FDUSD Recovers and Strengthens Crypto Confidence
TL;DR FDUSD dropped to $0.87 after false rumors about its issuer, First Digital Trust, being insolvent, but quickly recovered its peg. Wintermute purchased over $31 million in FDUSD…
Cryptocurrencies
Coinbase Faces Its Worst Quarter Since the FTX Collapse
TL;DR Coinbase shares have fallen more than 30% in the first quarter of 2025, marking its worst performance since the FTX collapse at the…
Crocodilus: The Malware Threatening Crypto Wallets on Android
TL;DR Crocodilus is an Android malware that steals crypto wallet credentials through social engineering and advanced techniques. It uses a customized dropper to bypass…
Metaplanet Issues Bonds to Buy More Bitcoin
TL;DR Metaplanet issued ¥2 billion ($13.3 million) in zero-interest bonds to buy more Bitcoin, taking advantage of a recent dip in BTC’s price. The…
Crypto Whale Goes All-In on PEPE
TL;DR A whale investor placed a $27 million leveraged bet on PEPE with 10x leverage, now teetering on the edge of liquidation after a…
Galaxy Digital Reaches $200 Million Settlement for Terra-Luna Collapse
TL;DR Galaxy Digital reached a settlement with the New York Attorney General’s office, paying $200 million for its involvement in the Terra-Luna ecosystem collapse…
Dolomite Expands Its DeFi Platform to Bitcoin Through Spiderchain
TL;DR Dolomite expands its DeFi platform to Bitcoin through Spiderchain, a Layer 2 solution that enhances the blockchain’s scalability. Spiderchain integrates the Ethereum Virtual…
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…
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…
BitBoy Arrested in Florida Over Emails to a Judge
TL;DR Ben Armstrong, known as BitBoy, was arrested in Florida for sending emails to a judge while representing himself in court. Armstrong had already…