Author: Lalit Mohan
Bitcoin Cash Agrees to Network Scaling and Prepares to Upgrade the Adaptive Blocksize Limit
Adaptive Blocksize Limit Algorithm to Be Added to Bitcoin Cash in May 15th Upgrade With a network-wide upgrade scheduled for May 15, Bitcoin Cash, a top-15 cryptocurrency that prioritizes usability,…
As Tesla Increases the Range of DOGE Payment Support, Dogecoin Soars
In an update to its homepage’s Frequently Asked Questions section, Tesla Motors expanded on its support for Dogecoin (DOGE) as a payment method. Due to this, DOGE has seen a…
April saw the creation of over 138 tokens due to the meme coin craze
According to blockchain analyst Crypto Koryo, CoinMarketCap listed over 138 new memecoins that were introduced last month using the ERC-20 standard. CoinMarketCap lists a small portion of deployed tokens, despite…
$1.27 million is lost due to the Gnus.AI Discord hack
A token-minting exploit that affected the Gnus.AI artificial intelligence network on May 5 caused it to lose roughly $1.27 million. The Genius (GNUS) token will soon be updated, and consumers…
The CTO of Bitfinex disputes reports of a ransomware outfit compromising data
Paolo Ardoino, the chief technology officer of Bitfinex, is doubting social media rumors that the exchange was the target of a significant data breach, as the hacking organization FSOCIETY stated…
Sybil farmers have the opportunity to “self-report” using LayerZero in the interest of durability
It seems like LayerZero Labs has no interest in engaging in sybil activity or excessive airdrop farming. The developer wrote to X on Friday, saying, “We think it is in…
Sui inventor predicts the arrival of cryptocurrency’s “ChatGPT moment” as the protocol marks one year of mainnet existence
With a hectic year that includes going live on the mainnet and announcing new collaborations with Google and TikTok parent company ByteDance, Mysten Labs, the maker of the Layer 1…
Logos signs the biggest Bitcoin block ever with its manifesto
The largest-ever Bitcoin BTC block mined in history was engraved with the manifesto document of Logos, a decentralized and privacy-focused technological stack. The 3.99 MB inscription was written ahead of…
India Declares ‘Successful’ Counterattack on E-Nugget Scam, Seizing $10 Million in Cryptocurrency From Networks
In the E-Nugget case, ED claims a successful operation. Last Monday, the Directorate of Enforcement (ED) in India declared that it had successfully combated “a major online gaming app scam…
Following losses, the Grayscale Bitcoin ETF saw its first inflow
This occurs after the fund had withdrawals totaling $1.6 billion prior to the Bitcoin halving. GBTC reported a net inflow of $63 million on May 3, based on information provided…
First ‘Power-Level Over 9,000’ Airdrop With $10 Million in Tokens Revealed by Saga
Saga is a gaming-focused layer-1 blockchain that recently generated a lot of buzz for the debut of its mainnet and token by rewarding DeFi stakers on multiple networks and launching…
Eight hundred weeks after its birth, Bitcoin has processed more than one billion transactions
The world’s most valuable cryptocurrency, Bitcoin BTC +1.35%, has processed more than one billion transactions in the eight hundred weeks and one day since its launch on January 3, 2009,…
Commissioner Johnson of the CFTC makes AI recommendations while integrating DeFi
Kristin Johnson of the Commodity Futures Trading Commission put out suggestions to handle artificial intelligence in financial markets, including decentralized finance, including stiffer fines. During the Sidley Austin and Rutgers…
ckUSDC Sepolia, an ICP copy of USDC under the ckERC20 Token Standard, is released by Internet Computer
After obtaining them, users can deposit Sepolia USDC and ETH to mint ckUSDC and ckETH, respectively. A non-profit organization called DFINITY Foundation is creating technologies for the Internet Computer (ICP)…
Authorities in the Netherlands detain a ZKasino team member over claims of rug pulls
A 26-year-old man was taken into custody by Dutch financial crime detectives on Monday on allegations of money laundering, fraud, and embezzlement in connection with a purported rug pull operation…
After launch, the price of FriendTech token drops due to claim problems
The native Friend token of FriendTech saw a significant decline, falling from over $10 at launch to $1, representing a collapse of more than 90% before a minor recovery. According…
$63 million inflow into Grayscale’s GBTC spot bitcoin ETF ends a 78-day outflow trend
After 78 days of nonstop withdrawals, Grayscale’s GBTC spot bitcoin exchange-traded fund saw its first-ever daily net inflows on Friday since it was converted. By May 2, GBTC had lost…
“Nyan Heroes,” a Solana game, is coming back with more play-to-airdrop rewards
Nyan Heroes, a hero shooter that resembles Overwatch and was first tested in late March and early April as part of an early alpha trial, will restart its online servers…
Standard Chartered Fears a $50K Drop in Bitcoin Prices
Bitcoin Could Plunge to a Range of $50,000–$52,000 According to Standard Chartered Bank, the recent decline in Bitcoin’s value below $60,000 may be an indication of further difficulties to come….
Pantera makes an investment in TON with great hopes for the future of Telegram
An undisclosed sum has been invested by Pantera Capital in The Open Network (TON). According to the company, TON’s link to the Telegram messaging application is the driving force behind…