Ripple Strengthens Legal Defense with Form C Filing in Ongoing SEC Battle
TL;DR Ripple has filed Form C to appeal a portion of the 2023 court ruling. The SEC is not challenging whether XRP is considered a security in itself.…
blockchain
Scroll (SCR) Experiences an 18.4% Drop After Its Launch
TL;DR Scroll has launched its governance token, SCR, initially at $1.40, but it fell to $1.14, marking a decrease of 18.4% and a market…
Jito Surpasses USDC and Ethereum in 24-Hour Fees, Boosting Solana’s Onchain Activity
TL;DR Jito Surpasses USDC and Ethereum in Fees: Jito collected $4.16 million in fees within 24 hours, becoming the second-highest fee-collecting protocol globally, just…
Metaplanet Secures $67 Million to Expand Bitcoin Holdings
TL;DR Metaplanet raised 10 billion yen through a stock sale. The company continues to expand its Bitcoin reserves, accumulating more than 850 BTC since…
Misspelling ‘Soneium’ Could Drain Your Crypto, Warns Scam Sniffer
TL;DR A sponsored link on Google, when searching for “Soneium,” can lead to a malicious site that drains crypto wallets. Scam Sniffer reports that…
Ethereum Approaches $3,000 with New High and Growing Investor Interest
TL;DR Ethereum (ETH) reached a new high of $2,735 before dropping to $2,665, reflecting a 1.25% increase in the last 24 hours. Open interest…
Bitcoin Holders Reach All-Time High as Institutional Adoption Soars
TL;DR Bitcoin investors are increasingly willing to hold their assets, according to data from Glassnode. Bitcoin reserves on centralized exchanges have decreased significantly since…
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…
Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him…
Magnetic X Defends Against DDoS Attack on XRP Ledger
TL;DR Magnetic X successfully repelled a DDoS attack. The platform has strengthened its security without giving in to the attackers’ demands. The exchange remains…
Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss
TL;DR Radiant Capital suffered an attack resulting in the loss of over $50 million due to flaws in its multisig configuration. The vulnerability allowed…