Author: Jeremy Ryan

Australian residents have been identified as the primary targets of a sophisticated network of cryptocurrency call-center scammers — suspected to be run by Israel-based crime bosses. Evidence uncovered after a full-scale raid of four Serbian call centers and 11 residences by Serbian, German, Bulgarian and Cypriot authorities found that Australians were among the top countries being targeted. The news came from a Feb. 23 report by The Australian.The raids saw fifteen people arrested and $1.46 million in cryptocurrencies seized.Dramatic police raids in Belgrade, Bulgaria and Cyprus, following investigations in Germany, have uncovered evidence Australia is in the top tier of countries being…

Blockchain Jordi Baylina, a core developer of Polygon zkEVM, an upcoming L2 scaler on zero-knowledge proofs (ZKPs), disagreed with Anatoly Yakovenko’s take on scalability solutions. Polygon’s (MATIC) Jordi Baylina dismissed attack on ZK rollups On his Twitter, Solana (SOL) co-founder Anatoly Yakovenko claimed that provers (elements of L2 systems responsible for the validity of transactions broadcast to the L1 mainnet) are unable to keep up with the underlying chain. 1/15The scalability of a #zkRollup IS NOT limited by the prove.I’m detecting some missunderstandings of how a zkRollup works.Let me explain in this thread why the prover is not the limiting…

NFT The global NFT community is guessing about the motivation of Machi Big Brother, who sold over 1,000 NFTs of four Tier 1 collections for over $18 million in one day. Last week, he became one of the largest beneficiaries of the Blur (BLUR) airdrop by an upstart OpenSea competitor. Machi Big Brother initiates “largest NFT dump ever,” Nansen’s Andrew Thurman says Andrew Thurman, a cryptocurrency analyst in a leading research company Nansen, noticed intriguing activity of Jeffrey Hwang, a veteran NFT trader colloquially known as Machi Big Brother. On Feb. 23-24, Hwang was mass-selling his NFTs, including ones from…

A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges. Nadeam Nahas was scheduled to be arraigned on Feb. 23 facing charges of vandalizing a school and fraudulent use of electricity, according to media reports. JUST IN: an ex-town employee is accused of running a “Cryptocurrency mining operation” out of Cohasset High School. pic.twitter.com/cdBlMIxnnH— whalechart (@WhaleChart) February 24, 2023 A default warrant is a type if warrant issued by courts when a person fails to appear in court…

NFT Adidas’ Web3 ambitions may soon include the inclusion of a cryptocurrency. But it won’t be as simple as just adding a payments plugin. “We’ve talked about it, but I don’t know if that’s really solving a problem,” Adidas’ Web3 lead Erika Wykes-Sneyd told Decrypt today at NFT Paris. Adidas’ Bored Ape NFT Makes Appearance With Messi, Benzema in New World Cup Trailer She added that it’s not “an expensive proposition,” especially when there aren’t any clear barriers to buying the sneakers and clothes we want with fiat currencies. Instead, the sports and fashion brand would more likely draw on…

The endearing characters in Blankos Block Party are not the only reason behind the Play-to-Earn (P2E) multiplayer blockchain game’s popularity (but they are pretty high up there).Setting itself apart from its rivals, Blankos Block Party showcases satisfying collectible facets alongside an immersive combination of music, graphics, sound effects, entertainment, and winnable Non-Fungible Tokens – all of which are designed to illicit a feeling of adventure and bring out players’ competitive side.So, come and join us as we venture into everything about Blankos; It’s time to unbox your toy and level up!The History and Mechanics Behind Blankos Block PartyAfter being released…

A cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate.The proposed laws would enshrine a “right to mine digital assets” and would prohibit “discriminatory” electricity rates being charged to crypto miners, protect mining that occurs “at home” and strip local governments of the power to use zoning laws to stop crypto mining operations.It also prohibits additional taxes on the use of crypto as a payment method and would consider “digital assets,” including cryptocurrencies and nonfungible tokens, as “personal property” alongside other financial products such…

NFT The rektguy NFT project is mainly a collection of images of rektguy. This project is yet to release lots of information but it has been dominating the world of NFT loans in recent months. Based on its website, rektguy is “art and pfps and stuff”. NFT lending is mainly a new feature from the integration of nonfungible tokens and DeFi. In that context, crypto-collateralized loans in decentralized finance (DeFi), such as MakerDAO, have gained popularity in recent months With DAI’s market capitalization surpassing $5B. The upward trend is expected to continue as DeFi-adoption rates rise, similar to the dependence…

NFT NFT News: Considering that the Blur marketplace will soon receive a second airdrop. Andrew Thurman of Nansen hypothesized that this significant NFT dump could be an attempt to obtain additional BLUR token rewards while also making some money. Nansen data show that Jeffrey Hwang, also known as Machi Big Brother, is a non-fungible token (NFT) whale. In just 48 hours, he sold 1,010 tokens for 11,680 ETH, or $18.6 million. The largest NFT dump ever In a Feb. 25 Twitter thread, Nansen’s Simian Psychometric Enhancement Technician Andrew Thurman emphasized the previous two days’ trading activity, claiming it was “likely…

The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire.In an interview with Bloomberg on Feb. 24, the Circle chief executive aired his views on the SEC and its recent moves to clamp down on the crypto industry, including stablecoin issuer Paxos. Allaire appears to have taken issue with the SEC’s focus on stablecoins, arguing that dollar-pegged “payment stablecoins” should be under the oversight of a banking regulator, rather than the SEC.“I don’t think the SEC is the regulator for stablecoins,” said Allaire, adding: “There is a reason…