Latest Crypto Industry News and Insights
North Korea’s Lazarus Group Exploits Web3 Security with ClickFake Campaign
North Korea’s Latest Crypto Hack Exposes Web3’s Security Flaws Imagine you’re a crypto professional, excited about a new job opportunity. You’re contacted by a recruiter on LinkedIn, and after a few exchanges, you’re directed to a website for an interview. But instead of landing a dream job, you’ve just been ensnared by North Korea’s Lazarus […]
Read MoreIllinois Advances Crypto Fraud Bill: Senate Bill 1797 Moves Forward
Illinois State Senator Mark Walker’s Crypto Fraud Bill Advances Illinois State Senator Mark Walker’s Digital Assets and Consumer Protection Act (Senate Bill 1797) has moved a step closer to becoming law after passing the Illinois Senate Executive Committee on April 4, 2025. This bill aims to protect consumers from digital asset fraud while fostering innovation […]
Read MoreHouse Committee Advances Rep. Tom Emmer’s Bill to Block CBDC, Citing Surveillance Risks
Rep. Tom Emmer’s Anti-CBDC Bill Advances: A Stand Against Financial Surveillance The House Financial Services Committee has taken a significant step by advancing Rep. Tom Emmer’s “Anti-CBDC Surveillance State Act” with a vote of 27-22. This bill aims to prevent the U.S. Federal Reserve from issuing a central bank digital currency (CBDC), highlighting concerns over […]
Read MoreGrayscale Files for Solana ETF Without Staking: Navigating Regulatory Hurdles
Grayscale’s Solana ETF: Navigating the Crypto Investment Landscape Without Staking Grayscale has filed an S-1 form with the SEC to rename its Solana Trust to Grayscale Solana Trust ETF, but with a notable twist: the ETF will not include SOL staking. This move reflects Grayscale’s cautious approach to regulatory compliance, while the SEC has acknowledged […]
Read MoreVaulta and VirgoCX Unveil VirgoPay: Stablecoin Remittances Slash Fees by 70%
Vaulta and VirgoCX Launch VirgoPay: A Stablecoin-Powered Remittance Revolution Vaulta, a leading modern banking service using internet technologies, and VirgoCX Global Holdings have teamed up to launch VirgoPay, a cross-border remittance app set to transform international money transfers. Scheduled for a May debut, VirgoPay uses stablecoins to slash fees by up to 70% and enable […]
Read MoreArbitrum’s $ARB Incentives Fail to Boost User Retention, Pink Brains Reports
Arbitrum’s $ARB Incentives Fail to Retain Users, Pink Brains Reports Arbitrum DAO’s multi-million dollar incentive program aimed at boosting user engagement has fallen short, according to a recent critique from Pink Brains, a Web3 marketing studio. Despite the hefty investment, the studio’s analysis reveals a significant failure in user retention, shedding light on broader challenges […]
Read MoreRipple’s RLUSD Pilot Aims to Alleviate Drought in Kenya Using Blockchain
Ripple’s RLUSD Pilot Brings Hope to Kenyan Pastoralists Amid Drought In Laikipia County, Kenya, Ripple has launched a pilot project to combat drought using its stablecoin, Ripple USD (RLUSD). This initiative, in partnership with Mercy Corps Ventures and DIVA Donate, aims to provide financial relief to approximately 533 pastoralists, leveraging blockchain technology and smart contracts. […]
Read MoreCircle Delays IPO Amid Market Turmoil: Navigating Crypto’s Future
Circle Delays IPO Amid Market Volatility: Navigating the Crypto Landscape Circle Internet Financial, the powerhouse behind the USDC stablecoin, has hit the brakes on its much-anticipated initial public offering (IPO) due to the current market volatility and economic uncertainties. This strategic pause reflects the broader challenges facing the crypto industry as it navigates traditional financial […]
Read MoreAI Won’t Replace Crypto Developers Soon, Experts Say: A Collaborative Future Awaits
AI Won’t Replace Crypto Developers Anytime Soon, Say Industry Experts Industry experts assert that AI won’t be replacing crypto developers anytime soon. Despite AI’s rapid growth and integration into the cryptocurrency sector, the complexity and specialized nature of blockchain technology mean that AI’s capabilities, while impressive, are still limited in the nuanced world of crypto […]
Read MoreEthereum Pectra Upgrade on May 7, 2025: Enhancing Scalability Amid Price Decline
Ethereum’s Pectra Upgrade Set to Transform the Network on May 7, 2025 The Ethereum Pectra upgrade, scheduled for May 7, 2025, promises significant enhancements to the network’s functionality, but its success hinges on navigating current market challenges. This upgrade combines the Electra and Prague upgrades and includes 11 Ethereum Improvement Proposals (EIPs) to improve Ethereum’s […]
Read MorePump.fun Reinstates Livestreaming with Strict Moderation Amid Memecoin Market Decline
Pump.fun Reintroduces Livestreaming with Stricter Moderation Policies Pump.fun, a Solana-based meme coin launchpad, has cautiously reinstated its livestreaming feature for 5% of its users, following a suspension due to the broadcast of harmful content. The platform has implemented new, stringent content moderation policies to balance user safety with the creative freedom that thrives in meme […]
Read MoreOnEquity Launches Comprehensive Trader Glossary to Empower Traders in 2025
Navigate the Markets with Confidence: OnEquity’s Comprehensive Trader Glossary Ever felt like you’re trying to trade in a language you barely understand? OnEquity is here to change that with their Trader Glossary launched in March 2025, designed to give traders the knowledge they need to succeed. Comprehensive resource for trading terms Regularly updated to reflect […]
Read MoreOKX Fined $1.2M by Malta for AML Breaches Amid Global Regulatory Scrutiny
OKX Hit with $1.2M Fine from Maltese Authorities for Breaching AML Rules OKX, a leading cryptocurrency exchange, has been fined over $1.2 million by Malta’s Financial Intelligence Analysis Unit (FIAU) for breaching Anti-Money Laundering (AML) regulations. The fine was a result of a compliance examination in April 2023, which highlighted serious violations in OKX’s Customer […]
Read MoreSilk Road’s Dark Secrets: Staged Assassinations and Corrupt Agents Exposed
Unraveling the Silk Road Saga: Three Staged Assassinations and the Dark Side of Law Enforcement The Silk Road, a notorious darknet market, became the epicenter of a dramatic saga involving Bitcoin, staged assassinations, and corrupt law enforcement agents. This tale of deceit and betrayal not only highlights the dark underbelly of the darknet market but […]
Read MoreEmergency Motion in XRP Lawsuit Claims Decisive Evidence: Impact on Crypto Regulation
XRP Lawsuit Hit With Emergency Motion Over Decisive Evidence Justin W. Koerner has filed an emergency motion in the ongoing SEC vs. Ripple lawsuit, claiming to possess “crucial proof” that could sway the case in Ripple’s favor. As the lawsuit nears its end, with the SEC dropping its appeal and Ripple agreeing to a reduced […]
Read MoreU.S. Senate Proposes 3 Bills to Support Crypto, Address Environmental and Geopolitical Issues
U.S. Senate Introduces Trio of Bills to Bolster Crypto Industry This week, the U.S. Senate saw the introduction of three new bills aimed at supporting the burgeoning cryptocurrency industry while addressing environmental and geopolitical concerns. These legislative efforts, spearheaded by Republican senators, reflect a pro-crypto stance amid ongoing tensions with China. FLARE Act incentivizes miners […]
Read MoreSouth Korean Man Jailed 3 Years for $2M Crypto Scam: A Ponzi Scheme Unveiled
South Korean Man Sentenced to Prison for $2 Million Crypto Scam – **Person A sentenced to three years in prison** – **$2.04 million defrauded through crypto scam** – **Scam operated from December 2021 to August 2023** The Scam Unveiled Losing over $2 million to a crypto scam promising guaranteed returns is a nightmare that became […]
Read MoreTim Beiko Proposes Ethereum Core Dev Split into Planners and Builders
Reconfiguring AllCoreDevs: Tim Beiko’s Divide and Conquer Strategy Ethereum’s core developers are at a critical juncture, struggling to manage multiple upgrades simultaneously. Tim Beiko, a key figure in the Ethereum community, has proposed a solution to streamline this process by splitting the developers into two specialized teams: planners and builders. Ethereum developers face simultaneous upgrades […]
Read MoreJustin Sun Launches $50M Bounty to Uncover $500M FDT Embezzlement
Justin Sun’s $50M Bounty Program Targets Alleged FDT Embezzlement Justin Sun, the founder of the TRON ecosystem, has escalated his fight against financial misconduct in the crypto world by launching a $50 million bounty program aimed at uncovering alleged embezzlement by First Digital Trust (FDT). Sun accuses FDT of siphoning over $500 million in custodial […]
Read MoreCLS Global Hit with $428K Fine in FBI’s Crypto Fraud Crackdown
CLS Global Fined $428,000 in FBI’s Operation Token Mirrors Crackdown on Crypto Market Manipulation In a significant blow to fraudulent practices in the cryptocurrency market, the FBI’s “Operation Token Mirrors” has led to a $428,000 fine for CLS Global, a UAE-based crypto market maker caught engaging in wash trading. The sting operation, launched in March […]
Read MoreMichael Saylor Explains Bitcoin’s Short-Term Stock Correlation
Michael Saylor on Bitcoin’s Short-Term Correlation with Stocks Michael Saylor, co-founder of Strategy, recently addressed the contentious issue of Bitcoin’s correlation with U.S. stocks, offering insights into why the cryptocurrency behaves like a risk asset in the short term. This comes amid heightened scrutiny from figures like Dave Portnoy and institutions like JPMorgan, who question […]
Read MoreSenate Approves Atkins as SEC Chair: What It Means for Crypto Regulation
Senate Banking Committee Approves Paul Atkins as SEC Chair Amid Crypto Regulatory Discussions The U.S. Senate Banking Committee has approved Paul Atkins as the next Chair of the Securities and Exchange Commission (SEC) and Jonathan Gould as the official who oversees national banks, known as the Comptroller of the Currency. These nominations are now headed […]
Read MoreJustin W. Keener Files Emergency Letter in SEC vs. Ripple Case, Claims “Decisive Evidence
An Odd Filing Just Graced the SEC vs Ripple Docket, Liberty for the American People Justin W. Keener, a non-party with a history of SEC penalties, filed an emergency letter in the ongoing SEC vs. Ripple Labs lawsuit, claiming to possess “decisive evidence” that could significantly impact the case. Meanwhile, XRP continues to face a […]
Read MoreMalaysia Advances Tokenization and CBDC, EU Pushes Blockchain Digital ID
Malaysia Explores Tokenization for On-Chain Settlement, EU Advances Digital Identity Can you imagine banking without paper? Malaysia is taking steps to make this a reality. Bank Negara Malaysia (BNM) is exploring tokenization and blockchain technology to revolutionize its financial system, focusing on tokenized bank deposits and a wholesale Central Bank Digital Currency (CBDC) for on-chain […]
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