OpenSea token airdrop rumors, CyberKongz on SEC radar: Nifty Newsletter

The insider’s exploit went unnoticed for months, despite over 36 individual transactions.

The retirement plan fiduciary says warning about investigation of 401(k) plans that include cryptocurrency constitutes encroachment on private rights. 414 Total views 16 Total shares ForUsAll, a 401(k) retirement provider, filed suit against the United States Department of Labor (DOL) and Martin Walsh as Labor secretary in U.S. District Court in Washington, D.C. on Thursday.…

The return of Fame Lady SquadThe Fame Lady Squad (FLS), a nonfungible token (NFT) avatar project purporting to have been created by an all-female team, is set to re-launch today with a new team after it was uncovered that three Russian men were behind the project earlier this month. SO EXCITING!! pic.twitter.com/V1LKgIU34c— Cadboros (@cadboros) August…

Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. 438 Total views 7 Total shares Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director…

In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term.So believes David Lifshitz, the chief investment officer at ExoAlpha, a Paris-based investment management service, who noted that Bitcoin's upside potential in the near-term is higher than that of Ethereum. He said so after spotting a recent…

Meanwhile, Meta's metaverse-building business has racked up around $21 billion in losses since the start of 2022. 227 Total views 2 Total shares Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023.Its second-quarter results released on July 26…

"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker. 291 Total views 138 Total shares The hacker behind a $610 million attack on the cross-chain decentralized finance protocol Poly Network has returned almost all of the stolen funds amid…

As more people get drawn into the profit potential of crypto, skeptics increasingly point out to the fraud and failure happening in the space. The various hacks, ransomware attempts on the Colonial Pipeline, and the high-profile failures of Terra/Luna, Three Arrows Capital, Celsius and most of all FTX/Alameda have done nothing to improve crypto’s tarnished…