Coinbase is betting big on fixing one of crypto’s oldest headaches: the initial coin offerings (ICOs) that fueled the 2017 boom and left a trail of rug pulls in their wake. However, the exchange’s latest acquisition has illustrated some of the underlying issues that still plague this aspect of the crypto market. Coinbase has agreed […]
$120 Million Crypto Hack Blamed on Office Space-Style Exploit
Earlier this week, a critical vulnerability in the decentralized finance (DeFi) protocol Balancer was exploited, with crypto losses estimated to be worth $120 million or more. While it was initially unclear how the exploit worked, a preliminary report from the team behind Balancer has indicated it mostly came down to how the protocol dealt with […]
US Crypto Activity Explodes by 50% in 2025 Amid Trump’s Regulatory Pullback
Crypto activity in the United States skyrocketed in the first half of the year, apparently propelled by President Donald Trump’s controversial personal and regulatory embrace of the digital asset space. New analysis from the blockchain intelligence firm TRM Labs indicates crypto transaction volume in the US topped $1 trillion between January and July of this […]
Bitcoin Price Slumps as Wall Street Prepares for Crypto ETF Frenzy
Earlier this month, bitcoin was on top of the world, hitting yet another new all-time high of roughly $125,000. Around the same time, applications for a large number of increasingly speculative crypto exchange-traded funds (ETFs) were filed with the U.S. Securities and Exchange Commission (SEC), which some saw as signs of an overheated market. A […]
Fed Chair Powell Says AI Probably a Factor in Concerning Unemployment Rates
The Fed decided to cut interest rates on Wednesday, citing a weak labor market as the reason. The latest jobs report showed that U.S. employers only added 22,000 jobs in August, down from the 79,000 in July, showing a dramatic slowing in hiring. It was the worst August report since the pandemic and it got […]
Tether Taps Trump’s Former Crypto Advisor to Lead US Operations
In an effort to solidify itself as the go-to company in the cryptocurrency space for stablecoins, Tether is tapping Bo Hines, the former Executive Director of Donald Trump’s White House Crypto Council to lead its operations in the United States, including efforts to launch a new stablecoin called USAT that will comply with new, Trump-backed […]
Massive Supply Chain Attack Targets Cryptocurrencies Through NPM
A phishing attack aimed at a particular software maintainer’s account has managed to compromise software packages that have over 2.6 billion weekly downloads. BleepingComputer, noting that the infection is being called the “largest supply chain attack in history.” The developer behind the software packages, identified as Josh Junon, was compromised via a phishing scheme targeting several […]
Leaked Gaza Plans Show Trump May ‘Relocate’ Palestinians to Build ‘AI-Powered Smart Cities’
For the past two years, the U.S. has been supplying tens of billions of dollars worth of military aid to Israel so that it can bomb the living crap out of the civilian population in Gaza. Now, as multiple human rights organizations accuse Israel of committing genocide in the region, America’s billionaire developer president seems […]
Trump Family’s Crypto Token Just Made Them $5 Billion Richer
The Trump family just became $5 billion richer (on paper) thanks to its latest crypto venture. The Trumps’ new digital currency WLFI began trading on Monday with about $1 billion worth of the tokens changing hands within an hour. Despite the token plunging in price on its first day of trading, the family gained as […]
Eric Trump Claims His Company Is Mining ‘3% of the World’s Bitcoin Every Single Day’
Eric Trump, the third child of President Donald Trump, showed up in Hong Kong this week to hawk his latest crypto venture and, according to him, it’s going to the moon. Trump spoke at Hong Kong’s Bitcoin Asia 2025 conference, the first stop in a planned series of crypto events across Asia featuring various Trump […]