Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him to...
Magnetic X Defends Against DDoS Attack on XRP Ledger
by fernando
TL;DR Magnetic X successfully repelled a DDoS attack. The platform has strengthened its security without giving in to the attackers’ demands. The exchange remains committed...
XRP Ledger to Implement Major Decentralized ID Upgrade on October 30
by fernando
TL;DR The XRP Ledger (XRPL) will be updated with the Decentralized Identifiers (DID) amendment on October 30. The amendment aligns DID operations on XRPL with...
Ether Faces Seven-Month Decline Amid Intensified Layer-1 Competition
by fernando
TL;DR The price of Ether has fallen by 36% over the past seven months due to competition between layer 1 (L1) blockchains. Solana stands out...
Tesla Makes First Bitcoin Moves in Two Years
by fernando
TL;DR Tesla made its first Bitcoin transaction in two years, moving $225 million worth of BTC. The company transferred a total of $760 million in...
Trump Surges to 16% Lead Over Harris in Polymarket Betting Odds
by fernando
TL;DR Donald Trump leads with a 57.9% chance of winning the election in Polymarket, compared to 41.8% for Kamala Harris. Bets on the election outcome...
Mint Blockchain Secures $1.35 Million to Lead NFT Innovation
by fernando
TL;DR Mint Blockchain secures $1.35M in OP tokens, the only Superchain approved by the OP Grants Committee. The funding will be used to attract developers...
Bitcoin ETF Inflows Surge by $555M: Is a Bull Market Imminent?
by fernando
TL;DR $555.90 million inflow into Bitcoin ETFs coincides with a surge in the cryptocurrency’s price. The rise in Bitcoin holdings in ETFs reflects investor confidence...
Zaros Launches Points Campaign Ahead of Future ZRS Token Airdrop
by fernando
TL;DR Zaros launches a points campaign on its testnet to reward users with zPoints. zPoints will be redeemable for the future governance token ZRS. The...
Vitalik Buterin Memecoin Sales and Donations Shake Crypto Market
by fernando
TL;DR Vitalik Buterin sold eight memecoins for a total of 651.6 ETH, equivalent to $1.62 million. In the past nine days, it has raised 1,101...