User loses $32 million spWETH in a sophisticated phishing attack
According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.
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Crypto debanking could drive industry underground: Australian Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. The growing trend of banks cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the country’s Treasury Department.On June 28,…

Trustology CEO Says DeFi Will Become ‘Predominant Mechanism’ for Finance
Decentralized finance (DeFi) protocols could soon emerge as the world’s dominant liquidity pool if scaled effectively, according to Alex Batlin, the founder and CEO of cryptocurrency custody platform Trustology.Cointelegraph spoke to Batlin — also a co-founder and board member of the Enterprise Ethereum Alliance — at the recent BlockDown 2020 conference to discuss the outlook…

Bitcoin bulls eye BTC price comeback as cash inflows echo late 2020
Bitcoin (BTC) is displaying fresh bull run signals as BTC price strength produces 7% daily gains.BTC/USD 1-hour chart. Source: TradingViewBTC price bounces after snap sell-offData from Cointelegraph Markets Pro and TradingView hints that upside momentum may continue as on-chain metrics reset.Bitcoin “needed to cool off” after hitting $44,000 this month, analysis believes, and after a

Tim Draper, Pantera Capital back new crypto derivatives exchange
The surge in crypto derivatives trading is likely to continue amid the bull market. 2577 Total views 18 Total shares Some of the biggest names in blockchain have thrown their weight behind a new cryptocurrency derivatives exchange, signaling that the next bull market could be driven by institutional investors.Crypto derivatives platform Globe has raised $3…

3 reasons why Bitcoin price could hit $68K in September
Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making.

AI is coming for your job: What industries will be affected?
Artificial Intelligence (AI) has been growing at an unprecedented rate in recent years and is being integrated into a range of industries. But its rapid growth has sparked concern over job losses, as many tasks previously performed by humans could soon be automated by AI.For example, on May 1, IBM CEO Arvind Krishna told Bloomberg…

Polymarket gets backlash over ‘approved’ outcome on $13M Ethereum ETF bet
A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it's not over yet.

Ethereum’s Hearthstone Rival Sets Volume Record After Blizzard Scandal
Ethereum (ETH) based trading card game Gods Unchained has far outstripped CryptoKitties by volume after a censorship scandal involving game-developer Blizzard.As blockchain research platform Coin Metrics noted on Nov. 12, the past month has seen activity explode for the game, with interest dwarfing that of CryptoKitties at its 2017 peak.Data: Gods Unchained volume five times…