Amidst concerns of a potential multimillion-dollar exploit, the Multichain MPC bridge platform has experienced abnormally large outflows, triggering alarm among observers and blockchain security experts. On July 6, a series of substantial withdrawals from the Multichain bridges caught the attention
In the vast and complex world of digital currencies, an unexpected financial archaeologist recently unearthed a forgotten fortune. Conor Grogan, Head of Product at Coinbase, took on a digital treasure hunt that led him to discover hundreds of thousands of
Twitter is considering legal action against Meta, claiming the company stole trade secrets to develop its fast-growing rival Threads app, according to multiple reports. In a letter dated July 5, an attorney for Twitter, Alex Spiro, accused Meta of engaging
French President Emmanuel Macron has suggested to cut off social media platforms like TikTok amid violent riots in the country, sparking widespread criticisms from the public. The suggestions are on the back of violent demonstrations, which erupted in the country
The Australian Securities and Investments Commission (ASIC), the regulatory authority responsible for overseeing financial markets in Australia, has reportedly conducted searches at the offices of Binance Australia. This development comes as ASIC expands its investigation into the exchange’s derivatives operations,
Bitcoin made a remarkable resurgence on Tuesday, briefly crossing$31,000 after several prospective bitcoin exchange-traded fund (ETF) issuers resubmitted their applications to the U.S. Securities and Exchange Commission (SEC). As the world’s largest digital asset, bitcoin’s rally has triggered similar price
Coinbase, one of the major cryptocurrency exchanges in the United States, has launched a firm rebuttal to the U.S. Securities and Exchange Commission (SEC). The crypto heavyweight filed an answer and a notice of intent to file a motion to
Blockchain intelligence firm, Santiment, has recently observed a remarkable increase in whale activity for several digital currencies. In a recent tweet, transfers worth over $10 million were observed, making it one of the year’s top three days for whale movement.
FTX, the troubled crypto exchange, has halted the sale of its stake in the AI company Anthropic. FTX holds Anthropic shares valued at more than $500 million. The pause adds another layer of complexity to FTX’s ongoing battle for asset
In a sudden twist to a complex regulatory saga, major cryptocurrency exchange FTX has filed a lawsuit against its former regulatory and compliance executive Daniel Friedberg. FTX accuses Friedberg of an illicit series of payments designed to silence whistleblowers from
The Shiba Inu community is reeling from the sudden suspension of Shibburn on Twitter. The unexpected crackdown has left thousands of SHIB enthusiasts demanding answers and seeking support from influential figures in the crypto world. As questions surrounding Twitter’s moderation
Lookonchain, a blockchain analysis platform, highlighted an ingenious yet deceptive scam concerning fake WETH (Wrapped Ethereum) in the crypto market. The swindle involves scammers creating counterfeit WETH tokens, transferring these from reputable wallets, and buying memecoins. This elaborate trick may
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