Rug pull feared as Safereum devs reportedly unlock and dump native token

[ad_1] The crypto community has been left fearing the worst after seeing huge sums of liquidity drained from the cryptocurrency project Safereum just hours after its team finalized a massive $600,000 fundraising.According to blockchain security firm CertiK and other analysts, the developers of Safereum — using the token deployment address “safereum.eth” — unlocked the supply of the token and dumped more than 600 Ether (ETH) worth of its holdings, causing

6 Questions for Adelle Nazarian on crypto, journalism and Bitcoin

[ad_1] Adelle Nazarian is the top staffer at the American Blockchain PAC, where she serves as its CEO. But she has a long story to tell about her life prior to her time in the crypto industry — from her Persian roots to her career in journalism. Nazarian, who worked as a freelance journalist after serving in positions with mainstream outlets that included Fox News and CNN, said her work

Why is the crypto market up today?

[ad_1] The crypto market is up today as Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana’s SOL (SOL) and numerous altcoins rally to restore the bullish momentum commonly associated with “Uptober.” Cryptocurrencies continued their positive growth, bringing the total crypto market cap up to $1.15 trillion on Oct. 23 while Bitcoin price flirts with the $31,000 level. Crypto total market. Source: TradingViewLet’s examine three of the major factors influencing today’s crypto market

Tracking stolen crypto — How blockchain analysis helps recover funds

[ad_1] Amid the rapid evolution of decentralized finance (DeFi) and the broader Web3 landscape, security is of paramount importance. New threats continue to emerge, making it essential to understand attack patterns for risk assessment and reliability evaluation. In 2023 alone, over $990 million was lost or stolen, according to Cointelegraph’s Crypto Hacks database. This growing demand for security has led to the emergence of a diverse ecosystem of Web3 security expertise,
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Africa set to become leading crypto continent: Crypto Fest is where the great minds come together

[ad_1] AdvertismentCrypto Fest, the leading event for digital currencies and distributed ledger technology in Africa, is back to bring the community together after a period of uncertainty. A lot has happened since last year, but the general understanding and adoption of these revolutionary technologies has grown on the continent. According to the 2023 African Blockchain Report… – Bitcoin News source since June 2011 – Virtual currency is not legal

Bitget releases MPC wallet, includes 2/3 private key sharding

[ad_1] Cryptocurrency exchange and derivatives platform Bitget has launched a new wallet service using multiparty computation (MPC) to improve security and key management for users.After launching its account abstraction wallet service powered by Ethereum scaling protocol Starknet in July 2023, Bitget has employed MPC to overhaul private key and asset management.MPC technology uses a distributed key generation mechanism that distributes multiple key shares to different locations controlled by multiple parties.

Blockchain companies are creating AI chatbots to help developers

[ad_1] The artificial intelligence (AI) market is becoming one of the fastest-growing industries in the world. According to market research firm Next Move Strategy Consulting, the current AI market is valued at nearly $100 billion and is projected to grow exponentially. Given this, it comes as no surprise that chatbots using AI are also on the rise. Recent findings from Precedence Research show that the global chatbot market size reached $840

Reddit removes moderators involved in alleged insider trading of MOON tokens

[ad_1] Reddit’s r/CryptoCurrency community has fired two moderators who were found to be involved in insider trading of the Moons (MOON) token, Cointelegraph has confirmed.As Cointelegraph reported on Oct. 20, at least three wallets linked to Reddit group moderators dumped hundreds of thousands of dollars worth of MOON tokens on Oct. 18, just minutes before the official announcement of the closure of the blockchain-based points program that involved the use

MetaMask security partner Blockaid secures $33M funding

[ad_1] Blockaid, a blockchain security startup and partner of the MetaMask cryptocurrency wallet, has secured $33 million in funding to scale its technology designed to stop malicious transactions.The Series A funding round for Blockaid was led by major industry venture capital firms, including Coinbase investor Ribbit Capital and the early-stage VC firm Variant. Other funding members included Sequoia Capital, Cyberstarts and Greylock Partners.Announcing the news on Oct. 23, Blockaid also