Key Points: Over the course of seven days, OKX sends bankrupt Alameda Research $8.3 million in crypto assets in multiple transactions. Alameda transfers funds to Coinbase, sending USDT worth $10 million in 24 hours and depositing $31.2 million to the U.S.-based exchange in the past week, with the top transfers totaling $4.8 million. OKX has…
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Key Points: The co-founder of the RPG series Illuvium has announced that Framework Ventures has provided an additional $10 million in funding. The game’s development will be accelerated with the raised funds. The popular 3D fantasy role-playing game Illuvium is developed with Unreal Engine 4.26 and runs on the Immutable X network. Framework Ventures, a…
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Key Points: Roshan Dharia, the new interim CEO of Paxful, wants to make operations stronger and look into other strategic options. In early 2023, former CEO Ray Youssef and co-founder Artur Schaback got into a brief argument about how to use exchange funds on the platform. Yousseff is said to have shut down Paxful on…
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Central issues: An emergency meeting with the top five Korean cryptocurrency exchanges and Binance will be held by the Korean National Police Agency. The purpose of the meeting was to develop a system that would enable them to request wallet address confirmation and freeze funds from five domestic and global exchanges like Binance. The top…
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Central issues: A white cap programmer has uncovered the cost control stunt of the El Dorado Trade ($EDE) project group based on Arbitrum. This individual contributed a small amount of assets to the ELP-1 pool via Arbitrum, but they soon withdrew $580,000. The EDE group has conceded to controlling costs, yet with the dynamic motivation…
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Breaking Records: Over 80% of Total Minted Bitcoin Ordinals Inscriptions Belongs to BRC-20! Central issues: Bitcoin Ordinals Engravings outperform 10 million, with BRC-20 driving the charge. More than $44 million in charges have been paid, featuring the worth and monetary capability of the environment. Daily minting exceeds 200,000, indicating expanding demand and promising future expansion.…
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Central issues: Trezor deals expanded by 900% after Record reported the Recuperate include. Security concerns are raised because the unciphered video demonstrates that the wallet can be physically cracked. After its rival Ledger announced an opt-in feature called Recover, hardware wallet Trezor reportedly stated that its sales increased by 900% week-over-week. Notwithstanding, the Unciphered video…
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Central issues: The difficulty of mining Bitcoin has already reached a record high of 49.55 trillion. Block intervals or periods that accelerate above the ten-minute average indicate that the difficulty will increase once more next week. The difficulty of mining Bitcoin has increased from one to 49.55 trillion hashes, which a miner might need to…
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Central issues: Optimism (OP) will hold a $258 million token unlocking session on May 31. Prior to June 6, the project will carry out a significant upgrade of Bedrock, the foundation, to optimize transaction fees for this layer-2 and improve numerous technical aspects. This week will also see the unlocking of $101 million in 1inch…
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Central issues: Following criticism of its crypto wallet recovery tool, Ledger plans to make changes. The business will speed up its open-source roadmap and increase transparency. Users will have greater control over their own self-custody as a result of the open-source Ledger Recover protocol. Hardware wallet maker Ledger recently announced a new service called Ledger…
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