Balaji Srinivasan Predicts Shift From IPOs and M&As to Crypto Era
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In a recent social media post, former Coinbase CTO Balaji Srinivasan highlighted a potential shift in the tech landscape, suggesting that the era of traditional Initial Public Offerings (IPOs) and mergers and acquisitions (M&A) may be coming to an end, while the crypto era could be just beginning. He pointed out that new regulatory policies […]

Solana Sentiment Turns Negative Amid Meme Coin Casino Allegations
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The sentiment towards Solana on social media has shifted to a negative one. Many analysts and traders are rejecting the chain as a meme coin casino after the Libra incident involving the token shared by Argentine President Javier Milei. Social Sentiment Toward Solana Leans Negative After Libra’s Incident Solana, one of the chains with the […]

Steam Kicks out Pirate Game for Stealing Crypto Wallets
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Valve has removed a game titled Piratefi from its online store Steam after it was discovered to be embedded with malware. Security researchers, including Marius Genheimer from SECUINFRA Falcon Team, revealed to Techcrunch that the malware was designed to trick gamers into installing an info-stealer known as Vidar, which can extract sensitive data such as […]

Coinbase Launches Proof-of-Reserves for cbBTC
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Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple blockchain networks such as Ethereum or Solana. Displaying live proof of bitcoin in custody gives users confidence that at any given […]

Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
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Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […]

Libra’s Hayden Davis Says He Sent Money to Javier Milei’s Sister
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Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted Kelsier $100 million and landed Javier Milei in serious political trouble including a […]