Key Takeaways: A recent incident involving the loss of $68 million worth of Wrapped Bitcoin (WBTC) has underscored the dangers of address poisoning scams in the cryptocurrency world. The theft, discovered by security firm Cyvers on May 3rd, targeted a…
Key takeaways: Terraform Labs, a prominent player in the cryptocurrency space, is contesting the United States Securities and Exchange Commission’s (SEC) proposed remedies following a federal jury’s verdict finding them liable for defrauding crypto investors. The SEC is seeking a…
Key takeaways: The recent unveiling of the EigenLayer airdrop details has stirred a blend of reactions within the cryptocurrency community, ranging from applause to intense scrutiny. With plans to distribute 45% of its 1.67 billion tokens to the community, EigenLayer’s…
Key takeaways: Changpeng Zhao, the former CEO of Binance, has received a four-month prison sentence for his involvement in violating US money laundering laws at the renowned cryptocurrency exchange. This decision was handed down by United States District Judge Richard…
Key takeaways: The United States Department of Justice (DoJ) has brought charges against prominent crypto figure Roger Ver, also known as Bitcoin Jesus, alleging tax evasion amounting to nearly $50 million. According to the recently unsealed indictment, Ver is accused…
Key takeaways: Cryptocurrency exchange Woo X has made waves in the sector by unveiling a revolutionary product that enables retail customers to invest in tokenized U.S. Treasury bills, marking a significant milestone in the industry’s evolution. Developed in collaboration with…
Key takeaways: Amidst allegations of investor scam, the decentralized gambling network ZKasino finds itself embroiled in controversy, with crypto venture capital firm Big Brain Holdings disavowing any investment in the project. The fallout comes after ZKasino’s announcement of a $26…
Key Takeaways: In a decisive move to position itself as a global crypto hub, the British government is gearing up to introduce comprehensive regulations for stablecoins and other crypto services by mid-year. Economic Secretary Bim Afolami announced at the Innovate…
Norway is pioneering a comprehensive framework for regulating data center operations, setting a precedent in Europe. This initiative mandates the registration of individuals and organizations involved in data center governance and online server provision, aiming to gather crucial operational details…
Key takeaways: A highly anticipated trial commenced in a New York federal court , focusing on Avraham Eisenberg‘s alleged involvement in a $116 million exploit of Solana-based DeFi exchange Mango Markets. Originally scheduled for December 4, 2023, the trial was…
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