Circle rolls out native USDC tokens on Polygon
VibcryptoUS dollar stablecoin issuer Circle has announced that it has begun minting USD Coin (USDC) natively on Ethereum layer 2 scaling protocol Polygon.USDC is accessible to both users and developers…
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
One of the CrypToadz nonfungible tokens (NFTs), whose average price doesn’t exceed $1,000, was bought for an astonishing 1,055 Wrapped Ethereum (wETH), an equivalent of $1.6 million.The deal occurred on…
SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.Onchain…
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Cardano founder Charles Hoskinson has likened former FTX CEO Sam Bankman-Fried to infamous American fraudster Bernie Maddoff and accused the media of giving the former FTX CEO a 'free pass'. Bernard…
Ordswap urges users to recover keys after losing control of website
Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals, has devised a method for users to retrieve their private keys as it scrambles to regain control…
FTX hacker could be using SBF trial as a smokescreen: CertiK
The hacker responsible for stealing over $400 million from FTX and FTX US in November could be using the hype around Sam Bankman-Fried’s fraud trial to further obfuscate the funds,…
Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report
Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain has paused employee salary payments for September and beyond.According to recent local news reports, citing multiple Bitmain employees familiar with the matter, the…
Chinese government-owned newspaper to launch NFT platform
China Daily, an English-language newspaper owned by the Publicity Department of the Chinese Communist Party, wants to create its very own metaverse and nonfungible tokens (NFTs) platform.According to a recent…
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik. The project’s…
Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens
A collective of local leaders in the cryptocurrency space, including Cointelegraph, 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient Frontier, Ironblocks, the Israel Blockchain Association and Bits of Gold,…