A Texas man obtained a 23-year federal jail sentence for operating a crypto rip-off. The fraud drained practically 1,000 buyers of greater than $20 million via a sham asset-backed token. Robert Dunlap, 55, of Houston, bought a digital asset referred to as Meta-1 Coin from 2018 to 2023. Federal prosecutors within the Northern District of…
Hyperbridge has revised losses from its April 13 exploit to roughly $2.5 million. That is about 10 instances the unique estimate of $237,000. The group disclosed the brand new determine in a post-incident replace on April 16. The revision provides losses from related incentive swimming pools. It additionally displays forensic work throughout 4 EVM chains….
President Donald Trump stated Thursday {that a} US-Iran deal is “wanting superb,” with negotiations between Washington and Tehran set to renew this weekend forward of the present ceasefire’s expiration. The remarks got here as oil costs slipped, US equities pushed to file territory, and crypto markets posted modest features on renewed diplomatic optimism. US Iran…
Key Takeaways ▸ The panel pressed Kalshi on whether or not sports activities contracts are simply “gaming” underneath CFTC guidelines, whereas additionally questioning Nevada’s authorized framing and limits. ▸ The court docket centered on whether or not Congress clearly gave the CFTC authority to override state sports activities betting legal guidelines, or if states nonetheless…
A promise of 6% returns on deposits from a crypto-linked funds platform is elevating purple flags in Washington — and one senator desires solutions. Warren Zeroes In On The Numbers The math doesn’t add up, in line with Sen. Elizabeth Warren. With the federal funds fee sitting between 3.5% and three.75%, X Money’s marketed 6%…
Around 22,200 Bitcoin choices contracts will expire on Friday, April 17, with a notional worth of roughly $1.66 billion. This occasion is a bit smaller than final week’s expiry, so it’s unlikely to have any influence on spot markets. Crypto costs have been climbing slowly this week, with round $150 billion being added to complete…
Dogecoin began an honest improve above $0.0950 towards the US Dollar. DOGE is now consolidating and would possibly goal for an upside break above $0.10. DOGE value began a contemporary improve above $0.0950 and $0.0975. The value is buying and selling above the $0.0965 degree and the 100-hourly easy shifting common. There is a bullish…
Solana-based decentralized alternate (DEX) Drift Protocol has shared the extremely anticipated consumer restoration plan alongside Tether and different collaborators. This transfer follows the main exploit that drained $285 million from the venture’s vaults two weeks in the past. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the biggest decentralized perpetual futures alternate on…
Bitcoin has pushed again above $70,000 and is now testing resistance close to $75,000, driving a wave of danger urge for food that has despatched equities sharply increased throughout world markets. The transfer appears to be like easy on the floor — danger is on, property are rallying, and Bitcoin is collaborating. But an XWIN…
XRP ETF activity is intensifying, and the numbers counsel institutional capital is starting to interact extra aggressively with the asset. A current surge in buying and selling quantity throughout a number of XRP-linked exchange-traded funds has been highlighted by BankXRP, exhibiting that exercise across multiple issuers has expanded quickly. XRP ETF Trading Activity Surges Past…