In a dramatic turn of events, the Telegram Open Network (TON) has experienced an unprecedented outage lasting over three hours, disrupting the blockchain community and raising significant concerns about the network’s scalability. The root cause? An unexpected surge in activity surrounding the launch of a new memecoin, DOGS. Tonk Inu, a prominent community platform within the TON ecosystem, […]
The cryptocurrency market experienced a whirlwind of activity following a false tweet from the official Securities and Exchange Commission (SEC) account, which led to a rapid surge and subsequent drop in Bitcoin’s price. This market manipulation, resulting from a security breach, has reportedly caused significant financial damage, with estimated losses running into millions. On January […]
In a year marked by significant digital threats, North Korean cybercriminals continued their notorious streak of cryptocurrency heists, siphoning off a staggering $600 million from various platforms. The year 2023 saw these state-sponsored hackers, including the infamous Lazarus Group, execute sophisticated cyber operations, which, although representing a decrease from 2022’s $850 million haul, underscored the […]
Tether is once again a controversial topic. Simply put Tether (USDT) is not a stablecoin. Tether is marketed as a stablecoin that is designed to be pegged to the US dollar at a ratio of 1:1. Yet the value of Tether at times has been below the 1:1 pair as claimed by Tether limited, the […]
The case against Thodex, the cryptocurrency money exchange that has harmed thousands of users, is now being heard. Twenty-one individuals, including the fugitive CEO of the business, Faruk Fatih Ozer, are on trial in this case. It is a trial for 21 of them, including Faruk Fatih Ozer, the company’s CEO who is wanted for […]