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Ethereum Network Centralization Rises After Recent Upgrades, warns JPMorgan
October 6, 2023
The increase in Ethereum staking following the recent network upgrades, known as Merge and Shanghai, has led to higher centralization and lower staking yields, a new report by JPMorgan warns. …
Read moreTHORSwap Enters 'Maintenance Mode' Amid Rising Concerns of Illicit Funds Movement
October 6, 2023
The decentralized exchange (DEX) THORSwap has shifted to maintenance mode in an attempt to deter the movement of illicit funds across their platform. This move is a result of various …
Read moreHighlights from FTX Investigation and SBF Trial Day 3
October 6, 2023
The scandalous trial of Sam Bankman-Fried (SBF), the founder of FTX, continued with day 3 casting light on the company's financial workings and SBF's personal life. The court heard testimony …
Read moreOpenAI Considers In-House AI Chip Production Amid Global Shortage
October 6, 2023
OpenAI, the organization behind the artificial intelligence chatbot ChatGPT, is reportedly evaluating options to start manufacturing processing chips in-house. This strategic evaluation is due to the ongoing global shortage of …
Read moreFriend.tech Users Lose $385,000 in Ethereum to SIM Swap Attacks
October 6, 2023
Friend.Tech platform users have experienced significant theft due to a wave of SIM Swap attacks. Four different accounts were stripped of a total sum of $385,000 in Ethereum. These series …
Read moreLearn Concept: Increasing Bitcoin Production by Major Miners
October 6, 2023
Digital currency mining, especially Bitcoin, has been on the rise with major crypto miners reporting significant increases in their Bitcoin production. For instance, Marathon Digital, a leader in the space, …
Read moreUS DOJ Suggests Seizure of Sam Bankman-Fried's Luxury Jets
October 5, 2023
Assets belonging to Sam Bankman-Fried, including his two multimillion-dollar luxury jets, may be subject to forfeit, suggests the U.S. Department of Justice (DOJ). The assets' ownership is currently in a …
Read moreJPEX Crypto Exchange's Asset Lock-up Plan Faces Backlash; 'Own The Doge' to Install Kabosu Statue in Japan
October 5, 2023
JPEX, a controversial cryptocurrency exchange, is moving forward with a plan intended to convert the platform into a decentralized autonomous organization (DAO) and shift user assets to dividend shares, incentivizing …
Read moreFTX Hack Uncovered: Exploiter Converts Up to $100M of Stolen ETH to BTC
October 5, 2023
The FTX exchange's exploiter has converted another $25 million worth of stolen ETH (Ethereum) to BTC (Bitcoin) according to data from Spot On Chain. This activity took place over two …
Read moreHong Kong VC's $100M Fund To Support Asian Blockchain Startups; Singapore Arrests 36-Year Old Man
October 5, 2023
A new Hong Kong-based venture capital (VC) firm named Titan Fund, has amassed a total of $100 million in its leading fundraising round. This initiative, driven by CMCC Global, aims …
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