Former Alameda Research Engineer Exposes Security Flaws and Losses A former software engineer at Alameda Research, Aditya Baradwaj, has revealed several security flaws that allegedly caused the hedge fund’s sister company, FTX, to lose around $200 million. Baradwaj took to Twitter to share…
Venezuelan Opposition Leader Leopoldo Lopez Embraces Crypto to Overcome Censorship Leopoldo Lopez, a prominent figure in Venezuela’s opposition movement, has praised cryptocurrencies as a tool for overcoming censorship. In an interview with Chainalysis, Lopez highlighted the importance of crypto in helping Venezuelans preserve…
Evidence Suggests Binance Responsible for Leaking Alameda Research’s Balance Sheet During Sam Bankman-Fried’s trial, evidence was presented indicating that he held Binance accountable for leaking a balance sheet for Alameda Research to CoinDesk. This incident played a crucial role in the collapse of…
Cristiano Ronaldo and Binance Launch Third NFT Collection Cristiano Ronaldo has partnered with Binance to release the third NFT collection called “CR7 ForeverZone.” The collection includes 50,000 mystery boxes filled with exclusive prizes. Some lucky fans will have the chance to win a…
Judge Signs Multiple Orders in Binance Vs SEC In the ongoing legal battle between Binance and the SEC, Judge Amy Berman Jackson has signed multiple orders to clear pending motions. These include an amicus brief filed by USDC issuer Circle, who argues that…
JPMorgan Predicts 20% Reduction in Bitcoin Hash Rate After Halving Event JPMorgan has released a report stating that the upcoming halving event in April 2024 could lead to a 20% decrease in the Bitcoin hash rate. This reduction would occur as older mining…
Real USD Stablecoin (USDR) Loses Peg to USD In a recent development, the Real USD (USDR) stablecoin has lost its peg to the U.S. dollar, causing its value to plummet to just $0.5. This sudden depegging has resulted in a significant drop in…
This Year Has Been Challenging for Dogecoin Dogecoin (DOGE), the popular dog meme-inspired cryptocurrency, has had a tough year. It has experienced losses on all its charts and has seen a significant decline in daily transactions over the past month and a half.…
Avalanche-based Social Protocol Stars Arena Recovers 90% of Funds Lost in Security Exploit Stars Arena, a social protocol built on the Avalanche blockchain, has successfully recovered approximately 90% of the funds that were lost during a security exploit last week. The team was…