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Popular crypto influencer and book author, Ian Belina, has been charged by the U.S. Securities and Exchange Commission (SEC) for failing to register the initial offering and sale of SPRK tokens. In addition, Belina kept the sum he was paid to promote Sparkster’s SRPK ICO a secret from his followers. The SRPK ICO took place […]
If you’ve been using the arbitrage trading bot named MEV Gain, we’ve got some bad news for you. While this bot was presented as an automated solution for trading based on historical data, the truth is different. Namely, blockchain security company Peckshield has confirmed that MEV Gain is in fact a scam made to drain […]
After introducing crypto as a means to purchase foreign goods, Iran is now making a pilot launch of its own central bank digital currency (CBDC). The development of the so-called “crypto rial” began in 2018. The Iranian CBDC is operating on the Borna platform, which was built by using IBM’s distributed ledger platform, Hyperledger Fabric. […]
Some two weeks following the warrant for the arrest of Do Kwon in South Korea, Interpol has now issued a “Red Notice” – request to law enforcement worldwide to locate and capture the Terraform Labs co-founder. Do Kwon and five of his associates are wanted in connection to Terra’s market crash, which took place in […]
Decentralized exchange GMX was hit in a price manipulation exploit, with the attacker taking off with some $565,000. GMX is a relatively young crypto exchange, having launched just late last year on Ethereum layer-2 solution Arbitrum. However, that’s more than enough time to become a victim of cybercrime in the crypto industry. GMX’s AVAX/USD market […]
Blockchain software firm Veritaseum Capital has filed a lawsuit against one of the leading crypto exchanges, Coinbase. According to the lawsuit, the crypto exchange has illegally been using Veritaseum’s patented technology for secure crypto payment transfers. Some of Coinbase’s services relying on this tech include Coinbase Pay, Commerce APIs, and iOS and Android wallets. Due […]
The biggest NFT marketplace, OpenSea, has added the layer-2 Ethereum scaling solution, Arbitrum, to its list of supported networks. Thus, NFTs hosted on Arbitrum join those OpenSea-available collections that reside on the Ethereum, Solana, Polygon, and Klaytn networks. Most Arbitrum NFTs have so far been found on less popular marketplaces, such as Stratos and Agora. […]
Web3 software company Chain announced that it had become an official marketing partner of Kraft Sports + Entertainment. Thus, Chain is now the blockchain sponsor of the American football team New England Patriots, the soccer team New England Revolution, the teams’ Gillette Stadium, and the adjacent shopping center, Patriot Place. According to Chain’s representative, the […]
A white hat hacker nicknamed oxriptide has prevented a possible theft from Arbitrum. After discovering and reporting a bug in Arbitrum’s functioning that could have led to a costly exploit, the Ethereum scaling network rewarded oxriptide with 400 ETH (some $530,000). Fortunately for both him and Arbitrum, oxriptide decided to investigate possible vulnerabilities following the […]
In cooperation with the University of British Columbia, Apple has created an AI neural network that can generate a real person’s virtual movements. After being trained on short videos, the NeuMan neural network can create a deepfake of a person not only walking, but performing any other kind of movement, such as dancing or tumbling. […]