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Trader Loses $10,000 in PENGU Airdrop Fiasco

Trader Loses $10,000 in PENGU Airdrop Fiasco

An unidentified user swiftly turned $10,298 into approximately $5.4 in a bid to profit from the PENGU token airdrop initiated by the NFT project Pudgy Penguin. somebody bought $PENGU @$14T mc turning his $10k to $5 in seconds lmfao pic.twitter.com/R9X9tOu2fn — bx1 (@bx1core) December 17, 2024 According to The Block, the smart contract and tokens […]

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Nvidia Unveils Its Most Affordable AI Computer

Nvidia Unveils Its Most Affordable AI Computer

Nvidia has introduced the Jetson Orin Nano Super, touted as its “most affordable supercomputer” equipped with generative artificial intelligence. This palm-sized PC offers “AI developers, hobbyists, students, and enthusiasts” enhanced performance at a lower cost with updated software. The device delivers a 1.7-fold increase in AI performance and a 50% boost in bandwidth compared to […]

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Binance Unveils Initial Projects on Alpha Platform

Binance Unveils Initial Projects on Alpha Platform

The cryptocurrency exchange Binance has announced the first nine tokens available on its new Alpha platform, which can be invested in through its Web3 wallet. The first batch of 5 Binance Alpha Projects are now Live! Discover the latest tokens spotlighted in the #Binance Wallet. Navigate to the [Markets] ➡️ [Alpha] tab.Tap [Quick Buy] to […]

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Binance CEO Predicts Meme Coin Consolidation Around DOGE and Surge in Crypto Legislation

Binance CEO Predicts Meme Coin Consolidation Around DOGE and Surge in Crypto Legislation

Richard Teng, CEO of the cryptocurrency exchange Binance, shared his forecasts for the crypto industry in 2025 with ForkLog. He anticipates significant regulatory shifts and qualitative changes in the meme coin market. General Characteristics According to Teng, 2024 marked a new era for cryptocurrencies due to record market capitalization, widespread adoption of spot exchange-traded funds […]

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Humans Not Required: How AI agents are colonising the internet

Humans Not Required: How AI agents are colonising the internet

One of 2024’s unexpected trends has been a boom in AI agents, which have won favour not only among enthusiasts but also on major marketplaces. Oleg Cash Coin explains how the technology both echoes classic market narratives and reshapes the industry while tackling fiendishly complex tasks. Three pillars of AI evolution Compute, energy and data […]

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Chinese Auto Firm Ranks as Third Largest Bitcoin Miner Globally

Chinese Auto Firm Ranks as Third Largest Bitcoin Miner Globally

Chinese provider of smart equipment and transactional services for the automotive industry, Cango, has emerged as the third largest Bitcoin miner by hash rate. This was announced in the company’s press release. Hash rate and number of BTC mined by the end of November 2024. Source: Blockspace. On November 15, Cango reported the acquisition of […]

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Russia Conducts First Cross-Border Transactions with Digital Financial Assets and Plans QR Code for CBDC

Russia Conducts First Cross-Border Transactions with Digital Financial Assets and Plans QR Code for CBDC

In 2024, Russia conducted its first cross-border transactions with digital financial assets (DFAs), engaging in operations with Belarus. This was reported to Izvestia by Anatoly Aksakov, head of the State Duma Committee on Financial Markets. According to him, the DFA market is expected to experience a breakthrough next year, particularly in the realm of international […]

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NBC Describes Meme Coin Phenomenon as a Return to the 'Casino Era'

NBC Describes Meme Coin Phenomenon as a Return to the ‘Casino Era’

The “carnival-casino” era in cryptocurrencies has resurfaced amid a surge in Bitcoin investments following Donald Trump’s election, according to NBC News. This is exemplified by the capitalization of the “absolutely useless” token Fartcoin at $836 million, placing it alongside Office Depot, Guess, and the parent company of Steak N’ Shake. According to Toe Bautista from […]

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Arthur Hayes Predicts Imminent Bitcoin Correction by January 2025

Arthur Hayes Predicts Imminent Bitcoin Correction by January 2025

Cryptocurrencies are expected to undergo a “painful crash” around the time of Donald Trump’s inauguration on January 20, 2025, before reaching the peak of the current bull market. This view was expressed by former BitMEX CEO Arthur Hayes. Trump Truth https://t.co/RtuPQn524T — Arthur Hayes (@CryptoHayes) December 18, 2024 In an essay titled Trump Truth, the […]

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Quantum Computers Could Crack Bitcoin in Five Years, Scientist Warns

Quantum Computers Could Crack Bitcoin in Five Years, Scientist Warns

Commercial quantum computers may be able to crack the elliptic curve keys securing Bitcoin wallets in about five years. This perspective was shared by Pierre-Luc Dallaire-Demers, a scientist from the University of Calgary, in a conversation with DLNews. The expert refers to ECDSA 256 encryption, which protects addresses and signs transactions using pairs of public […]

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Bybit to Halt Withdrawals for French Users

Bybit to Halt Withdrawals for French Users

The cryptocurrency exchange Bybit has informed its users in France of the cessation of all services from January 8, 2025. The company attributed this decision to changes in local legislation. Affected users have been advised to withdraw their assets before the service termination. After the withdrawal closure, all accounts with assets of 10 USDC or […]

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Ledger Users Targeted by Phishing Emails Over Fake Data Breach

Ledger Users Targeted by Phishing Emails Over Fake Data Breach

Fraudsters, posing as Ledger hardware wallet support, have sent fake notifications about a service breach, urging users to disclose their seed phrases. This was reported by Bleeping Computer. Hey @Ledger someone has spoofed your REAL support email and is currently sending this to people to get them to expose their recovery phrase For a company […]

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