Binance Stored Users’ Fund with B-Tokens Collateral by ‘Mistake’: Report
[ad_1] Binance, the world’s biggest cryptocurrency exchange by trading volume, admitted to storing customers’ funds and the collateral of some of the tokens it issues by “mistake.” According to Bloomberg, Binance issued 94 Binance-peg tokens, also called ‘B-Tokens’. However, almost half of the reserves of these tokens are kept...
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BitKeep exploiter used phishing sites to lure in users: Report
[ad_1] The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink. The report stated that the attacker set up several fake Bitkeep websites which contained an APK file that looked like version...
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MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot
[ad_1] MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor. Arbitrage bots are programs that automate trading for profits based on historical market information. An investigation of MEVbots’ contract...
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NFTs will bring crypto to billions of users, explains VC investor
[ad_1] Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will play an essential role in bringing crypto to the masses. Unlike other crypto niches, NFTs are relatable to aspects of everyday life such as art,...
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How Coinbase Protects Users From Risky Assets | by Coinbase | Sep, 2022
[ad_1] By Dan Kim — Vice President, Ecosystem and Listings Tl;dr: Coinbase reviews thousands of crypto tokens; around 90% never get considered for listing as they do not meet our strict requirements for protection against scams like “pump-and-dumps” and “rug pulls.” Our proprietary threat detection software has identified and...
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Helping dapp developers reach users on any device with Coinbase Wallet | by Coinbase | Mar, 2022
[ad_1] Expand your dapp’s reach with just a few lines of code By Sid Coelho-Prabhu, Product Management Director, Wallet Millions of people choose Coinbase Wallet to use dapps, earn yield with DeFi, trade more than hundreds of thousands of assets, and hold their NFTs. In just minutes you can...
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Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success
[ad_1] According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked...
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SocialFi Puts Agency Back in the Hands of Users | by Bit Media Buzz | Nov, 2021
[ad_1] There are now over 100 million wallet addresses in the world, and the number of crypto and non-fungible token (NFT) enthusiasts keeps growing every day. The crypto community has economic power, interlinking relationships and seamless communication potential, but why doesn’t it have its own social media? A truly...
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MyEtherWallet allows users to mint Ethereum blocks as NFTs
[ad_1] MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website....
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