A dormant nonfungible token (NFT) wallet from 2017 with 141 CryptoPunks has been found to have minted the now ludicrously expensive NFTs for a possible $7 each. Dormant Punks Nonfungible token (NFT) sleuths have dug up an old wallet from 2017 that minted 141 CryptoPunks for 0.02 ETH, which was around $7 at the time...Continue Reading

The whereabouts of “Cryptoqueen” Ruja Ignatova are still unknown but the charges against OneCoin members are starting to pile up. Three associates of fugitive OneCoin founder Ruja Ignatova, known colloquially as the “Cryptoqueen,” have faced a German court over allegations of fraud, money laundering and banking crimes. Appearing in court on Oct. 18, a Munich-based...Continue Reading

The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol. An attacker has returned just over 93% of the more than $9 million worth of cryptocurrencies they exploited from the Celo (CELO) blockchain-based decentralized finance (DeFi) lending protocol Moola...Continue Reading

The long-awaited “Bluesky Social” app is now accepting users for private beta and says it will “launch soon” Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter.  The Oct. 18...Continue Reading

Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining. Bitcoin (BTC) has seen a 41% increase in energy consumption Year-on-Year (YoY) despite dramatic improvements in energy efficiency and a more diverse and sustainable energy mix — but...Continue Reading

Decentralized autonomous organizations would benefit from greater checks and balances that prevent influential minorities from seizing control. Over the past few years, decentralized autonomous organizations (DAOs) have introduced a clear paradigm shift in blockchain governance. With their community decision-making and adherence to hardcoded rules, they have challenged the role of hierarchy and central authority that...Continue Reading

Bears are currently better positioned for this week’s $510 million BTC options expiry, but their overconfidence could give bulls a chance to flip the table. Bitcoin (BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on...Continue Reading

Staked ETH withdrawals and lower gas fees are among the developments expected with the upgrade. Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live.  Developers can now begin working on the...Continue Reading

The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain. Anime-inspired nonfungible token (NFT) project Azuki has released a Physical Backed Token (PBT) — an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain.   Azuki...Continue Reading