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A collection of 258 issues

Approximately 100,000 LayerZero Users Confess to Multi-Accounting

Brian Pellegrino, the CEO of LayerZero Labs, recently disclosed that around 100,000 addresses have admitted to being Sybils. This term, rooted in cybersecurity, refers to users creating multiple accounts on a network to manipulate or undermine the service, typically for personal gain such as fraudulently acquiring airdrops. Pellegrino shared

Mark Cuban Accuses SEC Chair of Incompetence, Suggests Potential Impact on Biden's Election Prospects

Entrepreneur Mark Cuban has publicly criticized the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, calling into question his competence and suggesting that his actions could potentially influence the outcome of the upcoming U.S. presidential elections in favor of the Democratic Party losing. Cuban, an

Chinese Scammer Arrested for Stealing Data to Claim 40,000 STRK Tokens in Starknet Airdrop Fraud

In a recent crackdown on cybercrime, Chinese authorities have apprehended a man accused of orchestrating a sophisticated fraud involving the theft of 40,000 STRK tokens, valued at approximately $49,000. The arrest, which took place on April 25, 2024, highlights the ongoing challenges faced in the digital asset space,

Google Cloud Launches Portal for Web3 Developers, Offering a Comprehensive Testing Platform for Blockchain Solutions

Google Cloud has announced the launch of a new platform specifically designed for Web3 developers. This portal aims to provide users with the ability to test and explore blockchain solutions offered by Google Cloud and its partners in a controlled environment. The service is set up to allow developers to

Tesla's Bitcoin Holdings Remain Unchanged in Q1 2024, Valued at $648 Million

Tesla, the renowned electric car and technology company, disclosed its financial results for the first quarter of 2024, revealing that its Bitcoin reserves have remained stable. According to the financial statement, the company led by Elon Musk continues to hold 9,720 BTC, which is currently valued at approximately $648

Binance Launches Megadrop Platform for Airdrops and Web3 Quests, Introducing BounceBit (BB) as the First Token

Binance, one of the leading cryptocurrency exchanges, has officially launched its new platform, Megadrop, designed to host airdrops and special Web3 quests for its users. This innovative platform integrates the Simple Earn product and the Binance Web3 Wallet, redefining user experiences in the airdrop segment, according to a recent press

US Senators Demand CFTC Chairman Disclose Details of His Relationships with Sam Bankman-Fried

US lawmakers have officially requested that Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC), provide a comprehensive report detailing his interactions with Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX. This move comes amidst growing concerns regarding the nature of their relationship and potential

Survey Reveals Investment Trends in U.S.: One in Five American Adults Under 42 Invests in Cryptocurrencies

A recent survey conducted by Policygenius, focusing on financial planning trends among U.S. citizens, has shed light on the growing inclination of younger generations towards cryptocurrencies and non-fungible tokens (NFTs), diverging from traditional stock market investments. The survey's findings underscore a notable shift in investment patterns across different age

MetaMask Launches Airdrop Verification Service in Collaboration with Daylight Project

In a significant move for crypto enthusiasts and wallet users, MetaMask, a leading cryptocurrency wallet, has officially announced the launch of its airdrop verification service. This innovative service is designed to enable users to check the availability of token airdrops from various projects directly within the wallet. This development is

SEC Case Verdict Finds Do Kwon and Terraform Labs Guilty of Fraud

New York, April 5, 2024 - In a landmark ruling, a New York court has found Terraform Labs and its co-founder Do Kwon guilty of fraud and the collapse of the Terra ecosystem, amounting to $40 billion. The decision, announced by the U.S. Securities and Exchange Commission (SEC), marks