Sun, March 9

Vitalik Buterin Slams Micheal Saylor on His Bitcoin Custody Views

The crypto community has witnessed some intriguing debates over the past day igniting the discussion panels. Recently hacked WazirX founder Nischal Shetty retorted to CoinSwitch CEO’s allegations on fund movements sparking much debate among degens. However, Michael Saylor caught the spotlight by suggesting handing Bitcoin custody to ‘big banks’.  MicroStrategy

October 23, 2024 2 mins read

Ex-CEO of Mine Digital Charged with Fraud for Alleged $1.5M Theft

Grant Colthup, the former CEO of Mine Digital, faces serious fraud charges for allegedly stealing $1.5 million from a customer. This transaction occurred just two months before the firm collapsed in September 2022. The Australian Securities and Investments Commission (ASIC) announced the charges on October 21, detailing a transaction that

October 22, 2024 2 mins read

Sky May Rebrand Back to Maker Amid Community Pushback

The decentralized finance (DeFi) platform formerly MakerDAO, now branded as Sky, is planning a return to its original name following community pushback over the rebranding. The co-founder of Sky, Rune Christensen has commenced a proposal to readdress the rebranding decision.  Since the rebrand in August 2024 as part of the

October 22, 2024 2 mins read

What Does Pump.fun Tease About Its Upcoming Token Airdrop?

Pump.fun, a Solana-based memecoin launch platform, has reignited excitement by teasing the release of a new token and a potential airdrop. In an official post on its X account (formerly Twitter), Pump.fun hinted at the airdrop, stating, “The top isn’t in until this drops.” This suggests that the platform believes

October 22, 2024 2 mins read

Minneapolis Fed Calls for Bitcoin Ban to Control Deficits

The Federal Reserve Bank of Minneapolis has recently proposed that governments should ban or tax Bitcoin. This recommendation aims to help maintain permanent budget deficits. In a working paper published on October 17, the Minneapolis Fed highlighted that Bitcoin complicates fiscal policy. Specifically, the Fed argues that Bitcoin creates a

October 21, 2024 2 mins read

Elon Musk Did Mention XRP But Did Not Endorse

Elon Musk has made headlines in the crypto industry by mentioning particular crypto assets. Recently, he has mentioned XRP, making an impact across the market. Notably, Musk has been actively campaigning for Donald Trump in recent weeks and discussed various topics such as the economy, politics, and cryptocurrency.  Musk mentioned

October 21, 2024 1 min read

EigenLayer X Account Hacked, Investors Warned Amid Phishing Scare

After news broke that the EigenLayer project’s social media account had been hacked, the initiative once again attracted the interest of the community. Investors are being warned not to click on links posted by the official X account of the project. Which has been found to publish phishing schemes.  Nevertheless,

October 18, 2024 2 mins read

Crypto Wealth of Donald Trump Jumps 364% Due to Memecoins

The cryptocurrency portfolio of the 2024 U.S. presidential election candidate, Donald Trump has witnessed a substantial increase in value of $6.1 million since the beginning of 2024. According to an Arkham Intelligence report, over 65% of Donald Trump’s current crypto assets consist of meme coins. Among them, the largest position

October 18, 2024 2 mins read

Do Kwon’s Extradition From Montenegro to Be Finalized by Week’s End

The legal saga of Do Kwon, the co-founder of Terraform Labs, is nearing a major turning point. Montenegro’s Justice Minister, Bojan Božović, has confirmed that a decision regarding Kwon’s extradition is expected by the end of this week, Oct 19.  Do Kwon has been held in Montenegro custody since March

October 18, 2024 2 mins read

Radiant Capital Cyber Attack Leads to $50M Loss from Trojan Exploit

Radiant Capital, a cross-chain lending protocol backed by Binance Labs, fell victim to a serious cyber attack. It resulted in losses exceeding $50 million in cryptocurrency On October 16, 2024. This incident underscores the significant vulnerabilities within decentralized finance (DeFi) platforms. Attackers gained control of the private keys belonging to

October 18, 2024 2 mins read