Circle Internet Financial, the company behind USD Coin (USDC), announced the introduction of Euro Coin (EUROC) on June 16. Euro Coin is a stable coin tied to the euro that will be available to the general public starting June...
According to FBI special agent Sean Ragan, LinkedIn scammers attempting to convince people to invest in cryptocurrency seriously threaten user security. Ragan stated in a CNBC interview that he believes LinkedIn has an issue with investment fraud. This type...
On-chain data shows that Inverse Finance, an Ethereum-based DeFi protocol, was hacked for more than $1.2 million in cryptocurrencies on June 16th. The exploiters committed the atrocity by using a flash loan attack to fool the protocol and steal...
In yet another indication of the growing unrest in the crypto community, Babel Finance, the second major digital-asset lender this week to halt withdrawals, informed clients that it was experiencing exceptional liquidity difficulties due to recent market falls. The...
El Salvador's President, Nayib Bukele, has long supported Bitcoin, having legalized it, created a wallet, and purchased hundreds of BTC. He has recently remarked about how BTC investments are safe, stating that he expects the value of the leading...
The Forbes-ranked world's richest man and CEO of Tesla Inc. and SpaceX, Elon Musk, has been slammed with a class-action suit on Thursday for his role in the popular memecoin, Dogecoin. Dogecoin was created in 2013 by Billy Markus...
According to a press statement, gaming investment firm Animoca Brands has purchased more than 80% of TinyTap for $38.88 million in cash and shares. TinyTap is an educational content technology startup that allows educators to produce and share information—a...
Coinbase Global, or COIN, is laying off around 18% of the workforce, which amounts to about 1100 employees, as part of a cost-cutting strategy, according to a filing on June 14. Coinbase first stated in May that it was...
Bill Gates, a co-founder of Microsoft and one of the world's wealthiest men, has consistently expressed his disdain for crypto and NFTs. He recently reiterated his stance, claiming that Non-Fungible Tokens were worthless because they had no use cases...
In the face of market volatility and uncertainty, the popularity of cryptocurrencies has soared to unprecedented levels in recent times, capturing the attention of individuals, businesses, and governments. As a result of the effect of their widespread adoption, the...
