Reading Time: 2 minutesScammers have created over 40 fake Firefox extensions mimicking top wallets The extensions are part of an ongoing large-scale phishing operation The extensions impersonate Trust Wallet, Bitget, MetaMask, and Coinbase, among others Malicious actors have created more than 40 fake Firefox extensions of popular crypto wallets like MetaMask...
Posts published by “Philip Maina”
Reading Time: 2 minutesThe Inferno Drainer malware has resurrected and compromised over 30,000 wallets The malware has siphoned more than $9 million from victims in the last six months Inferno Drainer had announced its shutdown in 2023 Less than two years after crypto wallet draining kit Inferno Drainer reportedly shut down...
Reading Time: 2 minutesUniswap has launched the mainnet of its Ethereum scaling layer Unichain It intends to use the network to power faster and cheaper DeFi activities Unichain will have a speed of one-second block times with plans to reduce it to 250 milliseconds DeFi platform Uniswap has opened its recently announced Ethereum layer 2...
Reading Time: 2 minutesThorchain founder has asked users to “chill” as it prepares a restructuring plan The DeFi platform’s activities will remain paused for 90 days Some crypto users consider the move a “bankruptcy freeze” Thorchain has paused its DeFi wing, ThorFi, and asked “everyone chill” as it works on a restructuring plan within the
Reading Time: 2 minutesThe monthly DEX volume has touched a new all-time high at $435 billion The previous monthly high was set in November at $374 billion Uniswap and Raydium recorded the highest trading volume in December The amount of value traded on decentralized exchanges (DEXs) in a month has reached a new all-time high
Reading Time: 2 minutesMeta has released an AI agent to enhance the metaverse experience Dubbed Meta Motivo, it aims to smoothen how avatars move in the virtual world Meta also wants to use the model to create “new types of immersive experiences” Tech giant Meta has released an AI model dubbed Meta Motivo to create
Reading Time: 2 minutesFour IcomTech executives have been ordered to pay $5 million for running a scam The executives stole over $1 million from victims IcomTech persuaded the victims to invest in a fake crypto mining and trading platform The Los Angeles federal court has ordered five IcomTech executives to pay $5 million for running
Reading Time: 2 minutesThe Sky Mavis co-founder thinks Trump’s reign will benefit DeFi and web3 gaming The co-found believes that the outgoing administration stifled crypto and blockchain growth He added that Biden’s administration and the country’s securities watchdog used unclear laws to govern the crypto space Sky Mavis co-founder Jeffrey Zirlin thinks Trump’s presidency will
Reading Time: 2 minutes Hitachi has introduced an enterprise web3 development solution Hitachi aims to support web3 firms from training their teams to helping them commercialize their products The company is among many conventional firms exploring the blockchain world Japanese multinational conglomerate Hitachi has announced a web3 development support solution through its subsidiary Hitachi Solutions...
Reading Time: 2 minutes Puma has partnered with web3 mobile game UNKJD Soccer to explore the web3 world The partnership will see the introduction of Puma-branded in-game items Puma believes that the partnership will aid in its success in the digital world Global sports footwear maker Puma has partnered with web3 mobile game UNKJD Soccer