Iran is facing a severe power crisis worsened by illegal cryptocurrency mining, which consumes excessive electricity. To combat this, the government is offering a $24 reward for tips on unauthorized mining activities, but this may not address the underlying issues of power grid mismanagement.
WeatherlySuperRare, a leading digital art platform, has seen a 45% dip in traffic, reflecting a broader decline in NFT sales. Despite this, CEO John Crain remains optimistic, urging a broader perspective on the market's challenges, viewing them as part of the NFT space's evolution, not its end.
CatherineBinance Labs has invested in MyShell, a decentralised AI platform that empowers creators to build and own AI tools. MyShell’s reward system, based on $SHELL tokens, and its multichain strategy aim to democratise AI development and attract a wide user base.
WeatherlyCardano creator Charles Hoskinson is offering $1 million to anyone who can crack the new Lace Paper Wallet, a challenge open until the end of 2024. Is this a masterstroke of innovation or a high-stakes gamble?
KikyoIn 2023, cryptocurrency scams surged, with Americans losing billions, including $650 million in a scheme run by NovaTech and its leaders, and significant fraud via Google’s Play Store. Victims, including Maria Vaca, faced massive financial losses and threats, highlighting the urgent need for enhanced security and vigilance in the crypto market.
AnaisPortal to Bitcoin, a key player in Bitcoin DeFi, announced launch of BitScaler, a technology set to revolutionise Bitcoin's scalability without core upgrades or new opcodes. With the testnet launch imminent, could Portal to Bitcoin be on the verge of transforming the crypto industry?
CatherineCosplay-to-Earn: How $WEEBS Token Is Changing the Game for Anime Fans
WeatherlyHamster Kombat is recently mired in internal conflicts and investor disputes, leading to the indefinite postponement of its HMSTR token airdrop. With other mounting issues, is this the start of the end for Hamster Kombat?
KikyoLuigi D'Onorio DeMeo’s X account was hacked on 19 August 2024, and used to promote a fake Pokémon-themed memecoin, PIKA, in a pump-and-dump scheme. The hackers gained access through a phishing email and quickly spread malicious links, exploiting DeMeo’s reputation before the scam was detected.
AnaisBinance-backed DIN announced on 20 August that it raised $4 million in a pre-listing round, boosting total funding to $8 million. To further its mission to redefine the decentralised AI data economy, it launched the Chipper Node Sale on 13 August.
Catherine
