Quick Facts: Funds lost to ‘pig butchering’ crypto scams increased by 40% in 2024 compared to the previous year, according to a recent report by blockchain analytics firm Chainalysis. These scams, which combine elements of romance and investment fraud, have become increasingly sophisticated, leading to significant financial losses among unsuspecting investors. Chainalysis revealed that not
Jesse B.
Jesse is an engineering graduate and former business owner with hands-on experience in the crypto space. After running her own business, she transitioned into researching and writing about blockchain technology, decentralization, and the future of digital economies. Having worked with various crypto projects, she offers valuable insights into the expanding Web3 ecosystem.
Quick Facts: In a significant development for the stablecoin ecosystem, Framework Ventures has led a $20 million Series A funding round for Plasma, a stablecoin-focused firm aiming to bring more stability to the Bitcoin market. This latest investment brings Plasma’s total capital raised to $24 million, marking a critical milestone in its mission to enhance
Framework Ventures Leads $20 Million Series A Funding for Stablecoin Firm Plasma
Quick Facts: U.S. spot Bitcoin ETFs have seen three consecutive days of outflows totaling $494 million, highlighting waning investor demand as Bitcoin trades within a stagnant range around $96,000 since the beginning of February. Wednesday marked the largest outflow of the three days, with $251 million pulled from Bitcoin ETFs. Fidelity’s Wise Origin Bitcoin Fund
U.S. Bitcoin ETFs Face $494M Outflows Over Three Days as BTC Struggles at $96K
Quick Stats The broader crypto market rebounded on Tuesday, with Ethereum (ETH) and Binance Coin (BNB) leading the charge amid a wider recovery following last week’s price slump. The turnaround comes as investors reposition themselves, pushing key assets back into the green. Ethereum and BNB Extend Gains as Market Sentiment Improves Ethereum and Binance Coin
Ethereum and BNB Lead Gains as Crypto Market Stages Recovery
Quick Stats The Trump administration continues to reshape financial regulation with a pro-crypto tilt, naming Jonathan Gould, former Chief Legal Officer at Bitcoin mining giant Bitfury, as the new head of the Office of the Comptroller of the Currency (OCC). The move reinforces the administration’s efforts to create a more crypto-friendly regulatory environment, aligning with
Trump Taps Former Bitfury Exec Jonathan Gould to Lead OCC
Quick Stats Elon Musk’s latest X profile name change to “Harry Bōlz” sent the memecoin frenzy into overdrive on Tuesday. Just hours after the change, tokens using the name surged and collapsed across Solana, and BNB Chain, with speculators scrambling to ride the wave. Musk’s name change to “Harry Bōlz” is actually a nod of
Elon Musk Name Change Sparks “Harry Bolz” Memecoin Frenzy
Quick Stats: During a speech at The University of Chicago Booth School of Business in London, Bank of England Governor Andrew Bailey emphasized that Bitcoin and stablecoins require separate regulatory frameworks, highlighting the need for stricter oversight on stablecoins while maintaining skepticism toward Bitcoin’s monetary role. Bailey acknowledged that global crypto regulation is in flux,
Bank of England Boss Gives Insight into Stablecoins and Bitcoin Policy
Quick Stats Leading NFT marketplace OpenSea has firmly denied rumors suggesting that it would implement Know Your Customer (KYC) verification as a prerequisite for a speculated token airdrop. The speculation started circulating on X after users shared unverified claims that OpenSea might be gearing up for a token launch similar to Blur’s BLUR or LooksRare’s
OpenSea Dismisses KYC Rumors Amid Speculation of Upcoming Token Airdrop
Quick Facts: James Howells’ decade-long quest to recover his 7,500 Bitcoin fortune has taken a new turn. After a UK court dismissed his case last month, the Newport-based IT engineer now wants to buy the landfill where he believes his lost hard drive, worth £620 million ($768 million), remains buried. Howells originally sought permission from
Bitcoin Hunter James Howells Eyes Landfill Purchase After Court Defeat
Quick Facts: The Base development team has pushed back against rumors that its sequencer is offloading Ethereum (ETH) on the open market, clarifying that recent transfers to Coinbase Custody were strictly for security and auditing purposes. The Ethereum Layer 2 scaling solution Base came under community scrutiny following revelations that its sequencer fee earnings are
Base Responds to ETH Sell-Off Allegations, Calls Transfers a Security Measure
Quick Facts: The crypto industry is rallying behind a major shake-up at the Consumer Financial Protection Bureau (CFPB) as the agency scales back its oversight under the Trump administration. The CFPB faces an uncertain future as Russell Vought, the agency’s acting head and a key figure in the Project 2025 policy initiative, has reportedly instructed
Coinbase and Gemini CEOs Applaud CFPB Overhaul as Crypto Regulation Loosens
Quick Facts: The cryptocurrency market took a sharp downturn on Sunday evening after President Donald Trump announced a fresh round of tariffs, imposing a 25% levy on imported steel and aluminum. The move, aimed at protecting domestic manufacturing, sent shockwaves through global markets, with Bitcoin and major altcoins tumbling as investors reacted to the increasing