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Lakshya Baskar

I specialize in Web3 and crypto writing, producing clear, research-driven content on blockchain, cryptocurrencies, and market trends.

Posts by Lakshya Baskar

ZachXBT Exposes $11.5M BitoPro Breach, Exchange Yet to Respond

ZachXBT Exposes $11.5M BitoPro Breach, Exchange Yet to Respond

ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the

June 2, 2025 2 mins read
Binance and CZ Faces New Lawsuit Alleging $400M

CZ Proposes DEX Model to Combat Front-Running in Crypto Exchanges

Changpeng “CZ” Zhao, the co-founder and ex-CEO of Binance, is back stirring the pot — this time pushing for more automated, DEX-style token listings on centralized exchanges. In a recent X post thread, he argued that moving toward a setup like that could kill off front-running and give regular users

June 2, 2025 3 mins read
Elon Musk Drops XChat: Encrypted Messaging Just Got Real

Elon Musk Drops XChat: Encrypted Messaging Just Got Real

Typical Musk move — he’s back at it, this time launching XChat, a reworked messaging system inside X. Unlike a normal DM app, XChat comes loaded with stuff like Bitcoin-style encryption, disappearing messages, media sharing, and smooth syncing across all your devices. He announced it in a post on X,

June 2, 2025 3 mins read

Czech Justice Minister Quits Over $45M Bitcoin Scandal

In a shocking twist out of Prague, Czech Justice Minister Pavel Blažek just handed in his resignation after reports dropped that his ministry took a huge Bitcoin donation roughly around $45 million from a convicted drug dealer. The scandal’s exploding at the worst possible time, with national elections right around

May 31, 2025 3 mins read
BitMEX Disrupts Lazarus Group Hack Attempt, Exposes Hacker Details

BitMEX Disrupts Lazarus Group Hack Attempt, Exposes Hacker Details

BitMEX just caught the Lazarus Group trying to break into their systems. The same hackers behind a bunch of shady phishing scams linked to North Korea. This time, BitMEX’s security team was on it fast and shut things down before it got ugly. But instead of just blocking the attack

May 31, 2025 3 mins read
U.S. Treasury Slams Funnull Tech for Role in $200M Crypto Scam

U.S. Treasury Slams Funnull Tech for Role in $200M Crypto Scam

The U.S. Treasury just hit Funnull Technology Inc.—a Philippines-based tech company—with sanctions for allegedly helping run a massive crypto scam that affected victims out of roughly $200 million. The move comes as U.S. authorities crack down harder on how crypto tools are being used to fuel organized online fraud. How

May 30, 2025 2 mins read
Heinous Crypto Abduction Plot Explodes in NYC, Two NYPD Officers Suspected

Heinous Crypto Abduction Plot Explodes in NYC, Two NYPD Officers Suspected

A small plan to get back some stolen crypto turned into a brutal 17-day stretch of beatings and threats inside a fancy Manhattan townhouse. Now it’s turning into one of the wildest crime stories NYC has seen in a while, dragging in big crypto names, serious violence, and even a

May 30, 2025 3 mins read
RBI Accelerates Digital Rupee Rollout, Targets Global CBDC Partnerships

RBI Accelerates Digital Rupee Rollout, Targets Global CBDC Partnerships

The Reserve Bank of India is picking up the pace on its digital rupee pilot, rolling out new features that could actually make it useful for everyday life. They’re working on stuff like programmability and offline payments, which could make the Rupee (₹) way more flexible—especially in areas where internet

May 29, 2025 3 mins read
U.S. Court Strikes Down Trump’s ‘Liberation Day’ Tariffs in Major Setback

U.S. Court Strikes Down Trump’s ‘Liberation Day’ Tariffs in Major Setback

On May 28, 2025, the U.S. Court of International Trade tossed out former President Trump’s controversial “Liberation Day” tariffs, saying he went way beyond what the law allows under the International Emergency Economic Powers Act (IEEPA). It’s a major blow to Trump’s trade playbook and a clear reminder that even

May 29, 2025 3 mins read