Everything web3, crypto, defi, degen
In brief President Trump granted a full pardon to Binance founder Changpeng “CZ” Zhao, who served four months for violating U.S. anti-money-laundering laws. Top Democrats, including Maxine Waters and Elizabeth Warren, condemned the move as “pay-to-play corruption” tied to Trump’s crypto ventures. Trump said he pardoned Zhao “at the request of a lot of very…
In brief Medium-sized Bitcoin holders, or “dolphins,” have continued accumulating even after the $19 billion liquidation earlier this month, helping preserve the bull-market structure, CryptoQuant said. The group’s annual holdings growth of 907,000 BTC hints at long-term strength, though a dip below the 30-day moving average points to fading short-term demand. Altcoins are showing renewed…
In brief The investor ignored four separate, escalating scam alerts and demanded the exchange release her funds so she could buy Ethereum. Judge Lindsay LeBlanc said NDAX’s warnings “could not have been clearer.” The ruling arrives as Canada intensifies scrutiny of crypto platforms and compliance failures. A British Columbia court has ruled that a crypto…
In brief Meteora debuted its token on Thursday, airdropping MET to users. The project says it worked to blacklist “malicious bad actors” from receiving tokens. Two wallets tied to the controversial Melania Trump meme coin were airdropped $1.2 million worth of MET, raising concerns among crypto market observers. Three wallets linked to the President Trump’s…
In brief President Trump pardoned Binance founder Changpeng Zhao on Thursday. Digital coins linked with both the president and Zhao rose as a result. Zhao backed the crypto project linked to President Trump, World Liberty Financial, ahead of the pardon. Digital assets related to Binance and President Donald Trump surged on Thursday following news that…
In brief OpenAI launched its ChatGPT Atlas browser Tuesday with an integrated AI assistant and memory features. Experts demonstrated prompt injection attacks capable of affecting the agent’s behavior. OpenAI Chief Security Officer Dane Stuckey admitted the threat “remains an unsolved problem” OpenAI’s new ChatGPT Atlas browser, launched Tuesday, is facing backlash from experts who warn…
In brief An Ethereum wallet belonging to an alleged Trump insider closed a massive Bitcoin short position Wednesday, netting $6.4 million in profits. The wallet previously earned close to $200 million earlier this month by shorting ETH and BTC ahead of the record-breaking crypto liquidations. The latest trade brings the wallet’s lifetime earnings to nearly…
In brief Investment bank Benchmark on Thursday raised the price target for Nasdaq-listed Bitcoin mining machine manufacturer Canaan. The company’s stock is up this week. Benchmark analyst Mark Palmer says the firm’s stock now is a good buy. Investment bank Benchmark raised Bitcoin mining hardware manufacturer Canaan’s price target to $4, citing the firm’s recent…
In brief Canada’s FINTRAC imposed a record C$176.9 million penalty on Cryptomus. Investigators found 2,593 AML breaches, including 7,557 unreported Iran-linked transfers. The firm operated without Canadian staff, with communications traced to Uzbekistan and Spain. Canada’s financial intelligence agency has imposed a record $126 million (Canadian $176.9 million) fine on cryptocurrency platform Cryptomus for several…
Every bull market attracts a new wave of scammers, and their attempts at fraud take many forms. We cover 11 different scams and how to identify them in our Support Center. Lately, scammers have found a new angle: impersonating Kraken recruiters and support staff. Their goal? To steal your trust first and your assets second.…
