News

Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.

INJ Skyrockets 11% as Injective Announces Gumi as Validator, Debuts Token Paper

Altcoin News, Cryptocurrency News, News By Anisha Pandey June 7th, 2024

The paper stated that INJ will be used “as the default asset to facilitate the purchase and sale of goods and services between parties on the blockchain” and is secured via staking, an essential use case for the altcoin.

Scam Alert: Trust Wallet Reports Cloned Apps on Xiaomi and Amazon Stores

Cybersecurity News, News

By Chimamanda U. Martha June 7th, 2024

This is not the first time scammers have cloned crypto apps and listed them on popular online marketplaces where users frequently download apps for trading cryptocurrencies.

Starknet Reaffirms Commitment to Ethereum as It Plots Bitcoin Expansion

Blockchain News, Cryptocurrency News, News

By Godfrey Benjamin June 7th, 2024

Starknet’s innovations are intended to benefit both the Ethereum and Bitcoin communities equally.

Press Release

Pandora Chain: A Strong, High-Performance Public Blockchain Needed for Large-Scale Web3 dApps

By Kseniia Klichova June 7th, 2024

Pandora Chain is an innovative Layer 1 public blockchain, designed for complex computations with high scalability and efficiency.

Press Release

Analyzing Tapbit Exchange’s Recent Sharp Increase in Ranking and Its Prospects

By Andy Watson June 7th, 2024

As the market evolves, Tapbit’s focus on innovation, community engagement, and operational excellence will likely drive its future successes, making it a notable player in the centralized exchange market.

Blockchain News, Cryptocurrency News, News

SUI Jumps 4%, Sui Generis to Debut Art Ecosystem Leveraging Blockchain

By Anisha Pandey June 7th, 2024

Sui Generis seeks to expand its presence, outdo its previous accomplishments, and build “a phenomenon never seen before on any blockchain”.

Market News, News

VanEck Advisor Calls Out TradFi ‘Hypocrisy’ as GameStop Frenzy Returns

By Mayowa Adebajo June 7th, 2024

Prominent figures like Gurbacs are using this event to highlight perceived inconsistencies in regulatory practices.

Artificial Intelligence, Cryptocurrency News, News

Elliptic Report: AI-Driven Crypto Crime on Steep Rise

By Bhushan Akolkar June 7th, 2024

The Elliptic report emphasized the growing use of deepfake technology by scammers on social media to deceive victims into surrendering their crypto funds.

Altcoin News, Cryptocurrency News, News

FSS Study: 70% Crypto Exchanges in South Korea Fail to Refund Investors on Shutdown

By Bena Ilyas June 7th, 2024

South Korea mandates stricter compliance by July 2024 to protect investors from exchange failures.

Cryptocurrency News, News

Over 100 Former US Prosecutors Strive to Secure Binance Executive’s Release in Nigeria

By Chimamanda U. Martha June 7th, 2024

The Economic and Financial Crimes Commission (EFCC) of Nigeria claimed that Binance along with the two employees laundered up to $35 million through its platform.

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