1. Elon Musk Facing $258B Lawsuit for Promoting Dogecoin. Recently, a federal court in Manhattan has filed a class-action lawsuit against Elon Musk and his 2 firms Tesla, SpaceX. Both of them are being sued for $258 billion over claims that they are engaged in a crypto Ponzi scheme by promoting dogecoin cryptocurrency. The lawsuit […]Continue Reading

1. World Bank: This will be the Worst Recession in 80 Years. World Bank has warned of the greatest slowdown of the whole world economy in 80 years. The WB President said ‘The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be […]Continue Reading

1. Binance US Offers High-Yield Staking for Solana, Avalanche and More. Binance US is now offering cryptocurrency staking services to its clients, which make the company more competitive against other US-based rivals. Binance’s customers in US holding any of 7 selected proof-of-stake cryptocurrencies: BNB, SOL, AVAX, ATOM, GRT, LPT, and AUDIO. According to the Continue Reading

1. Elon Musk Could Terminate the $44B Deal with Twitter. In recently letter sent to Twitter filed with U.S. Securities and Exchange Commission (SEC), Tesla and Spacex CEO Elon Musk said that Twitter is in material breach of the merger agreement with him. His legal team said that Twitter did not provide the information that […]Continue Reading

1. StepN Again Faced DDOS Attacks. The popular move-to-earn gamefi StepN, which operating on Solana, was hit with 25 millions of distributed denial-of-service (DDoS) attacks this weekend. This is the 3rd occurrence in just months. According to their Twitter page, Stepn’s devs announce that they need 1-12 hours to retrieve this error. Hackers seem interested […]Continue Reading

1. BAYC, OtherSide Discord groups have been attacked, over 145 $ETH stolen. Yuga Labs is the creator of Bore Ape Yacht Club (BAYC) and OtherSide, 2 of the most popular ape-themed NFTs. Recently, Yuga Labs has witnessed yet another orchestrated phishing attack with investors losing over 145 $ETH worths nearly $260,000 for now. The attack […]Continue Reading

1. Major Crypto Firm cut down about 10% staffs dur to Fear of Crypto Winter. Coinbase, with the $430M loss in Q1.2022, will freeze hiring amid a tumultuous recent market for both cryptocurrency and tech stocks. Furthermore, the firm will turn down some job offers for employees who had accepted positions but had not yet […]Continue Reading

1. Binance Labs Closes $500M Investment Fund. A new $500M Investment Fund has been raised by Binance Labs with support from leading global institutional investors. This Fund is to boost Blockchain, Web3, and Value-Building Technologies. The new fund will invest in projects that have the potentials in expanding cryptocurrency use cases and drive the adoption […]Continue Reading