Altcoin News

Bitcoin analysts look to November as price action looks to mirror past cycles

• by admin
• October 10, 2023

Bitcoin’s months of sideways action have been uncannily similar to the previous two BTC market cycles, which saw a pivot in November leading up to a halving event. Bitcoin’s BTC $27,655 ongoing sideways price action could flip bullish as early as November if it behaves similarly to previous cycles leading up to a halving event, […]

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Friend​.tech copycat Stars Arena patches exploit after some funds drained

• by admin
• October 8, 2023

Stars Arena announced that attackers were draining funds through a loophole, but the contract has been patched to prevent further damage. News The Stars Arena Web3 social media app on Avalanche has lost some of its funds due to a malicious attack, according to social media reports.  Stars Arena user Lilitch.eth discovered the exploit on […]

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THORSwap goes into ‘maintenance mode’ to counter illicit funds movement

• by admin
• October 8, 2023

THORSwap acknowledged the ongoing illicit use of the DEX and is acting to find a permanent solution to the misuse. News THORSwap, a decentralized exchange (DEX) powered by the multichain THORChain protocol, has entered “maintenance mode” to prevent bad actors from moving illicit funds through the platform. The protocol took the actions on Oct. 6 as […]

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HTX claws back $8M in stolen funds, issues 250 ETH bounty to hacker

• by admin
• October 8, 2023

HTX was drained of 5,000 ETH in late September and moved swiftly to get the funds back from the hacker. Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether ETH $1,629 bounty after resolving the issue. One of HTX’s hot […]

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Pro-XRP lawyer John Deaton slams Sam Bankman-Fried sympathizers

• by admin
• October 8, 2023

He suggested that such sympathizers should not be considered for interviews with prominent television shows like CBS’s 60 Minutes. Attorney and crypto advocate John Deaton criticizes supporters of former FTX CEO Sam “SBF” Bankman-Fried during his ongoing trials related to the collapse of their crypto venture. In an X (formerly Twitter) post, Deaton said that those […]

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Bitcoin mining restricted to legal entities in Uzbekistan — Regulators

• by admin
• October 5, 2023

Cryptocurrency mining in Uzbekistan can only be carried out by legal entities using solar power, the local crypto watchdog has reiterated. Cryptocurrency mining in Uzbekistan faces major changes as the country’s crypto market supervisor has approved a framework for licensing crypto mining operations. Uzbekistan’s National Agency for Perspective Projects (NAPP) issued a decree on licensing […]

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Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether

• by admin
• October 5, 2023

Leaked mobile phone numbers have given scammers an easy way to drain Friend.tech user accounts. News A single scammer has reportedly managed to steal around $385,000 worth of Ether ETH $1,637 in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users. On Oct. 5, blockchain sleuth ZachXBT reported the same […]

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Binance collaborates with Royal Thai Police to seize $277M from scammers

• by admin
• October 5, 2023

Over 3,000 victims of the alleged crypto scammers have come forward to the authorities to file for compensation claims. News Joi In an announcement sent to Cointelegraph, Binance said it worked alongside law enforcement agencies, providing intelligence to disrupt the criminal group. The operation, which had the code “Trust No One,” led to the arrest […]

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What are peer-to-peer (P2P) blockchain networks and how do they work?

• by admin
• October 4, 2023

What are peer-to-peer (P2P) networks? Peer-to-Peer (P2P) technology is based on the decentralization concept, which lets network participants conduct transactions without needing any middle-man, intermediaries or central server. Peer-to-peer technology is how Bitcoin BTC $27,568 operates; no administrator is required to maintain track of user transactions on the network. Instead, the peers in the network […]

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AI a powerful tool for devs to change gaming, says former Google gaming head

• by admin
• October 3, 2023

Ryan Wyatt deciphers the the possibilities for AI to help gamers and game developers achieve. Interview The world embraced artificial Intelligence (AI), hoping to see it transform complex and day-to-day processes. While generative AI models won millions of users, discussions around the transformative potential of AI in all walks of life became mainstream.  Today, AI […]