Stackup, a smart crypto wallet created by a team of crypto evangelists and technology veterans, is now available in its alpha version. The wallet incorporates interoperability, bundled transactions, a social recovery mechanism, and gas-free USD-nominated transactions into an EIP-4337 standard wallet. From investing in Avalanche protocol and exchanging tokens at Uniswap to acquiring NFTs on […]
A week after one of the largest cryptocurrency hacks to date — a $625 million breach on the Ronin Network bridge — Sky Mavis, the company that built it, acknowledged that its haste to grow the platform’s user base may have caused it to cut corners on security. The Ronin Network is an Ethereum-linked sidechain […]
Prices of nearly all major cryptoassets traded higher today, as sentiment among market participants improved following a Russian idea (a very preliminary one) of accepting bitcoin (BTC) for oil & gas, news that an oil giant is mining BTC, and speculations that a bitcoin spot-based exchange-traded fund (ETF) could launch next year. Moreover, Terra has […]
A Twitter phishing scam hacked verified accounts, some of which had Bored Ape Yacht Club (BAYC) profile pictures. The scam sought to defraud crypto-savvy users of a little more than $1 million this week through a phony ApeCoin airdrop. For those who missed last week’s news, ApeCoin is a cryptocurrency that can be claimed by […]
Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto Pyramid Organizers in Dagestan, Russia Officers from the Federal Security […]