Shiba Inu flashes this dangerous warning sign

Buying pressure on SHIB was high last week. Market indicators hinted at a few slow-moving days ahead. Over the last several months, memecoins have continued to be a highly sought-after category in the crypto world due to their surging popularity. One notable memecoin that gained significant traction on social media was Shiba Inu [SHIB]. But … Read more

Software engineer sentenced to three years in prison for Nirvana hack

In the Southern New York District Court, Computer security engineer Shakeeb Ahmed received a sentence of three years in prison, with an additional three years of supervised release. This punishment was imposed after Ahmed was found guilty of carrying out flash loan attacks on Decentralized Crypto Exchanges and Nirvana exchanges during the year 2022. (Or: … Read more

Cardano ‘not a Bitcoin clone’: Unpacking ADA’s approach

Cardano founder claims that legacy media ignores the L1 network  Hoskinson cites Cardano’s Japan roots, tech stack and philosophy as reasons for media blackout.  In the year 2024, Cardano [ADA] faced significant negative hype and misinformation (FUD). The term “junk” or “dog sh*t” was used to describe it by some, while others labeled it a … Read more

Billionaire’s suit over scam crypto ads on Meta dismissed in Australia

An Australian mining magnate, Andrew “Twiggy” Forrest, has withdrawn a lawsuit against Meta over allegations of fraudulent cryptocurrency advertisements featuring him. These ads reportedly caused significant financial harm to unsuspecting individuals. However, the prosecution argued that there wasn’t enough evidence to support the claim. In February 2022, Forrest, Australia’s second-wealthiest individual and chairman of Fortescue … Read more