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$3M worth of customer funds swiped via alleged Swaprum DEX rug pull

May 20, 2023 CryptoExpert

Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being swiped from the platform. A rug-pull or exit scam occurs when a seemingly legitimate […]

Blockchain

Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software

May 19, 2023 CryptoExpert

Jessica Jonas, chief legal officer of the nonprofit Bitcoin Legal Defense Fund, discussed the potential legal ramifications of a high profile lawsuit against Bitcoin core developers during the Bitcoin 2023 event in Miami on May […]

Blockchain

Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA

May 16, 2023 CryptoExpert

The United States Secret Service owns crypto, has its own NFT collection and has praised blockchain technology’s ability to fight financial crime, Reddit users learned during a recent ask-me-anything (AMA). On May 15, representatives from […]

Blockchain

Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network

May 15, 2023 CryptoExpert

A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.  For payment platform Ripple — sued by […]

Blockchain

Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…

May 13, 2023 CryptoExpert

Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate symbol” co-opted by […]

Blockchain

Lufthansa, Eurowings, other travel industry players push forward with Web3

May 12, 2023 CryptoExpert

After the recent launch of the Camino Network travel-focused blockchain, legacy travel companies are looking toward a Web3 future.  Cointelegraph spoke with executives at Europe-based airlines Lufthansa and Eurowings — two of the first companies to […]

Blockchain

Pepe’s market cap sinks $1B in 5 days, some whales are still buying

May 11, 2023 CryptoExpert

The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it’s still being bought by some crypto whales.  In the five days from May […]

Blockchain

Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem – Blockchain Bitcoin News

May 10, 2023 CryptoExpert

The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy […]

Blockchain

MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users

May 9, 2023 CryptoExpert

MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that it has launched the Spark Protocol, a lending solution for DAI users.  Announcing the Spark Protocol launch ⚡️ […]

Bitcoin's BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
Blockchain

Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days – Blockchain Bitcoin News

May 8, 2023 CryptoExpert

Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen […]

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