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Web3
X Platform Introduces Anti-Scam Measure to Combat Crypto Phishing Attacks
X, a social media platform, is rolling out a new security feature to combat widespread crypto phishing attacks that use hijacked accounts to promote fake tokens. The platform will automatically lock any account that mentions cryptocurrency for the first time, according to Nikita Bier, Head of Product. To regain access, users will need to undergo additional verification. This move targets the prim…
April 2, 2026, 3:28 p.m.
Web3
X Platform Introduces Automatic Account Locking to Combat Crypto Scams
X, a social media platform, is set to introduce a new security feature to combat crypto-related phishing scams. The platform will automatically lock accounts that mention cryptocurrency for the first time, as announced by Nikita Bier, Head of Product. To regain posting privileges, users will need to undergo additional verification. This move targets the primary motivation behind these phishing at…
April 2, 2026, 3:28 p.m.
Web3
Ethereum Co-Founder Advocates for a Reboot of Decentralized Autonomous Organizations
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Jan. 19, 2026, 12:26 p.m.
Web3
Nike Offloads NFT and Virtual Sneaker Business Amid Waning Digital Art Market Interest
According to a recent report by The Oregonian, Nike has discreetly sold its non-fungible token subsidiary, RTFKT, approximately one year after ceasing operations. The sale, which took place on December 16, marks a new chapter for the company, as stated by Nike in a recent statement. However, the sportswear giant did not disclose the buyer or the financial terms of the deal. This move is part of a…
Jan. 7, 2026, 12:08 p.m.
Web3
Circle Denounces Platform Offering Tokenized Precious Metals as 'Fake'
A purported press release circulated on December 24 announced the launch of CircleMetals, a platform allegedly enabling 24/7 swaps of USDC for tokenized gold and silver. However, a Circle spokesperson has confirmed that the release is 'fake'. The platform, which was promoted under the name CircleMetals, claimed to offer a new service allowing users to swap USDC for gold and silver tokens backed b…
Dec. 24, 2025, 6:54 p.m.
Web3
Bunni DEX Suspends Operations After Hack Results in $8.4 Million Loss
A recent cybersecurity incident has prompted Bunni, a decentralized exchange utilizing Uniswap v4, to temporarily halt all smart contract activities. The breach is estimated to have drained approximately $8.4 million in cryptocurrency. According to blockchain security firm CertiK, the exploit targeted BunniHub, the primary contract system of Bunni, resulting in $2.3 million in losses on the Ether…
Sept. 2, 2025, 8:46 a.m.
Web3
Major Security Breach Hits Indian Crypto Platform CoinDCX, Resulting in $44 Million Loss
A significant cyber attack has been reported by Indian cryptocurrency exchange CoinDCX, with losses amounting to $44 million. The breach occurred on Friday when hackers successfully compromised an internal account used for liquidity operations with a partner exchange. CoinDCX's co-founder and CEO, Sumit Gupta, revealed the details of the breach on Saturday, characterizing it as a sophisticated se…
July 19, 2025, 5:13 p.m.
Web3
Tether to Discontinue USDT Support on Underutilized Blockchains
In a strategic shift, Tether has announced plans to phase out its USDT stablecoin on five blockchains that have seen dwindling usage. The affected networks include Omni Layer, Bitcoin Cash's Simple Ledger Protocol, Kusama, EOS, and Algorand, with redemptions and new token issuances set to cease on September 1, 2025. Any remaining tokens will be frozen on the same day, as stated in an official ann…
July 12, 2025, 3:16 p.m.
Web3
Blockchain Gaming Sector Continues to Experience Significant Decline
The web3 gaming industry experienced a significant downturn in the second quarter of 2025, with a 17% decline in daily unique active wallets and a 93% year-over-year collapse in funding to $73 million, the lowest in two years, according to DappRadar's latest report. This decline marks a broader correction in the blockchain gaming sector, driven by unsustainable tokenomics, low user retention, and…
July 11, 2025, 4:36 a.m.
Web3
Bitcoin Core Developer Jon Atack Detained in El Salvador Following Neighborhood Disagreement
Renowned Bitcoin developer Jon Atack was taken into custody in El Salvador over the weekend due to a dispute with a neighbor, prompting a wave of concern online before his release approximately an hour later. Atack, a key contributor to Bitcoin Core, took to social media platform X to share that his phone and passport were confiscated by the police, effectively cutting him off from the outside wo…
July 7, 2025, 1:58 p.m.