Legal

Unmasking the Safemoon Scandal as Former CTO Pleads Guilty to Fraud

The crypto world is no stranger to drama, but the unraveling of Safemoon stands out as a tale of deceit and downfall. Once a popular crypto for a brief period of time, this $8 billion project crumbled into bankruptcy, leaving investors reeling and its former chief technology officer, Thomas “Papa”

Pump.fun

Pump.fun Sees Fees, Users, and Token Launches Drop After LIBRA Fallout

The Solana based token launchpad Pump.fun has hit a rough patch, and the numbers tell a compelling story. In just one week, the platform saw its fees plummet by a staggering 32%, dipping below the 15,000 SOL daily average for the first time since late December. This sharp

Hack

$1.5 Billion Bybit Exchange Hack the Work of North Korean Hacker Group Lazarus

In a stunning revelation, blockchain security expert ZachXBT has cracked the case of a monumental $1.5 billion hack targeting Bybit, one of the industry’s leading crypto exchanges. ZachXBT, a name synonymous with transparency and relentless investigation in the crypto space, revealed that he submitted definitive proof to solve

Ethereum

Ethereum Price Nosedives After Bybit’s $1.5 Billion Security Breach

The Ethereum price took a significant hit today, suffering sharp declines following a massive security breach at the Bybit exchange that resulted in losses estimated at $1.5 billion. The news has exposed lingering weaknesses in centralized platforms and rattling investor confidence. Bybit’s CEO addressed the situation, confirming that

Breaking News

Bybit Crypto Exchange Hack Confirmed, $1.5 Billion On The Move

BREAKING: A staggering $1.5 billion in Ethereum is being transferred from Bybit, one of the world’s leading crypto exchanges, to an unknown wallet. The news, first highlighted by crypto researcher ZachXBT, is raising urgent questions about the security of Bybit’s hot wallet and the safety of users’

Memecoins

Rumors Swirl About Kanye West Launching YZY Memecoin

Kanye West, now known simply as Ye, has sparked buzz across the internet with rumors of launching his own crypto memecoin project. The rumored memecoin, called YZY, could serve as the official currency for his Yeezy clothing brand, according to a report from CoinDesk. This move appears to be Ye’

Stablecoin

Kraken and Crypto.com Plan Their Own Stablecoins for 2025

Crypto exchanges Kraken and Crypto.com are planning to launch their own stablecoins. It’s a strategic move driven by the European Union’s incoming Markets in Crypto-Assets (MiCA) regulation. The EU isn’t messing around with this one. They’re demanding that all stablecoin issuers secure proper authorization to

Coinbase

Coinbase Secures Major Victory Against SEC in Landmark Crypto Case

In a stunning turn of events for the cryptocurrency industry, Coinbase, one of the world’s biggest crypto exchanges, has secured a monumental victory in its legal battle against the U.S. Securities and Exchange Commission (SEC). Coinbase CEO Brian Armstrong announced that the company reached an agreement with SEC

Bitcoin Mining

Bitcoin Miner BitFuFu Acquires 51MW Oklahoma Data Center to Expand Mining Operations

Today, mining company BitFuFu announced its acquisition of a 51-megawatt operational data center in Oklahoma, a strategic step that’s set to supercharge its U.S. Bitcoin mining footprint and redefine efficiency in the crypto mining industry. The acquisition highlights the company’s savvy approach to expanding its global reach.

Sam Bankman-Fried

Sam Bankman-Fried Breaks Silence in New York Sun Prison Interview

Sam Bankman-Fried, the once-celebrated crypto mogul behind FTX, has resurfaced with a candid prison interview featured with The New York Sun. Speaking from behind bars, the disgraced founder didn’t hold back, offering his unfiltered take on the trial that landed him there, the collapse of his empire, and even

Bitcoin

How Microsoft’s New State of Matter in Quantum Computing Could Challenge Bitcoin’s Security

Microsoft’s recent unveiling of a groundbreaking state of matter has sent ripples through the tech world, and its potential to disrupt Bitcoin’s security framework through quantum computing. This isn’t just another incremental step in technology; it’s a leap into territory that could reshape how we view

Exchange

Crypto Trading Volumes Hit $18.83 Trillion in 2024, Yet Fall Short of 2021’s Record High

The crypto space in 2024 was a whirlwind of activity, with trading volumes across the top 15 centralized exchanges reaching an impressive $18.83 trillion. That’s a hefty jump from the $8.05 trillion recorded in 2023, marking a growth of over 134%. Binance led the pack as the

Coinbase

Coinbase Urges Congress to Revamp Crypto Laws with Six Key Priorities

Coinbase, a major player in the crypto exchange space, is calling on Congress to step up and tackle the messy state of crypto regulation in the United States. The company has laid out six critical priorities aimed at straightening out the legal tangle, safeguarding consumers, and keeping blockchain innovation from

Roger Ver

After Prison Release, Ross Ulbricht Champions Roger Ver’s Freedom

In a striking show of solidarity within the crypto community, Ross Ulbricht, the founder of the Silk Road marketplace, has taken to rally support for Roger Ver, an early Bitcoin investor facing serious legal challenges with the IRS. Ulbricht’s message highlights Ver’s past support during Ulbricht’s own

CBDC

European Central Bank is Planning to Launch Blockchain Payment System

The European Central Bank is setting its sights on developing a blockchain-based payment system designed to streamline how financial institutions settle transactions using central bank money. This ambitious step could pave the way for a wholesale central bank digital currency, often referred to as a CBDC, marking a significant shift

Securities and Exchange Commission

SEC Announces New Cyber Unit to Protect Against Cryptocurrency Fraud

BREAKING: The Securities and Exchange Commission has taken a bold step forward in its mission under President Trump with the launch of the Cyber and Emerging Technologies Unit, or CETU. Announced this morning, this specialized division is designed to tackle cyber-related misconduct and shield everyday investors from threats lurking in

Bitcoin

Why Startups Are Embracing Bitcoin on Their Balance Sheets

A growing wave of startups are turning to Bitcoin as a clever addition to their financial strategies, and it’s not just about the money. Venture capital firm Epoch dropped a new report on the Bitcoin ecosystem, shining a light on how this trend is picking up steam. Startups aren’

Bitcoin

Trump Speech Says He Signed Executive Orders to End Biden’s War on Bitcoin and Crypto

In a electrifying speech at the FILL Priority event hosted by the America First Policy Institute, President Donald Trump made a fiery declaration: he’s signed executive orders to dismantle what he calls “Joe Biden’s war on Bitcoin and crypto.” Speaking before a packed audience and a backdrop adorned

Bitcoin

Bitcoin Lightning Network Security Flaw Threatens User Funds

In what can only be described as a distressing day for Lightning Network users, a critical vulnerability has been unearthed that could lead to the remote theft of Bitcoin. Bitcoin developer, known by the pseudonym "Calle," issued an urgent alert to all node operators using software versions prior

Memecoins

Hester Pierce Weighs in On Memecoins, Says SEC Won’t Bail Out Investors

Hester Peirce, known in the cryptocurrency world as "Crypto Mom" for her supportive stance on digital assets, has issued a stern warning to traders dabbling in memecoins. During her recent appearance on the Bankless podcast, the SEC Commissioner clarified that the government might not be there to rescue

Legal

Sam Bankman-Fried’s $1 Billion Empire Unveiled in Court Forfeiture Ruling, Includes Private Jets, Crypto, Stocks

Sam Bankman-Fried, once the golden boy of the crypto world, has officially lost control of a sprawling empire of assets valued at roughly $1 billion. A federal court in New York laid it all out in a detailed order this week, stripping away his ownership of everything from private jets

Cardano

Cardano Founder Charles Hoskinson Defends Argentina President Javier Milei Amid LIBRA Memecoin Controversy

Charles Hoskinson, the visionary mind behind Cardano, has stepped into the spotlight, this time to voice his unwavering support for Argentina’s President Javier Milei admid the LIBRA memecoin scandal. In a recent video clip, Hoskinson passionately defends Milei’s libertarian approach to governance, particularly the economic reforms that have

Binance

Binance is Considering Moving Back to the US Under Trump Administration

Richard Teng, the CEO of Binance, sees a promising horizon under the new U.S. administration led by President Donald Trump. In an interview with Bloomberg News on the sidelines of the Consensus crypto conference in Hong Kong, Teng shared his optimism about what he describes as a “fresh reset

Memecoins

Dave Portnoy's Memecoin ‘GREED’ Nets Him Over $250,000 in Profits

Barstool Sports' founder Dave Portnoy has once again stirred the pot with his latest memecoin adventure. Known for his brash style and entrepreneurial spirit, Portnoy has leveraged the meme culture within the crypto community to create and manipulate tokens, much to the fascination and sometimes frustration of investors. Portnoy

Crypto

Crypto Market Maker Wintermute Plans US Expansion with New York Office

Wintermute Trading Ltd. is setting its sights on the United States. The company, known for its skills in providing liquidity to the digital asset market, is planning to plant its flag in New York, aiming to introduce new over-the-counter (OTC) products to American traders. Under the leadership of CEO Evgeny