MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy.
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GridPlus to open source wallet firmware in Q3 amid Ledger debacle
As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity. 220 Total views 1 Total shares Amid fallout over Ledger’s controversial decision to allow private keys to be “recovered” from its devices, cold storage competitor GridPlus has announced…
Solana gains 80% in a month as Firedancer goes live on testnet
Solana’s scaling solution Firedancer is seen as a long-term solution to the blockchain’s once-frequent outages. 405 Total views 4 Total shares Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer.SOL reached over $41 on Nov.
Over 140 million people have digital yuan accounts, says PBoC head
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head. 515 Total views 26 Total shares China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 were revealed at Hong Kong Fintech Week.Set out to replace cash in…
BTC price battles for $46K as Polkadot (DOT) ends weekend with 10% surge
Signs of strength slip into Bitcoin markets but altcoins are proving more interesting as the weekend draws to a close. 829 Total views 26 Total shares Bitcoin (BTC) hit problems at $46,000 on Sept. 12 after a “strong bullish divergence” on lower timeframes met with resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHigher lows creep in…
Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops
South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines. 129 Total views 26 Total shares The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC
According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” Lawyers representing the United States Securities and Exchange Commission (SEC) requested the judge in its civil case against Terraform Labs and co-founder Do Kwon determine whether
Adult Entertainment Supported by Crypto Shoppers During Quarantine
While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase in purchases from adult stores in March over activity in February. Sites like ManyVids and LiveJasmin had 17% and 8%…