The cryptocurrency landscape is rife with innovation and opportunity, but it also harbors a darker side. Recent discussions from the podcast “The Chopping Block” unveiled a disturbing scandal involving the OM token, connected to the Mantra team and certain market makers. What transpired is a sobering reminder of how easily deception can be woven into
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Bybit’s recent announcement to phase out its Web3 products by May 2025 marks a pivotal moment in the cryptocurrency landscape. While the move may be framed as a strategic shift towards efficiency and user-centered products, the reality is far more complex. The discontinuation of services like Bybit’s Cloud Wallet and Keyless Wallet raises serious questions
On April 15, a significant disruption occurred within Amazon Web Services (AWS) that unleashed a wave of skepticism about the resilience of centralized architectures within the cryptocurrency sector. This sudden outage served as a stark reminder of the vulnerabilities that accompany relying on centralized platforms, especially those purporting to offer a decentralized digital ecosystem. In
On April 13, the cryptocurrency landscape witnessed a shocking downturn when OM, the native token of the Mantra blockchain, saw its value plummet from a respectable $6.30 to a staggering low of below $0.50. This catastrophic drop not only erased a heartbreaking $5 billion from its market capitalization but also left investors reeling as numbers
In a marked display of corporate accountability, Coinbase has taken a bold stance against the Federal Deposit Insurance Corporation (FDIC), challenging its recent request to delay the release of crucial documents pertaining to the alleged debanking of cryptocurrency firms. Coinbase argues that the FDIC’s move is not only unwarranted but also illustrates a disturbing pattern
The South Korean crypto landscape is at a pivotal juncture. Major banks in the nation are advocating for a critical shift in the country’s restrictive crypto policy. The crux of the issue lies in South Korea’s one-bank-per-exchange rule, a relic from 2018 initially crafted to combat money laundering. However, this regulation has proven to be
On April 8, 2025, the cryptocurrency landscape welcomed a monumental shift with the listing of SUN (SUN) on Kraken, one of the world’s preeminent cryptocurrency exchanges. This event is not just another token entry; it signals a pivotal moment in the evolution of decentralized finance (DeFi) within the TRON ecosystem. The introduction of major trading
The financial landscape is continuously evolving, and BlackRock is at the forefront of it with its groundbreaking approach to Bitcoin custodianship. The recent announcement of its partnership with Anchorage Digital Bank as an additional custodian for its iShares Bitcoin Trust (IBIT) is not just a strategic move; it’s a pivotal moment in the realm of
In a startling turn of events, the ongoing tax evasion saga involving Binance and the Nigerian Federal Inland Revenue Service (FIRS) has reached a critical juncture. With the Nigerian court pushing the next hearing to April 30, anticipation builds as this case takes on monumental proportions. The FIRS is seeking an astonishing $2 billion in
Coinbase Derivatives has made headlines by petitioning the Commodity Futures Trading Commission (CFTC) for approval to launch futures contracts for XRP. If authorized, trading could commence as early as April 21, 2025. This is more than just a move to expand their product line; it symbolizes a calculated effort to enhance XRP’s legitimacy within a