May 15, 2024

$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

Sonne Finance, a lending protocol, was compelled to suspend its operations following a hack that saw $20 million worth of cryptocurrencies drained from the market.   […]
May 14, 2024

Tether freezes $5.2M in USDT linked to phishing scams

Tether, the stablecoin issuer, froze $5.2 million of its stablecoin Tether (USDT) on May 14, associated with phishing scams. The USDT was held in 12 Ethereum […]
May 14, 2024

Stolen Poloniex Ether worth $53M never made it back to the exchange

More than half of the $100 million worth of Ether stolen in the notorious Poloniex hack from November 2023 has been transferred through the privacy protocol […]
May 14, 2024

New daily Runes etched on Bitcoin falls 99% from post-halving peak

The number of new Runes etched on the Bitcoin network has dropped below 250 daily for the past six days, with only 157 Runes etched on […]
May 14, 2024

GameStop sparked the 2021 memecoin bull run — Will history repeat itself?

The unexpected return of Keith Gill, a key figure in the 2021 GameStop short squeeze, has ignited speculation among speculators about the possibility of a GameStop […]
May 14, 2024

Crypto exchange OKX launches local regulated entity in Australia

Crypto exchange OKX is bolstering its presence in Australia by relocating its Australian-focused services under a locally regulated entity, as part of its expansion strategy across […]
May 14, 2024

Coinbase website down as crypto exchange cites ‘system-wide outage’

United States-based crypto exchange Coinbase experienced a “system-wide outage,” rendering its services inaccessible for users on both desktop and mobile platforms.   Outage Notification Coinbase officially […]
May 14, 2024

Coinbase recovers after system-wide outage, but user withdrawals remain offline

Coinbase, the world’s second-largest exchange by trading volume, encountered a significant outage on May 14.   At 4:19 am UTC, Coinbase declared a system-wide outage lasting […]
May 14, 2024

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

The hash rate of Bitcoin witnessed a decline as mining firms began shutting down unprofitable mining rigs following the fourth Bitcoin halving.   On May 10, […]
May 14, 2024

Biden orders removal of Chinese-owned crypto miner near missile base

President Joe Biden has issued an order preventing a China-linked crypto mining firm from utilizing land near a Wyoming nuclear missile base.   National Security Concerns […]

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