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Nalezeno "r/cryptocurrency": 31272

Zksync Admin Hack Drains $5M—Native ZK Token Plummets 13% in Minutes


On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness. From Airdrop to Heist:...

An Unlikely Contender Emerges as a Leader in the Crypto-Lending Arena


Tether, known for its stablecoin products, has emerged as the leader in the crypto-lending arena, followed by Galaxy and Ledn. The sector has undergone a consolidation period following the collapse of former crypto-lending powerhouses Blockfi, Celsius, and Genesis. Tether Becomes Leader of...

MANTRA and Laser Digital Deny Role in OM Token Collapse


Two major players tied to the OM token—MANTRA’s co-founder and Nomura’s Laser Digital—issued statements Monday distancing themselves from the token’s 90% price drop over the weekend. MANTRA’s Mullin Defends Project After OM Tumbled 90% John Patrick Mullin, co-founder of MANTRA, addressed the token...

Seizable? Indeed! Crypto Is Now Closer to Functioning as Money in Brazil


Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how an unfortunate ruling has brought cryptocurrency closer to being considered money in Brazil, making it seizable for settling debts. Latam Insights...

MANTRA’s OM Token Crashes 90% Amid Insider Sell-Off Allegations


The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA...

Binance Unveils Second Vote-to-List Results—These 3 Tokens Made the Cut


Binance’s second Vote to List campaign has unleashed three high-volatility tokens into spot trading, signaling surging user influence and a bold expansion of crypto access. Binance’s Second Vote-to-List Brings New Volatile Tokens—Who Got In and Why Binance is expanding its spot trading offerings...

Flatulence Meets Finance: XCN Up 197%, FARTCOIN 91% in Wild Crypto Week


The digital asset sphere has navigated a whirlwind of volatility this past week, yet Friday’s 3.9% rebound injected a dose of optimism, propelling aggregate valuations to $2.61 trillion. While bitcoin and ethereum languished in negative territory this week, onyxcoin (XCN) and fartcoin (FARTCOIN)...

From Red to Rocket Fuel: Crypto Market Valuation Climbs Post-Turbulence


The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this trajectory. Market Whiplash: Crypto...

Bitcoin’s Q1 Woes: Analysis Points to Investor Frustration


The cryptocurrency market, along with traditional stock markets, experienced a significant downturn in the first quarter of 2025. This market downturn is attributed to both trade war fears and diminished user sentiment, as indicated by the declining net unrealized profit/loss. BTC Dominance Rises...

Coinbase Co-Founder Fred Ehrsam Unveils Brain Interface Device


Ehrsam’s neuroscience startup, dubbed “Nudge,” says it’s on a mission to “develop the best technology for interfacing with the brain to improve people’s lives.” From Bitcoin to Brains: Coinbase Founder’s Next Frontier Fred Ehrsam and Brian Armstrong started Coinbase in a two-bedroom apartment...

DOJ Nukes Crypto Crime Unit as Trump Vows to End Regulation by Prosecution


The DOJ just killed its crypto crimes unit in a sweeping shift that signals America is going all-in on digital asset freedom and growth. Feds Kill off DOJ’s Crypto Team—Trump Resets Battlefield for Bitcoin Dominance The U.S. Department of Justice (DOJ) will no longer maintain a dedicated unit...

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