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The Algorand Foundation was stunned when it discovered that CEO Staci Warden’s X account had been compromised, leading to a series of offensive and false statements about the Algorand community. The hacker behind the attack used derogatory language and even posted racial slurs. The unauthorized posts also urged the community to sell Algorand’s native token,
The rise of greenhouse gas emissions is a pressing issue that continues to exacerbate the ongoing climate crisis, leading to devastating consequences worldwide. Recent data from the National Oceanic and Atmospheric Administration (NOAA) reveals a worrisome trend: levels of carbon dioxide, methane, and nitrous oxide in the atmosphere reached new record highs in 2022. The
Chinese investors have remained undeterred in their pursuit of Bitcoin, despite the government’s ban since 2021. Despite regulatory constraints, Chinese investors continue to be drawn to Bitcoin as a safe haven asset and a means of diversifying their investment portfolios. One notable example is Dylan Run, a finance executive in Shanghai, who ventured into Bitcoin
The Solana Foundation recently announced the launch of token extensions, marking a significant milestone in the evolution of the Solana Network’s SPL token. Token extensions present a new standard for SPL tokens, introducing enhanced functionalities that can be compared to Ethereum’s renowned ERC-20 token standard. With the aim of catering to builders across various industries,
In a world facing increasing concerns about carbon emissions and environmental sustainability, one crypto project is making waves by focusing on eco-friendly transportation in developing nations. eTuktuk, an innovative project that combines electric vehicles with blockchain technology, has successfully raised over $500,000 in its presale funding round. Despite recent declines in the cryptocurrency market, eTuktuk
In recent months, two of the biggest names in the cryptocurrency industry, Binance and Coinbase, have found themselves embroiled in legal battles with the U.S. Securities and Exchange Commission (SEC). The central issue in both lawsuits is whether the crypto assets offered by these exchanges should be classified as securities and fall under SEC regulation.