Recent developments involving the official memecoin linked to former President Donald Trump have sent shockwaves through the crypto community, with nearly $20 million worth of TRUMP tokens being moved in a flurry of transactions that raise eyebrows and questions alike. A wallet associated with the crypto project transferred 1.346 million TRUMP tokens, valued at approximately
Exchanges
In an ambitious move rife with implications, the cryptocurrency exchange Bitget has taken bold action against eight users implicated in exploiting a severe trading glitch. According to recent reports, these individuals purportedly siphoned off over $20 million in profits by manipulating the flaws within the platform linked to the VOXEL token. Xie Jiayin, an executive
In a remarkable turn of events, the supply of Bitcoin on centralized exchanges has dropped to its lowest level since 2019, now sitting at a mere 2.5 million BTC as of late April 2025. This is a significant decrease of 500,000 coins since the conclusion of 2024. This reduction is more than just a statistic—it’s
In a world where innovation sprints ahead with breathtaking speed, the recent actions by five U.S. states against Coinbase’s staking program raise pressing questions about regulatory overreach. California, New Jersey, Maryland, Washington, and Wisconsin are at the forefront of this battle, filing lawsuits and issuing cease-and-desist orders that collectively threaten users’ engagement in earning staking
Riot Platforms, a powerhouse in the Bitcoin mining sector, has recently secured a $100 million credit facility through a strategic partnership with Coinbase. This transaction is hardly routine; it is a bold declaration of the company’s intent to leverage its substantial Bitcoin holdings—19,233 BTC, valued at approximately $1.8 billion—while navigating the tempestuous waters of the
The recent decision by the Alabama Securities Commission to retract its legal action against Coinbase is more than just a procedural shift; it is indicative of a larger narrative unfolding within the regulatory landscape of cryptocurrency. With the number of active lawsuits against Coinbase decreasing from ten to five, the implications extend beyond the immediate
In a monumental leap for cryptocurrency transaction management, Coinbase has unveiled an upgraded self-service asset recovery tool that now encompasses lost tokens within the Solana network. This initiative aims to empower users frustrated by unsupported SPL tokens inadvertently sent to their wallets. Direct recovery without the prior need to engage customer support may seem like
The recent cybersecurity breach involving Bybit has sent shockwaves through the crypto community, revealing the unsettling truth that nearly $400 million—27.6% of the stolen Ethereum—has become uncapturable. This stark statistic, shared by Bybit’s CEO Ben Zhou, underscores a troubling trend in the decentralized finance landscape: as advanced cryptographic technologies evolve, so too does the sophistication
Vietnam’s recent initiative to establish a pilot crypto trading platform is not merely a technological advancement; it is a strategic response to the precarious landscape of unregulated cryptocurrency transactions. Finance Minister Ho Duc Phoc has aptly illuminated the perilous nature of unofficial trading, which catapults investors into a financial quagmire. By acknowledging these risks, the
The recent scandal surrounding the OM token serves as a jarring reminder that the crypto market, often hailed for its transparency and decentralization, is still rife with vulnerabilities. A podcast episode of “The Chopping Block” meticulously dissected allegations that the Mantra team, in collusion with certain market makers, orchestrated a deceptive liquidity scheme, manipulating critical