dYdX Lays Off 35% of Its Core Team for Strategic Shift
TL;DR dYdX lays off 35% of its core team amid decline in total value locked (TVL). The move did not affect the price of the...
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OKX and Standard Chartered Set a New Benchmark in Institutional Crypto Custody
TL;DR OKX partners with Standard Chartered as its cryptocurrency custodian for institutional clients. The collaboration seeks to offer greater security and confidence to institutional investors....
Bitcoin Rise in BlackRock Hands as ETH Faces ETF Outflows
TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack of...
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...
Base Surpasses All Chains in Stablecoin Transaction Volume
TL;DR Base, the Ethereum layer-two network developed by Coinbase, has reached a record high for stablecoin transaction volume, surpassing Solana, Ethereum, and Tron. On a...
Coinbase Unveils ‘Based Agent’: Create AI-Powered Crypto Agents in Under 3 Minutes
TL;DR Coinbase launched “Based Agent”, a tool to create AI agents with crypto wallets in less than 3 minutes. The tool was developed with the...
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...
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...
Ethereum Whale Sells 3,000 ETH: Is Another Price Drop Coming?
TL;DR An Ethereum ICO participant sold 3,000 ETH for $7.64 million. This investor’s previous sale in July caused the price of Ethereum to drop by...
ZachXBT Uncovers Chinese Trader Laundering Millions for North Korea’s Lazarus Group
TL;DR ZachXBT accuses Yicong Wang of laundering millions in crypto assets stolen by the Lazarus group. Wang, a Chinese OTC trader, has been helping convert...