Polygon Cofounder Proposes ApeChain, a Custom Layer 2 for ApeCoin
Sandeep Nailwal, the cofounder of Polygon, a leading Ethereum scaling solution, has put forward a proposal to build a custom Layer 2 network for ApeCoin,...
Circle Launches Native USDC on Polygon
In a significant development, Circle, the issuer of the US dollar stablecoin (USDC), has announced the launch of native USDC tokens on Ethereum’s layer 2...
Crypto Market Uptober: Bitcoin Leads the Way as Altcoins Follow
The crypto market has seen a surge of activity in the past few days during “uptober”, as Bitcoin broke above $27,000 for the first time...
HTX Recovers Stolen Funds from Hacker and Pays 250 ETH Bounty
A hacker who stole 5,000 Ether (ETH) from Huobi Global’s cryptocurrency exchange HTX has returned the funds and received a 250 ETH bounty for doing...
Upbit Faces 159,000 Hacking Attempts in Six Months, Report Says
Upbit, one of South Korea’s largest cryptocurrency exchanges, has faced a surge of hacking attempts in the first half of 2023, according to a report...
Cardano Founder Clears the Air on Hydra Scaling Issues
Cardano founder Charles Hoskinson has recently addressed some of the misconceptions and criticisms surrounding the Hydra project, which aims to enhance Cardano’s scalability and performance....
THORSwap Takes Action Against the Movement of Illicit Funds on its Platform
THORSwap, a decentralized exchange (DEX) powered by THORChain, has announced that it is temporarily suspending its crypto trading operations due to the potential movement of...
Ether Futures ETFs Launch in the US, But Crypto Market Remains Unimpressed
The US cryptocurrency market witnessed the debut of the first exchange-traded funds (ETFs) that track Ether futures contracts on Monday, but the reaction from the...
SHIB Bulls Outnumber Bears by 485%: Is a Price Reversal Coming?
Shiba Inu (SHIB) is a memecoin that has gained popularity in recent months, thanks to its loyal community and viral marketing. However, the price of...
DOJ Says FTX’s SBF Cannot Escape Charges by Citing Unclear Crypto Laws
The former CEO of FTX, Sam Bankman-Fried (SBF), who is facing multiple criminal charges for allegedly stealing customer funds and committing wire fraud, cannot rely...