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Blockchain
Dingo crypto token flagged as scam over 99% transaction fee backdoor
The research arm of cybersecurity software firm Check Point has flagged the Dingo Token (DINGO) as a “potential scam” after reportedly discovering a smart contract function that has been used to manipulate transaction fees.In a Feb. 3…
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SBF bail guarantor to go public, UK crypto framework and Celsius…
Top Stories This Week
SBF’s $250M bail guarantors should be made public, rules judge
The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next…
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Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
Several crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as they prepare for a “longer downturn.”At least 216 jobs were slashed between three crypto firms – open-source software…
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OpenSea serves as an example of why crypto security must improve
In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users reportedly lost $3.9 billion to…
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BonqDAO protocol suffers $120M loss after oracle hack
A small decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit, leading to an estimated $120 million being stolen from its protocol.BonqDAO told its Twitter followers on Feb. 1 that its Bonq…
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Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program
Blockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The initiative is focused on identifying and advancing technologies that…
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Digital asset investment products see highest inflows since July 2022: Report
On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investments experienced a surge in inflows last week, reaching $117 million, the highest…
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The Rise of AI-Focused Projects in 2023 – Blockchain Bitcoin News
Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects…
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Yuga Labs co-founder to take leave of absence due to health reasons
Nonfungible token (NFT) entrepreneur Wylie Aronow of Yuga Labs — the team behind Bored Ape Yacht Club (BAYC) and CryptoPunks — will be taking a leave of absence from the office to manage a host of heart failure symptoms.In a Jan. 28…
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California DMV Is Putting Its Titles on the Blockchain – Blockchain Bitcoin News
The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto…
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