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Read More »BitKeep Wallet Exploited for $8M in BNB, ETH, USDT, DAI
PeckShield, the blockchain analytics and security company, reported earlier today that some BitKeep wallet users had their funds drained from the platform. According to the current estimations, the total amount stolen is roughly $8 million in various digital assets. After Hacktober, which was the worst month in the crypto industry in terms of hacks and exploits, the attackers seem to be back on the offensive as of now. The latest to fall victim is the BitKeep wallet,...
Read More »White Hat Hackers Crack the Code: Over $65M in Crypto Bug Bounties Since 2020
Immunefi, a leading bug bounty platform for the cryptocurrency industry, has paid out a total of $65 million to white hat hackers since its founding in 2020. These ethical hackers search for vulnerabilities in smart contracts and blockchain projects and are rewarded for reporting them to Immunefi. This helps to secure users’ assets and prevent bad actors from stealing funds. Smart Contract Bugs Account for Majority of Paid Reports According to Immunefi, 58.3% of the paid...
Read More »Ethereum’s History: From Whitepaper to Hardforks and the ETH Merge
Ethereum, the second largest cryptocurrency, is the home of smart contracts and decentralized applications (dApps), holding a major share of the total value locked in the sector. Ethereum’s dominance in the dApp market was up to 90% before other rival platforms were created. Nonetheless, Ethereum is still the undisputed king of dApps. Despite its high fees, the platform is still the first choice for different applications, ranging from finance, exchanges, and storage to...
Read More »Citron Research: Ethereum Is the Best Crypto for Shorting
Citron Research is betting big against cryptocurrencies. In particular, the company is focusing on Ethereum, which it claims is the best digital asset to short at the time of writing. Citron Research Is Pushing Ethereum Crypto has been treated rather unfairly throughout 2022. The year has arguably been the worst for the space, with several digital currency and blockchain firms filing bankruptcy and falling off the Earth’s grid. It’s a sad and ugly sight to see, and one...
Read More »LBank Presents TechFest International Blockchain Summit In Bombay
TechFest IIT Bombay is Asia’s Largest technology festival where the world’s leading crypto influencers gather with key government delegates, media and other investors to assist the global blockchain and cryptocurrency communities. It is one of the most prestigious events of the global cryptocurrency and blockchain ecosystem. Furthermore, the festival combines young minds and blockchain enthusiasts in one place to provide knowledge about the industry to the community. The...
Read More »LBank Exchange Will List DiDimCoin (DDC) on December 23, 2022
INTERNET CITY, DUBAI, Dec 22, 2022 – LBank Exchange, a global digital asset trading platform, will list DiDimCoin (DDC) on December 23, 2022. For all users of LBank Exchange, the DDC/USDT trading pair will be officially available for trading at 6:00 UTC on December 23, 2022. As a blockchain-based global social commerce platform, DiDim maximizes the true value of all users by introducing a platform that connects e-commerce, markets, exchanges, payments, and content. Its...
Read More »dApp Industry Thrives Despite Crypto Winter: DappRadar
The cryptocurrency market is facing one of its most brutal crypto winters, marked by a sustained drop in digital asset prices and the failure of major crypto companies, as well as high-profile cases of hacks and heists. Nonetheless, a recent report from blockchain data and analytics firm DappRadar suggests that the industry may not be in such a gloomy state, as it has shown remarkable resilience and maturity amid the crypto winter. According to DappRadar’s 2022 Industry...
Read More »Nearly 60% of NFT Trading Volumes in 2022 Was Wash Trading: Report
A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this year were wash trades. Wash trading is a form of market manipulation in which a trader buys and sells a security to create the appearance of increased trading volume and activity in the market. In crypto, these activities involve buying and selling digital assets – fungible or non-fungible tokens – on trading platforms, intending to inflate...
Read More »Crypto Twitter Speculates Binance Looking at Raising Funds from Berkshire Hathaway
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