Latest Crypto Industry News and Insights
Cardano’s Bullish Surge Faces Fraud Allegations Against Founder Charles Hoskinson
Cardano’s Bullish Outlook Tested by Fraud Allegations Against Charles Hoskinson Cardano’s soaring ambitions face a critical test as founder Charles Hoskinson grapples with serious fraud allegations. While the altcoin’s future looks bright with bullish market trends, a cloud of suspicion threatens to overshadow its progress. ADA’s recent 10% price drop Allegations of manipulation by Charles […]
Read MoreSouth Korean Experts Warn of Stablecoin Risks as Election Looms
South Korean Experts Warn Seoul of Mounting Stablecoin Danger South Korean financial and legal experts are raising alarms about the risks of adopting stablecoins, particularly those pegged to the U.S. dollar, as the country grapples with potential economic and political implications. Experts warn of stablecoin impact on Korean won and exchange rates Leading presidential candidate […]
Read MoreRoman Storm’s Defense Accuses U.S. of Withholding Evidence in Tornado Cash Case
Roman Storm’s Defense Team Accuses U.S. Government Of Withholding Key Exculpatory Evidence Roman Storm, a key developer behind Tornado Cash, faces a legal battle where his defense team has accused U.S. federal prosecutors of withholding crucial evidence that could clear his name. This development comes amid a backdrop of shifting U.S. crypto regulations, raising questions […]
Read MoreUS DOJ Investigates Coinbase After $20M Hack: Bribery and Data Breach Uncovered
US Justice Department Probes Coinbase Over $20 Million Ransom Hack In a shocking turn of events, Coinbase, the largest cryptocurrency exchange in the US, faces a $20 million ransom demand following a sophisticated hack. The U.S. Justice Department is now delving deep into this significant security breach, which was facilitated by bribing overseas Coinbase employees […]
Read MoreCircle Explores $5B Sale and IPO, Engages Ripple and Coinbase
Circle Explores $5 Billion Sale While Advancing IPO Plans Circle, the issuer of the USDC stablecoin, is weighing a potential $5 billion sale while simultaneously preparing for an Initial Public Offering (IPO). USDC, a digital currency pegged to the US dollar, is crucial in the decentralized finance (DeFi) ecosystem. – Circle considers $5 billion sale […]
Read More2015 Bitcoin Spam Attacks: Resilience Tested, Blocksize War Intensified
The 2015 Spam Attacks: Lessons in Bitcoin’s Resilience and Debate In the summer of 2015, Bitcoin faced a series of disruptive spam attacks that tested the network’s resilience and reignited debates over its future. These attacks, orchestrated by CoinWallet.EU, aimed to stress test Bitcoin’s limits and push for a change in its blocksize policy. Spam […]
Read MoreTether on TRON Hits $75B, Dominates Stablecoin Market
Tether on TRON Surpasses $75 Billion, Leading Stablecoin Activities Tether (USDT) on the TRON blockchain has hit a significant milestone, reaching over $75 billion in circulation, solidifying TRON’s position as the leading platform for stablecoin transactions. Tether on TRON exceeds $75 billion TRON leads in global USDT supply Over 8.3 million daily transactions T3 Financial […]
Read MoreVitalik Buterin Unveils New Ethereum Scaling Proposals: Stateless Nodes, EIP-4444, and More
Vitalik Buterin Proposes Updates to Ethereum’s Scaling Strategy Vitalik Buterin, the co-founder of Ethereum, has unveiled a series of proposals aimed at enhancing the blockchain’s scalability while preserving user accessibility and privacy. Introduction of partially stateless nodes Full rollout of EIP-4444 to reduce node storage Distributed history storage system using erasure coding Modifications to gas […]
Read MoreBitcoin ETFs Hit $40 Billion in Inflows: Institutional Confidence Soars
Bitcoin ETFs Surpass $40 Billion in Cumulative Inflows: A New Era for Crypto Investment Over $40 billion as of May 19, 2024! Bitcoin ETFs are sucking up cash faster than a vacuum on Black Friday, and this landmark achievement reflects a robust confidence in Bitcoin from both institutional and retail investors. Bitcoin ETFs reach $40 […]
Read MoreAustralian Court Declares Bitcoin as Money, Sparks Tax Refund Debate
Australian Court Ruling Sparks Debate on Bitcoin Taxation: Potential Billions in Refunds on the Line In a landmark case, an Australian court declared Bitcoin a form of money, akin to the Australian dollar, sparking a debate over the taxation of cryptocurrencies and potentially leading to billions in refunds for crypto investors. Bitcoin classified as money […]
Read MoreRevolut Invests €1.1B in France, Aims for Europe’s Top Bank Status
Revolut’s €1.1 Billion Leap into European Mainstream Banking, Starting with France Revolut, the UK-based fintech company, is making a significant push into European mainstream banking with a €1.1 billion investment, beginning with France. This move aims to position Revolut as the largest banking group in Europe, challenging traditional banking models and expanding its global footprint. […]
Read MoreNew Zealand Man Arrested for $265M Crypto Scam: Luxury Purchases Funded by Stolen Digital Assets
Authorities Allege Scammers Stole $265,000,000 in Crypto To Buy Exotic Cars, Private Security and Other Luxuries A New Zealand man has been arrested for his alleged role in a sophisticated international criminal organization that defrauded seven individuals of $265 million in cryptocurrency between March and August 2024. Charged by the U.S. Department of Justice with […]
Read MoreMichael Saylor’s Strategy Faces $5.91B Unrealized Loss and Class Action Lawsuit Over Bitcoin Claims
Michael Saylor and Strategy Hit with Class Action Lawsuit Over Alleged False Bitcoin Statements – Class action lawsuit filed against Strategy and Michael Saylor. – Allegations of false profitability and risk statements. – Significant unrealized loss disclosed to the SEC. – Strategy continues to invest heavily in Bitcoin. Michael Saylor, the founder of what was […]
Read MoreCharles Hoskinson Denies $619M ADA Misuse, Cardano Audit Planned
Cardano’s Charles Hoskinson Denies Misusing $600M in ADA, Promises Full Audit Charles Hoskinson, the founder of Cardano, has been thrust into the spotlight following accusations of misusing $619 million worth of ADA. These allegations stem from the 2021 Allegra hard fork, where Hoskinson is claimed to have manipulated the Cardano network ledger. In response, Hoskinson […]
Read MoreSalesforce Slashes Slack Prices by 90% for U.S. Federal Government: OneGov Initiative Drives Savings
Salesforce Slashes Slack Prices by 90% for U.S. Federal Government – Salesforce offers a 90% discount on Slack to U.S. federal agencies. – The discount aligns with the OneGov initiative to centralize tech procurement. – Other tech giants like Google, Adobe, and ServiceNow are also offering significant discounts. In a bold move, Salesforce Inc. has […]
Read MoreCurve Finance Hit by Twitter Hack and Website Hijack: DeFi Security Under Scrutiny
Curve Finance Grapples with Security Breaches: Twitter Hack and Website Hijack Curve Finance, a major player in DeFi, recently faced significant security breaches that underscore the ongoing challenges in the decentralized finance sector. Curve Finance, a key DeFi platform, hit by Twitter and website hacks. Repeated security incidents highlight the need for stronger DeFi security. […]
Read MoreMalware in Procolored Printer Driver Steals 9.3 BTC Since October 2023
Bitcoin-stealing Malware Found in Chinese Printer Driver Setting up a new printer shouldn’t come with the risk of losing your digital assets. Yet, that’s exactly what happened to users of Procolored’s UV printers. Security experts uncovered a Bitcoin-stealing malware hidden in the official driver, which has been siphoning off 9.3 Bitcoin since October 2023. This […]
Read MoreCrypto Fund Inflows Hit $785M: Ethereum’s Pectra Upgrade Boosts Market Confidence
Crypto Fund Inflows Surge to $785 Million Amid Ethereum’s Pectra Upgrade Recovery Last week, crypto funds saw a significant rebound with $785 million in inflows, bringing the year-to-date total to $7.5 billion. This surge, driven by Ethereum’s recent Pectra upgrade, signals renewed investor confidence in the digital asset market. Crypto fund inflows hit $785 million. […]
Read MoreAxie Infinity Unveils Eerie “Nightmare Realm” NFTs on Ronin Blockchain
Iconic NFT Game Axie Infinity Launches New “Nightmare Realm” Accessories On May 19, 2025, Sky Mavis, the creative minds behind Axie Infinity, unleashed the eerie yet captivating “nightmare realm” series of NFT accessories, adding a new dimension to the game’s universe. This launch, hosted on the Ronin blockchain tailored for gaming, introduces three unique items: […]
Read MoreTrump’s Crypto Allies Ditch Hacked Platform, Launch WLFI Amid Controversy
Trump’s Crypto Partners Abandoned Hacked Platform, Pocketed Millions Donald Trump’s sons have launched World Liberty Financial (WLFI) with Zak Folkman and Chase Herro, who previously abandoned Dough Finance after a devastating $2.5 million hack. The new venture has stirred controversy, raising questions about trust, centralization, and political influence in the crypto space. Trump family launches […]
Read MoreCrypto.com and Canary Capital Launch First U.S. Regulated CRO Trust
Crypto.com and Canary Capital Launch Canary CRO Trust: A Bold Leap into Regulated Crypto Exposure Crypto.com is making waves with the launch of the Canary CRO Trust, in partnership with Canary Capital Group, marking the first U.S.-based investment product offering regulated exposure to the Cronos (CRO) token. This move comes amidst a flurry of strategic […]
Read MoreJack Dorsey Backs BIP 177: Proposal to Retire Satoshis and Reshape Bitcoin
No More Satoshis? Eccentric Proposal Supported by Jack Dorsey John Carvalho, CEO of Synonym, has crafted Bitcoin Improvement Proposal (BIP) 177, aiming to retire the satoshi and redefine one Bitcoin to equal 100,000,000 Bitcoins. This bold move has caught the attention of Jack Dorsey, who shared it with his 6.4 million followers on X, sparking […]
Read MoreTatsu Works Halts $7.5M Funded Tatsumeeko: Lumina Fates, Shifts to Project: Wander
Blockchain Game Developer Tatsu Works Abandons Tatsumeeko: Lumina Fates After $7.5M Investment In a surprising move, Singapore-based blockchain game developer Tatsu Works has decided to halt the development of its MMORPG-lite game, Tatsumeeko: Lumina Fates, three years after raising $7.5 million in venture funding. Despite initial excitement and positive playtests, the game failed to meet […]
Read MoreTexas Proposes First State-Managed Bitcoin Reserve to Boost Crypto Sovereignty
Texas Proposes Strategic Bitcoin Reserve Amid Push for Crypto Sovereignty Texas is making headlines with Senate Bill 21, which proposes the creation of a state-managed Bitcoin reserve, positioning cryptocurrencies as a strategic financial asset and a hedge against economic volatility. This bold initiative could set a precedent for other states and reshape the U.S. crypto […]
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