General category for all types of news related to the cryptocurrency world.
Cryptocurrency firm Abra will return $82M to customers after settling with regulators from 25 states over unlicensed operations. CEO William Barhydt is barred from business in those states. This highlights growing regulatory scrutiny in crypto. #CryptoNews
Bitget and Foresight Ventures have launched a $20M fund to support early-stage projects in The Open Network (TON) ecosystem, which has seen TVL surge fivefold to $600M. Notable projects like STON.fi and USDT are driving growth. #CryptoUpdate
Hashed Ventures expands to Abu Dhabi, drawn by clear regulations and a supportive ecosystem. With $700M AUM, the firm aims to introduce S. Korean companies to the region. CEO sees Abu Dhabi as prime for growth opportunities. #Web3
The U.S. State Department offers a $5M bounty for info on Ruja Ignatova, the “Cryptoqueen” behind the $4B OneCoin Ponzi scheme. Ignatova vanished in 2017 before her indictment. This reward marks a significant increase from $250K. #Update
Vitalik Buterin signed a Ukrainian flag at the Incrypted Conference 2024, raising $8,000 for FPV drones for soldiers. Organized by the Kyiv Ethereum Community, this raffle saw 17 participants. Buterin’s support highlights the crypto community’s dedication to social causes. #Ethereum #Update
Helldivers 2 by @ArrowHeadStudios sets a record with 12M copies sold. The backlash over requiring PlayStation accounts for PC players shows the need for DAOs in gaming for better player engagement and decision-making. #Web3 #Update
Notcoin ($NOT) surges 29% in 3 days, hitting $0.0162 and breaking above the 50-period EMA. Spot trading volumes up 43% to $525M. PlayDoge ($PLAY) presale raises $5.1M, positioning as a promising P2E token. #Update
Sonic, @Solana’s first gaming L2 platform, hit 100K wallets and processed 17M transactions days after its testnet launch. Boosted by $12M Series A from @BITKRAFTVC, Sonic aims to elevate the $SOL gaming ecosystem. #Update #BlockchainGaming
Cardano ($ADA) successfully defended against a DDoS attack on June 25, maintaining normal operations. Attackers lost funds, highlighting Cardano’s robust security. #Blockchain #CryptoNews
Ripple CEO Brad Garlinghouse warns that SEC Chair Gary Gensler’s actions, including threats to imprison crypto execs, could cost President Biden the election. Garlinghouse highlights Gensler’s ties to Sam Bankman-Fried and FTX, urging balanced crypto regulations. #CryptoRegulation #Update
GSR Markets has restructured its management, naming Jakob Palmstierna as president, with Rich Rosenblum and Xin Song now sharing the CEO role. This move aims for “24-hour coverage” amid a crypto rally fueled by Bitcoin ETF approvals. #Update
Hackers stole $2M in tokens from @CoinStats through an AWS infrastructure breach, compromising 1,600 wallets. The attack, linked to North Korea, used social engineering. CoinStats assures only 1% of users affected. #CyberSecurity #Update
Bankless podcast hosts @ryansadams and @TrustlessState discuss if authoritarianism could outpace liberal democracies with insights from economist Noah Smith and $ETH co-founder @VitalikButerin. #Technology #Governance
Michael Kane and Shane Hampton of Hydrogen Technology Corporation sentenced for manipulating HYDRO crypto prices. Kane gets nearly 4 years, Hampton almost 3. First federal case recognizing crypto as security. #CryptoFraud #Update
