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Author: CryptoPress

Crypto Market Faces Turmoil as NYAG Sues Gemini, Genesis, and DCG

The crypto market is facing a new challenge as New York Attorney General (NYAG) Letitia James has filed a lawsuit against three prominent crypto companies: Gemini Trust Company (Gemini), Genesis Global Capital, LLC and its affiliates (Genesis), and Digital Currency Group, Inc. (DCG). The lawsuit accuses them of defrauding more than 230,000 investors, including at least 29,000 New Yorkers, of more than $1 billion. According to the NYAG,...

Bitcoin, Crypto market, News

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Scroll airdrop

Scroll Airdrop: A Quick Guide to Interacting with the Ecosystem

What is Scroll? Scroll is a layer 2 scaling solution for Ethereum that uses zero-knowledge rollups (zkEVMs) to process transactions off-chain and then send the transaction data back to the main chain. This approach increases transaction speed and reduces costs. Factsheet NameStatusConfidenceSectorChainsScrollUnconfirmed 🚫MediumLayer 2 scaling solution for EthereumETH Indicators of a possible airdrop The Scroll team has...

Airdrop, Ethereum

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Major Crypto Hacks in 2023

Major Crypto Hacks in 2023

The popularity of cryptocurrencies has led to an increase in hacking incidents. Major crypto hacks in 2023 have resulted in significant losses. Common vulnerabilities in crypto systems are often exploited by hackers. Preventive measures can help protect crypto assets from hacks. Regulatory efforts and industry responses are crucial in addressing these issues. The growing popularity of cryptocurrencies has brought with it...

Cryptocurrencies, Featured, Front page, Hacks, Main

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Stars Arena

Stars Arena Fuels Avalanche Transaction Surge and AVAX Price Rise

Stars Arena, a decentralized application (dApp) on the Avalanche network, has seen a significant surge in user activity and transactions. The launch of Stars Arena has led to a doubling of transactions on the Avalanche network. The price of AVAX, Avalanche’s native token, has risen by 17% in the last twelve days. Stars Arena, a decentralized application (dApp) inspired by Friend.tech, has been making waves in the cryptocurrency...

Blockchain, Cryptocurrencies, Front page, Main, News, SocialFi

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Bitcoin Breaks September Curse, Crypto Market Eyes Q4 Rally

Bitcoin (BTC) defied the historical trend and closed September with a 4% gain, breaking a seven-year streak of losses in the month. Other cryptocurrencies also bounced back from a bearish Q3, with Solana (SOL) leading the top 10 coins by market cap with a 24% surge in the past week. The crypto market is looking forward to a strong Q4, as several catalysts such as Bitcoin ETFs, DeFi growth, and NFT innovation could boost sentiment and...

Bitcoin, Cryptocurrencies, Ethereum

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