Category: ETH

TL;DR Ben Armstrong, also known as BitBoy Crypto warns his followers that he is planning something which will change the crypto industry forever. BitBoy Crypto is a Youtube influencer that has more than 1.5 million followers on his YouTube account. The controversial but well-known youtube crypto influencer Ben Armstrong, also known as BitBoy Crypto by his…

TL;DR Acala network, the defi protocol for Polkadot, has suffered a breach, and its stablecoin depegged from the dollar. Acala Network’s aUSD stablecoin currently sits below $1, dropping as low as 0.58 at one point.It is reported that hackers collected approximately $1.2 Billion $AUSD. Polkadot’s decentralized finance protocol Akala Network is in significant trouble as reports…

Microstrategy’s Former CEO Michael Saylor pointed out in a recent interview for Stansberry Research that he would rather win in a volatile fashion than lose slowly. Saylor continues to say that the volatility will only impact short-term investors and public companies. Bitcoin has outperformed every single company on the stock market in a longer timeframe.  MicroStrategy’s…

Tron’s co-founder Justin Sun’s account was blocked on Aave this Saturday. According to Sun, the account was blocked after he randomly received 0.1 ETH from Tornado Cash. De-fi Protocol Aave has not issued a statement as of yet.  A lot has happened since the U.S Government sanctioned Tornado cash, the mixing token that makes Ethereum transactions untraceable,…

TL;DR The software developer arrested by Dutch authorities earlier this week is Alex Pertsev, according to The Block.Tornado Cash DAO’s website has gone offline since the arrest. Dutch police arrested suspected Tornado Cash developer on Wednesday, 10 August. According to The Block, the software developer is Alex Pertsev, as confirmed by his wife, Ksenia Malik.…

Barca studios have sold its 24.5% stake to Orpheus MediaAccording to a tweet shared by Socios CEO Alexandre Dreyfus, the following acquisition will help boost web3, and NFT content development. Sharing more details, Dreyfus added that the firm will now be known as Barca Digital and Entertainment.  In a recently published statement today, a prominent football…

Summary: A suspected developer of crypto mixing service Tornado Cash has been arrested in the Netherlands.The individual was reprimanded by the Dutch Fiscal Information and Investigation Service on Wednesday.Authorities claim the unnamed suspect was involved in money laundering activities through the mixing service.The arrest happened shortly after the U.S. sanctioned Tornado Cash.44 wallet addresses associated…

Binance has frozen $450,000 of stolen funds from the Curve Finance front-end exploit.FixedFloat had also frozen about $200,000 in funds.The exploit was quickly patched by the team, limiting the damage. There has been an update from the front-end hack incident of Curve Finance, with Binance seizing $450,000 of the stolen funds. That makes for nearly…

Crypto exchange Huobi’s founder Leon Li is reportedly in talks with financiers to sell his stake in the firmPotential buyers include Justin Sun of Tron and FTX CEO Sam Bankman-Fried Per a recent Bloomberg report, Huobi founder Leon Li is currently in talks with a bunch of investors to sell the majority of his stake…

TL;DR According to a U.S judge, the stock trading platform Robinhood Markets Inc should face market manipulation claims.This lawsuit was one of many brought against the platform after it temporarily barred customers from purchasing stocks back in Jan 2021, such as GameStop and AMC.Robinhood prices surged in May after the CEO of FTX SBF announced…