Record Weekly Inflows Boost Bitcoin and Ethereum ETFs Amid Improving Market Sentiment
Last week marked a significant rebound in cryptocurrency investment products, driven by improved macroeconomic conditions and renewed institutional interest, as revealed by CoinShares on Monday. The sector witnessed $1.1 billion…
Justin Sun Accuses Trump Family’s World Liberty of Misusing Investors’ Funds
The long-simmering conflict between the crypto company owned by the Trump family and one of its main investors has burst into the public eye, with accusations of corruption and threats…
Kraken Denies Breach Amidst Extortion Attempt, Citing Secure Client Funds
A criminal group has attempted to extort Kraken by threatening to release videos allegedly showing access to the crypto exchange’s internal systems with client data. The Wyoming-based company confirmed on…
Exploit on Ethereum Bridge Results in Artificial Creation of $1.1 Billion in Polkadot Tokens with Limited Cashout
A blockchain token bridge known as Hyperbridge experienced a technical exploit, resulting in the artificial creation of 1 billion Polkadot (DOT) tokens valued at over $1.1 billion. However, only around…
Circle CEO Maintains No USDC Freezes Without Legal Orders Amidst Hack-Related Criticism
In response to increasing criticism regarding Circle Internet Financial’s (CRCL) management of illicit funds, CEO Jeremy Allaire clarified the company’s position on freezing wallets during a press conference in Seoul.…
Bankers Challenge White House on Stablecoin Yield Risks
The stablecoin yield issue continues to be a contentious point in the debate surrounding the Digital Asset Market Clarity Act, aimed at regulating U.S. crypto markets. Bankers have launched another…
Hyperbridge Breach Realizes April Fool’s Joke: Over 1 Billion Fake DOT Tokens Minted on Ethereum
A significant security lapse in Hyperbridge, the decentralized bridge linking Polkadot to Ethereum, resulted in an attacker minting 1 billion unauthorized DOT tokens. However, the hacker’s potential multimillion-dollar gain was…
Foundry Digital Expands into Zcash Mining with Industry-Leading Pool Launch
On Monday, Foundry Digital, the operator behind the globe’s largest Bitcoin mining pool, introduced its Foundry Zcash Pool. The new venture has already attracted several institutional mining customers and has…
Bitcoin Recovers as Weekend Anxiety Eases
Bitcoin’s decline that commenced Saturday night after Vice President J.D. Vance departed Pakistan without achieving an Iran peace agreement has temporarily subsided. The cryptocurrency dropped to a low of $70,500…
Record Ethereum Purchase by BitMine Immersion Technologies Led by Tom Lee
BitMine Immersion Technologies, a publicly traded entity specializing in Ethereum treasury management, executed the largest weekly purchase of ETH since December, acquiring 71,524 ETH valued at approximately $157 million. This…