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Cryptocurrency hackers stole more than $90 million in April, dealing another blow to the industry’s mainstream reputation despite ongoing efforts to improve cybersecurity.Hackers made off with $92 million of digital assets across 15 incidents in April, according to an April 30 research report by blockchain cybersecurity firm Immunefi.The total marks a 124% month-over-month increase from March, when hackers stole $41 million.Crypto stole in April 2025. Source: ImmunefiThe month’s largest hack on open-source platform UPCX accounted for most of the damage in April, with over $70 million in losses, while KiloEx lost $7.5 million as April’s second-largest hack.The KiloEx exploiter returned…
Arizona has taken yet another huge step toward potentially adopting Bitcoin. The state legislature has officially passed two bills that would see Arizona hold Bitcoin as part of its treasury reserves. In a vote of 31-25, Senate Bill (SB) 1025, sponsored by Senator Wendy Rodgers, passed alongside SB 1373, sponsored by Senator Mark Finchem, in a vote of 37-19. Both bills seek to create a strategic reserve of Bitcoin for the state of Arizona. The resolution directs the state to study the potential impacts and logistics of adding BTC to its financial holdings, which would make Arizona the first state…
Opinion by: Fraser Edwards, co-founder and CEO, CheqdBrutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the UK is fake! Tests found that 24 of 25 jars were suspicious or didn’t meet regulatory standards. Self-sovereign identity (SSI) can fix this. The UK Food Standards Agency and the European Commission both urge reform to tackle this concern by creating a robust traceability database within supply chain networks to ensure consumer transparency and trust. Data, however, is not the problem. The issue is people tampering with it. This is not the…
Solana, the popular layer-1 network, is seeing strong network activity that may help its price jump to $200 and above. Solana (SOL) was trading at $147.25 on Wednesday, just below last week’s high of $156. It has jumped by over 52% from its lowest level this year. Third-party data indicates that Solana’s network is performing well, and significantly outperforming Ethereum (ETH) in several key metrics. According to Nansen, Solana processed over 410 million transactions in the last seven days, representing a 10% increase from the previous week. This uptick likely occurred as top meme coins in its ecosystem, such as…
Luka Dončić may be new to Los Angeles, but he’s already acting like a local. The Lakers’ newest star stepped in to cover the full cost of restoring a mural of Kobe and Gigi Bryant that was recently defaced in downtown L.A. On Tuesday, according to The Guardian, Dončić donated $5,000 to a GoFundMe set up by artist Louie Palsino, who painted the piece Mambas Forever at 14th and Main Streets. “It was always important to give back to the community,” Dončić said. “They gave me so much, so I just want to give back.” The Slovenian guard arrived in…
The top stablecoins are booming on the layer-1 blockchain Tron (TRX), according to the crypto tracker Lookonchain. Lookonchain notes that the value of USDT and USDC on Tron surged by $2.17 billion in the past week. USDT and USDC are the top two stablecoins by market cap, respectively. The stablecoin issuer Tether minted another 1 billion USDT on Tron on Monday alone, bringing the total supply of USDT on the chain to $71.7 billion, according to the crypto tracker. Tether has minted 12 billion worth of the top stablecoin since the end of January. Lookonchain also says the value of…
Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s reliance on emergency powers to impose tariffs on dozens of countries violates both economic logic and the Constitution. Rand Paul Warns Emergency Tariffs Could Hand ‘Karl Marx’ Future Powers Paul on Tuesday touted a joint resolution that would […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After months of downward pressure, Ethereum (ETH) may finally be poised for its next major move upward. The second-largest cryptocurrency by market capitalization appears set to benefit from several bullish trends – ranging from technical setups to improving institutional demand – that could propel it toward the psychologically significant $2,000 mark. Ethereum Heading To $2,000? ETH has shown notable momentum over the past week, rallying from around $1,575 on April 22 to approximately $1,830 at the time of writing. This nearly 20% increase has rekindled bullish sentiment…
Critics have long discredited non-fungible tokens as overpriced JPEGs sold by people who want to make quick bucks. NFT believers want to prove them wrong and show that these certificates of digital art stored on the blockchain, a distributed, immutable database, have real use cases. Their efforts often involve integrating NFTs into applications already with mainstream adoption. Twitter, for example, now lets users authenticate their NFT profiles for a fee so others know they actually spend a fortune on their Bored Apes rather than having right-clicked on a JPEG. What about making one’s NFT avatars talk? Kakao Investment, a subsidiary…
The Uniswap team moved UNI into Coinbase Prime, a site for institutional over-the-counter (OTC) trades. Market participants didn’t consider this a green light; instead, they are selling UNI. Uniswap’s [UNI] token has been stuck in a downtrend for weeks, with a fresh 2.7% drop recorded in the last 24 hours. This sell-off currently observed stems from the lack of confidence in the market among holders, as they oppose the team’s decision. Uniswap team moves funds—But to what effect? According to SpotOnChain, an address linked to the Uniswap team deposited 9 million UNI, worth $47.5 million, into Coinbase Prime. In fact,…
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