Everything web3, crypto, defi, degen
In brief CTM360 identified a “ClickTok” campaign using over 10,000 fake domains that mimic TikTok Shop to steal user credentials and distribute malware through phishing pages and trojanized apps. Scammers deploy fake Meta ads and AI-generated TikTok videos mimicking influencers to direct victims to fraudulent storefronts offering heavily discounted products paid for with cryptocurrency. The…
In brief U.S. President Donald Trump’s sweeping tariffs have revived global trade tensions, with potential knock-on effects for crypto markets. Analysts argued that rising costs and macro uncertainty could pressure mining operations and influence rate cuts. Crypto has held steady so far, but deeper disruptions could test market resilience, Decrypt was told. U.S. President Donald…
In brief In a fireside chat, NEAR Protocol founder Illia Polosukhin and Infinex founder Kain Warwick argued that greater levels of interoperability are crucial for fueling crypto adoption. In June Infinex successfully integrated NEAR Intents and Chain Signatures, facilitating swapping and bridging of non-smart contract cryptocurrencies across multiple blockchain networks. Polosukhin said that NEAR Protocol…
In brief Carlos Ramirez, known as Whynne online, said in his first interview in 10 years that he is “constantly” being approached with offerings of token supply for Trollface-related meme coins. The Troll meme coin has skyrocketed more than 1,050% in value over the past two weeks. It is now the 32nd largest meme coin…
In brief Trump Media and Technology Group is working with AI giant Perplexity. The two companies have released an AI-powered search engine for President Trump’s Truth Social platform. Trump Media has a number of crypto-related ventures. Trump Media and Technology Group, which runs Trump’s social media platform, Truth Social, is working with artificial intelligence giant…
In brief Ethereum treasuries have bought up billions in ETH. Standard Chartered analyst Geoffrey Kendrick thinks they may get investors better value for money than ETFs. The price of ETH has rallied as institutions pile into the asset. Buying shares in Ethereum treasuries is a better investment than buying ETH exchange-traded funds, an analyst wrote…
In brief Ripple does not control XRP Ledger, the digital payments company’s CTO David Schwartz said. Censoring transactions would open Ripple up to “pressure” he said. Ripple runs “something like 1%” of XRP Ledger, Schwartz added. XRP Ledger’s codebase does not possess some secret back door that would allow Ripple to single-handedly control the network,…
In brief Users can easily bypass age checks and generate explicit content with minimal input. xAI’s tool violates its policies banning pornographic depictions of real people. Over 34 million images have been created, raising major legal and ethical concerns. An AI video tool from Elon Musk’s xAI is producing nude deepfakes of celebrities—including Taylor Swift—with…
In brief Storm was found guilty of operating an unlicensed money transmitter. The jury could not reach a verdict on money laundering and sanctions evasion charges. Prosecutors have requested that Storm be remanded to prison, noting his connections to Russia. A Manhattan jury found Roman Storm guilty of a conspiracy to operate an unlicensed money…
In brief Meta removed over 6.8 million WhatsApp accounts linked to “pig butchering” cryptocurrency scams operated by organized crime syndicates in Southeast Asia this year. The company is introducing new safety features, including alerts when users are added to groups by unknown contacts, to help identify suspicious activity. Despite enforcement efforts, critics argue Meta lacks…
