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December 26, 2024
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Published by Victoria Kyle at December 26, 2024
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Animoca Brands Co-Founder Yat Siu’s X Account Hacked in Latest Crypto Phishing Attack

Yat Siu, the co-founder and chairman of Animoca Brands, recently fell victim to a phishing attack, in which his X (formerly Twitter) account was compromised and […]
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December 26, 2024
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Published by Victoria Kyle at December 26, 2024
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Agridex Facilitates First On-Chain Coffee Trade, Ushering in a New Era for Agricultural Commodities

Agridex, a Solana-based real-world asset (RWA) platform, has made significant strides in the world of agriculture by facilitating its first-ever on-chain coffee trade. This transaction, which […]
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December 24, 2024
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Published by Victoria Kyle at December 24, 2024
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IRS Reaffirms Stance on Staking Rewards as Taxable Income

The United States Internal Revenue Service (IRS) has firmly reiterated that rewards earned through staking activities are considered taxable income upon receipt, denying arguments from a […]
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December 24, 2024
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Published by Victoria Kyle at December 24, 2024
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DeFi vs CeFi: A Tale of Security in 2024 – How Decentralized Finance is Improving, While Centralized Exchanges Struggle

2024 has been a defining year for the security landscape of the crypto world, with decentralized finance (DeFi) showing notable improvements, while centralized finance (CeFi) faced […]
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December 24, 2024
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Published by Victoria Kyle at December 24, 2024
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Crypto Hacks Surge in 2024: Over $2.3 Billion Stolen, Raising Concerns for the Web3 Ecosystem

In 2024, the cryptocurrency industry saw a sharp rise in cyberattacks, with hackers stealing over $2.3 billion worth of crypto assets from the Web3 ecosystem. This […]
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December 24, 2024
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Published by Victoria Kyle at December 24, 2024
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Crypto and AI Drive Surge in Energy Demand: Challenges for North America’s Power Grid

Cryptocurrency mining and artificial intelligence (AI) operations are rapidly increasing energy demand across North America, placing new strain on the already complex electricity grid system. As […]
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December 24, 2024
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Published by Victoria Kyle at December 24, 2024
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Aave Proposes Chainlink Oracle Integration to Capture MEV Profits for Users

Aave is considering integrating a new oracle service from Chainlink designed to capture profits from Maximum Extractable Value (MEV) and redirect them back to the DeFi […]
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December 23, 2024
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Published by Victoria Kyle at December 23, 2024
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Italy Fines OpenAI €15 Million Over ChatGPT Data Collection Violations

In a significant move, Italy’s Data Protection Authority (IDPA) has fined OpenAI €15 million (approximately $15.7 million) for failing to comply with European data privacy laws […]
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December 23, 2024
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Published by Victoria Kyle at December 23, 2024
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Crypto Developments: Botswana’s Risk Assessment, Trump’s New Appointments, and Regulatory Movements

In recent developments within the world of cryptocurrency, a number of noteworthy events have taken place. From Botswana’s central bank’s assessment of crypto risks to former […]
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December 23, 2024
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Published by Victoria Kyle at December 23, 2024
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California Duo Arrested for Alleged $22 Million NFT Fraud Scheme

Two 23-year-olds from California, Gabriel Hay and Gavin Mayo, have been arrested in Los Angeles on charges related to defrauding investors of more than $22 million […]
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