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The Hashrate of the Bitcoin Network: An Upward Trend in Mining Power

The hashrate of the Bitcoin network has experienced a remarkable upward trend. As of May 30, 2023, the hashrate stands at an impressive 399.03 million terahashes per second (M TH/s),…
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Ordinals Market and Bitcoin Miladys Introduce BRC-721E Standard for Immutable ERC-721 NFT Migration

In a significant development for the blockchain and digital art community, Ordinals Market and Bitcoin Miladys have announced their collaboration to introduce the BRC-721E standard. This new standard enables the…
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Cryptocurrency Miners Could Be Spared from Proposed Energy Tax

A tentative agreement has emerged aimed at preventing the United States government from defaulting on its debts. Ohio Representative Warren Davidson has indicated that the proposed deal would likely eliminate…
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EDE Exploit: El Dorado Exchange Vulnerability Reveals $580,000 Loss

In recent developments, $EDE The El Dorado Exchange DEX (Decentralized Exchange) have fallen victim to an exploit, resulting in losses of approximately $580,000. This incident has raised concerns within the…
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Pancake Swap Launches Tower Defense Game with CAKE Token Rewards

Pancake Swap, a popular decentralized exchange, launched an immersive tower defense game called “Pancake Protectors.” This game introduces an innovative concept of incorporating the native token CAKE, allowing players to…
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Russia Considers Using Cryptocurrency for International Payments

Cryptocurrency has been a hot topic in the financial world for several years now, and its influence continues to grow. In a bold move, Russia is now considering embracing cryptocurrency…
Polygon Price Prediction Why Meta and JPMorgan Can Send MATIC to 10

zkBridge Announces Full Integration with Polygon

zkBridge, a leading blockchain interoperability solution, has exciting news for the blockchain community. The platform has announced its full integration with the Polygon network, revolutionizing the way blockchain systems can…
huobi

Huobi HK Applies for Virtual Asset Exchange License, Offers Crypto Spot Trading in Hong Kong

Cryptocurrency exchange Huobi HK has made significant strides in expanding its services in Hong Kong. Recently, the exchange applied for a virtual asset exchange license, enabling it to offer crypto…
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Trezor Experiences Soaring Sales Despite Vulnerability Concerns

Trezor, a leading hardware wallet manufacturer, has seen a huge boost in sales after its rival Ledger faced backlash over its Recover feature. However, a new video by Unciphered reveals…
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BabyDogeCoin Exploited for 437 BNB ($137K) in a Single Transaction

BabyDogeCoin, a spinoff of the popular Dogecoin, has been exploited by an unknown attacker who stole 437 BNB (Binance Coin) worth about $137K from the project’s liquidity pool. The exploit…
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US Debt Ceiling Agreement Sparks Small Rally in Crypto Market

The agreement to raise the US debt ceiling brings a sense of relief to the financial markets, including the crypto industry. As negotiations continued between President Biden and House Speaker…
jimbosprotocol

Massive Hack Results in 4,090 ETH Loss, Worth Approximately $7.5 Million

Funds worth $7.5 million have been stolen and exploited from Jimbos Protocol.The stolen funds were subsequently bridged to an Ethereum address Hack has resulted in the loss of a substantial…
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The Rise in Crypto Airdrop Scams: Protecting Yourself and Your Cryptocurrency

Cryptocurrency airdrops have become a popular way for new projects to distribute their tokens to a wider audience. However, alongside the legitimate airdrops, there has been a rise in crypto…
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The Sandbox CEO’s Twitter Account Hacked

Arthur Madrid, the co-founder and CEO of the renowned metaverse project, The Sandbox, fell victim to a malicious Twitter account hack on May 26. The incident came to light when…
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Nigerian Crypto Platform Patricia Temporarily Suspends Fund Withdrawals Following Security Breach

Patricia, a prominent Nigerian platform specialising in gift card and crypto trading, has taken immediate action to safeguard its users’ interests after falling victim to a security breach. The incident…
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Beijing Releases White Paper for Web3 Innovation and Development

Beijing, the capital city of China Releases White Paper for Web3 Innovation and Developmentna, has recently unveiled a comprehensive white paper aimed at promoting innovation and development within the web3…
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LayerZero’s Stargate Proposes Measures to Address Multichain Concerns

In response to growing concerns about the Multichain protocol, LayerZero’s cross-chain bridge protocol, Stargate, has issued a proposal aimed at addressing the potential risks associated with the Fantom Pool and…
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JPMorgan Predicts Bitcoin’s Potential Surge to $45,000

According to JPMorgan analysts, Bitcoin is expected to reach a potential price of $45,000, drawing comparisons to the surging gold prices. While the outlook is optimistic, the bank remains cautious…