Background of Coinbase’s May 2025 breach Coinbase, America’s largest cryptocurrency exchange, received an unsolicited email from an unknown threat actor on May 11, 2025. They claimed to possess sensitive information about its customers and demanded a ransom of $20 million. Before examining the breach, it is interesting to understand how it happened at a public … Read more
BONK, the Solana meme coin, is at an intriguing moment in its existence. The project boasts a strong community and a 50% price increase over the past month. Recently, BONK has integrated with Bravo Ready games and reached a daily revenue of $ 1.72 M. For a few days this month as well, it was … Read more
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. 800 million satoshis (8 BTC) currently worth over $874,000 at the time of writing, is being granted across 22 different projects around the world focusing on open-source development, educational initiatives, Bitcoin … Read more
SPX6900 price rose nearly 18% in 24 hours, with market cap hitting $927.53 million. Elliott Wave analysis predicts Wave 5 rally targeting 50% to 61.80% zones, with critical support at 0.236 Fib level. SPX6900 memecoin is a cryptocurrency based on internet culture and humor, similar to other meme coins like Dogecoin. This digital asset has … Read more
Bitcoin mining stocks experienced widespread declines Wednesday, with most major publicly traded firms in the sector in the red. Bitcoin Mining Stocks See Red Across the Board Galaxy Digital Holdings, leading by market capitalization at $6.64 billion saw its shares drop 11.33% this afternoon and 14.11% over the last five sessions, even as it’s up … Read more
Key Points: UK FCA proposes stablecoin regulation and seeks industry feedback, impacting market compliance. FCA’s stablecoin proposal affects crypto exchanges and financial institutions. FCA’s rules may change crypto regulations’ competitive landscape in the UK. UK FCA Seeks Input on Stablecoin and Crypto Custody Regulation The UK Financial Conduct Authority announced on May 28, 2025, its … Read more
Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets. Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the … Read more
After this initiative, a milestone will be achieved that will open ways for similar products across other crypto assets. The chief legal officer of Ripple restated in a letter to the SEC’s crypto task force this week that XRP should not be treated as a security. The Securities and Exchange Commission of the United States … Read more
Jim Irsay built his own legacy with the Indianapolis Colts, a truly significant achievement. (Photo … More by Justin Casterline/Getty Images) Getty Images There have been three heinous moves in the history of American sports. The first was the decision by Walter O’Malley to take the Dodgers out of Brooklyn and move them to Los … Read more
The U.S. Department of Labor has rescinded its 2022 guidance that warned fiduciaries to exercise “extreme care” when considering cryptocurrencies for 401(k) retirement plans. Crypto Gets a Policy Boost as Labor Dept. Revokes 401(k) Warning The original release, issued under the Biden administration, had signaled skepticism about the inclusion of digital assets in retirement investment … Read more