Ethereum’s validator exit queue has swelled dramatically since July 16. According to Galaxy Digital, this was driven less by speculative profit-taking and more by structural stresses triggered by spiking ETH borrow rates and the unwinding of leveraged staking strategies. Ethereum’s Exit Queue Chaos Beginning mid-July, ETH borrow rates on Aave surged from a stable 2-3%…
A lengthy sentence, along with hefty fees, is what awaits a resident of the southwestern U.S. state who facilitated the hiring of numerous people using stolen identities. The rise of the DPRK threat is a global concern, and its tactics are becoming increasingly sophisticated. Details on The Arrest A press release shared by the Office of…
This past week, a fresh wave of retail euphoria swept through U.S. equities and crypto markets, with meme stocks roaring back into vogue and altcoins teasing the arrival of a long-awaited altseason. According to the latest Binance Research report, the risk-on sentiment was powered by strong economic data, AI-driven tech optimism, and institutional crypto flows,…
Halfway through 2025, the crypto industry has already suffered over $3.1 billion in losses from hacks, scams, and exploitations. According to Hacken’s latest report, this year has emerged as one of the most damaging in recent memory. Access-Control Exploits Dominate Losses The latest figure surpasses last year’s $2.85 billion by over 6%, as security lapses…
Just a few weeks after announcing new 30% tariffs against the European Union and Mexico, US President Donald Trump sat down with the former’s leader to discuss deal terms. The meeting between Ursula von der Leyen and Trump in Turnberry, Scotland, appeared to be productive, as both parties said they reached a framework for a…
Base, the Coinbase-incubated Ethereum Layer 2 network, has emerged as the most profitable rollup in the ecosystem, as it generated an average of $185,291 in daily revenue over the past six months. With the latest figure, Base has far outpaced Arbitrum’s $55,025 and the combined $46,742 of 14 other top Layer 2s. Base Captures Majority…
Publicly listed biotechnology company, Windtree Therapeutics, announced plans to secure up to $520 million in funding to expand its BNB crypto reserves. It disclosed that it has entered a Common Stock Purchase Agreement for an equity line of credit (ELOC) of up to $500 million, alongside a separate $20 million stock purchase agreement with Build…
Senegal has officially scrapped Akon’s much-hyped plans to build a futuristic, crypto-powered city on its Atlantic coast. The West African country is reclaiming most of the land once set aside for the project and shifting focus to a scaled-back, privately funded tourism hub. “Real-Life Wakanda” No More First announced in 2018 and branded as a…
At the time of this writing, Bitcoin (BTC) was trading just over $118,000, after recovering from a dip that took it to a two-week low at $114,500 on July 24. But behind the relatively calm price action, a potentially explosive narrative is gathering steam. Proponents say we’re witnessing the most calculated supply shock in crypto…
The U.S. Department of Justice is cracking down on yet another cryptocurrency fraud ploy. The losses amount to tens of millions, and it’s expected that more will be identified. An Elaborate Scheme The U.S. Attorney’s Office in the Western District of Washington filed a civil action on Tuesday, demanding the forfeiture of cryptocurrency assets valued…