How Did the Scam Unfold? A 66-year-old retiree in Hong Kong lost 6.6 million Hong Kong dollars, or roughly $840,000, after falling victim to three consecutive crypto investment scams, according to the city’s CyberDefender unit. The case highlights how fraud schemes can build on each other, repeatedly targeting the same individual over time. The first
What Did Lily Liu Actually Say? Solana Foundation President Lily Liu sparked debate across the crypto industry after stating that blockchain gaming is unlikely to return, challenging one of the sector’s most heavily funded narratives. Her comments came in response to renewed discussion around Meta’s metaverse strategy, following reports that the company may be stepping
Who Is Advising FalconX on a Potential IPO? Cantor is among the investment banks pitching crypto prime broker FalconX for a potential initial public offering, according to people familiar with the matter. No formal appointments have been made, and discussions with advisers remain at an early stage. FalconX has held preliminary talks with banks but
Today, keeping your funds in stablecoins is about practical financial freedom. Crypto cards have effectively turned USDT and USDC into “digital cash” that’s ready whenever you are. They allow you to handle your morning coffee, online subscriptions, or daily shopping just as easily as a traditional bank card, removing the headache of manual exchanges. By
Why Is The Digital Euro Moving Forward Now? The European Central Bank secured important parliamentary backing on Tuesday for draft rules supporting the launch of a digital euro, bringing the project closer to political approval after years of debate between policymakers and banks. The proposal would create an electronic form of central bank money that
Why Did New Hampshire Block the Bitcoin-Backed Bond? New Hampshire officials rejected a proposal to issue up to $100 million in taxable conduit revenue bonds backed by bitcoin, halting what was expected to be one of the first rated bitcoin-backed bond structures issued under a state authority. The New Hampshire Executive Council voted 3-2 against
Why Is Kraken Rebuilding Its Trading App Around AI? Kraken is planning to relaunch its mobile app with agentic trading features at the center of the user experience, making it the latest crypto exchange to move artificial intelligence from a support function into the trading workflow itself. The planned system will include autonomous AI agents
The South Korean internet-only bank will explore blockchain-based overseas transfers as Korea’s financial sector accelerates stablecoin experiments. Toss Bank has signed a strategic memorandum of understanding with the Solana Foundation to test blockchain-based global remittance infrastructure and stablecoin use, marking another step in South Korea’s push to bring digital assets into mainstream financial services. The
Taiko has urged users to immediately withdraw funds from all bridges deployed on its network after confirming that its chain-state verification mechanism had been compromised. The Ethereum layer-2 project said the incident means the security assumptions underpinning its bridge infrastructure can no longer be relied upon, prompting an emergency response from the team and ecosystem
Pump.fun’s new crypto bounty feature is facing growing criticism after users began posting and completing tasks involving public humiliation, tattoos, workplace confrontations and risky stunts in exchange for digital asset rewards. The feature, called GO, allows users to create bounties, lock crypto rewards in escrow and pay participants who submit approved proof of completion. The