The repayment occurred days after KiloEx offered the hacker a $750,000 “white hat” hacker bounty if they returned 90% of the stolen value. A hacker behind the $7.5 million KiloEx exploit returned all the stolen funds four days after the attack. Decentralized exchange (DEX) KiloEx had suspended platform operations after suffering the $7.5 million exploit,...Continue Reading

HashKey Capital has launched Asia’s first XRP Tracker Fund with early investment from Ripple, aiming to convert it into an ETF. Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the...Continue Reading

Sygnum says better crypto regulation and user traction could drive altcoin growth in Q2 2025, despite Bitcoin dominance hitting a four-year high. Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum. In its Q2 2025 investment outlook, Sygnum said the...Continue Reading

Billionaire American film producer and collector David Geffen said Sun’s suit was a “sham” and a fraudulent scheme to claim ownership. American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed...Continue Reading

Hackers exploited the popular Bitcoinlib library by uploading fake packages to PyPI, aiming to steal sensitive data.​ Bitcoinlib is an open-source Python library designed to make Bitcoin development easier.  Think of it as a toolbox for programmers who want to create Bitcoin wallets, manage transactions, or build apps that interact with the Bitcoin blockchain. Since...Continue Reading

DeFi platforms account for a big chunk of Yemen’s crypto web traffic, over 63%, while global centralized exchanges account for 18%, blockchain intelligence firm TRM Labs says. Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization.  In...Continue Reading

Manta Network co-founder Kenny Li said he managed to avoid a hack attempt possibly conducted by North Korea’s state-affiliated cyber-attackers. Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware.  The meeting seemed...Continue Reading

The Synthetix team told Cointelegraph it has short, medium and long-term plans to mitigate risks as its sUSD stablecoin remains depegged. The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70.  However, the firm reiterates that this isn’t the first time the...Continue Reading

DappRadar analyst Sara Gherghelas says most rug pulls in 2025 so far have been tied to memecoins, while in 2024 the main culprits were DeFi protocols and NFT projects. There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of...Continue Reading

Bitcoin ETF holders having “stronger hands” will lower Bitcoin’s volatility over the long term, says an analyst. Bitcoin’s relatively stable price movements despite macroeconomic uncertainty is likely due to resilient spot Bitcoin ETF holders and Michael Saylor’s firm continuing to buy aggressively, according to a Bloomberg analyst. “The ETFs and Saylor have been buying up...Continue Reading