Category: crypto

Bitget Wallet has appointed former Uber executive Jack Zhai as Head of the Americas to lead expansion efforts in the region. The company’s self-custodial wallet platform now serves over 90 million users globally, offering on-chain payments and decentralized finance tools. Zhai’s experience in consumer technology, media, AI, and Web3 markets will help Bitget Wallet make…

Ripple CTO David Schwartz cautioned XRP Ledger users about a surge in fake airdrops and giveaway scams. Ripple reiterated that they never ask for XRP or wallet details from users. Reports show scammers using fake social media accounts, deepfakes, and threats from North Korea. Users were advised to be cautious of free XRP offers.

The Bank of England is reviewing proposed stablecoin holding caps and reserve requirements after concerns raised by digital asset firms that strict rules could hinder the use of pound-backed tokens at scale. Officials are reconsidering ownership limits and reserve percentages to ensure competitiveness in the global stablecoin market.

Binance Alpha will remove 20 tokens from its featuring list on May 14 at 06:00 UTC after a recent review. The affected assets include PRAI, COMMON, PINGPONG, TAKER, JANITOR, GATA, KLINK, CORL, SWTCH, ARIAIP, LONG, ZKWASM, GORILLA, ECHO, LITKEY, FIR, GM, DELABS, DONKEY and WHY. Binance warned that Alpha tokens may carry higher than normal…

North Korean hacking groups, specifically Lazarus Group, have been linked to most major crypto exchange attacks in South Korea since 2018, resulting in confirmed thefts exceeding $120 million. Additionally, billions of dollars in suspected illicit crypto flows have moved through South Korea’s financial system, with $6.4 billion tied to the Hwanchigi laundering network. Regulatory oversight…

Blockchain investigator ZachXBT accused the LAB project of market manipulation, claiming insiders controlled over 95% of token supply. Allegations include concealed distribution data, changed lock-up terms, and suspicious token movements. ZachXBT calls for exchange investigation and warns of extreme price manipulation. LAB has not responded publicly, raising concerns about transparency in the crypto sector.

Bitcoin briefly surpassed $80,000 despite a slight decline, with traders analyzing ETF inflows, macroeconomic factors, and derivatives positioning to determine if BTC will continue to rise or correct. Institutional inflows and derivatives activity have been key drivers, with debate over whether Bitcoin can sustain momentum above $80,000.

Coinbase has become the official USDC treasury deployer on Hyperliquid, doubling the stablecoin’s supply to $5 billion. The partnership includes Native Markets granting Coinbase purchasing rights for USDH-branded assets. This move strengthens Coinbase’s expansion in DeFi and aims to position USDC more aggressively in decentralized trading venues.

Block’s Square has enabled around one million U.S. merchants to accept Bitcoin payments through Lightning Network support. This is part of Block’s wider Bitcoin strategy, including Cash App rewards and Bitkey custody. The rollout aims to make Bitcoin useful for payments, not just holding it long-term, with near-instant settlement and real-time exchange rates.

Pi Network has regained market attention with a new Know Your Customer update. Over 18.1 million users have passed KYC checks, but some are still pending. The team is working on AI-assisted verification tools to address user concerns. Despite the update, PI’s price remains weak, with traders cautious.