CBDC Growth On The Backfoot: Will Centralized Digital Currencies Replace Crypto?
Although in their infancy, 134 countries are now exploring central bank digital currencies (CBDCs). That’s 46 more countries than this time last year. Like it or not, Central Bank Digital Currencies (CBDCs) are on track to dominate. Their rise won’t…
Ethereum Bounces Back as Bybit ‘Closes Gap’ on Hack Losses
Ethereum prices displayed resilience over the weekend, rapidly bouncing back from a slump following the massive hack of the Bybit crypto exchange. The asset slumped 7% in a matter of hours on Feb. 21, falling from $2,832 to $2,629 in…
Infini neobank reportedly hacked for $49.5m
Crypto-focused neobank Infini has reportedly suffered a $49.5 million exploit, with stolen funds being swapped to DAI and used to purchase ETH. CertiK first flagged suspicious activity on Feb. 24 at 3:18 am UTC, noting unauthorized transfers from an Infini-related…
Kanye West plans to drop YZY token and owns 70% of stake after saying ‘coins prey on fans with hype’
Key Takeaways Ye plans to launch YZY token as a way to bypass platforms like Shopify. YZY token distribution allocates 70% to Ye and aims to be the official currency for Ye’s website. Share this article Just days after Kanye…
Woman Sentenced To Nearly 10 Years For $5.7M Fraud Against Bybit In Singapore
A Singapore court has sentenced Ho Kai Xin to nearly 10 years in prison for defrauding cryptocurrency exchange Bybit of $5.7 million through payroll manipulation. The 33-year-old, who pleaded guilty to 44 charges—including cheating and dealing with criminal proceeds—received a…
Tether Co-Founder to Launch Yeild Bearing Stablecoin USP
Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with USDT in an increasingly crowded space that is still dominated by two players. The project will debut a stablecoin called USP on Ethereum and Solana blockchains in…
New meme coin XYZ attracts over $8m, builds strong presale momentum
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse (XYZ) is making waves, raising over $8 million in its presale and building strong momentum ahead of its…
Nansen joins TRON as a Super Representative, enhancing blockchain transparency and governance
Share this article Singapore – February 21, 2025 – Nansen, a leading blockchain analytics platform, is thrilled to announce its appointment as a TRON Super Representative (SR). As a Super Representative, Nansen will play a pivotal role in ensuring the…
SafeMoon CTO Pleads Guilty To Charges In Multimillion-Dollar Crypto Fraud Case
Thomas Smith, the chief technology officer (CTO) of SafeMoon LLC, has pleaded guilty to two charges related to a multimillion-dollar cryptocurrency fraud scheme, according to a court filing dated 20 February 2025. The plea marks a significant development in the…
Over $5.5 Billion Stolen in Pig Butchering Scams: Cyvers Reports
A disturbing trend emerges in the demographic profile of pig butchering scam victims. While older adults have historically been the main targets of financial fraud, these scams now focus on younger, tech-literate individuals. The latest data reveals that those aged…
