New crypto scam drains users’ wallets without transaction approval

    A new scam circulating on Telegram allows the attacker to drain a victim’s crypto wallet without the victim needing to confirm a transaction, according to user reports and blockchain data. The scam only works on tokens that comply with the ERC-2612 token standard, which allows for “gas-less” transfers or transfers by a wallet that does…

    Web3 game Pixels now valued at $2.7B after migration to Ronin

    Pixel, one of the largest Web3 games by daily active user count, has approached a valuation of $3 billion shortly after its token listing on cryptocurrency exchange Binance. At the time of publication, the PIXEL token is currently trading at $0.5385, representing a gain of 1,246% from its listing price of $0.04 on Binance on Feb. 19….

    Empirical analysis identifies blockchain as highest performing information security startup investment

    A team of Swiss researchers, under grant from Switzerland’s Cyber-Defence Campus, recently published an empirical study showing blockchain as the top performer among information security startup investments. The study, titled “Measuring the performance of investments in information security startups: An empirical analysis by cybersecurity sectors using Crunchbase data,” identifies and ranks 19 information security startup sectors ranging…

    StarkWare changes STRK token unlock schedule following controversy

    StarkWare has amended its Starknet (STRK) token unlock schedule following concerns that the original plan would allow the network’s investors to dump on retail Starknet users. The changes will see a “more gradual” token unlock schedule for its early contributors and investors, implementing smaller, periodic token drops over three years instead of a larger drop…

    Starknet’s STRK token drops as Nethermind and airdrop hunters dump millions

    The two-day-old token of Ethereum layer-2 network Starknet has more than halved in price as Ethereum infrastructure firm Nethermind and airdrop farmers dumped millions of dollars worth of the airdropped token. Starknet’s (STRK) price has dropped nearly 60% and is trading under $1.90 from a Feb. 20 top of $4.41, when it was airdropped to…

    Tether won’t confirm or deny if it’s dropping USDT on Tron

    Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the blockchain on Tuesday. “Tether tokens are issued on several blockchains, which are simply transport layers for such tokens,” Tether said in a statement to Cointelegraph…