Day: 11 July 2025

Bybit, Tether, and Investigators Freeze Millions in Response to Major Brazil Cyberattack

A recent cyberattack targeting reserve accounts via C&M Software has rocked Brazil’s financial sector, triggering swift and coordinated action from the global crypto industry. The breach, which affected multiple financial institutions, is being treated as a highly organized and sophisticated intrusion. In response, crypto exchange Bybit confirmed its active involvement ...

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Florida Attorney General Investigates Robinhood’s Crypto Trading Promotions Amid Regulatory Scrutiny

Robinhood Markets Inc. is under investigation by the Florida Attorney General’s office over its cryptocurrency trading promotions, raising fresh regulatory concerns about the popular retail trading platform’s marketing practices. The probe focuses on whether Robinhood’s incentives and promotional campaigns for crypto trading misled consumers or violated state laws. Robinhood’s crypto ...

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Pump.fun Acquires Kolscan to Boost Social Trading Ahead of $4B ICO

Pump.fun, has made its first acquisition by purchasing Kolscan, a Solana-based wallet tracker that monitors top onchain traders, providing real-time transaction data, profit-and-loss analytics, and a leaderboard ranking trader performance. The acquisition was announced on July 10, just days before Pump.fun’s highly anticipated initial coin offering (ICO) scheduled for July ...

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