Ripple has made a substantial contribution of $25 million to the Fairshake super PAC, demonstrating its commitment to advocating for pro-crypto policies and politicians within the industry. This decision by Ripple comes at a crucial time, as the company is currently embroiled in a legal battle with regulatory bodies like the SEC. The lawsuit filed
Crypto
The recent Harris Poll survey funded by Grayscale revealed that a significant number of American voters are now taking into account a political candidate’s stance on cryptocurrencies before deciding how to vote. This highlights a shift in voter priorities and interests towards digital assets such as Bitcoin. With over 1,700 likely U.S. voters participating in
The cryptocurrency sector has been a hotbed for exploitation, with a total loss of $42.6 million reported in May alone. Flash loan attacks have been the primary cause of these losses, resulting in approximately $20.7 million in damages. Sonne Finance took the hardest hit, losing $20 million, followed by TLN Protocol at $746,000. GPU and
In a fascinating turn of events, two cybersecurity researchers recently assisted an anonymous crypto user in recovering a staggering 43.6 bitcoins (BTC) that he had lost access to 11 years ago. The user, known only as Michael, had set up a wallet in 2013 using a password generated by RoboForm. However, due to a corrupted
Mastercard has taken a significant step forward in the world of cryptocurrency with the launch of its Mastercard Crypto Credential. This new offering aims to simplify and secure blockchain transfers by enabling users on various exchanges to send and receive cryptocurrency using easy-to-remember aliases. This move is set to enhance transaction simplicity and security, ultimately
The Japanese cryptocurrency trading platform, DMM Bitcoin, recently fell victim to a hack resulting in a significant loss of Bitcoin valued at approximately $305 million on May 31st. The exchange confirmed that 4,502.9 bitcoins were drained from their systems during the attack. Despite this confirmation, DMM Bitcoin has not provided additional information regarding the breach.
In the current year, amidst a broader market recovery, the XRP Ledger (XRPL) has witnessed a surge in network activity across various metrics. According to the latest report from Messari, active addresses saw a 37% increase, while transactions surged by 113% quarter-over-quarter (QoQ). This growth can be attributed to a concentrated group of around 45,000
The recent ruling by the U.S. District Court for the District of Utah to dismiss the Securities and Exchange Commission’s (SEC) case against Digital Licensing, known as Debt Box, has caused quite a stir. Not only was the case closed without prejudice, but the SEC was also ordered to pay a substantial amount – approximately
The trend of launching meme coins has significantly increased this year, with many of these coins having questionable ties. Lookonchain’s data has shed light on the dangers associated with trading meme coins, especially those endorsed by celebrities. One recent example is American celebrity Caitlyn Jenner’s JENNER coin, which was introduced on the Solana blockchain. Despite
Blockchain analysis firm Nansen recently revealed that DBS Bank, a prominent banking institution in Singapore, has emerged as a significant player in the world of cryptocurrency. A crypto wallet allegedly owned by DBS Bank contains a substantial amount of 173,753 Ether (ETH), with a market value of approximately $650 million. The wallet, which came under