In A Nutshell Dechat, a Web3 communication platform, inadvertently shared a link to a honeypot scam in their token launch announcement on February 26. The misleading link led to a PancakeSwap pool designed to trap investors’ funds. The mistake was quickly corrected after being pointed out by on-chain researcher ZachXBT. However, the incident raised concerns…
In A Nutshell A recent phishing scam involving a fake AirDrop from MicroStrategy has led to significant financial losses among cryptocurrency users, with approximations reaching $440K. The scheme exploited the compromised X (formerly Twitter) account of MicroStrategy, enticing victims with a fraudulent offer of MSTR tokens, purportedly backed by the company’s sizable Bitcoin reserves. Despite…
In A Nutshell Tron’s daily network revenue reached a surprising all-time high of $2 million on February 20, 2024, coinciding with the day Circle announced it would cease the minting of its USDC stablecoin on the Tron network. This surge in revenue was attributed to an increase in transaction fees, generated from 13 million TRX…
In A Nutshell Recent analysis by AMBCrypto, and data from Santiment, indicate an upward trend in Dogecoin (DOGE) holdings among both retail investors and large-scale whale cohorts. This uptick in accumulation could signal a bullish outlook for DOGE’s near future. Despite a slow start to the year, Dogecoin has seen a notable recovery in the…