Author: James Wilson

Cryptocurrency holders of should we ‘’hodlers’’ love to dream big. They dream of big mansions, nice cars, and a life of ease. One such dream is associated with buying a Lamborghini and that’s where the ‘when lambo’ meme is born. In this article, we’ll discuss what is ‘when lambo’ in crypto, its origin, and whether it’s still relevant in these times. What is ‘When Lambo?’ in crypto? “When Lambo” or “wen lambo” is a term used in the Bitcoin and cryptocurrency communities to refer to the point at which someone becomes financially successful enough to buy a Lamborghini sports car. The…

Coinbase announced on Feb. 21 that the U.S. Securities and Exchange Commision is set to dismiss its June 2023 lawsuit against the crypto exchange, a move that analysts at H.C. Wainwright & Co. call a “major win” for the company and broader crypto industry. While final approval from SEC commissions remains pending, Coinbase’s management is hopeful the case would be cleared as early as next week, analyst Mike Colonnese said in a report.  The SEC’s lawsuit alleged Coinbase offered unregistered crypto asset securities and operated illegally as an exchange, broker, and clearing company. But, expectations for a dismissal would negate…

The Tor onion router is a web browser primarily used for anonymous internet surfing and protection against traffic analysis. Incidentally, the U.S. Navy originally designed Tor as a means to protect sensitive U.S. government information. Today, Tor Browser is synonymous with the dark web (also known as darknet browser), illicit activity, and free internet activists seeking to escape surveillance.There is a contingent of netizens using Tor to hide their illegal activity. However, a substantial component uses Tor for security reasons and has the purest intentions in usage.  In this article, we’ll learn what is Tor browser, how does Tor work,…

The scale of the staggering $1.4 billion hack on crypto exchange Bybit will undoubtedly unfold in coming days and weeks. However, as Bybit, industry players such as other exchanges and blockchain sleuths work out on unmasking the hacker, on-chain data shows the perpetrator immediately got busy trying to move their Ethereum (ETH) loot. What did the Bybit hacker steal? According to Nansen, a multi-chain artificial intelligence analytics platform, the total amount stolen in the heist stood at $1.44 billion at the time of the breach.  The on-chain trail of the funds showed the hacker drained Bybit’s wallet of 401,347 ETH…

Somnia, a high-speed, Ethereum-compatible blockchain, launched its Shannon Testnet today as part of its push toward mainnet readiness. Named after information theory pioneer Claude Shannon, the testnet follows DevNet benchmarks exceeding 1 million transactions per second (TPS), offering developers a scalable platform for real-world applications. The Shannon Testnet introduces multiple third-party validators and staking protocols, enhancing decentralization and security. During DevNet testing, it processed over 3.6 million transactions across 300,000+ unique addresses, with sub-second finality and sub-cent transaction fees. The time is NOW! Somnia’s Testnet: Shannon is LIVE. 🚀https://t.co/8xNRJIm1kBBuilt to handle MILLIONS of users: fast, stable, and ready for real-world…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new digital currency is gaining attention for its potential to deliver massive gains during the current bull run. The crypto world is buzzing with excitement as a new digital currency draws attention for its remarkable potential to achieve massive gains. This surge in interest is reminiscent of past success stories that captivated investors and traders. As the market experiences a bull run, all eyes are on this emerging asset, fueling anticipation and curiosity about its future trajectory. Get…

Ben Zhou, Bybit CEO, assured the public that user funds were safe and that the platform could cover losses following the largest crypto exchange hack in history. Security veterans and concerned crypto community members rallied behind Bybit on Friday, Feb. 21, after the exchange lost over $1.4 billion to hackers. The largest-ever crypto exchange hack occurred while Bybit was attempting a routine transfer, Zhou said during a livestream following the incident. Specific details about the breach points remain scarce. However, initial reports suggest that hackers tricked Bybit’s signers into authorizing a malicious transaction from the platform’s Ethereum (ETH) cold wallet.…

Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero. The update follows an earlier post in which the Ethereum-based synthetic dollar protocol reassured users that its USDe stablecoin had minimal exposure to the incident. Previously, the Ethena (ENA) team stated that PNL exposure was under $30 million. “We are aware of the situation currently evolving with Bybit and are continuing to monitor developments.As a reminder: all spot assets backing USDe are held in off exchange custody solutions, including ByBit via Copper Clearloop for this precise reason,” Ethena Labs…

Ethereum multisig wallet Safe has announced it is temporarily halting certain functionalities as the post-mortem of the $1.4 billion Bybit hack on Feb. 21 begins. Safe said in an update that the wallet’s security team had not found any evidence of the hack being a result of a frontend exploit. However, the halt is out of an abundance of caution. “We have not found evidence that the official Safe frontend was compromised. However, out of caution, Safe{Wallet} is temporarily pausing certain functionalities,” the platform posted on X. The Ethereum (ETH) multisig wallet provider was also collaborating with the Bybit team…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple shows bullish potential with a possible breakout, while DTX Exchange offers 800% returns for early investors. Ripple has seen incredible volatility lately, but the outlook has generally remained bullish. The XRp price is trading within a symmetrical triangle, which signals a potential breakout soon. The SEC has also acknowledged a spot Ripple ETF (exchange-traded fund), and there is news that approval is in the cards.  In other altcoin news, DTX Exchange continues to make waves as a high…