Author: Editorial team -CoinShastra
Understanding the Factors Behind Bitcoin’s Decline: Debt Ceiling Talks Take Center Stage
Following a favorable development in the U.S., Bitcoin prices experienced a notable surge as the country’s inflation data showed a decrease, slipping below 5% compared to the previous year. This…
Cardano Wallet Lace Takes a Trustworthy Turn by Going Open-Source
Cardano Wallet Lace, in response to the recent concerns surrounding the integrity of crypto wallets, has made a significant move by going open-source. This decision aims to restore trust and…
Launch of Russia’s Digital Ruble Pilot Faces Delays
The eagerly awaited digital Ruble pilot, initiated by the Central Bank of Russia (CBR), has been postponed until the end of July. The delay is attributed to the need for…
Sotheby’s Auction of 3AC NFTs Yields $10.9M, with “The Goose” Fetching $6.2M
Sotheby’s, the renowned auction house, recently concluded another successful sale of non-fungible token (NFT) artwork from the bankrupt crypto hedge fund Three Arrows Capital (3AC). The auction, held in New…
Crypto Scammers Exploit Fake Token Claims, Defrauding Thousands and Amassing Millions
A report by AegisWeb3 has shed light on the alarming rise of crypto scammers who have defrauded over 14,000 individuals, accumulating approximately $6.4 million through fake token claim scams. The…
Solo Bitcoin Miner Defies Odds to Secure 6.25 BTC Block Reward
In a surprising turn of events, a solo Bitcoin miner has emerged victorious, earning the coveted 6.25 BTC block reward by solving block 793607. Armed with an Antminer S9, boasting…
Binance Assists US Authorities in Freezing $4.4 Million Linked to North Korea
Binance, a prominent cryptocurrency exchange, has partnered with US law enforcement agencies to seize $4.4 million worth of crypto assets connected to cybercrime organizations operating in North Korea. The joint…
Etherscan Employs OpenAI’s AI Tool to Decode Ethereum Smart Contract Source Code
Etherscan, a widely used Ethereum blockchain scanning platform, has introduced an innovative tool powered by artificial intelligence (AI) to aid users in understanding and analyzing the source code of smart…
AsetPay to Launch Billion-Dollar Gateway Solution on Polygon’s MATIC Network, Unleashing Ethereum Scaling Benefits
AsetPay, a leading platform enabling users to buy, sell, and securely store cryptocurrencies, has revealed its plans to integrate the Pure system into the Polygon (MATIC) network. This integration will…
Surge in Staked Ether Following Shapella Upgrade as Interest in Passive Yield Grows
Since the implementation of the Shapella or Shanghai upgrade on Ethereum on April 12, interest in staking ether ($ETH) and earning passive yield has experienced a significant surge. Data provided…
Mordinals on Monero Sparks Debate on Balancing Privacy, Security, and Storage Requirements
Monero, the renowned privacy-focused blockchain, has recently introduced Mordinals (Monero Ordinals), allowing users to attach arbitrary data to transactions on the network. However, this move has sparked controversy within the…
EOS EVM v0.5.0 Release Marks Significant Progress on Mainnet
The EOS EVM community is gearing up for a major upgrade with the release of EOS EVM v0.5.0 on its mainnet. This highly anticipated update brings exciting features such as…
Compound and Arbitrum Join Forces to Transform Crypto Lending
In a groundbreaking move set to transform the landscape of decentralized finance (DeFi), Compound, the leading decentralized lending protocol, has successfully deployed on the Ethereum Layer-2 solution Arbitrum. Earlier during…
DeFi Lending Platform Sturdy Finance Falls Victim to Exploit, Losing Over $750K
DeFi lending platform Sturdy Finance has fallen victim to an exploit that resulted in the loss of 442 ETH, equivalent to approximately $768,800. The exploit was brought to light by…
Gemini and Bankrupt Lender Genesis Seek Dismissal of SEC Lawsuit Over Earn Program
Gemini, a cryptocurrency exchange platform, and Genesis Global Capital, a bankrupt crypto lender, have jointly filed a motion to dismiss a lawsuit brought by the U.S. Securities and Exchange Commission…
Bharat Web3 Association (BWA) to Submit Proposal Urging Restoration of UPI Access for Crypto Exchanges in India
The Bharat Web3 Association (BWA), an influential cryptocurrency advocacy group in India, is set to submit a proposal to the Indian government and the Reserve Bank of India (RBI) urging…
Legal Battle Threatens ConsenSys’ Future Over Alleged Unfair Asset Transfer
ConsenSys, a prominent Ethereum development company, is currently facing a shareholder vote over a controversial transfer of company assets. The dispute stems from allegations that ConsenSys executed a series of…
Japan Strengthens Anti-Money Laundering Measures for Cryptocurrencies
Stricter anti-money laundering (AML) measures will be imposed in Japan starting from June 1, targeting cryptocurrency transactions. The decision came after the Financial Action Task Force (FATF), an international financial…
Australian ‘Big 4’ Bank Trials Crypto Payment Protection to Combat Fraud
Westpac, one of Australia’s prominent ‘Big Four’ banks, has recently unveiled its inaugural trial of scam protection measures aimed at countering fraudulent activities associated with cryptocurrencies. In order to mitigate…
Cosmos Accelerates DeFi Adoption with Native USDC Support, Aims to Catalyze Growth
The decentralized finance (DeFi) space has thrived on networks like Ethereum and Solana, thanks in part to the seamless access to stablecoin functionality. However, the same level of vibrant DeFi…