The scammer sent a small “dust” amount to the victim’s transaction history, causing the victim to copy the address and send $50M to the scammer’s address. What to know: A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit. The […]
Executive John Ameriks emphasized Vanguard’s core view of the crypto sector hasn’t changed, seeing the asset class as highly speculative. What to know: Vanguard’s global head of quantitative equity, John Ameriks, said bitcoin still resembles a speculative collectible more than an asset meant to build long-term wealth, comparing it to […]
The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency. What to know: Brazil’s largest privately-owned asset manager, Itáu Asset Management, has recommended investors allocate 1% to 3% of their portfolios to bitcoin. In a year-end note, […]
The funding round sets the stage for a long-awaited IPO, expected to take place next year. What to know: Popular cryptocurrency exchange Kraken closed a $500 million funding round, setting the stage for a long-awaited IPO now expected in 2026, Fortune reported. The round did not feature a lead investor and […]
The episode comes amid growing frustration among Coinbase users, many of whom alleged they’ve faced similar issues retrieving account access. What to know: NBA forward Kevin Durant has access to his bitcoin again, after being locked out of his Coinbase account for nearly a decade. In that time, the price […]
The reorganization was pinned on Qubic, which has acquired over half of Monero’s mining power last month and uses XMR rewards to buy and burn its own token. What to know: Monero’s blockchain experienced an 18-block reorganization on Sunday, its deepest to date, that effectively invalidated 118 confirmed transactions by rolling back […]
The proposal aims to take advantage of surplus energy generated by nuclear power plants, with one MP describing it as a “secure and extremely profitable solution”. What to know: A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power […]
Singapore hits banks with $21.5M in fines over a $2.2 billion money laundering scandal involving cash, property and crypto What to know: Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging […]
The company in June saw a 25% decrease in blocks won mostly due to weather-related curtailments. What to know: MARA Holdings (MARA) now holds 49,940 bitcoin, a trove that puts the public miner near the 50,000 threshold and makes it the second-largest publicly traded bitcoin holder behind Strategy (MSTR). At current prices, the […]
Director Bill Pulte said that the FHFA will examine whether cryptocurrency holdings should help when it comes to U.S. home loans. What to know: The Federal Housing Finance Agency (FHFA) will study whether crypto holdings should count when Americans apply for a mortgage, Director Bill Pulte said on X. The review, will look […]