Cyber criminals pretending to be genuine IT professionals carried out a series of increasingly costly security breaches. These attacks caused nearly $1 million in stolen cryptocurrency from various Web3 projects. Onchain investigator and cybersecurity analyst ZackXBT first uncovered the incidents. Hackers compromised dozens of projects within the non-fungible token (NFT)...
CrocCoin’s launch on the Solana blockchain is certainly making waves. Another meme coin, you might think? Not quite. They’re shooting for a DeFi revolution—a jump from momentary mania to lasting purpose. This ambitious project, particularly its progressive decentralization model they call "SwampDAO," forces us to confront a crucial question: Is...
The crypto landscape is a minefield. Let's be honest. You think of all the overnight millionaires, all the rug pulls, all the crypto-speak that you don’t even understand. But scratch beneath the surface, and you'll find projects with the potential to reshape finance and empower individuals in ways we've never...
Let’s face it, the finance world is daunting. Centralized power, opaque systems, and a perpetual sense that you’re never truly in charge. What if it didn’t have to be this way? What if the very thing some criticize about Bitcoin – its hoarding by early adopters – is actually its...
Vietnam has taken a significant step towards the legitimization of digital and crypto assets with new legislation. The law gives the Vietnamese government leverage to develop tailored regulatory circumstances. This means enforcing anti-money laundering controls and creating cybersecurity standards on par with international guidelines. This move aims to improve Vietnam's...
Ripple and XRP don’t just talk about changing the world, they’re literally in the business of building it. That overall transformation is advancing more quickly than you think! To dismiss XRP’s ambition to start eating SWIFT’s lunch is the equivalent of scoffing at the rise of the internet back in...
After all, we all like the underdog story, aren’t we? Democratized finance through technology has lots of attractive features, including freeing us from the clutches of those Wall Street fat cats. It returns the decision-making power to you! That’s the siren song of Web3 and it’s super seductive. But CryptoZoo?...
Let’s not sugarcoat it, the CryptoZoo saga is a disaster. In the end, millions lost, promises broken, and a YouTube celebrity still country’s most-discussed plan. It’s tempting to view it as another cautionary tale in the wild west of Web3. What if, despite all this destruction, there is a silver...
Stablecoins are an essential part of the cryptocurrency economy. They represent a unique opportunity to provide greater stability and reliability in how we transact and store value. Of the many stablecoins on the market, Tether (USDT) and USD Coin (USDC) have risen to the top of the heap. Both seek...
This isn’t a death knell for NFTs. It's a birth pang. Hear me out.True, $10 million isn’t chump change, particularly for localities recently scorched by the DK Marketplace shutdown. The class-action suit, led by Justin Dufoe, claimed that DraftKings had sold unregistered securities in the shape of Reignmakers NFTs. Ouch....
