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 dYdX token, which…
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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…
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…
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…
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…
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…
Buterin Slams Michael Saylor’s Bitcoin Custody Proposal as ‘Insane’
TL;DR Vitalik Buterin has strongly criticized Michael Saylor’s recent comments on Bitcoin custody. Saylor suggested that Bitcoin users should trust large banks, such as…
Bitcoin Spot ETF Outflows Begin After 7 Days of Gains, Led by ARKB
TL;DR US spot Bitcoin ETFs saw $79 million in outflows after seven days of net inflows. ARKB was the main driver of outflows, while…
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…
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…