KiloEX Suffers a $7.5 Million Theft and Suspends Operations
TL;DR KiloEX suffered a $7.5 million theft following an attack that manipulated its price oracle; the Kilo token dropped more than 29% after the incident. Jake Gallen, CEO…
Cryptocurrencies
Stablecoin Volume and OTC Trading Double in the First Quarter of 2025
TL;DR OTC and stablecoin trading volumes doubled year-over-year in Q1 2025, according to data from Finery Markets. Bitcoin, Ethereum, and stablecoins accounted for 95.3%…
Block to Pay $40 Million Fine for Weak Controls in Cash App
TL;DR Block must pay a $40 million fine for deficiencies in its anti-money laundering system and transaction monitoring in Cash App. The company accumulated…
Binance Wallet and PancakeSwap Host an Event for the Launch of Mind Network’s FHE Token
TL;DR Binance Wallet and PancakeSwap organized a limited subscription to Mind Network’s FHE token, with a cap of 3 BNB per user and no…
Fartcoin Jumps 40% in a Day—Is $1 the Next Target?
TL;DR Explosive Day: Fartcoin surged 40% in one day, nearing the crucial $0.80 resistance level and sparking speculation about a potential breakout toward $1.…
Analyst Peter Brandt Detects Key Pattern in Bitcoin
TL;DR After a week of high volatility, renowned trader Peter Brandt has pointed to an unusual but promising behavior in Bitcoin. As he explained…
M^0 Lands on Solana with Customizable Stablecoins
TL;DR M^0 expanded its infrastructure to Solana, allowing the creation of custom stablecoins with shared liquidity access and on-chain minting. KAST will issue its…
EU Markets Regulator Warns of Crypto’s Growing Financial Stability Risks
TL;DR Widening Risk Exposure: ESMA warns that the growing integration of crypto with traditional finance could trigger systemic issues if crypto prices decline sharply.…
Bitcoin (BTC): Whales Accumulate While Small Investors Sell
TL;DR Bitcoin whales ramped up their accumulation in early April, while smaller holders reduced their positions amid uncertainty. Growing institutional interest in BTC is…
WazirX Moves Forward with Its Restructuring Plan After $230 Million Hack
TL;DR More than 93% of creditors supported the restructuring plan proposed by Zettai following the WazirX hack, allowing progress without judicial liquidation. The scheme…
Binance Backs Union of Crypto and Traditional Finance
TL;DR He Yi, Binance’s co-founder, spoke in Hong Kong about the urgent need to integrate the crypto industry with traditional finance to foster growth.…