Latest ‘Satoshi’ reveal turns into a debacle: Meet Stephen Mollah

Shiba Inu (SHIB) prices soared on April 12 upon its debut on Robinhood, a U.S.-based commission-free trading platform.SHIB price climbed by more than 35% to 0.00003, its highest level in almost two months, before paring some gains. Nonetheless, SHIB was still on track to log its best daily performance since Feb. 6 when it rallied by…

You might not know Dreesus, but if you’ve been following crypto the last few months you’re likely familiar with his work.Following the launch of his Simple Cool Automatic Money ($SCAM) token, the pseudonymous developer garnered coverage from a seemingly endless list of mainstream and cryptomedia publications, including Vice, The Wall Street Journal, Benzinga, Mic, The…

Celebrities facing huge losses from BAYC NFTsThe hype behind the Bored Ape Yacht Club (BAYC) over the last year resulted in many celebrities investing in the Ethereum-based nonfungible token (NFT) collection with many, such as singer Justin Bieber, paying top dollar.Bieber paid 500 Ether (ETH) for BAYC #3001 on Jan. 29, which at the time…

A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action against Ripple Labs Inc.During the Feb. 26 hearing, the court asserted that transactions involving cryptocurrencies that are not deemed…

Cryptocurrency payment processor BitPay faces another publicity nightmare amid claims it blocked donations to Hong Kong for several weeks.According to a complaint on social media by Tom Grundy on Sept. 11, founder of crowdfunded media outlet Hong Kong Free Press (HKFP), BitPay suddenly began failing to pass on funds from donors. Press CEO: “Never use BitPay”HKFP…

The latest in a series of Ethereum 2.0 testnets, called Spadina, launched on Tuesday with mixed success.Spadina was proposed as a short-lived “dress rehearsal” for the mainnet launch process, signaling that Ethereum 2.0 Phase 0 is getting ever closer. The network launched on Sept. 29 at 12 P.M. UTC, and was intended to last for…

The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022. In an Aug. 29 public service announcement on the FBI's Internet Crime Complaint Center, the agency said the exploits have caused investors to lose money —…

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. 444 Total views 32 Total shares Own this piece of history Collect this article as an NFTCryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part…

The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week. 91 Total views 18 Total shares MakerDAO is voting on a proposal that will bring a traditional bank into its ecosystem for the first time, allowing the bank to borrow against…