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Memecoin-focused blockchain MemeCore launched a rewards program with a special focus on screening out bots. Memecoin season is in full swing, and platforms are looking to capitalize. On Friday, June 27, MemeX, a memecoin launchpad on the MemeCore blockchain, launched a viral campaign to reward its users, but also to highlight the problems with AI … Read more
Law enforcement in India has arrested five suspects who allegedly duped a businessman out of roughly $700,000 via a fake cryptocurrency trading platform. According to local media, the five suspects, including one woman, were taken into custody following an investigation by the cybercrime wing of Odisha’s Crime Branch. The accused reportedly ran a scam using … Read more
Key Takeaways Hyperliquid narrowly avoided a $12 million loss in what appears to be a Jelly-My-Jelly token manipulation scheme. Concerns have been raised about Hyperliquid’s liquidation mechanism and associated risks. Share this article Hyperliquid delisted JELLYJELLY after a shadowy whale’s audacious shorting spree sent shockwaves through the exchange, nearly sinking its HLP Vault with a … Read more
A crypto trader recently fell victim to a sophisticated on-chain heist attack, swapping $733,000 worth of USDC for $19,000 USDT in return. This incident shows the trading systems’ technical vulnerabilities and the cunning strategies employed by the crypto sandwich artist. The artist used precise timing and transaction ordering to drain the trader’s funds. By taking … Read more
This week, Silicon Valley came barrelling into Washington, D.C., in the form of fresh-faced engineers supposedly running the government. A bombshell Wired report said that Elon Musk had quietly selected at least six engineers, the oldest of which is reportedly 24, to help him run his Department of Government Efficiency. The secrecy of the group, … Read more
Traders online are scrutinizing the fundraising project done to raise $650,000 to put the dogwifhat icon on the Las Vegas Sphere due to inactivity. The funds have surpassed the goal, however the dog with the pink hat has yet to appear on the sphere. On the social media platform X, users have started noticing the … Read more
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