Patrick Adeka

In a major move aimed at cementing its dominance in the Australasian crypto market, Australian-based exchange Swyftx has completed the acquisition of New Zealand’s top digital asset platform, Easy Crypto. This strategic acquisition positions Swyftx as one of the largest players operating across both Australia and New Zealand, bolstering its user base and market influence.

Yeet, a newly launched crypto casino and sportsbook, has successfully raised $7.75 million in a funding round led by prominent venture capital firm Dragonfly. The round also saw participation from influential figures in the crypto space, including Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino. The platform was founded by seasoned crypto personalities

South Korean prosecutors have formally requested a 10-year prison sentence for a man who violently attacked the CEO of local crypto custody firm Haru Invest during a court hearing last year. The sentencing request was made as a result of the severity of the assault as perceived by prosecutors. The incident occurred in August 2024

Solana-based decentralized exchange Raydium is preparing to step into the booming memecoin sector with its own memecoin factory platform, positioning itself as a direct competitor to the rapidly popular Pump.fun. The new product is reportedly named LaunchLab. Sources familiar with the matter have confirmed that Raydium is developing a one-click token deployment platform, allowing users

In a recent security breach, the artificial intelligence-driven cryptocurrency trading bot AIxBT suffered a loss of approximately 55.5 ETH, equivalent to around $100,000. The incident occurred after an attacker gained unauthorized access to the bot’s infrastructure, exploiting vulnerabilities that led to the substantial theft. AIxBT, built on the Virtuals Protocol, is marketed as an autonomous

Michael Saylor-led Strategy, formerly known as MicroStrategy, has announced plans to raise up to $500 million through a fresh stock offering, with proceeds earmarked for expanding its already substantial Bitcoin holdings. According to an official press release, the company is introducing a new class of perpetual preferred stock called Strife, which carries a fixed annual

Global crypto liquidity provider Cumberland has secured in-principle approval from Singapore’s financial regulator to operate under the country’s stringent Payment Services Act. The move marks a significant milestone in Cumberland’s efforts to expand its regulated services in Asia, particularly as institutional demand for crypto trading and payments grows across the region. The Monetary Authority of

BnB network-based Four.meme coin launchpad suffered a security breach in the early hours of the day on March 18, resulting in the loss of more than 300 BnB worth of liquidity. The latest attack on Four.Meme marks the second major exploit the launchpad has suffered in the past two months, once again exposing vulnerabilities in