May 15, 2024

Solana-based Cypher developer confesses to gambling away $300K of user funds

Pseudonymous Cypher Protocol developer Hoak has admitted to misappropriating approximately $300,000 worth of user funds and squandering them through gambling activities. The confession was made public […]
May 15, 2024

Over 1 million new crypto tokens have been launched since April

The month of April witnessed an unprecedented surge in token creation, with Ethereum and Solana emerging as primary platforms for this proliferation.   Since April commenced, […]
May 15, 2024

OpenAI co-founder and chief scientist departs AI firm

Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit division, is bidding farewell to the artificial intelligence company.   In a post on May 14, […]
May 15, 2024

Layer-3 network Degen Chain hasn’t produced a block in 53 hours

The Ethereum layer 3 blockchain, Degen Chain, has encountered a significant setback, leading to a prolonged period of unavailability.   Degen Chain ceased to validate transactions […]
May 15, 2024

El Salvador mines 474 Bitcoin using geothermal volcanic energy

El Salvador has utilized volcanic geothermal energy to mine 474 Bitcoin, valued at $29 million, since 2021. The mining operation, powered by the Tecapa volcano, employed […]
May 15, 2024

Circle shifts legal home to US ahead of IPO

Circle Internet Financial, the force behind the world’s second-largest stablecoin, USD Coin (USDC), has unveiled plans to relocate its legal headquarters from the Republic of Ireland […]
May 15, 2024

Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer

Cryptocurrency exchange Bitget is embarking on a journey to establish its own on-chain ecosystem, drawing inspiration from industry giants like Binance, OKX, and KuCoin.   On-Chain […]
May 15, 2024

4 things Google Gemini users will be able to do soon

Google’s artificial intelligence (AI) model Gemini is being seamlessly integrated into various facets of the tech giant’s ecosystem, marking a significant expansion of its presence.   […]
May 15, 2024

$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

Sonne Finance, a lending protocol, was compelled to suspend its operations following a hack that saw $20 million worth of cryptocurrencies drained from the market.   […]
May 14, 2024

Tether freezes $5.2M in USDT linked to phishing scams

Tether, the stablecoin issuer, froze $5.2 million of its stablecoin Tether (USDT) on May 14, associated with phishing scams. The USDT was held in 12 Ethereum […]

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