Three individuals face charges for orchestrating a massive SIM-swapping scam from FTX, Bloomberg reported on Thursday. This siphoned more than $400 million from the cryptocurrency exchange in the run-up to the FTX bankruptcy. Shortly after FTX’s bankruptcy filing in November 2022 and Sam Bankman-Fried’s resignation, hackers reportedly drained funds from the platform. Only to be funneled […]

The much-awaited Hong Kong spot Bitcoin & Ethereum ETFs finally commenced their journey on Tuesday, April 30, marking a monumental achievement following the U.S.’ commencement of BTC ETF trading. However, the crypto-backed exchange-traded funds kicked off to a dull start in Hong Kong, recording only $12 million in trading volume on the first day.  This […]

Jupiter Exchange’s native token, JUP, recently echoed a sense of frenzy across the global crypto landscape on Friday as the token aided three traders in nabbing colossal profits within the broader crypto market. According to the data unveiled by Look On Chain, these traders were airdrop hunters who recently made over $1 million in the […]

Binance founder CZ,  or Changpeng “CZ” Zhao took to Twitter to express his thanks to his supporters. This came after earlier in the day CZ was handed a 4-month prison sentence by Judge Richard Jones in a massive leniency show. CZ also shared his plans for a life after prison term, stating that he will […]

Ripple co-founder Chris Larsen confirmed a significant security breach involving his wallets. Initially rumored to target Ripple directly, the hack led to the loss of $112.5 million worth of XRP tokens. This incident has spotlighted the ongoing concerns regarding digital asset security and the measures in place to safeguard against such exploits. Ripple XRP Hack: […]

Tron DAO founder and CEO Justin Sun endorsed Dogecoin (DOGE), Shiba Inu (SHIB), Floki (FLOKI) and other meme coins in the latest Token 2049 conference. Sun believes that meme coins are the “first thing” that set the crypto industry apart from traditional finance. In addition, he encouraged development of such meme coin projects. Tron CEO […]

Big tech titans have already started warming up to the crypto market with well-regulated products like Bitcoin ETFs seeing strong inflows over the last 20 days. With the Bitcoin ETF ads going live earlier this week on Google Search and YouTube, other players like Meta are likely to join the bandwagon soon. Introducing Bitcoin ETF […]

Tether Holdings Limited, the issuer of USDT stablecoin, has unveiled the attestation report for the first quarter of FY24. The latest attestation, as of March 31, 2024, goes beyond the reserves backing Tether Fiat-denominated stablecoins. Moreover, it provides a comprehensive overview of the entire Tether Group’s financial prowess. Tether Reports Gigantic Net Profit In a […]

Layer-1 interoperability platform ZetaChain made a stellar debut in the crypto market with the native token ZETA skyrocketing by over 150% on the first day. However, after hitting a high of $1.81 on Friday, the ZETA price has come under a bit of consolidation. ZetaChain Records $1.81 Million in Liquidations In the latest liquidation data […]

Ladan Stewart, formerly a lead crypto enforcer at the U.S. Securities and Exchange Commission (SEC), has recently provided clarity on the position of the agency towards cryptocurrencies, stating that there is no anti-crypto agenda. Stewart, who worked for the SEC’s Division of Enforcement for more than eight years, shared her experiences and understanding of the […]