Crypto news

A phishing scam targeting the Stargate Snapshot platform resulted in significant financial losses. A Discord Moderator of LayerZero, the underlying network of Stargate, revealed that a scammer effectively carried out a deceptive proposal vote, utilizing a phishing link to manipulate users into staking STG tokens. Scammer Misleads Token Holders in Fake Proposal Vote The scam unfolded on the Stargate platform, governed by its token holders, who participate in voting on various...

The individuals accused of orchestrating the $8.5 million hack of Platypus Finance, an Automated Market Maker (AMM) protocol on Avalanche in February 2023, have been cleared of criminal charges by a French court, according to Le Monde. The defendants, identified as Mohammed and his brother Benamar M., were arrested approximately one week after attacking the platform. Defendants Assert ‘Ethical Hacker’ Defense Following the February hack of Platypus Finance, the efforts of...

Mantle, Ethereum’s Layer 2 platform, launched Mantle LSP, a liquid staking protocol. It positions itself among top providers, competing fiercely for the third spot in liquid staking volume, challenging rivals Lido and Rocket Pool. This Monday, Ethereum’s Layer 2 platform Mantle announced the launch of Mantle LSP “a permissionless, non-custodial ETH liquid staking protocol”. This marks the second key product from the Mantle ecosystem following the main Mantle network released in July 2022....

In a year marked by a massive recovery run in the broader crypto market, the non-fungible tokens (NFTs) sector has displayed a contrasting performance. While industry leaders like OpenSea have historically dominated the NFT space, relatively newer players, such as the Blur NFT marketplace, have emerged as formidable contenders. As of December 3, the Ethereum NFT market experienced a notable uptick in transaction volume, reaching an impressive $34.786 million. This surge...

Malta, November 15, 2023 – BC.GAME, a leading innovator in online gambling, proudly announces its recognition with the prestigious Best Casino Operator 2023 award by SiGMA. This esteemed accolade, presented at the SiGMA Europe 2023 event, marks BC.GAME’s distinguished standing among the world’s top online casinos. The award celebrates BC.GAME’s commitment to excellence in providing engaging and responsible gaming experiences. The Best Casino Operator 2023 award by...

Ethereum’s price has been blowing past several resistance levels recently. It is currently surging vertically, and the market participants are optimistic that a new bull market has begun. Technical Analysis By TradingRage The Daily Chart The daily chart shows that since the price broke above the 200-day moving average around the $1,800 level and the large bullish flag pattern, the market structure has shifted bullish once again. The $2,000 and $2,150 resistance levels have...

Ripple’s price has been moving sideways against USDT while plunging against BTC. Things are looking interesting on both charts at the moment. Technical Analysis By TradingRage XRP/USDT Price Analysis Against USDT, the XRP price has been consolidating above the $0.6 support level, failing to either break below or rebound to the upside. The relative strength index has also been hovering around the 50% mark, indicating that the momentum is neither bullish nor bearish. In case a...

While the price of Bitcoin (BTC) ballooned to a 19-month high this weekend, Ethereum (ETH) has kept apace, surging beyond $2200 for the first time since May 2022. On-chain analysts at CryptoQuant have identified three drivers behind the crypto’s stellar performance over the past month. Ultrasound Money Takes Effect As shared by analyst MAC_D, ETH broke through a key resistance/support level at $2000 last week, which marks the average price at which Ethereum users began...

Itau Unibanco, Brazil’s largest bank, has officially entered the cryptocurrency exchange market, launching a trading service for its investment platform clients. The service debuted on Monday and enables users to trade Bitcoin and Ether, the two most popular cryptocurrencies. Itau Expands Crypto Trading with Diverse Portfolio According to a Reuters report, Guto Antunes, the head of digital assets at Itau, revealed that the bank plans to expand its offerings to include other...

Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock. Crypto watchers might remember that a few years ago, Bitcoin was declared the top-performing asset of the 2010s, even beating out competitors like gold and stocks like Apple Inc (NASDAQ: AAPL). Now, it seems history is repeating itself, according to Infinite Market Cap, a platform that tracks the market capitalization of thousands of assets. As per...