The report was published by the exchange to highlight its Anti-Scam Refund Initiative. Binance Users Could Have Lost Millions in Scams Binance, the world’s largest cryptocurrency exchange, published a report on Monday showing that it foiled malicious scams on its platform that could have cost its users as much as $129 million. The company, whose […] Source CryptoX Portal
DePIN has come to the world, providing the opportunity to create defi projects that reward actions in the physical world. What is this technology about, and how does DePIN work? Theoretical studies in cryptocurrencies have long predicted that encryption tools currently implemented in the blockchain will be used on the Internet and impact the physical world sooner or later. Nick Szabo noted at the end of the 20th century that smart contracts can automatically manage physical objects. More than 25 years have passed, and the blockchain is firmly embedded in…
On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental activists, who believe this will negatively affect the country. With New Mining Law, El Salvador Stakes Claim […] Source CryptoX Portal
Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister Alexander Novak stated that this list might expand. Russia Issues Crypto Mining Restrictions in 10 Regions The future of cryptocurrency mining in Russia is in jeopardy. The Russian cabinet recently […] Source CryptoX Portal
Over the past two years, solana (SOL) has experienced extraordinary growth, with a reported price appreciation of 2,143%, according to a comprehensive study by Glassnode researchers Ukuria OC and Cryptovizart. From Rock Bottom to Billion-Dollar Liquidity The Glassnode report examines the asset’s recovery, its competitive performance against major cryptocurrencies, and the factors driving its momentum. […] Source CryptoX Portal
PRESS RELEASE. Ethereum has experienced countless innovations since its inception, but few concepts have had the potential to shake the blockchain space like Lightchain AI’s revolutionary approach. With an astounding 5 million tokens sold in their presale, Lightchain AI is introducing a groundbreaking protocol, “Proof of Intelligence” (PoI), poised to redefine decentralized technology. What is […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Managing crypto investments on the go is now effortless for digital nomads, thanks to non-custodial wallets that offer security, flexibility, and 24/7 access from anywhere in the world. Managing your investments while traveling the world can be a real headache, especially if you’re constantly moving between time zones, airports, and remote work destinations. This is especially true for equity investors and traders where liquidity dries up within three hours…
A Montenegrin court upheld the extradition of Do Kwon, founder of Terra Labs. The U.S. and South Korea both requested extradition, and a Montenegro minister will decide which country gets him. Montenegro Minister to Decide Do Kwon’s Next Destination The Montenegrin Constitutional Court unanimously dismissed jailed Terra Labs founder Do Kwon’s appeal against his extradition. […] Source CryptoX Portal
Over 85% of Commonwealth of Independent States (CIS) trade now bypasses foreign currencies, signaling a strategic shift towards economic independence as national payment systems take center stage in regional commerce. Putin Champions National Currencies—CIS Bloc Hits 85% in Local Trade At the Commonwealth of Independent States (CIS) summit in the Leningrad Region this week, Russian […] Source CryptoX Portal
As Solana meme coin scams increase, Animoca Brands has released a public notice about the compromise of co-founder Yat Siu’s X account. The official statement makes clear that recent claims regarding the launch of the $ANIMOCA token or NFT on the Solana blockchain, which was attributed to Animoca Brands, were the result of malicious activity by the hacker. Kenta, a crypto game streamer, conducted the investigation first. The Hong Kong-based game software company said that, as of now, there is no official token or NFT launch associated with Animoca Brands…