder expected soon.

Mark Zuckerberg partners with Scale AI’s Alexandr Wang for Meta’s Superintelligence initiative

Trudeau’s Rival Pierre Poilievre Pushes to Ban Central Bank Digital Currency in Canada

August 12, 2024 Dan K

Pierre Poilievre vows to ban a central bank digital currency in Canada, advocating for the protection of cash and resisting government digitization.

A peaceful view of Santa Teresa de Cóbano beach, where Israeli tourists were robbed of $700K in Bitcoin.

Israeli Tourists Robbed of $700K in Costa Rica Bitcoin Heist

August 10, 2024 Dan K

Eleven Israeli tourists were robbed of $700K in Bitcoin during a violent Costa Rica attack, raising alarms about the escalating threat of crypto crime.

A digital representation of Tether's USDT stablecoin reaching a $115 billion market cap milestone.

Tether’s USDT Achieves $115B Market Cap Milestone

August 10, 2024 Dan K

Tether’s stablecoin USDT surpasses a $115 billion market cap, showcasing its growing adoption as a stable digital dollar in the cryptocurrency market.

Image showing Andrena's rooftop wireless equipment providing decentralized internet services.

Solana DePIN Project Raises $18M To Build Decentralized Internet

August 8, 2024 Dan K

Andrena, a Solana-based DePIN project, raises $18M to expand its decentralized internet services using the DAWN protocol, democratizing internet access.

Bybit introduces Pre-Market Perpetuals, allowing early trading with up to 5x leverage on upcoming tokens.

Bybit Launches Pre-Market Perpetuals for Early Trading

August 6, 2024 Dan K

Bybit introduces Pre-Market Perpetuals, allowing traders to speculate on future token values with up to 5x leverage, enhancing early trading strategies.

View of the US Capitol Building in Washington, DC.

US Senators Urge CFTC to Ban Betting on 2024 Presidential Election

August 6, 2024 Dan K

US Senators and Representatives call for a ban on 2024 election betting, citing risks to democracy and concerns over platforms like Polymarket.