Crypto News
Ed Suman, a 67-year-old retired artist who helped create large sculptures like Jeff Koons’ Balloon Dog, reportedly lost his entire life savings — over $2M in digital assets — in a sophisticated scam. The incident is believed to be tied to the major data breach at Coinbase, one of the world’s largest digital asset exchanges….
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Strategy, formerly MicroStrategy, has been hit with a class-action lawsuit over alleged misleading statements tied to its Bitcoin strategy. The May 19 Lawsuit filing claims Strategy hid the associated risks, citing a $5.9 billion unrealized Q1 loss that triggered an 8.67% drop in MSTR shares during April 7 trading. The “anticipated profitability” and “risks associated…
Bitcoin briefly rose to $106,300 early Tuesday before sellers pushed it back under the $106,000 threshold, extending a months-long pattern of rejection just shy of January’s record high. The level has capped every advance in 2025, turning the round figure into an increasingly psychological barrier for bulls. Bitcoin attempts to break $106,000 (Source: TradingView) The…
The US Justice Department has opened an investigation into a recent security breach at Coinbase Global. Bloomberg reported Monday that the probe focuses on how cybercriminals bribed employees and contractors in India to steal sensitive customer data, which was then used in an extortion attempt. The investigation is being led by the department’s criminal division…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este…
Cardano founder Charles Hoskinson expanded his response to allegations that Input Output Global (IOG) misappropriated over 318 million ADA from unredeemed pre-sale wallets, calling the situation deeply personal and damaging. In a May 18 post on X, Hoskinson reflected on the reputational toll of the allegations, noting that the incident has reshaped his view of…
XRP futures contracts began trading on CME Group’s derivatives platform on May 19, surpassing $15,6 million in trading volume as of 9:20 P.M. UTC across standard and micro contract offerings. According to CME data, 120 standard XRP contracts traded at an average price of $2.3965, representing approximately $14.3 million in notional volume. Each contract equates…
Leading legal and financial experts have cautioned political leaders that stablecoin adoption plans pose a danger to the South Korean economy. Per the newspaper Chungnyun Ilbo, experts say that US dollar-based stablecoins could have an impact on exchange rates and fiat currencies. Stablecoin Danger for South Korean Economy? The comments came at a digital assets-themed…
