Sep 27 2023
Einsteinia buyers have been struggling to push the price above the significant resistance region of $2K. The price is currently navigating a crucial range bounded by that level and the dynamic support provided by the 100-day moving average. A breakout from this significant price range will likely play a pivotal role in determining Ethereum’s overall …
Sep 27 2023
Dapper Labs, creator of the NBA Top Shot marketplace, has laid off 51 of its staff members. The latest round includes job cuts for full-time employees as well as C1 contractors. CEO Roham Gharegozlou said the move was necessary to ensure a ‘lean and efficient’ company. This is the third round of layoffs following the …
Sep 27 2023
The spot trading volume on decentralized exchanges plummeted by over 28%. Uniswap, however, maintained its dominance in the space. Spot trading volume across the top 10 decentralized exchanges (DEX) totaled $155 billion in 2023 Q2. This represented over a 30% drop from Q1. Despite the memecoin resurgence led by the PEPE in Q2, volumes on …
Sep 27 2023
Most of the seized counterfeit products, related to 258 brands, originated outside of Europe, specifically China, Hong Kong, Turkey, and Vietnam. Europol stated that the majority of the counterfeit items were sports and luxury goods, which criminals often advertised on social media networks. The operation, dubbed Fake Star and coordinated by Europol, was conducted between …
Sep 27 2023
Fraudsters took more than US$280 billion in COVID-19 relief cash, while another $123 billion was lost or misspent. The loss represents 10 percent of the $4.2 trillion the U.S. government has so far disbursed in relief aid. The analysis cited investigators and independent experts as suggesting that the government exercised too little control during the …
Jul 13 2023
The sanctions are a direct response to North Korea’s threat of launching a long-range ballistic missile last week. Kimsuky has orchestrated these cyber thefts via a means known as “social engineering,” according to multiple U.S. and South Korean intelligence and law enforcement agencies. In the realm of cybersecurity, social engineering involves deceiving a target into …
Jul 13 2023
The rate of lethal violence in the Amazon surpasses that of the rest of the country by more than 50%. The tragic deaths of environmental activists Bruno Pereira and Dom Philips serve as a stark reminder of the dangers faced by those who strive to protect the Amazon. Pereira, an expert on Indigenous peoples, and …
Jun 15 2023
Journalist María Teresa Montaño became obsessed with using the State of Mexico’s online procurement database to track down smaller and quirkier contracts. She suspected many contracts were fake, especially those handed to obscure companies based hundreds of kilometers away from her state. At least 17 journalists were reportedly murdered last year alone in Mexico, where …
Jun 15 2023
The United States Securities and Exchange Commission is determining which crypto-assets are securities. Several altcoins, including Cardano (ADA), have been labeled as security by the SEC. Subsequently, Input Output Global (IOG) – the developing firm behind the Cardano ecosystem – released a statement dismissing SEC’s claims that ADA is a security. In a recently published …
Jun 15 2023
Do Kwon, the co-founder of Terraforms Labs and the collapsed Terra-Luna ecosystem, has received reapproval from the Basic Court of Podgorica. Kwon and Han Chong-Joon, his associate, will be released on $430,000 bail each and detained in an apartment to be monitored by the police. The new development comes less than two weeks after a …