Thu, July 17

Scammer Uses Sam Bankman-Fried X Reappearance to Launch Fake Memecoin

The crypto market has decided to slump further down as the week progresses. This is combined with the news of South Dakota’s Bitcoin Reserve bill making it a bearish day for the sector. Meanwhile, the memecoin industry has also joined in to show its own activity, coinciding with Sam Bankman-Fried’s

February 25, 2025 2 mins read

U.S. Authorities Recover $31M from Uranium Finance Crypto Heist

The U.S. government confiscated about $31 million in cryptocurrency connected to the 2021 hack of Uranium Finance. This was a coordinated effort by the Southern District of New York (SDNY) and the San Diego Homeland Security Investigations (HSI). Uranium Finance, a decentralized exchange on the model of Uniswap but deployed

February 25, 2025 2 mins read

DFSA Approves Circle’s USDC and EURC, Boosting Stablecoin Adoption in DIFC

The USDC and EURC from Circle have received recognition by the Dubai Financial Services Authority (DFSA), following their approval in the EU and Canada. The green light means that businesses in the DIFC will start using the stablecoins on a large scale. A press release states that Circle, the issuer

February 24, 2025 2 mins read

Canary Capital Files 19b-4 for HBAR ETF Amid Institutional Interest

Canary Capital has submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) for a Hedera (HBAR) exchange-traded fund (ETF). The filing follows an amended S-1 submission last week, signaling progress in regulatory discussions. If approved, the ETF would allow Nasdaq to list and trade HBAR shares, providing

February 24, 2025 2 mins read

Infini Neobank Suffers $49.5M Hack Due to Insider Exploit

Crypto-focused neobank Infini has suffered a $49.5 million exploit, with the attacker swapping stolen funds for Ethereum before moving them to a separate wallet. The breach follows a string of major crypto security incidents, including Bybit’s $1.4 billion hack. How the Attack Unfolded CertiK first detected the suspicious activity on

February 24, 2025 2 mins read

Global Crypto Funds Witness $508M Weekly Outflows, Says CoinShares

Bitcoin retraced back to its $95K range today. The overall crypto market cap fell to $3.14 trillion with more than 1% decrease today. Even the top altcoins such as Ether, Solana, XRP, BNB, Cardano, and Dogecoin are also bleeding amidst dull market performance. Global crypto funds witnessing significant weekly outflows,

February 24, 2025 2 mins read

Kanye West’s X Account Sold? Barkmeta Link Sparks Meme Coin Rug Pull Fears

Speculation is mounting over whether Kanye West, now known as Ye, has sold his X (formerly Twitter) account to Barkmeta for $17 million. However, Ye has publicly denied these claims, stating, “This is fake, I don’t know this person.” The controversy arises amidst discussions of a potential meme coin launch,

February 24, 2025 2 mins read

OX.FUN Denies Bankruptcy Rumors, Blames JefeDAO for Market Manipulation

In response to reports that the crypto derivatives exchange OX.FUN backed by Three Arrows Capital co-founder Su Zhu is bankrupt and has approximately $1 million USDC frozen, the company has issued a statement. The exchange has now spoken out, decrying the first reports of a major flight of capital as

February 24, 2025 2 mins read

Pump.fun Reportedly Testing In-House AMM That Could Replace Raydium

Pump.fun, a Solana-based memecoin launchpad, is reportedly testing a new in-house automated market maker (AMM), which could potentially replace Raydium as the primary decentralized exchange for tokens launched on its platform. This development was initially reported by Aggr News on X (formerly Twitter), reporting that this innovation might challenge Raydium’s

February 24, 2025 2 mins read
Little Pepe