Rumors of a $1 billion token sale for Solana-based Pump.fun are circulating, coinciding with a significant drop in protocol revenue, raising questions about the platform’s future and the memecoin market.
Tag: Cryptocurrency Exchange
Social Engineering on the Rise: $2.1B in Crypto Stolen as Hackers Target Users, Not Code
A recent report from CertiK reveals a concerning trend: crypto hackers are increasingly exploiting human behavior through social engineering, leading to over $2.1 billion in losses this year. This shift signifies a change in attack vectors and highlights the growing importance of user security awareness.
Binance Cracks Down on Bot Activity in Alpha Token Program: Analyzing the Impact
Binance is taking action against bot usage in its Alpha Points program after detecting coordinated bot activity, raising questions about fairness and accessibility in early-stage crypto projects.
WazirX Exits Singapore, Relocates to Panama Amid Regulatory Hurdles
Crypto exchange WazirX is moving its operations to Panama after a Singapore court declined to approve the firm’s restructuring plan, raising questions about its future and regulatory compliance.
Hong Kong Greenlights Crypto Derivatives for Professionals: A Game Changer?
Hong Kong’s securities regulator is reportedly set to allow crypto derivatives trading for professional investors, a move signaling a commitment to becoming a global crypto hub.