Thomas Kralow, a passionate advocate of Bitcoin (BTC), embarked on an ambitious quest to travel from New York to Alaska solely by funding his journey through cryptocurrency trading. With a starting budget of $5,000 in cash, Kralow and his assistant Ilya set off on August 12th, armed with determination and a dinged-up Mercedes. Equipped with
Altcoins
The native OP token of Optimism has been experiencing a significant decline in price, leading losses among the top 50 cryptocurrencies. Within the past week, the price fell by as much as 10%. This decline coincides with an upcoming token unlock event, which is scheduled to release approximately 24.16 million OP tokens into the market
Decentralized oracle network Chainlink has received criticism after making a change to the number of signers required on its multisig wallet. The move sparked backlash on social media, with critics voicing their concerns. Among them was crypto researcher Chris Blec, who pointed out that Chainlink had quietly reduced the number of signatures required on its
Marieke Flament, the CEO of Near Foundation, has announced her resignation from the company. In a statement released on September 21st, the Near Foundation revealed that Chris Donovan, their general counsel, will be taking over as the new CEO. Flament did not provide a specific reason for her departure, leaving many to wonder about the
In a recent announcement, None Trading, a trading tool for cryptocurrencies and nonfungible tokens (NFTs) built on Discord, revealed that it has ceased operations due to a “critical exploit” within its infrastructure. This unforeseen event has not only led to a significant loss of funding for the company but also resulted in the departure of
In a recent development in the OneCoin fraud case, the lawyer responsible for laundering $400 million from the scheme has been denied a motion seeking a new trial. Mark Scott, a 54-year-old lawyer, argued that he was unaware of OneCoin’s fraudulent nature when he set up the fund that facilitated money laundering for OneCoin’s founder,
Canadian fintech firm WonderFi, supported by billionaire Kevin O’Leary, has recently unveiled a strategic alliance between Bitbuy and Localcoin ATM, enhancing Localcoin’s cryptocurrency ATM offerings across Canada. The partnership is set to leverage Bitbuy’s exchange platform and its “deep liquidity” to strengthen Localcoin’s ATM services, establishing it as a prominent player in the Canadian market.
Cryptocurrency users, including high-profile individuals like Mark Cuban, are increasingly falling prey to online hacks. These incidents serve as a stark reminder of the vulnerabilities that exist in the digital world. It is crucial for cryptocurrency holders to take proactive steps to protect their funds and avoid becoming victims of cybercriminals. One notable hacking group
For a long time, Solana has been closely associated with Sam Bankman-Fried, the founder of FTX and hedge fund Alameda Research. As an early investor in the project, Bankman-Fried invested in several Solana ecosystem projects during the 2020-2021 bull market. However, the downfall of FTX in late 2022 had a significant impact on Solana and
The hackers responsible for the $41 million hack of cryptocurrency casino Stake have continued their illicit activities. According to blockchain security firm CertiK, they have recently transferred an additional $328,000 million worth of Polygon (MATIC) and BNB (BNB) tokens. These moves follow the exploit that occurred on September 4. The most recent transfer involved 300