A devastating mistake has landed an NFT owner in hot water. The proud owner of a CryptoPunk, which he had just purchased for an impressive 77 ETH ($123,434), destroyed this by accident while attempting to wrap it and borrow against its value. The tragedy happened when the owner followed unclear instructions, causing him to send…

Stefan Matthews, the co-founder and executive chairman of nChain Group, is creating a stir in the cryptocurrency community with his ambitions to use BSV blockchain technology to digitize the Philippine government. Matthews disclosed his plans for cryptocurrency adoption in an interview with CoinGeek and addressed them to the Filipino government. The BSV blockchain has a…

As the world continues to embrace the digital age, security concerns have become increasingly prevalent. In addition, the rise of cryptocurrencies and other digital assets has led to a greater need for safe and secure storage solutions.  CryoSeed, a new player in the digital asset security space, has developed an innovative solution to this problem….

Arbitrium, a layer 2 solutions provider for Ethereum, has stepped back on its government voting systems after getting backlash from the token holders. Arbitrium had control over 750 million tokens worth $1B. Community Decision Matters April 2 was when Arbitrium tweeted that they would not be able to pass AIP-1, their first governance proposal, as…

South Korean authorities have successfully recovered assets worth $160M from 8 employees of Terraform labs including that of the co-founder Daniel Shin. These 8 employees were linked with the collapse of Terraform Labs. The Southern District Prosecutor Office of Seoul has seized the assets. What assets were recovered? On April 3, the authorities reported that…

EHP Technologies, a first-of-its-kind fifth-generation heating and cooling technology company, has launched its revolutionary greenhouse heating systems. According to the CEO of EHP Technologies, Mr. Anıl Çil, the idea behind the development and launch of the EHP Heating Systems was motivated by the need to ensure a healthy and clean environment devoid of the harmful…

The United States Department of Justice (DOJ) has successfully seized assets worth $112M in cryptocurrency in a pig butchering scam. The department said that these scams have been on rise over the past few years and they are working hard to find other such scams prevailing in the country. What is a Pig Butchering scam?…

ASIC (The Australian Securities and Investments Commission) has decided to cancel the derivative license of Binance after carrying out strong research on the company’s operation in the country. It was disclosed in a press release on Thursday. This means that Australian traders will not be able to increase their derivative position or add up new…

Crypto 306 is set to organize its annual event to bring the global crypto community under one roof. This year, the event will be held on the 8 & 9th of May at The Ritz-Carlton Hotel, Dubai, and will focus on increasing awareness about crypto projects by bringing together traditional & corporate companies to meet with…