Abdulkarim Abdulwahab
Algorand CTO Says the $9M Hack Was Not a Fault From Their End
In a recent tweet, John Wood, the Chief Technology Officer (CTO) at Algo Foundation, provided an update regarding a $9 million exploit that impacted a few accounts. Wood clarified that,...
Binance Clarifies Forbes Report and Calls It an Intentional FUD
Binance, the largest crypto exchange, has refuted the claim by Forbes that the business secretly moved $1.8 billion in collateral designed to support the Binance stablecoin, BUSD. “While Binance has...
Third-largest Equity Crowdfunding Site in US Cancels $75M Metaverse Fund
Republic, the third-largest equity crowdfunding portal in the United States, has backtracked its steps on a $75 million Metaverse investment due to recent regulatory actions from the Securities and Exchange...
Ethereum Core Developer Explains Why Goerli Testnet Will Shutdown
In a recent tweet, Ethereum core developer, Tim Beiko, noted that the popular Goerli testnet would eventually be shut down. However, he also highlighted that future testnets, including Sepolia, will...
Crypto Community Trolls Solana as it Suffers Major Network Outage
The crypto community makes fun of the Solana blockchain as it has suffered another major network outage in recent times. “How is this proof-of-stake blockchain in the top ten crypto...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
The crypto community’s attention has been drawn to a tweet by a MakerDAO delegate, PaperImperium, chastising Rune Christensen, a co-founder of MakerAO. The ambassador highlighted a section of the Maker...
Will Full Blocks Destroy Bitcoin? Saylor Argues with Digital Scarcity
Michael Saylor, the chairman of MicroStrategy Inc., recently shared his opinion about the possibility of full blocks destroying the Bitcoin network, which was a question asked by a crypto enthusiast....
Whales Move Over 10,000 BTC to Unknown Wallets in the Past 24 Hrs
On Friday, Whale Alert, an AI service that tracks coin movement across several blockchains, captured multiple outflows of funds in and out of unknown wallets. Over the past day, Whales...
Solana Is Back as a Genuine L1 Contender: Coinbase
In a research report published on Wednesday, the US-based crypto exchange, Coinbase, argued that the fundamental value proposition of the Solana blockchain persists from a technical perspective, regardless of the...
SEC vs XRP: Anti-graft Agency Supports Motion to Unseal Hinman Docs
The US whistleblower and anti-corruption watchdog, Empower Oversight, complained that the Securities and Exchange Commission (SEC) has repeatedly denied transparency organizations access to information of public interest, especially regarding the...
Daily GitHub Development Activities on Ethereum Beat Polkadot, Cardano
The Ethereum (ETH) blockchain has surpassed the blockchains of Polkadot (DOT) and Cardano (ADA) to become the most active crypto network in terms of daily GitHub development activity. According to...
Ethereum Shapella Upgrade Ready to Go Live on Testnet
The Ethereum blockchain has officially confirmed the date of the next major network upgrade after the transition to proof-of-stake. According to an official blog post published on Tuesday, Sepolia Shapella...
Hong Kong Govt to Allocate $50M to To Expedite Web3 Development
In a recently published budget statement, the Hong Kong government expressed strong interest in the third-generation Internet industry, Web3, aiming to seize the opportunity to spearhead innovation and development. The...
Fetch.ai Blockchain Collabs with Bosch to Start a Web3 Foundation
The Fetch.ai (FET) blockchain has partnered with the Bosch Group, a leading tech firm, to form a new Web3 foundation aimed at researching, developing, and harnessing Web3 technology for real-world...
Venture Funding for New Crypto Projects Is Dead: Kevin O’Leary
Famous Canadian businessman, Kevin O’Leary, asserted that venture funding for new crypto projects is virtually dead and that existing projects would later be sold at massive discounts. O’Leary expressed this...
Data Shows Binance Is Now the New Leader of Derivatives after FTX
According to a blog post by Kaiko, an institutional-grade crypto market tracker, the Binance exchange has taken over from FTX as the market leader in the perpetual futures space, with...
Chinese Token CFX Surges by Over 390% In the Last Seven Days
Conflux (CFX), the public and permissionless blockchain in China, topped all cryptos in performance, including Bitcoin (BTC), by a seven-day growth of 397.24%. CFX trades at $0.2449, at the time...
Crypto Firms Spend Record $21 Million on Washington Lobbying in 2022
OpenSecrets, an organization that tracks money in politics, analyzed disclosures from over 50 players in the crypto industry and found that the sector expended a record-breaking $21.55 million on Washington lobbying...
Analytic Firm Argues against the Notion that 6 Coders Control BTC
Data analytic firm, CoinShares, has argued against the popular notion that only a handful of individuals control the development of the network that underpins the nearly $500 billion cryptocurrency, Bitcoin....
Crypto lawyer: It’s Really Hard to Navigate without Any Clear Rules
In a recent interview, crypto lawyer Mike Selig argued that the US Securities and Exchange Commission (SEC) would find it challenging to regulate crypto without clear rules. Selig suggested that...
Ethereum Is 55% Complete Post-merge, Far From Buterin’s Plan: Reports
In the past few years, the Ethereum blockchain has undergone many refinement phases geared toward making the network more efficient. While crypto enthusiasts eagerly await the next upgrade, the market...
Crypto Trader Argues Less BUSD Use is Bullish BNB, Zhao Agrees
A crypto trader with the username ReetikaTrades on Twitter theorized that the absence of the Binance stablecoin, BUSD, on the market would put the Binance coin BNB in a better...
Bitcoin Deposits to Singaporean Digital Asset Bank Doubles in 2022
Despite the widespread turbulence that rocked the crypto industry in 2022, DBS Digital Exchange (DDEx), a leading financial services group in Asia, reported an 80% increase in Bitcoin (BTC) trades...
Ripple Plans To Double Crypto Donations to Turkey, Syria
The Ripple blockchain has said it will donate a $1 million humanitarian fund in crypto to support non-governmental organizations (NGOs) providing relief to the earthquake victims in Turkey and Syria....
