Eric Council Jr. faces a two-year prison sentence for his role in a SIM swap attack that compromised the Securities and Exchange Commission’s X account. Court filings reveal Council earned $50,000 performing similar attacks between January and June 2024. He…
Corporations are leading the surge in Bitcoin investment in 2025, surpassing ETFs and retail investors. New research from Bitcoin investment firm River reveals that corporate holdings have increased by 157,000 BTC (approximately $16 billion). Michael Saylor’s Strategy firm alone accounts…
Dogecoin (DOGE) experienced a significant 38% surge in May, its strongest monthly performance this year, driven by robust market demand and spot-buyer dominance since March. This rally closely mirrored Ethereum’s upward trajectory. Trading volume reached $4.7 billion in the past…
Anchorage Digital, a federally chartered digital asset bank in the US, has acquired Mountain Protocol, a Bermuda Monetary Authority-regulated stablecoin issuer. This acquisition integrates Mountain Protocol’s team, technology, and licensing framework into Anchorage’s existing stablecoin offerings. While financial details remain…
On May 13th, the X (formerly Twitter) accounts of the Ethereum layer-2 network ZKsync and its developer, Matter Labs, were compromised in a sophisticated phishing attack. Hackers disseminated false claims that the network was under investigation by US authorities, including…
Curve Finance, a decentralized finance (DeFi) protocol, has suffered a second DNS hijacking attack in a week, redirecting users to a malicious website. The attack, confirmed by Curve Finance on May 12th via X (formerly Twitter), warns users not to…
The US government seeks a two-year prison sentence for Eric Council Jr., who played a key role in a scheme to manipulate the cryptocurrency market. Council pleaded guilty to participating in a group that gained unauthorized access to the Securities…
Bitcoin’s price action shows a bearish breakout from an ascending channel, raising concerns about profit-taking near the $106,000 resistance level. The upcoming US Consumer Price Index (CPI) announcement on May 13th is a key factor influencing Bitcoin’s short-term trajectory. Currently,…
Coinbase Global (COIN), a cryptocurrency exchange, will become the first and only crypto firm listed in the Standard & Poor’s 500 (S&P 500) index on May 19th. This milestone marks a significant step for the cryptocurrency industry’s integration into mainstream…
Donald Trump’s memecoin, TRUMP, has finalized its list of top holders, who are eligible for a May 22nd dinner and VIP tour with the former president. The project announced on May 12th that it had ceased accepting further purchases for…
