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Category Archive : Crypto News

Loopring suffers $5 million hack after ‘Guardian’ two-factor authentication service is compromised

Loopring’s website brags that it offers “Ethereum’s most secure wallet” but also identifies the very risk factor that reportedly enabled the hack.

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Author: Zack Abrams

FriendTech to move to new Friendchain blockchain in move away from Base

Activity on FriendTech briefly increased with the launch of its v2 upgrade in May, but activity has since declined to pre-v2 levels.

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Author: Zack Abrams

Arbitrum DAO votes to approve $215 million gaming ecosystem fund proposed by Arbitrum Foundation

The proposal

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Author: Zack Abrams

Gemholic accused of rug pull after moving $3.3 million in recently recovered funds, vanishing from social media

Gemholic, the team behind the defunct GemSwap decentralized exchange on Ethereum Layer 2 network ZkSync, is facing rug pull accusations after moving previously-inaccessible funds recently unlocked by a ZkSync network upgrade and seemingly deleting its social media presence.  In April 2023, Eden Au, director of research at The Block, was the first to notice that […]

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Author: Zack Abrams

Silicon Valley courts Trump in latest crypto campaigning push: report

Trump raised $12 million from a San Francisco fundraiser that saw prominent crypto leaders in attendance.

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Author: MK Manoylov

COPA Seeks Payment of 85% Of Costs in Craig Wright Case

The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.

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Author: Camomile Shumba

New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case

New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis.

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Author: Cheyenne Ligon

Big Friday Crypto Selloff Pulls Bitcoin Below $70K

Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.

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Author: Stephen Alpher

GME, other memecoins fall with GameStop as Roaring Kitty livestream draws huge audience

GameStop-inspired memecoins GME, KITTY and ROAR fell by as much as 31% during “Roaring Kitty’s” first livestream in years.

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Author: Elizabeth Napolitano

Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI

The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.

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Author: Daniel Kuhn


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