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Learn Concept: Understanding SIM Swap Attacks and their Impact on Cryptocurrency Users
October 7, 2023
The wave of SIM swap attacks have recently become a major concern for the digital world, including the cryptocurrency ecosystem. Fundamentally, SIM swapping is a type of identity theft where …
Read moreStars Arena Patches Exploit Amid Surge in Popularity
October 6, 2023
Stars Arena, the latest social finance application in the world of cryptocurrency, has recently patched an exploit in its price function system. Previously, the fault allowed hackers to escape with …
Read moreStrong US Jobs Growth Influences Dollar and Bond Markets, Bitcoin Unimpressed
October 6, 2023
Summary The US labour market recently showed a stronger-than-anticipated performance with the addition of 336,000 jobs in September, notably higher than the expected 170,000. This development led to a surge …
Read moreBitcoin Shows Early Indications of a Potential Dip Below $27,200
October 6, 2023
Bitcoin (BTC), the world's largest cryptocurrency, seems to be struggling for a fresh surge above the $27,800 resistance level, call for possible decline grows louder. The Crypto Asset has been …
Read moreCFTC Considers Legal Action against Voyager Digital's Co-founder
October 6, 2023
The U.S. Commodity Futures Trading Commission (CFTC) has revealed its potential plans to bring charges against Stephen Ehrlich, co-founder of Voyager Digital. Ehrlich is reportedly under investigation for violating derivatives …
Read moreEthereum 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 …
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