Tether announces restructuring to go beyond stablecoins

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether announces restructuring to go beyond stablecoins

Tether — the operator of the eponymous Tether  stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond st...

5 months ago

Scammers target Google Ads, promote fake version of OTC crypto platform

Google Ads again appears to be promoting a faked version of a crypto website that directs users to a phishing website clone that drains users’ crypto.

Scammers target Google Ads, promote fake version of OTC crypto platform

Google seems to be once again promoting malware crypto websites through Google Ads, an online advertising platform that allows businesses to display ads on Google’s search engine resu...

5 months ago

Avraham Eisenberg convicted in $110m Mango Markets exploit

Avraham ‘Avi’ Eisenberg, a figure in the digital finance sector, was found guilty in relation to a major security breach at Mango Markets, where over $110 million was compromised.

Avraham Eisenberg convicted in $110m Mango Markets exploit

In December 2022, Eisenberg was arrested in Puerto Rico, facing charges of commodities fraud, market manipulation, and wire fraud linked to the Mango Markets exploit. The incident occurred ...

5 months ago

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

Binance’s billion-dollar emergency fund was previously held in three wallets: Bitcoin, Tether, True USD and BNB.

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest crypto exchange, Binance, is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin stablecoin and now holds 3% of its circulating supply.&...

5 months ago

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

Escaped South Korean Criminal ‘Had Help from Others’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

The Ministry of Justice said on April 17 that the suspect was being held at the Seoul Detention Center on fraud charges. The center allowed the suspect to leave in November 2023 to att...

5 months ago

Binance to return to India after paying $2M fine for non-compliance: Report

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance to return to India after paying $2M fine for non-compliance: Report

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a 

5 months ago

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse, a medical technology company, recently announced that its medical telepresence platform would expand its footprint to the Apple Vision Pro.  The company’s ...

5 months ago

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

The project's TVL surpassed $1 billion within one month of its testnet launch.

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

Puffer Finance, a liquid staking project built on Ethereum restaking protocol Eigenlayer, has secured $18 million in a Series A funding round to launch its mainnet. According to the Ap...

5 months ago

Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Crypto detective ZachXBT has identified the alleged PrismaFi hacker, exposing their involvement in the $11.1 million theft and subsequent demands.

Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Blockchain sleuth ZachXBT uncovered an alleged attacker behind the PrismaFi hack, which left the protocol without $11.1 million worth of crypto. In a series of X posts, ZachXBT revealed tha...

5 months ago

Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector

Crypto.com’s VC Arm Scale Back

Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector

Crypto.com CEO Kris Marszalek has raised concerns about the sustainability of the surging valuations in the cryptocurrency sector.  In a recent interview with Bloomberg, Mars...

5 months ago

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