Fake Rabby Wallet scam linked to Dubai crypto CEO and many more victims
Magazine follows a trail of clues left behind by the fake Rabby Wallet scammer to uncover a network of scams and links to a Dubai crypto CEO.
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Tokenized real estate market could hit $1.4T despite a slow start, report claims
London-born advisory and accountancy network Moore Global has published a new report gathering expert opinions worldwide about the future of the tokenized real estate market. 1106 Total views 4 Total shares Tokenized property remains niche, largely due to its relative novelty and remaining regulatory uncertainties. Yet a new report has noted that even if just…

Tornado Cash DAO goes down without explanation following vote on treasury funds
Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. 192 Total views 2 Total shares The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury…

3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins
Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January. Market caps during the 2022 holiday period. Source: Arcane ResearchWinklevoss Letter to DCG stirs up bankruptcy FUDOn Jan. 2,…

DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user. 202 Total views 3 Total shares Ethereum fees are at record level but even so, one Uniswap user paid well over the going rate with a gas fee of $36,000 for a single transaction.Crypto twitter has…

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one

Elon Musk says posts busted by Community Notes won’t earn revenue share
Elon Musk assured those attempting to “weaponize” the community notes feature will be immediately found out. 96 Total views 6 Total shares Posts corrected by X’s community-driven fact-checking feature will be “ineligible for revenue share,” to stem the flow of misinformation and sensationalism, says Elon Musk. In an Oct. 29 X post, the executive chairman

REN price gains 65% after Catalog launch brings a cross-chain DEX to its blockchain
Decentralized finance projects like Ren pumped in 2021, only to finish the year right back when they started as high fees on Ethereum (ETH) led to decreased activity for many protocols and DeFi took a backseat to more popular sectors like nonfungible tokens (NFTs). Now, it appears as though that downtrend is in the process of…

Cointelegraph Research: Valuing a crypto payment token
For payment tokens such as Alchemy Pay’s ACH, there may not necessarily be a world where cryptocurrencies are widely accepted as a medium of exchange for everyday transactions, such as buying a gallon of milk in the grocery store, without fiat. This is because two parallel economies exist, and bridges between fiat and cryptocurrency are…