Vaibhavv Ali
Gala Games has received approximately $22 million worth of Ether (ETH) from the individual responsible for a security breach on May 20. During the incident, around $200 million worth of Gala (GALA) tokens were minted, with a small portion sold before the wallet was frozen. On May 21, the attacker’s wallet returned 5913.2 ETH, valued … Read more
The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has completed its investigation into the Worldcoin project, concluding that the project’s activities in Hong Kong violated the territory’s Personal Data (Privacy) Ordinance (PDPO). In a notice issued on May 22, Privacy Commissioner Ada Chung Lai-ling directed Worldcoin to immediately cease all … Read more
YouTube investigator Stephen Findeisen, also known as “Coffeezilla,” has accused Rabbit, an artificial intelligence (AI) company, of orchestrating a scam involving nonfungible tokens (NFTs) and attempting to cover it up. In a video posted on May 21 on the Coffeezilla channel, Findeisen revealed Rabbit AI’s involvement in NFTs. He pointed out that the company, formerly … Read more
Uniswap has responded to the SEC’s Wells notice with a 43-page submission, arguing against potential enforcement actions. The company asserts that it doesn’t fit the mold of a traditional exchange and points out that the SEC lacks jurisdiction over assets like bitcoin, ether, and stablecoins, which are the primary assets traded on its platform. According … Read more
Taurus, a leading provider of crypto technology solutions, has revealed its plans to expand into the North American market with the opening of a new office in Vancouver. As outlined in a press release, this strategic move comes in response to the increasing demand from financial institutions in North America seeking to offer a wider … Read more
As the Fantom (FTM) price surges to its highest levels in a month, investors are pondering whether it’s still a good time to invest in Fantom. Currently priced at $0.8744, FTM has seen a remarkable 35% increase over the past seven days, as reported by CoinMarketCap. The sudden shift in the SEC’s stance on Ethereum … Read more
The recent recovery of Bitcoin above $71,000 has injected optimism into the entire cryptocurrency market, leading to a surge in Dogecoin’s price. DOGE has managed to surpass the $0.16 resistance level amidst this bullish sentiment. Analysts are optimistic about Dogecoin’s future trajectory, with one highlighting the formation of a bullish triangle pattern, indicating further upward … Read more
Over the last 24 hours, the Ethereum-based memecoin Pepe (PEPE) surged by 27%, reaching a new all-time high. This surge is attributed to speculation surrounding the potential approval of spot Ether (ETH) exchange-traded funds (ETFs) in the United States. Crypto trader Matthew Hyland highlighted PEPE as a promising memecoin play for the ETH ETF, while … Read more
BlackRock’s Bitcoin ETF experienced a significant increase in investment on Tuesday, receiving $290 million in inflows, which accounted for 95% of the total inflow into US spot Bitcoin ETFs. In total, these ETFs attracted over $300 million in net inflow. This surge marks a reversal from a six-week period of minimal inflows for BlackRock’s ETF, … Read more
Former President Donald Trump, currently facing criminal charges in multiple jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations. The campaign launched a fundraising page on May 21, allowing supporters to donate in various cryptocurrencies through Coinbase Commerce. This move comes amidst criticism of cryptocurrency by figures like Senator Elizabeth Warren, whom … Read more