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Why ‘overextended’ Worldcoin can still rally despite 13% losses in 24 hours
On 18 May, Worldcoin tested the bottom of a local range formation at $0.233. It has not looked back since. In fact, the bulls have been on a mission, driving a 70% rally in two weeks.
The spot trading volume trends have been healthy…
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US Treasury Sanctions Iran’s Nobitex Crypto Exchange
The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system.The Treasury said…
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ZachXBT Slams EdgeX After Sudden Token Collapse
The crash unfolded amid rising DeFi security concerns following recent exploits across bridges and liquidity pools.
The EDGE token collapsed to an all-time low of around…
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Cardano’s TapTools Winds Down After Losing 5 Execs
TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X…
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Bitmine ETH Accumulation Slows After Reaching 4.49% Supply
TLDR
Bitmine Immersion reduced its weekly Ethereum purchases after nearing its long term supply target.
The company added 26,497 ETH last week, bringing total holdings to about 5.42 million tokens.
Bitmine now controls roughly…
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Paxos Adds Dogecoin to Brokerage and Custody Platform
The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels.According to a Monday…
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Grayscale’s Hyperliquid ETF Likely to Launch This week
Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart…
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1,003.62 ETH recovered after 9 years – How did a whitehat security researcher do it?
An Ethereum -based initial coin offering (ICO) called HongCoin, introduced in 2016, recently made headlines after 1,003.62 ETH was recovered.
This was made possible with the assistance of Florent, a white-hat security researcher. This…
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Kelp DAO Recovery Hopes Fade as Hacker Launders About $220 Million
The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts.The Kelp DAO hacker-tagged wallet appears to…
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Radiant to Wind Down After Failing to Recover From 2024 Hack
Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.Radiant’s decentralized autonomous organization said in…
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