Latest Crypto Industry News and Insights
Charles 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 […]
Read MoreAustralian Police Seize $4.5M in Assets from 2013 Bitcoin Heist, Including Mansion and BTC
Australian Federal Police Seize $4.5M in Assets from Decade-Old Bitcoin Theft Assets seized: Luxury mansion, Mercedes Benz, and nearly 25 BTC Investigation sparked: By Luxembourg tip to AUSTRAC Legal basis: Australia’s Proceeds of Crime Act via civil forfeiture Funds repurposed: For crime prevention and law enforcement In a decisive strike against cybercrime, the Australian Federal […]
Read MoreEthereum Pectra Upgrade Boosts Smart Wallets, Market Cap Soars 42%
Ethereum’s Pectra Upgrade Sparks Surge in Smart Wallet Activity and Market Confidence Ethereum’s latest upgrade, Pectra, is shaking things up with a surge in smart wallet activity and a massive boost in market confidence. Here’s why it matters. Pectra upgrade effective from May 7 Surge in smart wallet activity post-EIP-7702 ETH market cap up 42% […]
Read MoreCeDeFi: Bridging Web3 Sovereignty and User Convenience for Mass Adoption
Web3 Adoption: Balancing Sovereignty and Convenience with CeDeFi Solutions The web3 industry faces a critical challenge in its quest for mass adoption: balancing the ideal of financial sovereignty with the practical need for user convenience. While self-custody wallets represent the pinnacle of personal control over assets, they often intimidate and confuse users, hindering broader acceptance […]
Read MoreCoinbase Hit by Data Breach: Faces Lawsuits, SEC Probe, and $20M Ransom Demand
Coinbase Faces Legal Firestorm Over Data Breaches and Privacy Violations Imagine waking up to find your personal details in the hands of hackers. This nightmare became a reality for thousands of Coinbase users on May 11, 2025, leading to a flurry of legal actions against the exchange. Coinbase, a titan in the U.S. cryptocurrency market, […]
Read MoreRussia’s Kraken Dominates Darknet: 68% Surge Amid Global Crypto Decline
Russia’s Kraken Surges 68% Amid Global Darknet Crypto Downturn In 2024, global darknet cryptocurrency sales saw a 15% decline due to heightened law enforcement efforts, but Russia’s darknet market, Kraken, bucked the trend with a 68% increase in crypto transactions, amassing $737 million. This surge positioned Kraken as the leading darknet market by annual revenue […]
Read MoreMetaplanet Boosts Bitcoin Holdings by 1,004 BTC, Targets 10,000 by 2024
Metaplanet Continues Aggressive Bitcoin Acquisition, Adds 1,004 BTC Japanese investment firm Metaplanet has intensified its Bitcoin accumulation strategy, purchasing an additional 1,004 BTC for over $104 million. This latest move increases their total holdings to 7,800 BTC, valued at approximately $828 million, establishing Metaplanet as Asia’s top publicly listed corporate Bitcoin holder and 11th globally. […]
Read MoreAustralian Federal Police Seize $4.5M in Bitcoin and Luxury Assets from Crypto Crime
Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust Shane Stephen Duffy’s life of luxury came crashing down when the Australian Federal Police (AFP) seized nearly 25 Bitcoin, a waterfront mansion, and a Mercedes-Benz valued at over AUD 4.5 million. This dramatic seizure highlights the growing challenges of cryptocurrency-related crime and the legal mechanisms […]
Read MoreCoinbase Sued Over Biometric Data Violations in Illinois: Faces Millions in Penalties
Coinbase Faces Class-Action Lawsuit in Illinois Over Biometric Data Practices Over 10,000 Coinbase users in Illinois are part of a class-action lawsuit that could cost the company millions due to alleged violations of the state’s strict Biometric Information Privacy Act (BIPA). The lawsuit claims that Coinbase has been collecting and storing facial data during its […]
Read MoreVladimir Smerkis Arrested for $15M Crypto Fraud: Impacts Blum and Signals Industry Risks
Arrest of Vladimir Smerkis Linked to $15M Losses in Collapsed Crypto Ventures In a shocking development, Vladimir Smerkis, the former head of Binance Russia, has been arrested in Moscow over a $15 million crypto fraud scandal involving two collapsed ventures, The Token Fund and Tokenbox. Smerkis arrested over $15M fraud linked to The Token Fund […]
Read MoreRetired Artist Loses $2M in Crypto to Coinbase Impersonators: Security Breach Exposed
Coinbase Impersonators Swindle Retired Artist Out of $2 Million in Crypto Ed Suman, a 67-year-old retired artist, expected his golden years to be a time of peace and creativity. Instead, he became the victim of a cunning scam, losing over $2 million in Bitcoin and Ether to fraudsters impersonating Coinbase support staff. This incident not […]
Read MoreJapanese Hedge Fund Collapse Sparks Blockchain’s Role in Financial Resilience
When the East Buckled, Blockchain Whispered What happens when a respected financial institution crumbles under pressure? The collapse of a Japanese hedge fund on April 8, 2025, due to a risky investment strategy, underscores the urgent need for blockchain technology to enhance financial resilience and transparency. Japanese hedge fund collapses from over-leverage Trump’s tariffs spark […]
Read MoreQueensland Man’s Assets Seized Over 2013 Bitcoin Theft: 25 BTC, Mansion, and Car Confiscated
Queensland Man’s Assets Seized in 2013 Bitcoin Theft Investigation In a bold move that showcases the relentless pursuit of stolen cryptocurrencies, authorities in Queensland have seized assets from Shane Stephen Duffy, a local man suspected of involvement in a major Bitcoin theft from a French crypto exchange back in 2013. This operation not only underscores […]
Read MoreNew Zealand Man Arrested in $265M Global Crypto Scam: FBI Leads to 13 Arrests
New Zealand Man Arrested in $265 Million Crypto Scam A man from Wellington, New Zealand, has been caught in a global dragnet, exposing a $265 million crypto scam that spanned continents and highlighted the dark side of digital currency. The arrest, part of a multinational law enforcement operation, underscores both the potential for vast profits […]
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