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Category: Cryptocurrency

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Reports in the media about the Huobi stake sale are called “April fools pranks” by Justin Sun

Sun sent the tweet in response to a Bloomberg News report on April 1 that stated that the founder of Tron was planning to “raise funds” by selling an undisclosed stake in Huobi Global.   Justin Sun denied reported rumors about him being in talks to sell a stake in crypto exchange Huobi Global — calling them…
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With a Bitcoin whitepaper, Kraken sponsors a Formula One car

The vehicle will also feature numerous other pieces of exchange branding. As reported on Twitter on March 31, the cryptocurrency exchange Kraken sponsored a Formula 1 (F1) sports car with a section from the Bitcoin whitepaper. Kraken logo is actually BTC whitepaper The Kraken logo, featured on a car belonging to Formula 1 team Williams…
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Vitalik Buterin identifies a major obstacle for Ethereum’s future and suggests a solution

Maintaining the multi-client philosophy while leveraging ZK-EVM capabilities for improved Ethereum security and decentralization. In a recent blog post published this past weekend, Ethereum co-founder Vitalik Buterin reflected on an “underdiscussed, but nevertheless very important” aspect of the Ethereum ecosystem. “How will Ethereum’s multi-client philosophy interact with ZK-EVMs,” is the title of the post. zeroed…
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Open Interest in XRP Perpetual Futures soars to $610 million

The XRP derivative market indicates strong positive sentiment, some expect the SEC lawsuit to conclude soon. Since March 24, the XRP Perpetual Futures Open Interest (PFOI) has increased significantly to approximately $610 million at its peak. Open interest alludes to the quantity of open prospects contracts merchants hold toward the finish of an exchanging day.…
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Phishing caused the loss of over 1 million Arbitrum tokens

Peckshield, a blockchain security company, reported on March 31 that over a million Arbitrum (ARB) tokens had been stolen by two malicious individuals. The report says that an exploiter-connected wallet called “0xbd4E” bridged 933,375 ARB to 713 Ethereum (ETH), which is worth $1.27 million, and connected those tokens to the Ether mainnet. The stolen 105,000…
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European withdrawals website launched by FTX EU

Finance Magnates reported on March 30 that FTX EU has launched a website for former European customers to submit withdrawal requests.   Site is for withdrawals; license remains suspended According to statements cited by FTX EU, the website ftxeurope.eu will only deal with claims for fiat balances and will not offer any other services. The…
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Over 12% increase in Algorand’s price

Algorand (ALGO) — the blockchain-based cryptocurrency protocol that leverages proof-of-stake technology — is up over 12% in 24-hour trading.     Algorand’s recent push into India On Walk 29, Algorand detailed that it had set up its own committed group for Algorand Establishment’s activities in India. Algorand Foundation CEO Anil Kakani stated in an interview…
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Deposits and withdrawals from BSC are temporarily suspended by Binance

A suspension of deposits and withdrawals from the Binance Smart Chain (BSC) network was announced by Binance. The problem was thought to be a problem with a node; the team has said that it will be fixed in an hour. The exchange announced that scheduled wallet maintenance would take place on March 30 at 07:00…
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Binance freezes $2M from alleged insider trader

According to Binance CEO Changpeng “CZ” Zhao, the cryptocurrency exchange had frozen $2 million associated with an alleged insider trader’s crypto address. In a Walk 28 Twitter string, FatMan Land said a mysterious individual front-ran a few Binance altcoin postings to book a seven-figure benefit. The crypto influencer explained how the trader’s “covert operations” were…
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SafeMoon’s liquidity pool was compromised; The public is to blame for the bug

The liquidity pool (LP) for the DeFi project SafeMoon has been compromised, according to a statement from the project on Twitter on March 28.   SafeMoon LP compromised SafeMoon stated that it is working to resolve the issue, but provided few additional details. The project’s initial statement was also retweeted by SafeMoon CEO John Karony, aka…
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