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Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago: ZachXBT

Rain experienced a potential exploit, resulting in the transfer of approximately $14.1 million worth of cryptocurrencies to a new wallet.

, by Hassan Shittu

Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software

Senators Cynthia Lummis and Ron Wyden want the DOJ to reverse course on its new legal interpretation that threatens Bitcoin privacy tools.

, by Andrew Throuvalas

Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit

Bitfarms CEO Geoffrey Morphy has been fired from the Bitcoin mining company. Here's what you need to know.

, by Julia Smith

Report Reveals Chinese Workers Converting Earned CBDC To Cash

Chinese workers reportedly convert digital yuan to cash due to a lack of utility. Will adoption hit more hurdles?

Uniswap Founder Wants A Reversal To Biden’s Position On Crypto: Here’s Why

Uniswap founder hints that President Biden’s stringent approach to crypto may hurt his chances of securing a new tenure.

Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows

As analysts predicted, less efficient Bitcoin miners are powering off under tighter post-halving profit margins.

, by Andrew Throuvalas

MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections

Stand With Crypto has received a $1 million donation from MoonPay ahead of the 2024 elections. Here's why it matters.

, by Julia Smith

El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves

El Salvador, renowned for its move to adopt Bitcoin as legal tender, has now introduced an online platform for tracking its Bitcoin Treasury.

, by Hassan Shittu

Custody Provider Liminal Receives Approval in Abu Dhabi as it Expands to Middle East

Liminal, a Singapore-based custody provider, has achieved a milestone in its global expansion journey with regulatory approval in Abu Dhabi.

, by Hassan Shittu

Financial Advisors Reluctant to Discuss Crypto with Clients Due to Legal Concerns, Survey Finds

A mere 1% of financial advisers frequently engage in discussions about cryptocurrency with their clients due to legal concerns.

, by Ruholamin Haqshanas

South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds

South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills. Per Hanguk Kyunjae, Bithumb said on May 10 that it would foot the bill for customers who have been ordered to pay taxes on the giveaways. However, the...

Franklin Templeton CEO Bullish on Blockchain Technology and Asset Tokenization Trend

Franklin Templeton CEO Jenny Johnson, who oversees the $1.6 trillion asset management firm, said she remains a huge fan of blockchain technology and sees exchange-traded funds (ETFs) and mutual funds being on the blockchain during an interview with Bloomberg anchor David Westin. Johnson, a...

, by Tanzeel Akhtar

Philippines Central Bank Approves Trials for National Stablecoin Tied to Local Peso

The Philippines central bank has given the green light for controlled trials of a national stablecoin that will be pegged to the local peso.

, by Ruholamin Haqshanas

Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT

Tether CEO Paolo Ardoino fired back at Ripple after the company’s CEO alleged the US government is going after USDT. Ardoino didn't directly mention Ripple or its CEO Brad Garlinghouse. But his comments likely refer to Garlinghouse's earlier statement expressing concern that scrutiny into...

, by Shalini Nagarajan

Over One Million Pudgy Penguin Toys Sold in the Past Year

The Pudgy Penguins NFT project has achieved a new milestone, with more than one million Pudgy Penguin toys sold over the past 12 months.

, by Ruholamin Haqshanas

Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden

Japanese investment and consulting services company Metaplanet has adopted Bitcoin (BTC) as its strategic treasury reserve asset. The move comes at a time when Japan is facing high debt burden and a volatile national currency – yen. Metaplanet said in a press release on Monday that the company’s...

, by Sujha Sundararajan

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