Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As...
Blockchain News
Stargate community proposes removal of Fantom USDC pool to mitigate risks
Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent "force majeure" incident impacting Multichain and the stability concerns...
Cronos Labs launches second cohort of $100M Web3 accelerator
Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program,...
A week filled with exploits and uncertainty for DeFi: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Why are governments going cashless?
When most people think of surveillance, they probably think of cameras on street corners, government agencies collecting emails, or smartphones...
Foresight Ventures pledges additional $10M for Web3 accelerator
On May 24, Singaporean venture capital firm Foresight Ventures announced that it would pledge an additional $10 million to its...
Web3 threatened by Web2.5 and regulations, exec warns
As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under...
Attacker hijacks Tornado Cash governance via malicious proposal
Adding to the existing roadblocks of the decentralized crypto mixer Tornado Cash, an attacker managed to gain full control of...
Bitcoin Ordinals’ total mintage fees increase 700% from April: Report
According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for the minting of Bitcoin...
Monero community lashes out against ‘Mordinals’ amid privacy concerns
Nonfungible tokens (NFTs) are finally on the most infamous privacy-focused blockchain, but not everyone is happy about it. Mordinals, or...
Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
The auction for parts of bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital’s (3AC) nonfungible tokens (NFT) collection fetched $2.5 million...
$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits...
Jack Dorsey’s TBD announces new Web5 toolkit
TBD, a division of fintech company Block, which is led by CEO Jack Dorsey, announced a novel Web5 decentralized web platform...
Ripple and SEC seek extension for unsealing Hinman documents
On May 19, James Filan, a defense attorney and ex-federal prosecutor who has been closely monitoring the Securities and Exchange...
US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Robert F. Kennedy Jr. to accept campaign donations in Bitcoin
Democratic presidential candidate Robert F. Kennedy Jr. will be the first presidential candidate in United States history to accept campaign...
Bitcoin cleans up the environment and helps catch criminals: US Senator Cynthia Lummis
U.S. Republican Sen. Cynthia Lummis of Wyoming held a fireside chat with the founder and CEO of Chamber of Digital...
MIAX completes acquisition of FTX subsidiary LedgerX
The Miami International Securities Exchange (MIAX), owned by Miami International Holdings, has completed the acquisition of LedgerX, which was one of...
Last Remains joins Cointelegraph Accelerator
Blockchain-based gaming has gained momentum in recent years as the novel sensation in the crypto universe, to the point where...
Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software
Jessica Jonas, chief legal officer of the nonprofit Bitcoin Legal Defense Fund, discussed the potential legal ramifications of a high...
Coinbase launches zero trading fee subscription service
Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in...
US House stablecoin hearing focuses on competing bills for regulation
State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives...
