Cryptonews
The National Agency for Perspective Projects of Uzbekistan (NAPP) has issued a statement to clarify and refute rumors about the alleged ban of the Hamster Kombat game in the country. The regulator explained the legal status of the game and warned of potential risks associated with the future withdrawal of
Cryptonews
In the rapidly evolving world of decentralized finance (DeFi), security breaches continue to pose significant challenges. The latest victim, UwU Lend, has been hit by a series of hacking incidents that have resulted in substantial financial losses. In an unprecedented move, the platform is now offering a $5 million reward
Cryptonews
CryptoQuant CEO, Ki Young Ju, recently highlighted a significant slowdown in Bitcoin’s transaction processing speed, stating that it has reverted to the levels observed back in 2011. According to Ju, despite Bitcoin's transformation into what many call 'digital gold,' it has failed to become a
Deals
In a recent development, the criminal court of Tashkent has handed down a 10-day administrative arrest sentence to a 24-year-old student from Termez State University for trading Notcoin (NOT) tokens. The verdict has sparked significant attention, given the growing global interest in cryptocurrency and the varying legal stances on its
Cryptonews
In a significant display of support for the digital asset industry, politician Donald Trump has once again underscored his endorsement of cryptocurrencies. The U.S. presidential candidate recently announced his intention to become the "crypto president" during a high-profile fundraising event, securing an impressive $12 million in donations
Deals
Coinbase, a leading cryptocurrency exchange, has launched a new service named "Smart Wallet," aiming to revolutionize the way users interact with digital assets by offering a custody-free wallet that can be created effortlessly using modern identification methods like FaceID or a Google account. The announcement of Smart Wallet
Politics
A group of politicians has sent a special letter to U.S. President Joe Biden, calling on him to intervene in the case of Binance's top executive, Tigran Gambaryan, who has been detained in Nigeria for over three months. Gambaryan faces charges of money laundering and tax evasion.
Cryptonews
According to the latest data from CryptoQuant, bitcoin reserves held by mining companies have plummeted to a 14-year low, marking a significant moment in the cryptocurrency sector. The reserves now stand at only 50% of their all-time high, signaling a stark reduction in available assets within this segment. Currently, these
Cryptonews
Triple-A, a leading financial technology company, has released a comprehensive report detailing the global adoption of crypto assets. The findings reveal a significant increase in the number of crypto investors worldwide, highlighting a surge of 142 million new investors since 2023. The United Arab Emirates (UAE) emerges as the frontrunner
Cryptonews
In a significant cybersecurity breach, the Japanese cryptocurrency exchange DMM Bitcoin announced the loss of 4,503 BTC, valued at approximately $303 million. The breach involved unauthorized access to the company’s accounts, resulting in the withdrawal of 4,502.9 BTC. Following the incident, DMM Bitcoin has temporarily halted
Cryptonews
In a remarkable display of cryptocurrency acumen, an unknown trader managed to transform a modest investment of about $2,700 into a staggering $1.24 million, all thanks to the meme coin Shiba Inu (SHIB). This astounding success story, reported by the analytics company Lookonchain, showcases a 419-fold increase in
Cryptonews
In a startling repeat of financial misfortune, a crypto whale known for previously falling prey to phishing scams has once again suffered a staggering loss of nearly $7 million due to a sophisticated phishing attack. On-chain analysts reported that this unfortunate incident unfolded on May 26, 2024, stripping the trader