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Fake WalletConnect App Steals $70K From Over 150 Victims on Google Play

WalletConnect has warned crypto users about a fake app previously available on the Google Play Store. In a September 29 post on X, the organization behind the open-source protocol that enables secure connections between crypto wallets and decentralized applications (dApps) said the offending app has since been removed from Google Play, but not before it reportedly stole more than $70,000 worth of crypto from unsuspecting users. Malicious App Targeted Mobile Users The issue...

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Impossible Cloud Network Launches ICNT: The Token Set to Disrupt the Future of the Cloud

[PRESS RELEASE – Hamburg, Germany, September 30th, 2024] Impossible Cloud Network (ICN), the frontrunner in decentralized cloud infrastructure, announces the forthcoming launch of the Impossible Cloud Network Token (ICNT). The token will fuel ICN’s mission to reshape the global cloud landscape by empowering users to leverage enterprise-grade hardware through a decentralized, accessible ecosystem. Impossible Cloud’s enterprise platform is exponentially growing and recently...

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How Likely Is an SEC Appeal in the Ripple (XRP) Lawsuit? Lawyer Chips In

TL;DR A potential appeal by the SEC is becoming more likely, with one expert estimating a 60% chance. However, he doesn’t have the best track history when it comes to this particular case. An Appeal on the Horizon? Despite the recent developments, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) remains ongoing. The latest important ruling occurred in August when Federal Judge Torres determined that the sales of XRP on secondary markets to...

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Shiba Inu Inks an Important Partnership to Foster the Development of Shibarium: Details

TL;DR Shiba Inu collaborates with Zama to integrate Fully Homomorphic Encryption (FHE) into its Shibarium layer-2 solution, aiming to enhance data privacy and security for transactions and smart contracts. Despite the development, SHIB’s price fell by over 6% in the past 24 hours. However, it remains up on a two-week scale due to recent rallies. Shiba Inu’s Latest Collaboration Shibarium’s Marketing Strategist, using the X handle LUCIE, revealed that Shiba Inu shook hands...

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Bitcoin Funding Rate Near Zero, Indicating Room for Growth

Bitcoin appears to have defied the historical trend of negative return for September, with almost 9% in gains for the month. At the time of writing, Bitcoin is trading above $64,000. As such, experts are now betting on a more favourable market conditions and a continued bullish trend for the world’s leading crypto asset. Room For Growth According to the latest update by Matrixport, Bitcoin’s funding rate has returned to near zero, despite recent price volatility. This...

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Bitcoin Will Hit New ATH Only After This Changes: Santiment

On September 27, bitcoin (BTC) reclaimed a trading price of $66,500 for the first time since late July. This surge was accompanied by bullish sentiments from many investors. Instead of going higher, the leading crypto asset has tanked below $64,000 at press time. Blockchain market intelligence platform Santiment shares insight into a possible reason behind bitcoin’s failure to unlock higher prices. What Could Drive Bitcoin’s New ATH? The chart below shows the rapid surge in...

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