Recently, five different law firms and consulting companies have charged FTX with a staggering sum of $103 million during the first quarter of the year. These fees consisted of multiple invoices from these law firms, and it appears that FTX saw the highest amount being billed in March 2023. About the FTX Billings Five corporations – that being Sullivan & …
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The Reserve Bank of Zimbabwe(RBZ) intends to roll out a digital currency supported by gold in order to stabilize the Zim dollar. These tokens are basically electronic money underpinned by the central bank’s gold reserves, which will provide holders of the local currency with an opportunity to safeguard against its instability. The laws for those digital tokens backed by gold …
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According to recent reports, Ripple (XRP) and other major crypto holders transferred more than 350 million XRP when the cryptocurrency’s value dropped below $0.46. This transfer of a substantial amount of XRP has caused concerns among investors who fear that these crypto whales might be divesting their assets. Ripple on the Move As per Whale Alert, a whale-tracking resource, Ripple’s …
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The Bitcoin Ordinals, a renowned add-on to the UniSat Wallet, has reportedly experienced a considerable number of double-spend attacks. Several individuals have expressed their concerns about the issue through social media, stating that their transactions were being reversed and their funds were being stolen. The UniSat Wallet team has acknowledged the problem and is currently taking the appropriate actions to …
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As per the latest report by Kaspersky, a cybersecurity firm, there has been a significant increase of 40% in digital asset phishing scams in 2022. This report highlights the growing trend of digital asset exploitation that targets crypto investors and users to steal their holdings throughout the year. While traditional methods like giveaway scams or fake wallet phishing pages are …
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Bhutan, a South Asian country recognized for its conservative financial practices and prioritization of Gross National Happiness, has garnered attention for its foray into the world of cryptocurrency. The Bhutanese government has invested in multiple cryptocurrencies, such as Ethereum, Dogecoin, and Bitcoin, with the total amount of investment undisclosed. ‘ Reaction to this Move Bhutan’s decision to invest in cryptocurrencies …
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Crypto companies in the US are struggling to find domestic banking partners, and now they are searching for overseas services. ZA Bank, the top virtual bank in Hong Kong by assets, has stepped up to provide crypto account services and assistance with crypto-to-fiat exchanges. About the Report According to a recent report on April 12, the bank will function as …
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OKX, a leading blockchain and cryptocurrency exchange platform, recently launched a new Metaverse Training Session with football star Rúben Días. This training session aims to educate users about the world of Metaverse and help them navigate this new virtual world. Learn from Rúben Días Through this training session, users can learn from Rúben Días, a professional footballer passionate about virtual …
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In recent years, there has been a surge of interest in digital collectibles, also known as crypto collectibles. These unique assets are created using blockchain technology, allowing for ownership and verification of ownership to be tracked and maintained through a decentralized network. In this article, we will explore the world of crypto collectibles, including their history, types, and how to …
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A recent cyber attack on Arbitrum’s official Discord server has caused havoc. The hack was carried out using phishing links to target the platform’s users. As a result, $500,000 in ARB tokens were stolen. The phishing message contains claims about a fake additional stake reclaim opportunity in Arbitrum DAO Governance. CertiK, a blockchain security company, announced the news on Twitter …
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