US charges Canadian over $65M KyberSwap, Indexed Finance hacks
The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.”
Related Posts


Bitcoin price drops 1.5% on Fed rate cut gloom as $88K remains in play
Bitcoin ends a run of 14 consecutive green candles as markets price out the odds of further interest rate cuts in 2025.

Bakkt launches payments app as institutions compete for crypto assets
Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce. Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public.Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited…

Tether seeks Big Four firm for its first full financial audit — Report
Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its USDT (USDT) stablecoin is backed at a 1:1 ratio. Tether CEO Paolo Ardoino reportedly said the audit process would be more straightforward under pro-crypto US President Donald Trump. It comes after rising industry concerns

SUI, Zcash (ZEC) and Helium (HNT) outperform everything except memecoins — Here is why
ZEC, HNT and SUI produce double and triple-digit gains even as the wider crypto market continues to reel from last week’s sharp correction.

SEC Calls Out Status of Telegram’s TON, Doubting Development
In the latest from U.S. Security and Exchange Commission’s (SEC) ongoing lawsuit against Telegram for its offering of Gram tokens, the commission bashes the messaging service’s blockchain and related token.In a lengthy filing with the court of the Southern District of New York the SEC responded to Telegram’s earlier motion for summary judgment. In it,…

Sports Blockchain Venture Chiliz Announces Strategic Partnership With Binance Chain
Sports blockchain venture Chiliz has announced a strategic partnership with Binance Chain, the mainnet of major cryptocurrency exchange Binance. The news was revealed in an official press release on May 17.As previously reported, Chiliz ($CHZ) is a sports industry-oriented digital currency that powers the tokenized fan engagement platform and blockchain-powered mobile app, Socios.com.High-profile Socios partners…

Fed not cutting rates 'at all' in 2025 may trigger a bear market — Analyst
Network economist Timothy Peterson warns that if the US Federal Reserve holds off on rate cuts in 2025, it may cause a broader market downturn, potentially dragging Bitcoin back toward $70,000. “What it needs is a trigger. I think that trigger may be as simple as the Fed not cutting rates at all this year,”

Blockchain-based games see an uptick in users despite bear market conditions
Bear markets are always tough, but one of the positives is they clear the clutter and this allows legitimate projects to stand out. While most investors are focused on the latest centralized finance (CeFi) and decentralized finances (DeFi) scandal, the blockchain gaming sector has quietly weathered the storm better than other niches of the market.Total number…