Vaibhavv Ali
Yuga Labs, the creative force behind the immensely popular Bored Ape Yacht Club NFTs, is stepping away from its association with Cryptopunks, another notable NFT collection highly regarded in the crypto community. Having acquired Cryptopunks in 2022 with the aim of upholding its legacy, the collection swiftly emerged as one of the most iconic and … Read more
Telegram’s extensive user base is proving to be fertile ground for cryptocurrency adoption, with viral games like Notcoin gaining immense popularity. Notcoin amassed over 30 million users on Telegram and established TON-based cryptocurrency wallets in under two months. The “idle game” allows users to earn NOT tokens by tapping their screens, leading to 3% of … Read more
Bybit, one of the leading cryptocurrency exchanges worldwide in terms of trading volume, has achieved a significant milestone by exceeding 30 million registered users globally. This accomplishment underscores Bybit’s prominence in the blockchain sector amidst a period of remarkable growth in Web3 technology. Bybit’s increase in market share The most recent quarterly report from Kaiko … Read more
Lilian Nurieva, previously serving as the Head of Networks at the Russian cryptocurrency investment fund Finiko, has been handed a three-year sentence for her involvement in defrauding private investors and her participation in an organized criminal group. The scheme, totaling $55 million, is classified as the second-largest financial scam in Russia’s post-Soviet history, as determined … Read more
Democratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so. The email, sent by Democrat Party leaders and obtained by Politico, revealed that there was no directive for members to vote against the … Read more
For the first time in 10 months, the global count of active Bitcoin ATMs has declined since July 2023. The United States and Canada jointly represent 91.4% of the total Bitcoin ATM network, with 31,089 (82.6%) machines in the U.S. and 2,909 (7.7%) in Canada. Throughout 2024, countries worldwide significantly contributed to the month-on-month increase … Read more
The ongoing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) has escalated with the SEC’s most recent court filing. This filing represents the last submission before Judge Analisa Torres of the Southern District of New York begins deliberating on the remedies phase of this significant case. Ripple vs. SEC: The … Read more
In October 2023, the New York Attorney General (NYAG) filed a lawsuit against Genesis, Gemini, and Digital Currency Group (DCG), alleging they fraudulently took more than $1 billion from over 230,000 investors, including 29,000 New Yorkers. The NYAG accused Gemini of being aware that Genesis’ loans were undersecured and heavily tied to Alameda Research but … Read more
The CEO of Gala Games attributed a recent smart contract “security incident,” resulting in the theft and sale of $23 million worth of GALA tokens, to internal control failures within the company. On May 20 at 7:32 pm UTC, reports indicated that a wallet had minted 5 billion GALA tokens, valued at least $200 million … Read more
Institutional investors have made a significant entrance into the cryptocurrency market, particularly following the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States. Data indicates that these deep-pocketed investors have shown increased interest in the space, resulting in whales accumulating over $16 billion worth of BTC since the ETFs’ launch. According to insights … Read more