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The official X account for Trezor began asking users to send crypto to an unknown wallet address and posted nefarious links to a fraudulent token presale.

Trezor X account shills fake presale tokens in suspected hack

The official X account of hardware wallet manufacturer Trezor has published a series of nefarious posts pointing to fraudulent presale token offerings, suspected the result of a suspected SIM-sw...

5 months ago

Arbitrum developers will reduce the cost of layer-2 transactions by 10 times, with gas fee reductions going live on March 18.

Arbitrum to reduce gas fees amid Dencun update

The Offchain Labs team has implemented an update to ArbOS, also known as Atlas. The upgrade will add support for binary large objects (blob) transactions, designed to reduce the cost of transfer...

5 months ago

Sam Bankman-Fried’s lawyers criticize prosecutors’ 50-year prison proposal as distorted, amid wire fraud and conspiracy accusations related to his crypto empire’s downfall.

Bankman-Fried’s lawyers decry proposed 50-year sentence as ‘medieval view of punishment’

U.S. prosecutors’ proposal to put FTX founder Sam Bankman-Fried in prison for as long as 50 years adopts a “medieval view of punishment,” as the filing port...

5 months ago

Over $650 Million Liquidated as Bitcoin Remains Volatile

GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000

Bitcoin experienced a significant price collapse amid continued outflows from Grayscale’s converted GBTC spot Bitcoin ETF. According to data from CoinMarketCap, the le...

6 months ago

Bloomberg Analysts Not Hopeful for ETH ETF Approval

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the spot Ethereum ETFs applications submitted by Hashdex and ARK 21Shares. According ...

6 months ago

Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.

Cardano finally gets fiat-backed stablecoin USDM after huge delays

Layer-1 blockchain Cardano has welcomed its first 1:1 fully fiat-backed stablecoin, USDM, the latest entrant in a $146-billion stablecoin market dominated by Tether and Circle . ...

6 months ago

Binance Labs’ portfolio averages an over 14 times return on investment rate, according to the announcement.

Binance cuts ties with venture capital arm

Binance Labs has become an independent venture capital arm, after severing ties with Binance exchange. The independent VC fund’s portfolio is now worth over $10 billion, covering...

6 months ago

The court dismissed the corporate regulator’s legal action, saying Finder Earn wasn’t a debt security and didn’t require a financial license.

Australian crypto firm Finder’s Earn product was compliant, court finds

An Australian federal court has dismissed a lawsuit bought by the country’s corporate regulator against a sister company of Australian fintech firm Finder.com, after finding its yield-bear...

6 months ago

Memecoin degens have raised over $700,000 to put an image of the viral Solana memecoin Dogwifhat on the Las Vegas Sphere.

Dogwifhat hits record high following $700K Vegas Sphere fundraise

The price of the viral Solana-based memecoin Dogwifhat (WIF) has surged another 25% to reach a new all-time high of $3 as fans of the memecoin raised over $700,000 to advertise the token’s...

6 months ago

Bitcoin ETFs shattered records with a 14,261 bitcoin purchase on March 12, as a former Swiss Bank Director shed light on the changing Bitcoin ETF investment scene.

Ex-Swiss bank director discusses the future of Bitcoin ETFs after record-breaking trading day

On March 12, net spot Bitcoin ETF inflows surpassed $1 billion, with Blackrock’s IBIT product reaching a record $849 million inflow and exceeding 200,000 BTC in assets under...

6 months ago