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The X account of French soccer star Kylian Mbappé was compromised on August 28, with hackers using the platform to promote a Solana-based token called MBAPPE.  Shortly after the fraudulent posts appeared on Mbappé’s account, the MBAPPE token experienced a…

Bitcoin price held steady above $60,000 on Thursday, Aug. 29, even as its exchange-traded funds saw two consecutive days of outflows. Data from SoSoValue shows that Bitcoin (BTC) ETFs lost $105.19 million in assets on Wednesday after shedding $127 million…

Blockchain-based ticketing platform Tixbase has announced an exclusive partnership with Turkish event ticketing firm Passo, bringing their ticketing to the Avalanche blockchain. According to a news release on Aug. 29, the 5-year partnership is the largest deal a blockchain ticketing…

As Ethereum and Toncoin struggle under selling pressure, DTX Exchange defies the downturn, raising $2 million in its presale and positioning itself as a DeFi project to watch. #partnercontent

Former President Donald Trump announced his intent to position the U.S. as a global crypto hotspot if elected. On Aug. 29, Trump stated that he would lay out his plan to ensure America becomes the “crypto capital of the planet”…

Pepe Unchained raises $11 million in presale to develop Pepe Chain, an Ethereum layer 2 blockchain for memecoins. #partnercontent

Intel Markets emerges as a top presale contender, with experts predicting it could outpace Ripple and Tron to reach $1 by the end of 2024. #partnercontent

FLock has teamed up with io.net to create the world’s first Proof of AI consensus mechanism, designed to verify the integrity of nodes within decentralized compute networks. This approach uses AI training tasks to ensure that decentralized physical infrastructure networks…

El Salvador’s President Nayib Bukele revealed that the country has gained about $265 million after adopting Bitcoin as a reserve asset and legal tender. Bukele shared that El Salvador has invested $135 million in Bitcoin, which has since grown to $400 million in the public wallet alone. According to him, Salvadorans who embraced Bitcoin have […]

The post El Salvador’s Bitcoin bet reaps $265M profit, bolsters financial inclusion appeared first on CryptoSlate.

Crypto scammers are shifting from large-scale Ponzi schemes to more focused strategies like emotionally manipulative pig butchering, work-from-home scams, drainers, and address poisoning, blockchain analytical firm Chainalysis stated in a new report According to the firm, both on-chain and off-chain activity indicate that scammers are refining their tactics to conduct shorter and more profitable campaigns […]

The post Crypto scammers ditch Ponzi schemes for emotionally manipulative scams, says Chainalysis appeared first on CryptoSlate.