Starknet has $629 million in value locked, making it the top ZK-rollup-based layer-2 and reached a decentralization milestone, operating with limited “training wheels.” Ethereum layer-2 scaling platform Starknet has reached a decentralization milestone laid out by Ethereum co-founder Vitalik Buterin and is now the largest zero-knowledge rollup-based network by total value locked. Starknet said in...Continue Reading

Another 12 people have been charged over a massive crypto theft ring, which at one point stole 4,100 Bitcoin from a single person. Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins...Continue Reading

The Securities and Exchange Commission has questioned Coinbase’s 2021 claim that it had more than 100 million “verified users” in the ongoing investigation. Coinbase stock dipped after news broke of a cyberattack that exposed customer data and an ongoing Securities and Exchange Commission investigation over misstated user numbers in 2021. The double whammy of bad...Continue Reading

An “unauthorized modification” made to the chatbot’s response prompt made Grok go off the rails, according to Elon Musk’s AI firm. Elon Musk’s artificial intelligence firm xAI has blamed an “unauthorized modification” to the Grok chatbot’s response, causing it to generate responses mentioning political and racial tensions in South Africa.  On May 16, xAI provided...Continue Reading

Hackers are using deepfake voice messages to steal data from individuals, many of whom are current and former US federal and state officials. Deepfake-assisted hackers are now targeting US federal and state officials by masquerading as senior US officials in the latest brazen phishing campaign to steal sensitive data.  The bad actors have been operating...Continue Reading

Brazilian fintech firm Méliuz’s shareholders officially approved a Bitcoin treasury proposal on May 15, with the firm also announcing it acquired another 274.5 Bitcoin. Méliuz’s executive chairman says his fintech firm has become Brazil’s first publicly-traded Bitcoin treasury company following shareholder approval, with the firm also announcing it bought $28.4 million worth of Bitcoin to...Continue Reading

US government charges against Tornado Cash co-founder Roman Storm were slightly pared back after a memo said the Justice Department would end most crypto cases. US federal prosecutors are pressing ahead with their case against Tornado Cash founder Roman Storm, but will drop a small part of their indictment after the Department of Justice rolled...Continue Reading

Wisconsin, one of the first US states offering Bitcoin exposure to its retirees, previously held over 6 million shares in BlackRock’s Bitcoin ETF. The State of Wisconsin Investment Board (SWIB), which oversees the state’s retirement funds, unloaded its shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, filings show. The Wisconsin Investment...Continue Reading

The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said. Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15.  The Singaporean company clocked...Continue Reading

The US Senate is expected to take up another vote on the GENIUS Act within days, but it’s unclear whether the bill’s supporters will address concerns from Democrats. Coinbase chief legal officer Paul Grewal addressed some of the concerns raised by US lawmakers and industry leaders around President Donald Trump’s crypto ventures, and how they...Continue Reading