Category: crypto

Coinbase reported a data breach affecting less than 1% of users, with hackers extorting $20 million in Bitcoin. Insiders leaked sensitive data enabling social engineering scams. User credentials and core infrastructure remained secure. Coinbase terminated compromised employees and is working with law enforcement. The company will compensate affected users and establish a $20 million reward…

Cboe BZX Exchange filed a proposed rule change to list and trade shares of the Canary Staked TRX ETF, the first US-based spot Tron ETF offering staking rewards. The ETF plans to stake TRX holdings for yield, tracks the TRX USD CCIX rate, and aims to differentiate itself in the crypto market. Approval is pending…

Ukraine is preparing legislation to hold Bitcoin in its national reserves, aiming to become one of the first nations to do so. The draft law is being developed by Member of Parliament Yaroslav Zhelezniak. Binance is advising Ukraine on this initiative, as the country looks to regulate digital assets and create a sovereign digital reserve.

The Federal Reserve Bank of New York, in partnership with BIS Innovation Hub Swiss Centre, found that tokenized assets, not central bank digital currencies (CBDCs), could be a future framework for monetary policy. Project Pine tested smart contracts for open market operations, emphasizing programmable platforms and tokenized assets for monetary policy implementation. The report suggests…

CryptoSlate Alpha is a membership program that requires the purchase of an NFT using Solana’s native token, SOL. A Solana wallet connection is necessary for the purchase. By buying the membership, users agree to the terms and conditions of their digital wallet provider and the Access Foundation. CryptoSlate is not responsible for the digital wallet’s…

Spanish law enforcement dismantled an underground financial network that laundered over €20 million through crypto transactions for organized crime groups in China and the Arab world. 17 individuals were arrested, with 15 in pretrial detention. The network used disguised remittance services and transported cash using hidden compartments in vehicles. They earned commissions in crypto, making…

Bitwise CIO Matt Hougan predicts a significant increase in crypto investments in the financial advisory space. He expects major firms to offer crypto ETP access by 2025, with inflows reaching “many billions.” Portfolio allocation norms are shifting, with institutions becoming more comfortable with higher crypto weightings. Interest in Ethereum is also increasing among advisors.

The Ethereum Foundation has launched the Trillion-Dollar Security (1TS) initiative to enhance Ethereum’s security standards for global finance. The initiative aims to securely hold trillions of dollars in assets and enable organizations to manage up to $1 trillion within a smart contract. The initiative will involve mapping vulnerabilities, executing improvements, and communicating progress.

Bitfarms reported a significant decline in net financial income in the first quarter of 2025, largely due to reduced gains on derivatives and warrant revaluations. Despite a 33% increase in revenue driven by higher hash rate deployment, the company experienced a wider net loss compared to the previous year. Operations in Argentina were halted, resulting…

The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical use cases beyond Web3. The fund aims to boost adoption and drive growth within the Pi ecosystem by investing directly in Pi tokens. This initiative aligns with the goal of connecting decentralized technology with…