User loses $32 million spWETH in a sophisticated phishing attack
According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.
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Number of financial planners investing in crypto increases by 50%
A survey published by Bitwise has found that nearly 10% of investment advisors have made client portfolio allocations into crypto assets. 2315 Total views 9 Total shares A survey published by crypto index fund provider Bitwise Asset Management has found the number of financial advisors allocating capital toward crypto has increased by roughly 50% in…

Bank of America offers bullish outlook for DeFi and NFTs
“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America. 1230 Total views 15 Total shares The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.The report, published on…

NEAR protocol releases blockchain operating system for Web3
Cointelegraph interviewed the protocol team at ETHDenver 2023 about the new operating system and funds raised to help Ukrainians last year. 168 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe decentralized application (DApp) NEAR protocol is releasing a new blockchain operating system, focusing on improving user experience…

Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the Binance…

Waka Flocka Flame token launch faces insider trading allegations
Around 40% of the coin’s total supply was scooped up before Waka Flocka Flame announced the launch.

Bitcoin’s next rally may be imminent, on-chain analyst says
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead analyst James Check. After a long period of unusually low volatility, Bitcoin’s (BTC) next major price move is likely imminent and could drive BTC to $32,000, according to James Check, lead on-chain analyst at Glassnode. That price…

Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.

ETH price may dip after spot Ether ETF 'novelty' wears off due to surging supply
Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022.