Crypto News

Harpie Ends Its Chain Firewall Project, A Big Setback For The Crypto Industry?

Harpie, a chain firewall project supported by Dragonfly and Coinbase, announced that its service will cease immediately. The project team posted a message on...

South Korean Officials Reveal Significant Virtual Asset Holdings Worth $9.8 Million

The South Korean Government Public Ethics Committee released asset reports for 2025 on public officials. Seoul City Council Member Kim Hye-young reported virtual assets...

Upbit’s 3-Month Partial Business Suspension Sanctions Put on Hold Pending Further Review

Upbit, South Korea’s largest virtual asset exchange, has received a temporary reprieve from the three-month partial business suspension imposed by the Financial Intelligence Unit...

Bitget CEO Raises Concerns Over Hyperliquid’s Risk Management and Warns of Potential FTX-Like Collapse

Bitget CEO Gracy Chen has issued a stark warning about the potential collapse of the decentralized exchange (DEX) Hyperliquid, citing serious flaws in its...

Ethereum Investor Offloads $2.93M After 2-Months Of Dormancy While Facing $5.34M Unrealized Loss

A major Ethereum (ETH) investor, commonly known as a "whale," has returned to market activity after remaining dormant for two months.  The investor withdrew 1,427...

US Senate Repeals Crypto Tax Rule For DeFi Transaction Reporting Requirements, Bill Moves to Trump

The cryptocurrency community applauded the U.S. Senate's decision to withdraw a contentious crypto tax law that compelled decentralized finance (DeFi) platforms to disclose user...

Wyoming Eyes First Public Fiat-Backed Stablecoin, WYST Tested Across 7 Networks

Wyoming plans to launch its own cryptocurrency as early as July. This new token is backed by fiat currency and is fully reserved by...

AMI Token Faces Sharp 12% Decline Following Amnis Finance’s Token $AMI Generation Event on Aptos

The AMI token has experienced a sharp 12.37% decline in value following Amnis Finance’s Token Generation Event (TGE) on the Aptos blockchain.  Amnis Finance, a...

Ethereum’s PECTRA Test Nears Completion on Hoodi Testnet Following Holesky and Sepolia Testing Challenges

Ethereum developers are almost ready to complete the PECTRA test on the Hoodi testnet after encountering a number of difficulties with the Holesky and...

DEXX Hack Confirmed as External Breach with Response Efforts While Compensation Efforts Earn Praise

The DEXX platform has officially confirmed that the recent security breach was an external attack rather than an insider theft.  Yu Xian, the founder of...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...