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$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US


The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their...

Community Launches Decentralized Memecoin To Take Anti-SEC Stance


In response to the increasing regulatory scrutiny by the SEC on crypto, a small group of community members has launched a decentralized memecoin called NotWifGary (NWG). The post Community Launches Decentralized Memecoin To Take Anti-SEC Stance appeared first on Cryptonews

India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban


The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban. The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...

FaZe Clan Gets Into Bed With Sports Gambling After Massive Member Purge


FaZe Clan, the massively popular conglomerate of pro gamers, streamers, and online personalities, is trying to reinvent itself after a catastrophic IPO and recent purge of a majority of its members. It’s now partnering with DraftKings to do that, taking $11 million from the sports betting app...

ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul


The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.  The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews

US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday


U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions....

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