Category: News

Gotbit Founder Pleads Guilty—$23M in Crypto Forfeited in US Fraud Crackdown

Russian national and Gotbit founder, Alex Andryunin, has entered into a plea agreement with US prosecutors in connection to charges of wire fraud and cryptocurrency market manipulation. The agreement, signed with the US Attorney for the District of Massachusetts, requires Andryunin to forfeit approximately $22.9 million in stablecoins—$18.7 million...
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Restaking protocol Zoth exploited, attacker drains $8.4m

Decentralized protocol Zoth was hit by a hack through a compromised contract, and the attacker made off with more than $8 million, quickly turning it into DAI. Zoth, a restaking protocol backed by Borderless and Blockchain Founders Fund, has reportedly…...
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Here’s What it Will Take for Cardano (ADA) to Surge to $2: Analyst

TL;DR ADA has been struggling for the past few weeks and even on a monthly scale, but there’s a chance it could skyrocket to $2 under certain conditions, said a renowned analyst. The Cardano ecosystem and its native token have seen a substantial uptick in social sentiment lately, which...
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Bitcoin speculative appetite declines as investors seek safety

Speculative appetite is vanishing from the crypto markets, as investors are looking for safer digital asset investments following the recent wave of memecoin scams and macroeconomic uncertainty. Bitcoin’s hot supply metric, which measures the Bitcoin (BTC) aged one week or less, is down over 50%, from 5.9% at the...
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