In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison’s $22 floor price offer a “fatal mistake.” What to know: Binance founder Changpeng Zhao (CZ) says Sam Bankman-Fried asked him for “a couple of billion dollars nonchalantly, as if […]
A high-stakes crypto trader was wiped out on HyperLiquid before immediately piling back into massive leveraged shorts on GMX — echoing past blow-ups from reckless market punters. What to know: A degen gambler who previously deposited hundreds of thousands of dollars to crypto casinos Stake and Roobet was liquidated on […]
Despite calmer prices after October’s brutal leverage wipeout, bitcoin and ether market depth remains structurally thin, creating a more fragile trading environment. What to know: Crypto markets might look calmer after October’s leverage wipeout, but under the surface, liquidity remains absent. Data from CoinDesk Research shows that order-book depth across major centralized […]
The tech giant expands its open-source AI protocol into financial transactions, partnering with Coinbase, the Ethereum Foundation to integrate stablecoin rails. What to know: Google is taking a step toward merging artificial intelligence (AI) and digital money, rolling out a new open-source protocol that lets AI applications send and receive payments, which […]
Israel flagged 187 crypto addresses allegedly linked to the IRGC. Elliptic says the wallets received $1.5B in USDT, though not all may belong to Iran’s Revolutionary Guard. What to know: The National Bureau for Counter Terror Financing of Israel (NBCTF) has published a list of 187 cryptocurrency addresses it says are linked […]
A fraudster posing as a hardware wallet support agent tricked the target into handing over wallet credentials. What to know: Blockchain sleuth ZachXBT uncovered a high-profile social engineering attack on Thursday, with the victim losing 783 BTC worth around $91.4 million. The scam occurred on Aug. 19 and involved the attacker posing as a […]
Qubic says it has achieved hashrate dominance over Monero, sparking concerns over the future of the network’s decentralization. What to know: Monero, the leading privacy-focused cryptocurrency, is facing one of the most serious security challenges in its history. Qubic, a project led by IOTA co-founder Sergey Ivancheglo, says it now controls […]
Telegram will also receive 50% of revenue from xAI subscriptions sold via the app. What to know: Instant messaging app Telegram has signed a deal with Elon Musk’s xAI to integrate the Grok AI service within the app. Telegram founder Pavel Durov, revealed on X, that the two companies agreed to […]
Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money. What to know: CORRECTION (May 9, 11:58 UTC): Corrected headline, first bullet to say Trump-family linked firms profited millions from TRUMP token. Added details in the 11th paragraph about the creators […]