Alert! $600,000 Stolen in Truth Terminal Crypto Scam
TL;DRa Hacker exploited Truth Terminal founder Andy Ayrey’s X account to promote a fraudulent token. The token reached a market cap of over $25 million...
Government Crypto Wallet Hacked: $20 Million Stolen
TL;DR A hacker compromised an address linked to the US government and stole $20 million in cryptocurrency. The stolen assets include USDC, USDT, aUSDC and...
TeraWulf Inc. Announces $350 Million Convertible Notes Offering
TL;DR $350 Million Convertible Notes Offering: TeraWulf Inc. is proposing a private offering of $350 million in convertible senior notes due 2030 to enhance financial flexibility...
Vitalik Buterin: Crypto’s ‘Baptisms of Fire’ Will Drive Future Growth
TL;DR Vitalik Buterin highlights the importance of crises in the crypto industry for its growth. The collapse of FTX and other investment funds exposed the...
Venmo Partners with MoonPay to Simplify Crypto Purchases for 60 Million Users
TL;DR Seamless Integration: Venmo’s partnership with MoonPay allows its 60 million users to buy cryptocurrencies directly through their Venmo accounts, simplifying the process without needing...
Ether Faces Seven-Month Decline Amid Intensified Layer-1 Competition
TL;DR The price of Ether has fallen by 36% over the past seven months due to competition between layer 1 (L1) blockchains. Solana stands out...
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
Bitwise Announces Transformation of Crypto Futures ETFs to Dynamic Rotation Strategies
TL;DR Bitwise Asset Management will transform three of its cryptocurrency futures ETFs starting on December 3. 2024, implementing a dynamic rotation strategy. The new “Trendwise”...
Evolution of Blockchain: Shifting from Ideals to Market Reality
TL;DR The original “cypherpunk” values that inspired early smart contract platforms are being displaced by market demand. Blockchain commercialization is prioritizing speed, profitability and regulatory...
BNY Mellon SEC Approval: A Turning Point for Crypto Custody
TL;DR The SEC approved BNY Mellon’s plan to offer cryptocurrency custody services. The bank will be able to custody digital assets beyond Bitcoin and Ethereum....