Decentralized finance (DeFi) platform Loopscale has agreed with the hackers responsible for its recent $5.8 million exploit. The hackers have decided to return most of the stolen funds in exchange for a 10% bounty, marking a rare instance of an amicable resolution in the crypto security landscape. On April 26, ...
World Liberty Financial (WLFI) founders Zach Witkoff, Zak Folkman, and Chase Herro held a high-profile meeting with Changpeng Zhao (CZ), co-founder and CEO of Binance, in Abu Dhabi. The discussion focused on strategies to accelerate global cryptocurrency adoption and set new industry standards for decentralized finance (DeFi) innovation. The meeting ...
Bitget has launched legal proceedings following allegations of a $20 million market manipulation scheme targeting gaming tokens. The exchange reported "abnormal trading activities" involving several gaming tokens. The exchange claims these activities resulted in approximately $20 million in losses. Bitget has not disclosed the identities of those involved but stated ...
Nike, the world’s largest sportswear company, faces a $5 million proposed class-action lawsuit in the Eastern District of New York. The suit accuses Nike of abandoning investors in its RTFKT sneaker-themed NFT project and alleges violations of U.S. securities and consumer protection laws. The plaintiffs claim Nike used its global ...
Coinbase analysts are taking a cautious stance on the short-term crypto market, indicating that a bottom may not be reached until late in the second quarter. A report with Glassnode highlights that while long-term Bitcoin holders are still accumulating, they anticipate additional market weakness before a significant recovery occurs. According ...
With Bitcoin surging past the $93,000 mark and the total crypto market cap climbing above $2.8 trillion, Savvy Mining is positioning itself as a go-to platform for investors seeking daily earnings without the technical burden of traditional mining. Today, the company announced the expansion of its smart mining services, which ...
Russia’s Ministry of Finance and the Central Bank have announced plans to launch a crypto exchange exclusively for “super-qualified investors” under an experimental legal framework. This initiative aims to legalize and regulate crypto operations, moving them out of the shadows. Still, it will not operate domestically; instead, it will function ...
Toobit has launched a new feature to make cryptocurrency gifting easier and more accessible. The Toobit Gifts Mini App, integrated within Telegram, allows users to send and receive crypto directly within the messaging app, eliminating the need for wallet addresses, according to the announcement. This feature, now available to members ...
Sopra Steria has unveiled a new, tailored offering to help banks seamlessly integrate crypto-asset services into their portfolios. Sopra Crypto Solutions aims to accelerate banks' entry into the crypto market by providing a comprehensive, white-label platform built on strategic collaborations with Fireblocks, Chainalysis, and Wyden. These partnerships ensure robust security, ...
The Los Angeles Police Department (LAPD) recently announced the recovery of Bitcoin mining equipment valued at approximately $2.7 million. The machines were stolen during a high-profile heist at Los Angeles International Airport (LAX) and were about to be shipped to Hong Kong when law enforcement intervened. Detectives from the LAPD’s ...
