Day: 14 April 2025

A Chinese court has sentenced nine individuals involved in a telecom fraud ring that defrauded over 66,000 Indian victims, laundering the proceeds through Tether's USDT stablecoin. The operation, which stole 517 million Indian rupees (approximately $6.2 million), was orchestrated through fake investment platforms, according to The Global Times. The scheme ...

Cybersecurity experts have sounded the alarm on a new malware campaign targeting users of popular crypto wallets like Atomic and Exodus, with Ethereum, XRP, and Solana assets in the crosshairs. According to researchers at ReversingLabs, the campaign exploits software supply chains by sneaking malicious code into seemingly harmless npm (Node ...

First Digital Labs has released a fresh attestation report to reaffirm the full backing of its stablecoin, FDUSD, following high-profile fraud allegations levelled by Tron founder Justin Sun. The report made public on April 14 states that the entire circulating supply of FDUSD—amounting to 2.58 billion tokens—is fully backed by ...

A prominent Russian economist has suggested that Moscow’s cryptocurrency adoption may have significantly stabilized the ruble in recent months. This claim was made by Professor Oleg Vyugin from the National Research University Higher School of Economics (HSE), according to a report by Russian news outlet RIA Novosti. Vyugin, who has ...

Major crypto exchanges, including Binance and OKX, have responded to the recent OM price crash, assuring users that they are investigating the situation and will provide updates on their findings. On April 14, a day after the Mantra token’s market cap lost $5.5 billion due to market volatility, Binance addressed ...

Mantra CEO JP Mullin has attributed the dramatic drop in OM’s price to forced liquidations initiated by centralized exchanges. On April 13, the Mantra token (OM) price plummeted over 90%, dropping from approximately $6.30 to below $0.50 in just a few hours.  On April 14, Mullin addressed a sudden wave ...

On-chain data from CryptoQuant suggests that Bitcoin might be approaching a bullish trend reversal. In an April 13 update, CryptoQuant contributor Joao Wedson pointed out the narrowing gap between Bitcoin’s futures price and spot price on Binance, known as the perpetual-spot gap, which reflects the difference between futures contract prices ...