Earlier today, President Nayib Bukele of El Salvador hit back at critics after a profitable turnaround in the country’s Bitcoin investments. Amid Bitcoin’s exciting comeback, El Salvador’s controversial bet on the cryptocurrency appears to be paying off. “Take Back” Your Statements, Bukele In a post on the social media platform X (formerly Twitter), the Salvadoran ...
In the past week, several crypto investors lost about $2 million after a malicious actor conducted a series of “address poisoning attacks” on Safe Wallet users. The recent security breaches resulted from hackers misusing some Ethereum contract functions. Address Poisoning Attacks on Safe Wallet As per a report by Scam Sniffer, since last week, the ...
Ever heard of the saying, “every great journey begins with a single step?” For large NFT creators, that first and single step is NFT minting! You have likely heard about NFTs on social networks and success stories of artists making fortunes overnight through NFT minting. But what does minting mean in crypto, and how does ...
Bitcoin (BTC) and crypto markets are trending upwards today, with the general crypto market cap rising by close to 2% in the past hours. The current upsurge is a product of the ongoing spot bitcoin ETF mania within the cryptocurrency community. BTC’s Price Action Today Bitcoin is currently on a strong bullish trend despite starting ...
In an interesting tale of growth, stablecoin issuer Paxos, announced that it earned in-principle approvals (IPAs) to operate in Abu Dhabi Global Markets. The latest development ensued after the blockchain-focused network earned approval to operate in Singapore. Paxos Earns Abu Dhabi Approvals Per a press statement via PRNewswire, the stablecoin provider received approval from Abu ...
Famous football star Cristiano Ronaldo finds himself embroiled in a legal feud, with a new class action lawsuit filed against him, citing his promotional activities with the currently troubled exchange Binance. This is unsurprising as the exchange continues to withstand attacks from US watchdogs following a guilty plea and $4.3 billion settlement. Cristiano Ronaldo Sued ...
Australian crypto exchange network Swyftx and Blockchain forensic firm TRM Labs recently collaborated to combat an escalating issue of cryptocurrency fraud. As part of the collaboration, the duo aims to reduce the millions of losses Aussies face because of cryptocurrency fraud. Swyftx and TRM Labs Collaborate The duo announced a novel project that will pay ...
SBI Holdings, a major financial services company, announced a key collaboration with Circle, the issuer of USDC stablecoin, to redefine Japan’s virtual currency economy. This move comes a few months after the Japanese government devised a strategy to spring up the web3 industry. SBI and Circle Collaboration The new deal comes after the duo’s recent ...
A strong legal battle is brewing in the crypto realm, with football giant Atletico Madrid reportedly planning to sue crypto exchange WhaleFin for failing to pay €40 million ($44 million) in sponsorship revenue. These developments underscore other football clubs’ dilemma with delayed and unpaid sponsorship deals from crypto projects. Atletico Madrid vs WhaleFin Atletico contends ...
Stefan Sanetrik
