The Worldcoin token, co-founded by OpenAI CEO Sam Altman, has experienced a significant increase of over 186% in the past week. Despite rising controversial views on its methods and regulatory issues, the project has had major growth recently and has attracted a lot of users. On February 18, Worldcoin shared an update on X, revealing …
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Mar 01 2024
This Network Had as Many Users as Ethereum in 2023: Flipside Data
Polygon acquired 15.24 million users that year, coming close to Ethereum’s 15.4 million, with a difference of around 160,000 wallets. Flipside defines an “acquired” user as someone who engaged in at least two transactions on a specific blockchain, with at least one occurring in 2023. In January, achieved a remarkable milestone with 2.8 million acquired …
Feb 29 2024
Former BitMEX CEO Arthur Hayes Champions ‘Points’ Over ICOs in Crypto Fundraising
Former BitMEX CEO Arthur Hayes made a compelling case for the emergence of ‘points’ as a superior alternative to traditional initial coin offerings (ICOs) Hayes argued that points combine the best aspects of ICOs and yield farming while addressing their respective limitations. Unlike ICOs, there is no direct exchange of money for tokens, mitigating regulatory …
Feb 28 2024
macOS Users Beware: North Korean Hackers On the Prowl
Elastic Security Labs has uncovered a sophisticated cyber intrusion by North Korean hackers believed to be associated with the Lazarus group. This incident, tracked as REF7001, involved the use of a new macOS malware named Kandykorn, which has been specifically designed to target blockchain engineers involved in cryptocurrency exchange platforms. What sets this attack apart …
Feb 28 2024
SEC Reveals Multi-Factor Authentication Disabled Before False ETF Approval Post
The Securities and Exchange Commission (SEC) disclosed that multi-factor authentication (MFA) on its X account was disabled leading up to a false post. The incident occurred on Tuesday, January 9, 2024, when the SEC’s @SECGov account was compromised. Unauthorized posts regarding the approval of spot Bitcoin exchange-traded funds emerged. It was revealed that the unauthorized …
Feb 27 2024
Crypto Market Cap Surges to $2 Trillion, Bitcoin Taps $52K as ETH Trades at $2.8K: This Week’s Recap
The past seven days in the cryptocurrency market have been absolutely blasting. The total capitalization soared above $2 trillion for the first time in a long while. Bitcoin seems to be ahead of the pack for the most part, charting an increase of more than 10% in the last week. It appears that the investment …
Feb 26 2024
Why This Year’s Bitcoin Halving Is “Actually Different”: Grayscale
The upcoming Bitcoin (BTC) halving is likely a bullish development, but a slew of outside factors mean it likely won’t play out the same as in previous years. Last month, the company successfully converted its Grayscale Bitcoin Trust (GBTC) into the world’s largest Bitcoin ETF. The introduction of such ETFs may impact Bitcoin’S price as …
Feb 26 2024
Turkish Cypriot Lawyer Pleads not Guilty for Usurping Greek Cypriot Land
Kürşat was extradited from Italy, where he was arrested on New Year’s Eve. He is accused of providing legal counsel to Gary Robb, a British national, who was convicted of fraud in 2011. The court released him on bail after he pledged a 75,000 euros (US$80,685) bond. The Greek Cypriot owners of those properties were …
Feb 26 2024
EU, UK Impose New Sanctions on Putin’s Regime
The sanctions were imposed against 106 individuals and 88 entities responsible for perpetuating what the Council of the EU described as an illegal, unprovoked, and unjustified war of aggression. Those designated will be subject to an asset freeze, while EU citizens and companies are now prohibited from providing funds to them. The EU is “further …
Feb 25 2024
Transparency International: Weak Justice Systems Help Corruption Grows
Corruption will continue to thrive until justice systems can punish wrongdoing and keep governments in check, according to Transparency International. The organization noted that the majority of countries have shown minimal to no improvement in tackling public sector corruption. It warned that the rise in impunity for corruption is fueled by both authoritarian regimes and …