Infini has taken legal action against a developer and other unknown individuals tied to a $50 million hack. The firm has sent an on-chain legal notice, warning the accused to appear in court or face the consequences. On-Chain Legal Notice Issued On February 24, several blockchain security platforms reported a suspected security breach on Infini, […]
Binance has suspended a staff member accused of using insider information from a previous role at BNB Chain to front-run a token launch. The action follows an internal investigation launched on March 23 after a complaint was filed with the exchange’s internal audit team. The Investigation The suspect, who was part of the Binance Wallet […]
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest […]
In a last-minute move before Republicans took control of the US Securities and Exchange Commission (SEC) in January, the agency’s commissioners held a decisive vote on whether to sue Tesla CEO Elon Musk over his delayed disclosure of stock purchases in Twitter, now X. The investigation, which had been ongoing since 2022, focused on Musk’s […]
TL;DR One of the media channels associated with Pi Network indicated that the PI token had been added to Telegram’s official wallet under certain conditions. Separately, the team noted that Pi community apps that have complied with network listing guidelines can secure their domains now without bidding. Team Updates The first update came from Pi […]
Dubai-based crypto market maker and investor DWF Labs has announced the launch of a $250 million Liquid Fund aimed at expanding blockchain projects of different sizes. According to a press release shared with CryptoPotato, the fund will provide investments ranging from $10 million to $50 million per project, with a focus on accelerating Web3 adoption. […]
While the crypto market struggles with the ongoing correction, some sectors are still seeing notable development activity. One of them is the decentralized finance (DeFi) space. A tweet by the on-chain intelligence platform Santiment has revealed the top ten DeFi projects by development. These projects include leading entities like the decentralized blockchain oracle network Chainlink […]
TL;DR The entire cryptocurrency market started to rally on Sunday and has posted impressive gains over the past 24 hours. However, there are a few exceptions, and Pi Network’s native token is among them, with another 6% slide. Bitcoin leads the pack in terms of daily gains as its price jumped to $87,000 for the […]
In the fourth quarter, Helium’s native token, HNT, saw a 20% quarter-over-quarter (QoQ) decline in circulating market capitalization, falling from $1.3 billion to $1.0 billion. The token’s price dropped by 22%, decreasing from $7.54 to $5.88. Despite the market downturn, the Helium network continued expanding. Growth in Hotspot Adoption According to Messari’s report, Helium Mobile […]
New research has confirmed the accuracy of the blockchain-based prediction platform Polymarket. According to the data collated and analyzed, the project is at least 90% accurate. Alex McCullough, a data scientist based in New York, conducted the research and outlined the results in a dashboard on the market analytics platform Dune. The dashboard tracks Polymarket’s […]