The onslaught was delivered through HTTPS, which puts more strain on a target, and it suggests that attackers are getting more powerful. A Cryptocurrency platform was recently the target of one of the largest distributed denial of service assaults (DDoS attacks) ever recorded, according to Cloudflare, a content delivery network. Threat actors attacked the platform…
An investment business paid USD 4 million for 2,000 acres of land in 2021. Normally, this would not make the news, but the land was virtual in this case. It only existed in The Sandbox, a metaverse platform. The company acquired the equivalent of 1,200 city blocks by purchasing 792 non-fungible tokens on the Ethereum…
The Central African Republic (CAR) has approved Bitcoin as legal tender – just the second country to do so. The Central African Republic is one of the poorest countries on the planet, but it is wealthy in diamonds, gold, and uranium. It has been devastated by conflict for decades and is a staunch Russian ally,…
The minister stressed that the government is willing to support innovation and well-founded advancements in distributed ledger technology, such as blockchain. nirmala Sitharaman on Crypto Finance Minister Nirmala Sitharaman said on April 27 that India will make a careful decision on cryptocurrency legislation, citing concerns about possible misuse. “The decision on crypto will not be…
Binance, a cryptocurrency exchange, and blockchain platform is supporting a few competitions at the festival. IIT Delhi to Organise “Cryptocon” The Indian Institute of Technology (IIT Delhi) teamed with Binance, a cryptocurrency exchange and blockchain platform, to distribute non-fungible token (NFT) tickets and proof of attendance protocol during its three-day cultural fest ‘Rendezvous’ from April…
Elon Buys Twitter (EBT) Even before Tesla CEO Elon Musk can buy Twitter, someone created a cryptocurrency called ‘Elon Buys Twitter,’ which has seen a price increase of almost 6000 percent in just 24 hours. According to CoinMarketCap, the EBT token price at 12 a.m. on April 25th was $0.00000003589. It experienced a tremendous increase…
Leading banks have asked the umbrella institution National Payments Corporation of India (NPCI) to spell out in a formal directive the restrictions on using the popular money transfer tool ‘Unified Payment Interface’ to buy and sell virtual digital assets, questioning the “shadow ban” on cryptocurrencies (VDAs). NPCI’s statement on the matter Following “verbal directives” from…
In line with fraud-related investigations, the US Secret Service is cracking down on illegal digital currency transactions, seizing more than $102 million in bitcoin from offenders. The secret service is investigating David Smith, assistant director of investigations, stated dealers and analysts actively song the waft of Bitcoin and different cryptocurrencies on the blockchain, much like…
Online payment Company Stripe Inc., is stepping up its return to cryptocurrencies. Twitter Inc and Stripe Inc, a digital payments processor, announced on Friday that they will test cryptocurrency payouts for a limited number of users of the social media site’s content monetization offerings. How Stripe inc will do it? Users who are eligible for…
The Binance Smart Chain (BSC) blockchain is powered by the Binance exchange Token (BNB). BNB coins are also required to take part in BSC’s on-chain governance. Binance launched a new BNB auto-burn method last year in response to community criticism in order to create a healthy BSC ecosystem. Binance had two BNB burn mechanisms before…
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