Latest Articles
Bybit Hack Spurs $4.6B Surge in THORChain Trading Activity
By Chimamanda U. Martha
• 3 mins read
THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s stolen funds.
Coinbase Demands SEC to Disclose Full Cost of Crypto Crackdown
By Chimamanda U. Martha
• 3 mins read
Coinbase wants to know how many SEC employees worked on crypto cases, their salaries, and how much time they spent on enforcement efforts.
US Senate Prepares Vote on Controversial IRS Crypto Reporting Regulation
By Chimamanda U. Martha
• 3 mins read
Lawmakers, including Senator Ted Cruz and Cynthia Lummis, have introduced a resolution to overturn the IRS rule, with a vote expected this week.
Cronos (CRO) Surges 40% as Crypto.com Unveils Strategic Reserve Plans
By Chimamanda U. Martha
• 3 mins read
Crypto.com’s native token Cronos (CRO) jumped 40% following plans to establish a Cronos Strategic Reserve by reversing a previous 70 billion token burn, with 86.81% of votes currently supporting the proposal.
Patrick McHenry Joins Ondo Finance as Advisory Board Vice Chairman
By Chimamanda U. Martha
• 2 mins read
Patrick McHenry transitions to the private sector as Vice Chairman at Ondo Finance, where he’ll leverage his congressional experience in cryptocurrency to guide policy matters for the blockchain company.
Bitcoin News Today: Wall Street Embraces Bitcoin as BlackRock Adds IBIT to Its Model Portfolios
By Chimamanda U. Martha
• 3 mins read
BlackRock has expanded its crypto exposure by adding its iShares Bitcoin Trust (IBIT) to portfolio strategies that allow alternative investments, allocating 1-2% to Target Allocation models.
Bybit Hack Update: Hackers Launder Over $605M in Ethereum Despite Identity Reveal
By Chimamanda U. Martha
• 3 mins read
The hackers have moved 54% of the $1.4 billion stolen from Bybit, using cross-chain platforms like THORChain.
Bitcoin News Today: Michael Saylor Says “Sell a Kidney If You Must, But Keep The Bitcoin”
By Chimamanda U. Martha
• 3 mins read
Saylor has a history of encouraging extreme measures for Bitcoin investment, including mortgaging homes and maxing out credit cards.
SEC Agrees to Drop Lawsuit Against Consensys Over MetaMask Operations
By Chimamanda U. Martha
• 3 mins read
The SEC has reached a preliminary agreement to end its lawsuit against Consensys, the company behind MetaMask wallet, following accusations that its swap and staking services violated securities laws.
THORChain Records $1B Trading Volume After Massive Bybit $1.4B Hack
By Chimamanda U. Martha
• 3 mins read
In January, THORChain paused Bitcoin and Ethereum lending to prevent misuse, as part of a $200 million debt restructuring.