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A Canadian hacker allegedly exploited vulnerabilities in two defi platforms, stealing $65 million and laundering funds through crypto mixers, prosecutors say. He remains at large. DOJ Indicts Canadian Hacker for $65M Defi Exploit The U.S. Department of Justice (DOJ) announced on Feb. 3 that a federal court in New York unsealed a five-count criminal indictment … Read more
World Liberty Financial denies rumors that it has sold any WLFI tokens, clarifying that the decentralized finance (DeFi) project is not pursuing token swaps with other blockchain projects, despite acquiring their tokens recently. In a recent X post that WLF stated they are simply managing their crypto holdings as part of routine treasury operations, covering … Read more
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The recent volatility in the crypto market has been underscored by a significant recovery in Ethereum and Solana following U.S. trade policy changes. The easing of trade penalties has not only influenced traditional markets but has also triggered a resurgence in cryptocurrency prices, signaling investor optimism. According to Min Jung, an analyst at Presto Research, … Read more
Rome Protocol, an interoperability and scalability layer leveraging Solana’s architecture, has partnered with 0G, a Layer 1 blockchain designed for AI. The collaboration aims to tackle some of the biggest challenges facing decentralized AI, including security, scalability, and cross-chain interoperability. The integration merges Rome’s rollup infrastructure with 0G’s privacy-preserving AI ecosystem, creating a high-performance environment … Read more
The White House said in a statement late Monday that US President Donald Trump signed an executive order to begin developing a US government-owned investment fund, per Reuters. Additional takeaways The fund could be used to profit from TikTok if an American buyer is found. TikTok has until early April to secure an approved partner … Read more
Nobel laureate economist Eugene F. Fama predicts bitcoin’s collapse, estimating its chances of survival as nearly zero and dismissing it as worthless. Nobel Economist Says Bitcoin’s Collapse Is Near Certain Eugene F. Fama, a Nobel Prize-winning economist known for his work on asset pricing and the efficient market hypothesis, believes bitcoin will ultimately become worthless. … Read more
On February 4th, COINOTAG News reported significant activity within the crypto lending ecosystem as the Aave V3 protocol experienced substantial liquidations totalling $198 million during the recent market downturn. This alarming figure represents 27% of the entire liquidation volume since the V3 protocol’s inception, which stands at approximately $718 million. The abrupt market shift led … Read more
The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.”