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Blockchain investigator ZachXBT has identified hackers tied to North Korea’s Lazarus Group laundering $1.95 million worth of stolen crypto through the mixer Tornado Cash. North Korea’s Hackers Use Tornado Cash to Obfuscate the Trail of $1.95M Ethereum The theft originated from a May 16, 2025, attack where a victim lost $3.2 million from multiple Solana … Read more
The Q1 2025 report from Messari indicates a significant slowdown in transaction activity within the Polkadot ecosystem, with a 36.9% quarter-over-quarter drop to 137.1 million transactions. Critics argue that Polkadot’s performance does not match the expectations set by its funding and hype. Mixed Developer Activity According to Messari’s State of Polkadot Q1 2025 report, transaction … Read more
A federal judge dealt a major setback in the high-stakes XRP case, rejecting Ripple’s deal with the SEC and enforcing the full penalty and legal restrictions. Judge Rejects Ripple-SEC Agreement, Upholding Full Penalty and Legal Restraints U.S. District Judge Analisa Torres ruled on June 26 that Ripple Labs cannot dissolve a court-imposed injunction or reduce … Read more
The Internal Revenue Service (IRS) has significantly increased the number of warning letters sent to crypto investors, causing anxiety among users. This uptick is seen as a precursor to a broader enforcement initiative, especially with new 1099-DA regulations set to take effect next year. Looming Enforcement Wave Warning letters sent to crypto investors by the … Read more
The recent data breach compromising 16 billion login credentials has raised questions about the relevance of passwords. Some experts argue it’s time to abandon reliance on centralized databases and embrace a privacy-first mindset that leverages decentralization. Call For Shift to ‘Privacy-First’ Mindset The bombshell revelation of a massive data breach, compromising 16 billion login credentials, … Read more
The U.S. missile attack dubbed “Operation Midnight Hammer” apparently fell short of wiping out Iran’s nuclear sites—namely Fordo, Natanz, and Isfahan—according to a CNN report. The news outlet’s intelligence source said the damage might only delay Iran’s nuclear progress by a few months. At the same time, U.S. Defense Secretary Pete Hegseth pushed back and … Read more
A U.S.-brokered ceasefire between Israel and Iran collapsed within hours amid mutual accusations of violations and public frustration from President Donald Trump. Fragile Israel-Iran Ceasefire Shatters Within Hours A ceasefire announced by U.S. President Donald Trump between Israel and Iran rapidly unraveled early Tuesday, with both sides launching new attacks and accusing the other of … Read more
U.S. Senator Adam Schiff has introduced the “Curbing Officials’ Income and Nondisclosure (COIN) Act,” aimed at preventing the president, vice president, and their immediate families from using their positions for personal financial gain. Act Seeks to Block Officials From Endorsing Tokens Bearing Their Names U.S. Sen. Adam Schiff has introduced a bill barring the U.S. … Read more
Bitcoin briefly fell below $100,000 amid rising geopolitical tensions but quickly rebounded. Despite over $1 billion in liquidations, markets appear to be stabilizing ahead of key U.S. economic events. Geopolitics Jolt Markets as Bitcoin Dips Below $100,000 but Rebounds Swiftly Bitcoin dropped to $98,200 on Sunday, June 22, its lowest level since crossing $100,000 on … Read more
As conflict brews across the Middle East, U.S. airstrikes on Iran have reignited worries that Tehran might block oil flows through the Strait of Hormuz. Goldman Sachs analysts are now pointing to a growing risk premium in oil markets, with attention locked on threats to one of the world’s most vital shipping routes for energy. … Read more
