Judge dismisses counts related to BUSD, BNB sales in SEC-Binance lawsuit
The U.S. Securities and Exchange Commission (SEC) lawsuit against Binance and its co-founder Changpeng Zhao (CZ) is set to proceed after a Friday ruling. A judge in the U.S. District…
Ethereum Name Service proposes ENSv2 upgrade to tap into booming layer 2 networks
ENS Labs, a non-profit organization responsible for the Ethereum Name Service (ENS), has proposed an ENSv2 upgrade that would facilitate the protocols migration into a layer 2 network, according to…
Base outpaces Optimism and Arbitrum amid Coinbase's Smart Wallet debut
Coinbase-backed Ethereum layer-2 network, Base, is experiencing rapid growth, reflecting the significant adoption and attention it enjoys from the crypto community. Bases growth comes amid the exchange launch of its…
Telegram-based web3 game Hamster Kombat draws Irani general’s ire amid rising local player base
Iranian government officials and hardliners are voicing strong opposition to the play-to-earn blockchain game Hamster Kombat, claiming it serves as a tool of Western soft power aimed at distracting the…
Ava Labs eyes web3 integration in South Korea's booming K-Pop industry
Ava Labs, the developer behind the Avalanche blockchain network, is working on introducing web3 technologies to enhance intellectual property management in the rapidly growing K-pop market. Justin Kim, who leads…
Kraken Founder's Million-Dollar Donation to Donald Trump
Kraken founder Jesse Powell said he donated $1 million, mainly Ethereum, to support former US President Donald Trumps re-election bid. In a June 28 statement, Powell explained that the donation…
Consensys SEC Lawsuit: Alleged Violations of Securities Laws
The SEC has filed a new lawsuit against Consensys for alleged violations of federal securities laws. The complaint centers on Consensyss MetaMask wallet services, specifically the Swaps and Staking features,…
US government moves nearly 4,000 BTC worth $240 million to exchange
The US government moved 3,940 Bitcoin to an exchange on June 26, leading to speculation of a sell-off, according to Arkham Intelligence data. The Bitcoins in question were seized from…
Crypto losses stemming from hacks, rug pulls up 112% YoY – Immunefi
The crypto ecosystem experienced significant losses in the second quarter of 2024, with a total of $572.7 million lost due to hacks and frauds — up 112% compared to the…
Fake Phantom wallet promoted in iOS AppStore drains users funds
A fake Phantom wallet app in the Apple Store is reported to drain assets upon account recovery with a private key. Phantom Wallet and Solana users have been alerted to…