Bonk.fun users report drained wallets after hackers hijack platform domain
The team behind the Solana-based memecoin launch platform Bonk.fun warned users to avoid its website after hackers reportedly compromised the domain and deployed a malicious wallet drainer, with at least one trader claiming losses of $273,000 after connecting their wallet.…...
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Across’s acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure
The bridging protocol’s team wants to exchange ACX tokens for equity in a new U.S. C-corp or buy holders out at a 25% premium, in what would be one of the first major reversals from token to traditional corporate structure....
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Crypto code commits fall 75% as developers move to AI projects
Developers are shifting toward artificial intelligence infrastructure as blockchain ecosystems lose contributors across major networks, from Ethereum to Solana....
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India arrests key suspect in GainBitcoin crypto Ponzi scheme
India’s premier investigative agency, the Central Bureau of Investigation, has arrested Ayush Varshney, co-founder and chief technology officer of Darwin Labs Private Limited, in connection with the alleged GainBitcoin crypto fraud. CBI arrests GainBitcoin scam suspect at Mumbai airport The…...
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Will Bitcoin price drop to $65,000 as bearish forces come into play?
Bitcoin price risks a drop back to the $65,000 zone as bearish macroeconomic forces continue to impact investor risk sentiment. According to data from crypto.news, Bitcoin (BTC) price fell 4.8% over the past 7 days, dropping below the $70,000 support…...
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Wells Fargo files trademark for WFUSD, hinting at potential bank stablecoin
Wells Fargo has filed a trademark application for “WFUSD,” sparking speculation that the U.S. banking giant may be exploring a blockchain-based payment token or stablecoin. According to the filing, the mark covers financial services tied to digital assets, including cryptocurrency-related…...
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Is Coinbase Sabotaging Bitcoin De Minimis Tax Exemption In Favor Of Stablecoins?
A new controversy has emerged within the cryptocurrency community, particularly on “crypto Twitter,” involving US-based exchange Coinbase (COIN). Rumors are circulating that the exchange is actively opposing the proposed Bitcoin (BTC) de minimis tax exemption, allegedly to promote a regulatory framework that favors stablecoins over Bitcoin. Coinbase’s Alleged Lobbying ...
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OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus
OP Labs’ restructuring reflects a broader trend in the crypto industry towards strategic focus and efficiency amid evolving market conditions. The post OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus appeared first on Crypto Briefing....
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Barry Silbert Sees ‘Financial Privacy’ Becoming More Important As Leading Bitcoin Mining Pool Operator Dives Into Zcash
Barry Silbert, CEO of cryptocurrency conglomerate Digital Currency Group, hailed the growth of financial privacy on Wednesday after mining giant Foundry announced plans to launch a Zcash (CRYPTO: ZEC) mining pool. A Mining Pool For ZEC? Foundry, which operates one of the world’s leading Bitcoin (CRYPTO: BTC) mining pools, Foundry USA pool, said...
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Ghana selects 11 crypto exchanges for SEC regulatory sandbox pilot
Ghana has selected 11 crypto trading platforms to participate in a regulatory sandbox where they will “pilot their products and services in a controlled environment under the regulatory oversight” of the Securities and Exchange Commission. Starting March 10, Africoin, Blu…...
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