CoinspeakerCoinMarketCap Releases Its H1 2023 Report on Crypto Market According to the CoinMarketCap report, the global crypto market demonstrated continued growth in the second quarter of the year, with the total market capitalization reaching $1.17 trillion. CoinMarketCap Releases Its H1 2023 Report on Crypto Market
Read More »Canadian Phishing Scammer Exposed For Stealing Over $1 Million In Crypto And NFTs
Popular on-chain sleuth ZachXBT has unmasked another crypto scammer responsible for stealing millions of dollars in digital assets using sophisticated phishing attacks. The thief’s targets included the discord services for DeFi projects such as Orbiter Finance and Pika Protocol. Impersonation and Confiscation In a Twitter thread published on Monday, ZachXBT explained that the attacker, Soup (aka Dan) enacted his scam by impersonating Luke Hamlton – an employee for the crypto...
Read More »User Traffic Drops on Twitter as Threads Surpasses 100M Users
CoinspeakerUser Traffic Drops on Twitter as Threads Surpasses 100M Users In less than a few hours after the launch, Threads received over 10 million sign-ups, a figure that has been growing remarkably since then. User Traffic Drops on Twitter as Threads Surpasses 100M Users
Read More »YouTuber Turned NFT Scammer? On-Chain Sleuth Investigates $1.5 Million Crypto Thief
Blockchain detective ZachXBT has implicated a YouTuber with over 120,000 subscribers in over $1.5 million worth of crypto scams over the past two years. Some of those scams are connected to the infamous Monkey Drainer, an anonymous and boastful phishing scammer known for stealing people’s NFTs. Linking “Blue” to Monkey Drainer Before entering the world of crypto scams in July 2021, the scammer – known as either “BlueXBT” or “JB Adventures” (Jack) – had grown his YouTube...
Read More »Vitalik Buterin Lauds Bitcoin Ordinals, Believes BRC-20 Standard Could Revive Stagnancy
Bitcoin maximalists have proved to be highly staunch supporters of the crypto asset. For more than a decade, they have stayed as a united front, but the advent of Ordinals shook up the long-standing narrative. 2023 will be known for many things, one of them being – the Bitcoin community’s split into two warring factions. The first cohort are Ordinals skeptics and supporters of “staying true” to Bitcoin – using the asset purely to process transactions. The second cohort is...
Read More »Leaked Metaverse Strategy of European Union Includes Regulatory Sandbox & Governance Structure
CoinspeakerLeaked Metaverse Strategy of European Union Includes Regulatory Sandbox & Governance Structure The European Commission said that it seeks to explore the potential of digital cooperation models, which includes the decentralized autonomous organizations (DAOs) underpinning different financial applications. Leaked Metaverse Strategy of European Union Includes Regulatory Sandbox & Governance Structure
Read More »Justin Bieber’s BAYC Investment Turns Sour as Paper Losses Mount to $1.24 Million in 18 Months
Justin Bieber might be iconic on stage, but his investment strategy, at least in terms of NFTs, certainly missed the mark. The famous Canadian pop star paid $1.3 million for a Bored Ape NFT last year, which is now worth only around $59,000. Foraying the hyped NFT space during the digital asset bull run seemed like a lucrative and exciting addition to many celebrities’ investment portfolios. However, many who sang the praises of these non-fungible tokens have not managed to...
Read More »BAYC Has Tanked 90% as NFT Collection Floor Prices Plummet
Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the industry, such as Yuga Labs’ Bored Ape Yacht Club, are heavily discounted. On July 3, Reflexivity Research co-founder Will Clemente revealed that BAYC was down 90% from its all-time high. Floor prices for the Ape-themed NFTs have slumped over the past few days, falling 23% over the last week. According to NFT marketplace OpenSea, the floor price...
Read More »Ronaldo Teams with Binance to Launch His Second NFT Collection
CoinspeakerRonaldo Teams with Binance to Launch His Second NFT Collection The NFT collection, which was launched today is tagged "Forever CR7: The GOAT" and focuses on Ronaldo's big career achievements, especially his goals on the football pitch. Ronaldo Teams with Binance to Launch His Second NFT Collection
Read More »UK Passes Legislation to Support Safe Adoption of Crypto Assets Post Brexit
The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles. Having successfully secured its independence from the European Union through Brexit, the United Kingdom (UK) continues to reorganize its internal policies to attract international investors and streamline bilateral trade. In the latest developments under the leadership of Prime Minister Rishi Sunak, the UK government announced the Financial...
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