Category: crypto

A former customer service agent at Coinbase was arrested in India for their involvement in a security breach where hackers bribed support staff for customer data. The breach could cost the company up to $400 million. The incident highlights the vulnerability of crypto platforms to human access points and ongoing security risks.

Cardano’s price action over the Christmas season was disappointing for investors, with the token remaining in a downtrend and down 58% year-to-date. Founder Charles Hoskinson faced accusations of abandoning ADA, denying claims of selling at a peak and not buying back at lower levels. Technical analysis shows bearish trends and declining metrics, affecting investor confidence.

Russia’s largest bank, Sberbank, is considering offering crypto-backed loans in rubles with regulatory cooperation. The bank is exploring lending secured by cryptocurrency, aiming to announce deals soon. Sberbank has been involved in digital assets since 2015, expanding into DeFi and planning to connect with existing ecosystems. Russian financial institutions are adapting to embrace crypto amid…

Changpeng Zhao is shifting his focus to mentorship and investing, with a focus on Giggle Academy, YZi Labs, and the BNB Chain ecosystem. He emphasizes the importance of stablecoins 2.0, prediction markets, and AI agents in the crypto industry. Zhao stresses the importance of patience and long-term commitment in building successful projects.

Residents in Lugano can now pay taxes, fines, and city invoices in Bitcoin or USDT, with instant conversion to Swiss francs. Over 350 merchants in the city accept Lightning payments and offer up to 10% cashback in LVGA tokens through the MyLugano app, creating a circular economy loop. The city is positioning itself as a…

Aave’s $140 million revenue year has been overshadowed by a failed brand-control vote and a $10 million AAVE buy, leading to a governance rift affecting the token’s price. The clash between Aave Labs and AAVE DAO continues, with disagreements over control and revenue routing. The market is trading with increased volatility amid governance concerns.

In 2025, Layer 1 tokens experienced price and user losses, while Bitcoin and BNB Chain saw growth. Overleveraged tokenomics and institutional preference for BTC and ETH led to sell pressure. Stablecoin issuers dominated revenue. Developer activity remained strong, but tokens faced consolidation risk. The market shifted toward protocols with economic value.

Several Trust Wallet users were affected by a security issue related to its Chrome extension version 2.68, resulting in unauthorized outflows. Former Binance CEO Changpeng Zhao confirmed that Trust Wallet will compensate affected users. The issue led to over $6 million in losses, with funds being moved to different wallets by attackers. Trust Wallet advised…

In 2025, major Layer 1 blockchain tokens experienced significant declines despite continued developer activity, with Bitcoin being the exception. Monthly active users across leading chains fell by 25.15%, and revenue concentrated in stablecoin issuers and derivatives venues. Infrastructure tokens faced pressure into 2026 due to lack of differentiation and revenue generation paths.

India’s Enforcement Directorate conducted raids at 21 locations linked to 4th Bloc Consultants for allegedly running a decade-long fake crypto investment scheme. The group used fake platforms, stolen images, MLM-style referrals, and social media to defraud investors. Proceeds were laundered through multiple channels, with properties and wallets seized.