Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coin

The bankruptcies of once high-profile crypto players are “painful” but helpful said Michael Saylor but added industry oversight is still needed. Own this piece of history Collect this article as an NFTHigh-profile crypto bankruptcies and a hearty price crash are necessary evils to help the industry grow, while greater regulation is a must, according to…

Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. 56 Total views 7 Total shares Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50…

Bitcoin (BTC) neared two-month lows on May 12 amid fears that a “head-and-shoulders” pattern would put bears ahead.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis of BTC price: “Welcome to bearadise”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17.Despite encouraging macroeconomic conditions for risk assets, Bitcoin…

Research from JPMorgan Chase explores the potential of deposit tokens as a stabilizing force in the digital money landscape. 414 Total views 4 Total shares Own this piece of history Collect this article as an NFTJPMorgan Chase and consultants Oliver Wyman took a look at blockchain technology in commercial banking in a report released Feb.…

A community site set up to combat XRP fraud claims holders have lost 8.5 million tokens to fake airdrops and YouTube giveaway scams since 2019. 276 Total views 19 Total shares The Ripple Army has sent more than 8.5 million XRP to known fake airdrops and YouTube giveaway scams in the past year, according to…

Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. 324 Total views 8 Total shares The Great British pound sterling has fallen to the lowest level ever against the United States dollar. In a flurry of overnight trading activity, the…

Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces. 406 Total views 1 Total shares Pakistan will ban cryptocurrency services operating in the country and never legalize crypto trading, Minister of State for Finance and Revenue Aisha Ghaus Pasha said at…

OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries. 191 Total views 3 Total shares Blockchain-based metaverse and Web3 platforms have decided to form an Open Metaverse Alliance for Web3 (OMA3) to overcome the interoperability challenges of the industry. Four core principles of the Alliance are said…

One of Australia’s biggest banks is still wading through a sea of red tape spun by local financial regulators before launching its crypto products to all of its retail users. 52 Total views 9 Total shares Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app.…