Security
A notorious crypto phishing group known as Inferno Drainer has stolen nearly $150,000 in a targeted attack that exploited a newly introduced Ethereum feature—marking a concerning evolution in how scammers are using blockchain upgrades to their advantage. On May 24, web3 security platform Scam Sniffer flagged the incident,
Markets
The TRUMP meme coin is teetering on a critical price point that could reshape its short-term trajectory. Currently trading around $12.65, the token has struggled to maintain upward momentum, with recent price action reflecting growing uncertainty among traders. According to on-chain data, nearly $31 million in short positions could
Opinion
Australian Senator Gerard Rennick sparked backlash from the global Bitcoin community this week after calling the cryptocurrency a Ponzi scheme and dismissing its value with a quip: “You can’t eat Bitcoin.” Rennick made the comments in a May 23 post on X (formerly Twitter), responding to a user questioning
Blockchain
Coinbase’s Layer 2 network, Base, is gearing up for a significant performance leap—one that could put it in direct competition with high-speed blockchains like Solana and Sui. In a May 24 post on X (formerly Twitter), Base lead Jesse Pollak laid out the network’s ambitious roadmap to
Finance
Spot bitcoin ETFs in the U.S. just logged their busiest trading week of 2025, fueled by renewed investor interest and rising crypto prices. According to data from SoSoValue, $25 billion in bitcoin ETF shares changed hands last week, the highest weekly trading volume since December 2024. The surge wasn’
Security
A crypto investor in Manhattan is facing serious criminal charges after allegedly kidnapping and torturing an Italian man in a violent attempt to steal access to his cryptocurrency wallet. John Woeltz, 37, was arraigned on Saturday in Manhattan Criminal Court, a day after his arrest on charges including kidnapping for
Markets
Ethereum (ETH), the second-largest cryptocurrency by market cap, is under pressure this week following a sharp wave of selling that has put its price on shaky ground. Despite a generally bullish tone across the broader crypto market, Ethereum has remained stagnant — a concerning sign for investors watching for signs of
Security
In a major win against cryptocurrency fraud, the U.S. Department of Justice (DOJ) announced it has recovered over $3.3 million in digital assets linked to a network of online investment scams. The announcement, made on May 23, underscores ongoing efforts to disrupt cybercriminals exploiting the crypto space. A
Innovation
Decentralizing telecom infrastructure isn’t just a tech experiment — it’s becoming a real business advantage for both small businesses and major telecom providers, according to Frank Mong, COO of Nova Labs, the company behind the Helium Network. Speaking at Consensus 2025 in Toronto, Mong explained how decentralized physical infrastructure
Opinion
TRON founder Justin Sun has publicly thrown his support behind Donald Trump’s bid to make the United States a global leader in blockchain and cryptocurrency. Sun’s endorsement comes after he attended an exclusive, high-profile dinner hosted at Trump National Golf Club in Virginia, where the former president met
Regulation
A U.S. federal judge has overturned fraud and market manipulation convictions against Avraham Eisenberg, the trader at the center of the $110 million Mango Markets crypto exploit, citing a lack of evidence and the permissionless nature of decentralized finance (DeFi). In a ruling issued Friday, U.S. District Judge
Opinion
Former U.S. President Donald Trump is under renewed scrutiny after displaying the official presidential seal at a private cryptocurrency event, raising questions about possible violations of federal law. The incident occurred during a high-profile investor dinner held Thursday at Trump National Golf Club in Virginia. The exclusive gathering drew