Nibiru Chain, the smart contract platform, announced a funding program worth $15 million in NIBI tokens to support its community of developers. HashKey Capital and Kraken Ventures support Nibiru Chain, a proof-of-stake blockchain. They have set aside $15 million worth of NIBI tokens as part of an initiative called Nibiru Builder Grants. Intended to boost … Read more
Avraham Avi Eisenberg, who is known for exploiting the Mango Markets, has been found guilty of committing fraud and manipulating the markets in this case, according to a federal court in Manhattan. In October 2022, Mango Markets suffered a hack due to manipulation of their native MNGO token’s price, resulting in a financial loss of … Read more
On April 18, the US Securities and Exchange Commission (SEC) accused Justin Sun and other defendants of violating securities laws in a court filing. The SEC asserts that Sun’s trips to the United States provide it with jurisdiction to pursue this legal action. Between 2017 and 2019, Justin Sun repeatedly traveled to the United States … Read more
It seems that Google Ads is once more advertising a fraudulent crypto website, which deceitfully leads users to a counterfeit phishing site designed to steal users’ cryptocurrency. It appears that Google is reportedly placing advertisements for malicious crypto sites on its search engine once more, using Google Ads – a service enabling businesses to showcase … Read more
In the past 24 hours, Degen Chain, an Ethereum layer-3 blockchain, set a new transaction per second (TPS) record by handling 37.12 TPS, beating its underlying Ethereum blockchain’s 30.81 TPS by around 68.56%. This improvement led to the processing of approximately 3.2 million transactions daily, based on L2BEAT’s data. Although Degen Chain had a large … Read more