Coinbase Hack Hits High-Profile Execs Including Sequoia Capital’s Botha

Earlier this week, Coinbase revealed a significant cyberattack and data breach. Being a leading crypto exchange, the breach has put the personal data of influential figures at risk. As per the latest reports, Sequoia Capital’s Managing Partner, Roelof Botha, is also among the high-profile victims, with hackers accessing sensitive information, including phone numbers and addresses. … Read more

Technical Factors Drive Price Action, but Demand Remains Limited

In a recent update from COINOTAG on May 17th, Coinbase Institutional’s Research Director David Duong emphasized the significant factors influencing Ethereum’s price trajectory. He noted that last week’s increase in ETH was largely attributed to technical elements, including the unwinding of numerous misaligned positions and short covering. This momentum has seen ETH aligning more closely … Read more

The DeFi mullet — Fintech needs DeFi in the back

Opinion by: Merlin Egalite, co-founder at Morpho Labs Fintechs in the front, decentralized finance (DeFi) in the back: the DeFi Mullet. Today’s fintech companies offer excellent user experiences but are constrained by traditional financial infrastructure — siloed, slow, expensive and inflexible. Meanwhile, DeFi provides lightning-fast, cost-effective, interoperable infrastructure but lacks mainstream accessibility. The solution? Combine … Read more

Crypto Entrepreneurs In France Now Under Guard After Kidnapping Surge

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure French authorities have announced fresh security steps for crypto entrepreneurs and their families. The move comes after a string of violent attempts to kidnap industry figures. Officials are aiming to curb what they call a worrying spike in attacks. Government Steps Up … Read more

Paraguay deports three undocumented immigrants after crypto mining theft attempt

Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel … Read more

Bitstamp Gets EU License Under MiCA Crypto Rules

Cryptocurrency exchange Bitstamp has received a Crypto Asset Service Provider (CASP) license under the EU’s MiCA regulation from Luxembourg’s Commission de Surveillance du Secteur Financier. This license, combined with the European Passport, will allow Bitstamp to operate its trading platform, execute client orders, and provide crypto custody services across the European Economic Area. Bitstamp’s CEO … Read more

Senator Rips Trump’s World Liberty Financial for Weak Inquiry Response

Senator Blumenthal called out Trump’s crypto firm for its weak response to the inquiry into the president’s crypto ties.  Trump’s World Liberty Financial attorneys criticized Blumenthal’s probe and clarified that the firm’s stablecoin mission is not to undermine the US dollar.  The crypto industry has been witnessing a huge shift ever since Donald Trump started … Read more

How Crypto Millionaires Spend Their Fortunes?

Crypto trading, often associated with substantial volatility and risks, has created a new class of millionaires and billionaires who have made their fortune through strategic investments. While their success stories dominate headlines, the ways these individuals deploy their digital fortunes reveal a spectrum of ambition, extravagance, and eccentricity. From extravagant art purchases that defy logic … Read more