McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
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Ukraine collabs with international consultants to update crypto framework
The Advisory Council on the Regulation of Virtual Assets held its first meeting, dedicated to adjusting the National Tax Code to the crypto market. Own this piece of crypto history Collect this article as NFTWorking on their national crypto framework, the amendments to the law “On virtual assets,” the Ukrainian regulatory community actively collaborates with international…
Ethereum network burns $395K ETH per hour after London upgrade
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke. 104 Total views 2 Total shares Approximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on August 5.The highly anticipated London hard fork went live on Wednesday this week, ushering…
Solana (SOL) price is poised for a potential 95% crash — Here’s why
Solana (SOL) price rallied by approximately 75% two months after bottoming out locally near $25.75, but the token's splendid upside move is at risk of a complete wipeout due to an ominous bearish technical indicator.A major SOL crash setup surfacesDubbed a "head-and-shoulders (H&S)," the pattern appears when the price forms three consecutive peaks atop a…
OpenSea announces new security features to protect users from NFT scams
The new feature will automatically hide suspicious NFT transfers from view on their marketplace. One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens (NFTs).In light of the growing number of NFT scams, OpenSea has announced the launch of a new feature that will automatically hide…
NFT holders sue art gallery alleging it broke metaverse promise
A group of NFT holders sued the creators of the collection, claiming they made no significant steps to fulfill promised perks and had no knowledge of blockchain.
Smart Contract Firm Quantstamp Reveals Investment From Financial Giant Nomura
United States smart contract security company Quantstamp has announced its expansion to Japan following an investment from local financial giant Nomura Holdings. The news was revealed in a press release from Quantstamp published on March 6.According to the announcement, the U.S. firm has received a “significant investment” from Nomura, which provides investment, financing and related…
This year will produce gains some might call ‘shocking,’ Diginex CEO says
With Bitcoin on a dramatic price run, 2021 could be an eventful year for the crypto industry. 1516 Total views 6 Total shares Bitcoin (BTC) just recently broke through $35,000 as part of a tremendous price rally, in part the result of Bitcoin’s limited supply, according to Diginex CEO Richard Byworth. “Bitcoin is in the process…
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. 675 Total views 7 Total shares New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds…