Suspected insider wallets net $20M on Solana’s Focai memecoin launch

The wireless carrier is accused of failing to protect its customers from SIM swappers' lucrative heists. 384 Total views 1 Total shares Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a "SIM swap attack" that led to…

It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor.Bitcoin hashprice has dropped 58% in a yearUnsurprisingly, soaring electricity rates across the U.S. states have contributed to rising Bitcoin mining costs.Notably, between January 2022 and…

High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention. 957 Total views 6 Total shares On Friday, Do Kwon, founder and CEO of Terraform Labs (TFL), which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA…

Former Wall Street executive and current blockchain researcher Tone Vays has expressed skepticism about the fact that crypto winter is over. Vays made his comments in an interview with Cointelegraph on June 10.Vays, a former financial analyst at United States’ banking giant JPMorgan, revealed that he does not trust the recent rally in the crypto…

Bitcoin (BTC) may only be ten years old, but it is about to match half the lifespan of the average fiat currency — while actually increasing in value.Average fiat dies in 27 yearsAs Bitcoin statistician and commentator Willy Woo noted on Oct. 18, the largest cryptocurrency has been around 40% as long as the average…

Major United States energy firm Ameren and Canadian software engineering and solutions company Opus One Solutions will explore the potential use of blockchain technology. The participants announced the news in a press release on March 28.Ameren, which currently services around 2.4 million electric and 900,000 gas consumers, will examine blockchain as one of a range…

DLive, the decentralized streaming platform that Justin Sun purchased and migrated to Tron in December 2019, was used by several far-right extremists to live-stream their insurrection in the U.S. Capitol building on Jan 6.The extremists were also able to raise donations during the broadcast and the platform has been accused of allowing extremists to raise…

In a move that could point towards greater decentralization and wider access, the Nexus Mutual community is currently considering a proposal to sunset the coverage protocol’s legal entity and lift Know Your Customer (KYC) burdens currently necessary to interact with the platform.The proposal was announced yesterday in a Tweet by investment fund 1kx co-founder Christopher…