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KiloEx Cryptocurrency Exploit Hacker Repayment News In a stunning twist, the hacker responsible for a $7.5 million exploit on the KiloEx decentralized exchange has returned $5.5 million worth of cryptocurrency just four days later, following the platform’s offer of a $750,000 bounty for 90% of the stolen assets. This unexpected development highlights the ongoing challenges…
HashKey Capital Launches First XRP Tracker Fund in Asia HashKey Capital has unveiled the XRP Tracker Fund, Asia’s first investment vehicle tailored for institutional investors, backed by Ripple’s initial investment. This innovative fund aims to pave the way for a future ETF and boost institutional engagement in the digital asset space. Background and Context The…
Unlocking Altcoin Potential: The Role of Regulation According to Sygnum, enhanced crypto regulations and growing user engagement could spark significant altcoin growth by Q2 2025, despite Bitcoin’s dominance reaching a four-year peak. The Swiss bank’s predictions highlight the potential for a robust altcoin rally as the regulatory landscape shifts in favor of digital assets. Understanding…
HashKey Capital Launches First Investment Fund Tracking XRP in Asia HashKey Capital has unveiled the HashKey XRP Tracker Fund, positioning it as the first investment fund in Asia specifically designed to track XRP’s performance. This innovative offering allows professional investors to gain exposure to the digital asset without direct management and enhances Ripple’s strategic collaboration…
How Synthetix Plans to Stabilize sUSD Value In response to sUSD’s alarming depegging, Synthetix reveals a robust three-phase strategy to stabilize its stablecoin, emphasizing short, medium, and long-term measures to mitigate risks. Understanding the Current Situation of sUSD The recent decline of Synthetix’s sUSD stablecoin to $0.68 raises significant concerns regarding its stability and future…
Why Rug Pulls Are Becoming More Devastating As the crypto landscape evolves, so do the tactics of fraudsters, with a recent DappRadar report revealing that while the frequency of rug pulls has decreased in 2025, their impact has grown considerably. Analyst Sara Gherghelas highlights that nearly $6 billion has been lost to these schemes this…
David Geffen Countersues Justin Sun Over Sculpture Ownership Billionaire producer David Geffen has filed a countersuit against crypto mogul Justin Sun, labeling Sun’s claims over a multimillion-dollar sculpture as a “sham” and part of a fraudulent scheme. This legal battle, sparked by Sun’s allegations of theft surrounding the Alberto Giacometti sculpture titled “Le Nez,” raises…
Stay Safe: How to Avoid Sophisticated Phishing Attacks on Zoom Manta Network co-founder Kenny Li recently dodged a sophisticated phishing attempt on Zoom, believed to be orchestrated by North Korea’s Lazarus Group. The attack, which involved live recordings and prompts for malware downloads, highlights the critical need for vigilance in virtual meetings. Background and Context…
Yemen Sees Surge in Crypto Adoption via DeFi Platforms Amid ongoing US sanctions targeting the Houthi group, Yemenis are turning to decentralized finance (DeFi) platforms for financial solutions, with over 63% of the country’s crypto web traffic now attributed to DeFi, according to TRM Labs. Understanding Yemen’s Shift Towards DeFi The rise of Yemen crypto…
The Impact of Bitcoin ETFs on Market Stability Recent insights reveal that Bitcoin ETF holders with ‘stronger hands’ may significantly reduce Bitcoin’s volatility over time. Analysts highlight that recent investments, particularly by Michael Saylor’s firm, contribute to the cryptocurrency’s resilience despite prevailing macroeconomic challenges, as observed by Bloomberg’s Eric Balchunas. Understanding the Impact of Bitcoin…
