Crypto.com’s $5B Token Mint Raises Insolvency Concerns Amid Community Backlash Crypto.com’s recent decision to mint an additional 70 billion CRO tokens, valued at about $5 billion, has sparked widespread concern and backlash within the cryptocurrency community. This move, reversing a previous token burn, has led to fears that the exchange might be facing insolvency. Crypto.com […]
Read Full Article
AiXBT Falls Victim to Hacker, Loses 55.50 ETH in Security Breach In a shocking turn of events, AiXBT, a leading AI-driven crypto market commentator, fell victim to a cunning hacker, losing 55.50 ETH, valued at approximately $104,000, in a brazen security breach on March 18. The attack, orchestrated by an individual known only as FungusMan, […]
Read Full Article
Russia’s Sberbank Launches Blockchain-powered Cocoa Index Token on Moscow Exchange Sberbank, Russia’s premier financial institution, has launched the Cocoa Index Token on the Moscow Exchange, a digital financial asset (DFA) linked to the global price of cocoa. This move aims to open up the international agricultural market to Russian investors and provide a hedge against […]
Read Full Article
Congressman Nick Begich Champions The Bitcoin Act to Acquire 1 Million BTC Congressman Nick Begich is leading a groundbreaking initiative with The Bitcoin Act, aiming to secure 1 million BTC over the next five years. This legislation seeks to establish Bitcoin as a strategic asset for the United States, garnering significant bipartisan support. Congressman Nick […]
Read Full Article
Coinbase’s Verified Pools: Can They Revolutionize Onchain Trading? Coinbase has launched Verified Pools, a new onchain trading system designed to enhance security, transparency, and freedom for both retail and institutional investors. Utilizing the Uniswapv4 protocol and operating on Coinbase’s Base layer-2 network, this innovative platform aims to set a new standard for onchain liquidity. Coinbase […]
Read Full Article
Coinbase CLO Criticizes U.S. Treasury Over Tornado Cash Ruling Coinbase’s Chief Legal Officer, Paul Grewal, has openly criticized the U.S. Treasury Department for its reluctance to fully comply with a Fifth Circuit court ruling that mandated the removal of Tornado Cash from the sanctions list. The decision highlighted the non-property status of Tornado Cash’s immutable […]
Read Full Article
Crossmint Secures $23.6M to Boost Blockchain and AI Commerce Crossmint, a platform simplifying blockchain integration for businesses, has raised $23.6 million in a funding round led by Ribbit Capital, with investments from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. This signals strong market confidence in blockchain solutions and Crossmint’s approach. Crossmint secures $23.6M funding […]
Read Full Article
aixbt Agent Falls for Scam, Loses 55.50 ETH In a plot twist that sounds ripped from a cyberpunk novel, the AI-driven trading platform, aixbt, was outsmarted by a cunning scammer, losing a hefty sum of 55.50 ETH, valued at around $104K. The incident, confirmed by the platform’s anonymous founder, 0rxbt, underscores the challenges of integrating […]
Read Full Article
Metaplanet Boosts Bitcoin Holdings to 3,200 BTC with 1.879 Billion Yen Purchase Japanese company Metaplanet, Inc. has significantly increased its Bitcoin holdings, now totaling 3,200 BTC after a hefty purchase of 1.879 billion yen. This bold move not only cements Metaplanet’s position as a key player in Japan’s corporate adoption of Bitcoin but also sends […]
Read Full Article
Aave’s $1 Million Token Buyback Plan Set to Launch Amid Expansion The Aave Chan Initiative (ACI) has successfully passed the Aavenomics proposal, aiming to enhance Aave’s tokenomics through a fee switch and a $1 million weekly AAVE token buyback program. Aave continues to expand with Aave V3 now on the Celo blockchain, marking its presence […]
Read Full Article