Ripple, a prominent player in the cryptocurrency industry, has recently made headlines by contributing $25 million to the Fairshake super PAC. This move is part of a broader industry-wide effort to advocate for pro-crypto policies and politicians. The decision to boost Fairshake’s efforts comes at a critical time for Ripple, as the company is currently
Crypto
In a recent Harris Poll survey funded by Grayscale, it was found that a significant number of American voters are turning to Bitcoin as a result of geopolitical tensions and inflation. One key finding from the survey is that one in three U.S. voters will consider a political candidate’s stance on cryptocurrencies before casting their
The cryptocurrency sector faced significant challenges in May, with losses totaling $42.6 million due to various security breaches. The largest chunk of these losses, approximately $20.7 million, was attributed to flash loan attacks. Sonne Finance bore the brunt of these attacks, losing a staggering $20 million, while TLN Protocol suffered losses amounting to $746,000. Additionally,
The story of how two cybersecurity researchers helped an anonymous crypto user recover 43.6 bitcoins he lost 11 years ago is nothing short of remarkable. The user, known only as Michael, had lost access to the wallet holding his assets, which were worth around $5,300 at the time. However, thanks to the efforts of researcher
Mastercard recently introduced its Mastercard Crypto Credential, a groundbreaking development that has paved the way for the first-ever peer-to-peer (p2p) pilot transactions aimed at streamlining and securing blockchain transfers. This new feature allows users on popular exchanges like Bit2Me, Lirium, and Mercado Bitcoin to send and receive cryptocurrency using user-friendly aliases instead of complex blockchain
In the midst of the broader market recovery, the XRP Ledger (XRPL) experienced a surge in network activity across various metrics. According to a recent report by Messari, active addresses and transactions on XRPL saw a significant increase. Active addresses rose by 37% quarter-over-quarter (QoQ), while transactions increased by a whopping 113% QoQ. This surge
The recent hack on the Japanese cryptocurrency trading platform, DMM Bitcoin, resulted in a significant loss of Bitcoin amounting to around $305 million. The exchange confirmed the attack and disclosed that 4,502.9 bitcoins were stolen from their systems. Despite stating that they are investigating the breach and implementing measures to prevent such incidents in the
The U.S. District Court for the District of Utah recently made a significant decision regarding the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating under the name Debt Box. The judge dismissed the case and ordered the SEC to pay approximately $1.8 million in attorney and receivership fees. In a post on X
In the year of meme coin mania, we have witnessed a surge in the launch of meme coins with dubious connections. Lookonchain’s data has shed light on the dangers of trading meme coins, especially those backed by celebrities. The recent example of American celebrity Caitlyn Jenner’s JENNER coin, launched on the Solana blockchain, serves as
The blockchain analysis firm Nansen recently unveiled a rather intriguing discovery – DBS Bank, one of Singapore’s leading banking institutions, has been identified as a cryptocurrency whale. A crypto wallet supposedly owned by DBS Bank holds a staggering 173,753 Ether (ETH), with a current market value of approximately $650 million. Notably, the address in question