Latest Crypto Industry News and Insights
zkLend Hacker Claims Phishing Scam Loss: 3,667 ETH Stolen Funds Vanish
zkLend Thief Claims to Be Robbed: A Twist in the Tale of Stolen Crypto The hacker who stole 3,667 ETH from the zkLend lending platform in mid-February now claims to have been scammed themselves, adding a bizarre twist to the saga of stolen cryptocurrency. The perpetrator points fingers at a phishing site, leaving the crypto […]
Read MoreCrocodilus Malware Targets Android Crypto Wallets: Global Threat Looms
Crocodilus Malware: A New Threat to Android Users and Cryptocurrency Wallets Crocodilus, a new strain of malware targeting Android devices, poses a significant risk to mobile banking apps and cryptocurrency wallets. This sophisticated threat uses advanced techniques like remote control, black screen overlays, and an Accessibility Logger to steal sensitive information. Initially focused on Spain […]
Read MoreKraken Boosts Ripple’s RLUSD: A Game-Changer for Cross-Border Payments
Kraken Embraces Ripple’s RLUSD, Boosting Stablecoin’s Cross-Border Payment Potential Kraken, a leading US crypto exchange, has added support for Ripple’s new stablecoin, RLUSD, enhancing its potential for cross-border payments. Launched in mid-December 2024, RLUSD has already surpassed a $293 million market cap and is now available on both the XRP Ledger and Ethereum blockchains. This […]
Read MoreFDUSD Stablecoin Crashes to $0.76 Amid Liquidity Fears and Justin Sun’s Accusations
FDUSD Stablecoin Depegs Amid Allegations and Liquidity Concerns FDUSD, a stablecoin issued by First Digital, recently experienced a dramatic depeg, plummeting to as low as $0.76 before recovering to around $0.97. This event was triggered by concerns over the liquidity of First Digital’s reserves and amplified by accusations from Tron founder Justin Sun. FDUSD depegged […]
Read More21% of U.S. Adults Embrace Crypto: Survey Reveals Widespread Adoption and Impact
Major Survey Reveals 1 in 5 U.S. Adults Now Use Cryptocurrency One in five U.S. adults, or about 55 million people, are now using cryptocurrency, according to a groundbreaking survey by the National Cryptocurrency Association (NCA) and Harris Poll. This significant adoption rate spans diverse demographics and income levels, with a notable enthusiasm among those […]
Read MoreYe Zhang Slams Ethereum L2 Fee Proposals: Calls for Hub, Not Tax
Critics Say Ethereum Must Empower L2s, Not Extract Value from Them Ye Zhang, co-founder of the layer-2 network Scroll, has ignited a fierce debate within the Ethereum community by opposing the idea of charging fees on Ethereum’s Layer-2 (L2) networks. He argues that such a move would prioritize short-term gains over the long-term growth and […]
Read MoreSwitzerland’s Digital Payment Surge Fuels Swiss Stablecoin Potential
Digital Shift in Swiss Economy Shows Substantial Opportunity for Swiss Stablecoin, Bitcoin Suisse Says Switzerland’s transition from a cash-centric society to embracing digital payments is paving the way for Swiss stablecoins to play a significant role in the future of finance. 35% of in-store purchases now made with debit cards, surpassing cash. Bitcoin Suisse sees […]
Read MoreRipple Boosts Cross-Border Payments with RLUSD Integration
Ripple Integrates RLUSD into Payments Platform, Boosting Cross-Border Efficiency Ripple has taken a bold step forward by integrating its USD-backed stablecoin, RLUSD, into its Ripple Payments platform. This move aims to streamline cross-border transactions and expand the utility of RLUSD among financial institutions. Ripple integrates RLUSD into Ripple Payments RLUSD launched in December 2024 Market […]
Read MoreCoinbase CEO Urges Stablecoin Legislation for On-Chain Interest to Boost U.S. Economy
Coinbase CEO Brian Armstrong Advocates for Stablecoin Legislation to Boost U.S. Economy Imagine earning interest on your digital dollars without ever leaving your wallet. Coinbase CEO Brian Armstrong is pushing for stablecoin legislation that would make this a reality, potentially fueling economic growth and extending U.S. dollar dominance worldwide. Coinbase CEO pushes for on-chain interest […]
Read MoreFAT Brands Pioneers Bitcoin Payments for Franchises, Boosts Crypto Mainstreaming
NASDAQ-listed FAT Brands Now Accepts Bitcoin for Franchise Payments FAT Brands, a global restaurant franchising giant, has announced it will now accept Bitcoin for franchise royalty payments, becoming the first in the restaurant franchise industry to embrace cryptocurrency. This move not only reflects the growing mainstream acceptance of Bitcoin but also aims to streamline payment […]
Read MoreVanEck Files for First U.S. BNB ETF, Challenging Grayscale in Crypto Market
Fund Manager VanEck Moves to Launch First U.S.-Based BNB ETF Investment giant VanEck has taken a bold step towards mainstreaming cryptocurrencies by filing for the first U.S.-based Binance Coin (BNB) exchange-traded fund (ETF) in Delaware. This move, confirmed by former Binance CEO Changpeng Zhao, could significantly boost BNB’s presence in the U.S. market if approved […]
Read MoreBitfarms Secures $300M Loan to Boost Bitcoin Mining and AI at Panther Creek Amid Regulatory Hurdles
Bitfarms Secures $300 Million Loan for Bitcoin Mining and AI Expansion at Panther Creek Data Center Bitfarms, a Canadian Bitcoin mining company, has secured a $300 million loan from Macquarie Group to expand its Panther Creek data center in Pennsylvania. This strategic move aims to boost Bitcoin mining capacity and tap into the growing demand […]
Read MoreOstium Boosts Trading with New Points Program: 10M Points for Early Adopters
Ostium Launches Competitive Points Program to Boost Trading and Liquidity Ostium, a leading leveraged trading platform for Real World Assets (RWAs), has launched the Ostium Points Program to incentivize user engagement through trading, referrals, and liquidity provision. The program, which kicked off on March 31, 2025, at 10:00 AM ET, aims to reward early adopters […]
Read MoreCrypto Mining Malware Doubles in Q1 2025, Targets Open Source Ecosystems
Crypto Mining Malware and Open Source Malware Packages Surge in Q1 2025 In the first quarter of 2025, the open source community experienced a significant increase in crypto mining malware and malicious packages, doubling from the previous quarter. According to Sonatype’s latest report, this surge highlights the persistent threats within open source ecosystems, particularly targeting […]
Read MoreCalifornia’s AB 1052: A Game-Changer for Digital Asset Rights and Payments
California’s Bold Move: AB 1052 Paves the Way for Digital Asset Rights California State Assemblymember Avelino Valencia has transformed a simple money transmission bill into a comprehensive piece of legislation focused on digital asset rights, reflecting the state’s progressive stance on cryptocurrencies and setting a potential precedent for the nation. AB 1052 revised to focus […]
Read MoreWhiteBIT Nova Crypto Card Hits 1 Million Transactions, Boosting Crypto Adoption
WhiteBIT Nova Crypto Card Surges Past 1 Million Transactions, Paving the Way for Mainstream Adoption WhiteBIT Nova, the Visa-enabled crypto card from Europe’s leading cryptocurrency exchange by traffic, WhiteBIT, has processed over 1 million transactions, marking a significant milestone in the integration of digital currencies into daily financial activities. This achievement underscores the growing acceptance […]
Read MoreStablecoins Challenge Central Bank Dominance Amid Global Crypto Surge
Stablecoins: The New Challengers to Central Bank Dominance Stablecoins are reshaping the global financial landscape, challenging the long-standing dominance of central banks over national currencies. This shift is driven by the increasing adoption of Bitcoin and stablecoins worldwide, particularly in countries facing economic instability. Stablecoins challenge central bank dominance Global adoption of Bitcoin and stablecoins […]
Read MoreSouth Korea Crypto Crisis: Investor Assaults Delio CEO, Haru Invest CEO Stabbed Amid Regulatory Crackdown
South Korea Cryptocurrency Crisis: Investor Assaults Delio CEO Over Lost Funds, Faces Fine A South Korean investor, driven to desperation by lost cryptocurrency funds, assaulted the CEO of bankrupt crypto lender Delio. This incident, part of a broader wave of tension between defrauded investors and crypto executives, has resulted in a fine for the assailant […]
Read MoreScroll Co-Founder Warns: Ethereum Fees on Rollups Toxic for Scalability
Scroll Co-Founder Warns Against Ethereum Fees on Layer-2 Rollups, Calls It Toxic for Ethereum Scalability Ye Zhang, co-founder of the layer-2 platform Scroll, has sounded the alarm on proposals to impose fees on Ethereum rollups, labeling them as “one of the most toxic ideas for Ethereum’s future.” His critique underscores a pivotal debate about Ethereum’s […]
Read MoreGameStop Raises $1.5B, Shifts to Bitcoin Amid Store Closures
GameStop’s Bold Leap: $1.5B in Bitcoin as Retail Strategy Shifts GameStop, once the epicenter of the meme stock frenzy, is now betting big on Bitcoin, raising $1.5 billion through a convertible debt offering to pivot from physical retail to the digital realm. GameStop raises $1.5B via convertible debt Proceeds to fund Bitcoin acquisition Over 1,000 […]
Read MoreChina’s Blockchain Push for Credit Data Security by 2029 Amid Privacy Concerns
China’s Bold Leap into Blockchain for Credit Data Security China is aggressively adopting blockchain technology to enhance credit data security, with plans to implement a national data infrastructure by 2029. However, recent data leaks raise concerns about privacy and surveillance. China explores blockchain for credit data security NDRC implements privacy computing National data infrastructure planned […]
Read MoreNorth Korean IT Workers Target European Tech and Crypto Firms for Regime Funding
North Korean IT Workers Ramp Up Infiltration of Tech and Crypto Firms Across Europe North Korean IT workers are intensifying their efforts to infiltrate tech and cryptocurrency companies across Europe, driven by the need to bypass international sanctions and generate revenue for the regime. These workers use sophisticated methods, including fake identities and multiple personas, […]
Read MoreRipple Locks 700M XRP in Escrow: A Strategic Move Amid Legal Battles
Ripple Locks 700M XRP in Escrow Amid Ongoing Token Supply Strategy Ripple continues its strategic dance with XRP supply, locking away another 700 million tokens in escrow. This move reflects Ripple’s ongoing commitment to managing the cryptocurrency’s circulation, aiming for market predictability. Despite the maneuver, XRP’s price experienced only a minimal dip of 0.2% over […]
Read MoreVana’s VRC-20 Standard Launches, Tokenizing Real-World Data for Enhanced Market Utility
Vana’s VRC-20 Standard: Pioneering the Tokenization of Real-World Data Vana, an EVM-compatible Layer 1 blockchain (a blockchain that can run Ethereum-based applications), has launched VRC-20, a new standard designed to revolutionize how real-world data is tokenized, bringing trust, liquidity, and utility to data markets. Vana introduces VRC-20 for tokenizing real-world data. VRC-20 enhances trust, liquidity, […]
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