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The security firm said it was transferring the digital assets obtained in the exploit of Kraken back to the exchange, but many crypto users questioned its motives.

CertiK identified Kraken exploit, claims exchange ‘threatened’ its team

Blockchain security firm CertiK has gone public, identifying itself as the “security researcher” that cryptocurrency exchange Kraken claimed stole $3 million worth of digital assets....

2 months ago

Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.

Ripple Labs closes Standard Custody acquisition deal

Ripple Labs closed its acquisition of Standard Custody, a digital asset custodian, on June 11. The deal, first announced earlier this year, is central to Ripple’s planned rollout of a Unit...

3 months ago

The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.

‘Lost’ Yuga Labs restructures again, with layoffs, new executive

Yuga Labs CEO Greg Solano had a “tough day,” he informed company employees in a message that he then shared with the world on X. Some of those employees had an even worse day after a...

4 months ago

Bitcoin funds led outflows among crypto investments over the past week, with $192 million exiting the market ahead of the halving event.

Crypto investment products see outflows for second consecutive week — CoinShares

Investments in digital asset funds have declined for the second consecutive week, with $206 million in withdrawals between April 15-19, according to data from digital asset investment firm CoinS...

4 months ago

A recent estimate reveals that more than a dozen memecoin pre-sales on Solana have been abandoned soon after raising funds.

Memecoin developers rugpulled over $26m in pre-sales on Solana amid March’s craze

More than a dozen of the memecoin pre-sales on Solana, which collectively generated over $26 million over the past month, have been abandoned, suggesting a potentially larger scal...

4 months ago

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. Th...

5 months ago

The newly discovered Telegram vulnerability can be avoided by disabling the automatic downloading of media files on Telegram Desktop.

‘High-risk’ Telegram vulnerability exposes users to attacks — CertiK

Update April 9, 2:40 pm UTC: Telegram denied the existence of RCE vulnerability for Telegram clients, while some security experts claimed it's been a known issue. A major ...

5 months ago

Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth.

Shiba Inu Rings Greed Alarm as Bitcoin Eyes Record High

Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth. One analyst said that the supply-demand imbalance for bitcoin ha...

6 months ago

The Hong Kong Securities and Futures Commission issued a warning against Floki on Friday, marking its high-yield staking products as “suspicious” and unauthorized.

Memecoin Floki blocks Hong Kong users from staking programs amid regulatory warnings

The Floki Inu cryptocurrency team has ceased Floki and TokenFi staking programs in Hong Kong after the local regulator listed them as “suspicious investment products,” according to i...

7 months ago

This past week saw a diverse set of tokens participating in an upswing, and the meme coin Pepe (PEPE) was the star of the show.

BTC ETF speculation sparks meme coin market surge

In the wake of the recent crypto market turbulence, spurred by speculation about Bitcoin spot ETF acceptance, PEPE has made waves with its announcement of burning more than $5.5 millio...

10 months ago