Abdulkarim Abdulwahab
Sentiment Protocol to Reimburse Users 100% of Funds Lost to Exploit
Sentiment liquidity protocol announces 100% reimbursement for users. A hacker stole $1.09M worth of USDC, USDT, FRAX, and Ethereum tokens. However, 90% of the funds…
On-chain Gaming Accounts for 45.6% of dApp Activities in Q1 2023
Gaming activity fell 3.33% in March yet accounted for 45.6% of the dApps industry. Polygon's daily active wallets grew 53%, becoming the second-largest gaming chain.…
Terra LUNA Executives Are Under Investigation for Embezzling ₩414B
Terra CEO and other execs are accused of deceiving investors and collecting $350M. Authorities seized the Seoul apartment of Hyun-Seong and other properties. Assets that…
CoinGecko’s Survey Unveils at Least a Fourth of Crypto Holders own 51 NFTs
At least one in four NFT holders are avid collectors with 51 or more NFTs. NFT adoption has gained traction in the last three years.…
Advocacy Group Campaigns for FTX Creditors to Speak Up, Recover Funds
DCTA launched a campaign for FTX creditors to assist in the bankruptcy process. The advocacy group claimed the bankruptcy proceedings have been opaque. Media outlets…
Crypto Market Grows 50% YTD Despite Q1 Crisis: CMC Report
According to CMC, the global crypto market has seen significant growth in the first quarter. In Q1, investors fled to BTC and ETH, propelling their…
Americans Expend $12B a Year on Intl Transfer Fees: Coinbase Report
Americans spent $12 billion in fees to send an estimated $200 billion abroad. The traditional remittance systems took ten days to deliver despite the $12B.…
Shanghai Upgrade to Unlock 17M ETH Next Week: What to Expect?
Shanghai upgrade is set to unlock 17 million ETH tokens from April 12. The withdrawal process is dynamic depending on the number of exiting validators.…
Top Crypto Tax-Friendly and Worst Countries With Up to 50% Tax
The top tax-friendly countries include Singapore, Panama, Malaysia, and Germany. UAE offers a zero percent tax on income and capital gains. Belgium charges a 33%…
Arbitrum (ARB) Token Dump and Arbitrum Community FUD Explained
Arbitrum Foundation proposed to allocate the 750M ARB for administrative costs. While 70% of ARB holders voted against it, Arbitrum moved 50.5 million ARB regardless. …
