Tag: Doge

After breaching Iran’s largest crypto exchange, the pro-Israel hacker group Gonjeshke Darande claimed to have destroyed more than $90 million in digital assets taken from Nobitex’s wallets. In a June 18 update via X, the group said it had burned…...

Circle’s stock surged 34% on June 18 to close at $199.59 after the GENIUS Act cleared the Senate. According to Yahoo Finance data, the stock briefly touched an all-time high of $200.90 before closing at $199.59. The move marked a…...

Iran’s crypto exchange restrictions may hinder financial innovation and exacerbate tensions in an already volatile geopolitical climate. The post Iran restricts crypto exchange hours after massive Nobitex exploit drains BTC, ETH, XRP appeared first on Crypto Briefing....

Iranian cryptocurrency exchange, Nobitex, was hacked for nearly $90 million on Wednesday, with an Israel-linked group claiming responsibility for the cyberattack. What Happened: A group called Gonjeshke Darande, or “Predatory Sparrow,” announced the attack on X, calling Nobitex “a tool for financing terrorism and violating sanctions.” “In the next...

A growing wave of criticism is sweeping over Pump.fun, the Solana-based memecoin launchpad that’s pulled in about $741 million from users’ trades. According to blockchain data, the platform has been selling off its fee earnings in huge chunks since May 2024. Traders now wonder whether the site is built to serve...

A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric...

Bitcoin’s BTC bull market has stalled, and how. Despite a surge in spot ETF inflows, stablecoin market caps, and positive regulatory developments in the U.S., the leading cryptocurrency by market value continues to trade directionless, fluctuating between $100,000 and $110,000. It’s been a record 42 straight days of back-and-forth...

Economist and market commentator Peter Schiff raised doubts about the potential of stablecoins to uphold the U.S. dollar’s dominance on Wednesday, stating that their primary use would be in cryptocurrency trading. What Happened: Schiff took to X, disputing the widely touted role of stablecoins in helping the U.S. economy. “Rising...

VanEck’s proposed spot Solana exchange-traded fund has quietly appeared on the Depository Trust & Clearing Corporation’s website under the ticker VSOL, placing the product in the clearinghouse’s “active & pre-launch” roster. “BREAKING: VanEck’s Solana ETF (VSOL) is now listed on DTCC… While not an SEC approval, it’s a preparatory...

A Kansas banker who looted millions from his small-town bank in 2023, which triggered its collapse, lost much of the money to overseas crypto scammers targeted in a record-breaking DOJ bust, according to a complaint filed Wednesday. Prosecutors have filed a civil forfeiture action targeting over $225 million in...