Did a $330 Million Scam Fuel Monero’s (XMR) 50% Price Surge? (ZachXBT Weighs In)
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Did a $330 Million Scam Fuel Monero’s (XMR) 50% Price Surge? (ZachXBT Weighs In) Read More »
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$20 Million $ROAM Airdrop and The Roam Miners Function Introduction
[PRESS RELEASE – Vancouver, Canada, September 2nd, 2024] On August 6th, Roam announced a 20 million $ROAM token airdrop for all users who owned miners and NFTs prior to the Token Generation Event (TGE). This airdrop initiative offers substantial incentives to early network supporters. To qualify for this airdrop reward, users need to register their
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Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading
Australians reportedly lost at least AUD 180 million (approximately $122 million) to cryptocurrency investment frauds over the past year. Victims under 50 now make up around 60% of scam reports, overtaking older Australians, who are typically considered more vulnerable to such projects. Crypto-Based Investment Scams in Australia The data, gathered by the Australian Cyber Security
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$55 Million in DAI Stolen From This Crypto Whale via Phishing Attack
On Tuesday, a cryptocurrency whale suffered a loss, with approximately $55.4 million worth of Dai stablecoin stolen in a phishing attack. According to the blockchain security firm CertiK, the attacker likely used a phishing tool known as Inferno Drainer to gain access to the whale’s externally owned account (EOA). Inferno Drainer Phishing Attack The incident
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Kelp DAO Secures $9 Million in Private Sale for Restaking Innovations
[PRESS RELEASE – Dubai, UAE, May 22nd, 2024] Kelp DAO, a liquid restaking platform, today announced the closure of a $9 million private sale round, a milestone in its mission to enhance decentralized finance (DeFi) and the restaking landscape. SCB Limited (a proprietary trading firm based in the Bahamas) and Laser Digital (Digital asset arm
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Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi
Last updated: May 2, 2024 08:19 EDT | 1 min read In April 2024, Web3 saw a loss of over $53 million to hackers across 21 incidents, a 46% decrease when compared with the previous period, found the latest report by the crypto-focused bug bounty platform Immunefi. To be more precise, $53,074,827 was lost to
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Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY
Last updated: April 19, 2024 01:16 EDT | 2 min read The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year revenue growth of 155%. According to a report by Michael Nadeau, an analyst at The DeFi Report, Ethereum’s Q1 income represents a staggering 200% increase compared
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$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
Last updated: March 9, 2024 04:04 EST | 2 min read Source: PixabayA well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress. The PAC, called Fairshake, recently spent over $10 million
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