Crypto Project Loses Millions to Hack, But Market Remains Unfazed
Today’s update in the world of cryptocurrency.
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Crypto Clampdown: New South Korea Bill Set to Protect Investors from Scams in the Market!
South Korea has taken the first step in establishing a legal framework for cryptocurrency and protecting investors by approving a bill in the National Assembly, marking a significant development in the regulation of such digital assets.
Poly Network Hacked: Users Advised to Withdraw Funds Immediately
Poly Network has advised users to withdraw their funds immediately after a recent hack that put 57 crypto assets at risk, prompting the need for enhanced security measures in the crypto space.
NFT Theft Alert: 50% of Stolen Digital Collectibles Sold Within Minutes on Blur and OpenSea
According to PeckShield’s report, the total value of stolen NFTs in June was $2.27 million, marking the lowest number of monthly NFT thefts in 2023.
From Bitcoin to Gold: How Miners are Raking in Profits in New Markets
Bitcoin miners are expanding their revenue streams through high-performance computing in new markets.
Winklevoss: SEC’s Decision on Bitcoin ETF Hurts U.S. Investors and Fuels Risky Alternatives
Gemini co-founder Cameron Winklevoss expressed his strong dissatisfaction with the SEC’s decision to reject a spot Bitcoin ETF, stating that it has caused significant harm and negative consequences for investors in the United States.
AI-Generated Fake News Fuels Gary Gensler Resignation Rumors
The latest false rumors regarding the resignation of SEC chair Gary Gensler allegedly involved text generated by artificial intelligence on a newly created website.
Twitter’s Temporary Tweet Restrictions Unveiled by Elon Musk – Here’s What You Need to Know
In a recent announcement, owner Elon Musk revealed that Twitter now imposes a temporary limit on the number of tweets users can read daily.
Social Media Platforms Identified as Primary Source of Crypto Scams, Says Blockchain Australia CEO
Simon Callaghan emphasized the need to initiate action on popular social media platforms and communication channels, as these are the primary sources from where a majority of cryptocurrency scams originate.
Coinbase and Blockchain Association Unite Against US SEC Crypto Regulations
The Blockchain Association, a U.S. bitcoin business lobbying group, reportedly requested SEC Chair Gary Gensler to resign from his position as the industry’s regulator, according to critics who disagree with his public statements.