Jesse B.

London-based investment firm Abraxas Capital made headlines this week with a major Bitcoin purchase totaling nearly $250 million, adding 2,949 BTC to its balance sheet in the days leading up to April 19. The firm’s latest buy—a $45 million transaction sourced from Binance on April 18—was flagged by blockchain analytics platform Arkham Intelligence and reported

Canary Capital is entering the competitive crypto ETF race with a new filing for a spot-based Tron ETF that incorporates staking rewards. The firm submitted an S-1 prospectus to the U.S. Securities and Exchange Commission (SEC) on Friday, seeking approval for the first U.S. ETF offering direct exposure to Tron (TRX) alongside staking yield. Named

The hacker behind the recent $7.5 million exploit of decentralized exchange KiloEx has returned all stolen funds, just four days after the platform proposed a white hat bounty. The exploit, which led KiloEx to suspend operations on April 15, prompted immediate audits and a community-led response. In a bid to recover user funds, KiloEx offered

Hong Kong-based asset manager HashKey Capital has launched Asia’s first XRP Tracker Fund, giving institutional investors regulated exposure to XRP without the need for direct crypto ownership. The HashKey XRP Tracker Fund is designed to replicate the performance of XRP, the digital asset behind Ripple’s global payment network. Professional investors can subscribe or redeem shares

Privacy-focused crypto platform eXch has announced it will cease operations on May 1, following mounting allegations that it was exploited by North Korea’s state-sponsored hacking group, Lazarus, for large-scale crypto laundering activities. In a statement released by the exchange, the team revealed they had become the subject of an international law enforcement investigation into suspected

Base, the Layer 2 blockchain built by Coinbase, is under fire from the crypto community after endorsing a newly minted token that crashed by 95% within hours of launch. On Wednesday, Base published a post titled “Base is for everyone” on Zora, a decentralized social media platform where posts are automatically tokenized. The post was

A joint cybercrime investigation by the U.S. Secret Service and Canadian officials has uncovered a complex Ethereum scam that led to $4.3 million in losses from compromised digital wallets. Announced Wednesday, the collaborative mission—dubbed Operation Avalanche—aimed to protect victims of so-called “approval phishing” attacks. The operation brought together U.S. investigators, Canadian police departments, crypto exchanges,

Panama City has become the latest capital to greenlight cryptocurrency for public payments, allowing residents to settle taxes, fees, fines, and permits using digital assets like Bitcoin, Ethereum, USDC, and USDT. The announcement was made by newly elected Mayor Mayer Mizrachi Matalon via X on Wednesday. Unlike previous administrations that required new legislative approval, Mizrachi’s

CyberKongz, the pixelated primate-themed NFT project that once stood at the center of a regulatory storm, has officially been cleared by the U.S. Securities and Exchange Commission (SEC). The agency has closed its two-year-long investigation into the project without pursuing enforcement action, marking a significant victory for the NFT community amid shifting regulatory winds in