Gemini Targeted in a Phishing Scam
TL;DR Scammers have sent fake bankruptcy notices to Gemini users, attempting to trick them into transferring their assets to a fraudulent wallet. Gemini denied the rumors and warned…
blockchain
Hyperliquid in Controversy After JELLY Manipulation and Million-Dollar Exploit
TL;DR A user manipulated JELLY on Hyperliquid and made over $6 million by exploiting the platform’s liquidation system. Although Hyperliquid removed JELLY, the attacker…
The Future of Content: Tether Invests €10M in Be Water to Transform Digital Media
TL;DR Bold Media Expansion: Tether invests €10M in Italian firm Be Water, acquiring a 30.4% stake to diversify beyond crypto. Tech-Powered Transformation: The partnership…
Bitso Launches Its Subsidiary Juno and Debuts in the Stablecoin Market with MXNB
TL;DR Bitso has launched its subsidiary Juno to enter the stablecoin market, with the goal of issuing and managing digital assets. Juno will issue…
Fidelity Files for a Solana ETF and Pressures the Competition
TL;DR Fidelity files for a Solana (SOL) ETF through the Cboe BZX Exchange, aiming to facilitate institutional investment in cryptocurrencies. With over $5.9 trillion…
Custodia Bank and Vantage Bank Launch Avit, the First Bank-Issued Stablecoin on a Permissionless Blockchain
TL;DR Custodia Bank and Vantage Bank launched Avit, the first bank-issued stablecoin registered on a permissionless blockchain. Avit is backed by real dollar reserves…
DWF Labs Launches $250 Million Fund to Drive Blockchain Adoption
TL;DR DWF Labs launches a $250 million fund to drive the adoption of blockchain and Web3 in mid and large-cap projects, with investments ranging…
Ripple to Prioritize Strategic Acquisitions and Expansion in the Stablecoin Market
TL;DR Ripple will prioritize strategic acquisitions over pursuing an initial public offering (IPO) following its legal victory against the SEC. The company aims to…
Bitcoin Could Thrive in a U.S. Recession, According to BlackRock
TL;DR Robbie Mitchnick from BlackRock suggested that a recession in the U.S. could be a positive catalyst for Bitcoin due to factors like increased…
Coinbase Emerges as Ethereum’s Largest Node Operator with 11% Stake
TL;DR Largest Individual Operator: Coinbase now leads as Ethereum’s biggest single-node operator, controlling 11.42% of staked ETH (3.84 million ETH, approximately $6.8B in value).…
Ripple Achieves Historic Victory: The SEC Drops Its Lawsuit
TL;DR The SEC drops its lawsuit against Ripple, ending a four-year-long legal battle and setting an important legal precedent regarding the classification of XRP.…