Author: Roland Guirdonan

Article written by Roland Guirdonan

1inch compromised by major hack in supply chain attack

November 2, 2024 1 min read

A recent security breach has hit the decentralized exchange aggregator 1inch and other platforms like TEN Finance, stemming from malicious code embedded in the Lottie Player animation library. This vulnerability affects versions 2.0.5 and later of Lottie Player, allowing unauthorized transactions that jeopardize users’ funds and personal information. Experts are urging users to steer clear of these platforms until the issues are fully addressed. The attack originated from compromised JSON

YouTuber MrBeast faces allegations of profiting millions from alleged crypto “pump-and-dump” schemes

October 31, 2024 2 mins read

YouTube sensation James Donaldson, widely recognized as MrBeast, has found himself in a whirlwind of controversy this year, shifting from a beloved figure known for his charitable acts to one facing serious allegations. The latest claims suggest he may be tied to over 50 cryptocurrency wallets involved in questionable trading practices. The troubles began when Ava Kris Tyson, a close friend of MrBeast, faced accusations of inappropriate behavior with a

Robinhood reports over $14 billion in Q3 crypto trading volume

October 31, 2024 1 min read

In the third quarter of 2024, Robinhood saw a remarkable surge in its crypto trading volume, hitting $14.4 billion—a 114% jump compared to the same period last year, although it was down 33% from the previous quarter. The company’s latest earnings report showcases not only an increase in users and assets but also a broader engagement with Web3 initiatives, highlighting its ongoing dedication to the cryptocurrency space despite some revenue

BlackRock’s Bitcoin ETF hits $3.36 billion in trading volume

October 31, 2024 1 min read

BlackRock’s iShares Bitcoin Trust (IBIT) has recently hit a six-month high in trading volume, reaching an impressive $3.36 billion. This surge indicates a rising interest in Bitcoin, particularly as U.S. spot Bitcoin ETFs are on the verge of collectively holding one million BTC, a figure that brings them close to the estimated holdings of Bitcoin’s creator, Satoshi Nakamoto. On Tuesday alone, IBIT saw an influx of $642.9 million, which is

BlackRock invests over $1 billion in Bitcoin (BTC)

October 30, 2024 1 min read

BlackRock has recently made headlines with its substantial investment in Bitcoin, reportedly acquiring over $1 billion worth in just one week. According to Arkham Intelligence, the investment giant has been consistently purchasing Bitcoin daily, often in batches of 600 BTC. A notable transaction included a $300 million investment that added 4,369 BTC to their portfolio, bringing their total holdings to an impressive 399,525 BTC. While they are significant players in

Aark Digital Offers Bounty for Hacker Return

October 27, 2024 1 min read

Aark Digital recently faced a significant security breach where an unauthorized individual managed to access and steal around 1.4 million USDC and over 24 ETH. In response to this incident, the company has initiated round-the-clock recovery efforts and is enhancing its security protocols to prevent future breaches. To encourage the return of the stolen assets, Aark Digital is offering a 15% bounty, which translates to 225,000 USDC, to the person

Ripple Labs files a major appeal against the SEC, challenging key definitions

October 25, 2024 2 mins read

Ripple Labs is taking a stand against the SEC by filing a Civil Appeal Pre-Argument Statement in their ongoing legal battle. This document, submitted on October 24, outlines the key points Ripple plans to argue in their appeal, which will be reviewed from scratch by the court. The appeal focuses on four main issues. First, Ripple challenges the SEC’s definition of an “investment contract” as outlined in the Securities Act

GOAT meme token jumps buy over 20% following Binance listing

October 25, 2024 1 min read

Binance, the leading cryptocurrency exchange globally, has exciting news for meme coin enthusiasts. On October 24, 2024, they will introduce a futures contract for the popular meme coin, Goatseus Maximus (GOAT). This new GOATUSDT perpetual contract will allow traders to leverage their positions by up to 75 times, making it an enticing option for those looking to maximize their potential gains. The announcement has already sparked interest, with GOAT’s price

MANTRA launches its mainnet, enabling tokenization of real-world assets on-chain

October 24, 2024 1 min read

MANTRA has officially launched its mainnet, a pivotal advancement in the world of blockchain aimed at integrating real-world assets (RWAs) onto the chain. This launch not only enhances the functionality of its OM token, which has transitioned from the ERC-20 standard to the MANTRA Chain, but also allows users to stake their OM tokens and earn rewards in the burgeoning RWA ecosystem. The introduction of MANTRA’s mainnet underscores its ambition

Decentraland Launches Revamped Virtual World with Enhanced Features

October 22, 2024 2 mins read

Decentraland has just unveiled an exciting new desktop client, marking a significant advancement in how users can engage with this pioneering decentralized virtual world. This beta version enhances performance and immerses users in a richer environment, while also introducing innovative features that pave the way for future developments and improved tools for creators. Transitioning from a browser-based platform to a more robust, Unity-powered desktop experience, Decentraland is aligning itself with

US attorneys ask President Biden to intervene in the detention of Binance executive by Nigerian authorities

October 22, 2024 1 min read

A group of 18 U.S. state attorneys general is urging President Joe Biden to intervene in the case of Tigran Gambaryan, a Binance executive who has been detained in Nigeria for over seven months. Gambaryan, a U.S. citizen, was arrested in February while addressing regulatory matters related to the cryptocurrency exchange. His colleague managed to leave Nigeria, but Gambaryan faces serious charges, including money laundering and tax evasion, which the

The US is lagging in stablecoin adoption due to regulatory challenges

October 19, 2024 1 min read

In 2024, the growth of stablecoins in the United States has hit a snag, even as Bitcoin gains traction following the introduction of spot Bitcoin exchange-traded funds. Recent studies indicate a drop in transactions on US-regulated platforms, primarily due to regulatory hurdles and limited adoption domestically. In contrast, stablecoins from emerging markets are experiencing a surge in usage. Around the world, stablecoins are increasingly being utilized for value transfers and