The American lost $2.4 million due to the leak of Coinbase data
Sculptor Ed Suman from Los Angeles lost his retirement savings - 17.5 BTC and 225 ETH — after he entered his seed phrase on a phishing site. The scammers obtained his personal data due to a leak of information from Coinbase.
Suman claims that he has not received any warnings from the exchange. Coinbase previously stated that less than 1% of active customers were affected, but no compensation has yet been reported.
Sculptor Ed Suman from Los Angeles lost his retirement savings - 17.5 BTC and 225 ETH — after he entered his seed phrase on a phishing site. The scammers obtained his personal data due to a leak of information from Coinbase.
Suman claims that he has not received any warnings from the exchange. Coinbase previously stated that less than 1% of active customers were affected, but no compensation has yet been reported.
🇫🇷 France has banned Pavel Durov from traveling to the United States
The Telegram founder was denied permission to travel to the United States, where he planned to meet with investors. The decision was made by the Paris Prosecutor's office on May 12, considering that "the trip does not seem necessary or justified."
Earlier, Durov said that he was under pressure from the French authorities, including the head of intelligence, to limit "conservative voices" in Telegram before the elections in Romania. Paris denies these accusations.
The Telegram founder was denied permission to travel to the United States, where he planned to meet with investors. The decision was made by the Paris Prosecutor's office on May 12, considering that "the trip does not seem necessary or justified."
Earlier, Durov said that he was under pressure from the French authorities, including the head of intelligence, to limit "conservative voices" in Telegram before the elections in Romania. Paris denies these accusations.
⚖️ Bancor sued Uniswap for patent infringement, claiming that an international automated market maker uses their technology without permission.
This move opens a new front in the legal battle in DeFi and may negatively affect innovation in the industry. The issue of intellectual property compliance is becoming increasingly relevant in the rapidly developing crypto space.
#Bancor #Uniswap #DeFi
This move opens a new front in the legal battle in DeFi and may negatively affect innovation in the industry. The issue of intellectual property compliance is becoming increasingly relevant in the rapidly developing crypto space.
#Bancor #Uniswap #DeFi
🏙️ New York Mayor Eric Adams has announced the creation of a digital advisory council aimed at positioning the city as the "crypto capital of the world."
At the first New York Crypto Summit, he emphasized the importance of using cryptocurrencies and blockchain technologies to create jobs and improve urban services. Although details about the council have not yet been disclosed, the mayor promised that new recommendations will be received soon.
This initiative highlights NYC's proactive approach to adopting new technologies and has the potential to significantly impact the city's economy and its role in the global crypto landscape. 🌍
#NYC #CryptoCouncil #Blockchain
At the first New York Crypto Summit, he emphasized the importance of using cryptocurrencies and blockchain technologies to create jobs and improve urban services. Although details about the council have not yet been disclosed, the mayor promised that new recommendations will be received soon.
This initiative highlights NYC's proactive approach to adopting new technologies and has the potential to significantly impact the city's economy and its role in the global crypto landscape. 🌍
#NYC #CryptoCouncil #Blockchain
In London , a US tourist was robbed of $123,000 in cryptocurrency after riding with a fake Uber driver
The man was offered a cigarette, presumably with psychotropic substances, which is why he reported the PIN code from the phone. The attacker gained access to the Revolut application and withdrew $123,000 in BTC and XRP.
Conclusion: don't smoke, especially with strangers.
The man was offered a cigarette, presumably with psychotropic substances, which is why he reported the PIN code from the phone. The attacker gained access to the Revolut application and withdrew $123,000 in BTC and XRP.
Conclusion: don't smoke, especially with strangers.
📈In recent hours, there has been a rapid growth of income-backed stablecoins to $11 billion, which is 4.5% of the total market. This is a dramatic increase from $1.5 billion in early 2024!
🔥The main player in this market is Pendle, which now accounts for 30% of the funds locked in income-backed stablecoins.
✅ The SEC approval imposes clear rules on this segment, emphasizing their importance in the modern financial ecosystem. The interest in advanced financial technologies is clearly growing!
#stablecoins #Pendle #SEC
🔥The main player in this market is Pendle, which now accounts for 30% of the funds locked in income-backed stablecoins.
✅ The SEC approval imposes clear rules on this segment, emphasizing their importance in the modern financial ecosystem. The interest in advanced financial technologies is clearly growing!
#stablecoins #Pendle #SEC
🥈SEC Sues Unicoin Over Alleged $100 Million Fraud🥈
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and three of its top executives, alleging they defrauded investors of over $100 million by making false and misleading claims about real-world assets backing the company’s token.
In a press release dated May 20, the SEC named the defendants as Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The three are accused of providing false information regarding the value and legal nature of Unicoin token rights certificates and company shares, in an effort to lure thousands of investors.
The SEC stated that Unicoin attracted investments with fabricated promises about asset-backed tokens, misleading investors into believing the offerings were legally sound and securely backed.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency platform Unicoin and three of its top executives, alleging they defrauded investors of over $100 million by making false and misleading claims about real-world assets backing the company’s token.
In a press release dated May 20, the SEC named the defendants as Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former Chief Investment Officer Alex Dominguez. The three are accused of providing false information regarding the value and legal nature of Unicoin token rights certificates and company shares, in an effort to lure thousands of investors.
The SEC stated that Unicoin attracted investments with fabricated promises about asset-backed tokens, misleading investors into believing the offerings were legally sound and securely backed.
📈SEC Delays 21Shares’ XRP ETF Application📈
The SEC has delayed 21Shares’ application for an XRP ETF despite strong optimism fueled by recent regulatory developments. In addition to this initial hurdle, the Commission has also postponed at least three other altcoin ETF applications.
However, ETF analysts remain confident that the SEC will eventually approve these products. Government agencies operate on slow timelines, and the Commission often delays decisions whenever possible.
The SEC has delayed 21Shares’ application for an XRP ETF despite strong optimism fueled by recent regulatory developments. In addition to this initial hurdle, the Commission has also postponed at least three other altcoin ETF applications.
However, ETF analysts remain confident that the SEC will eventually approve these products. Government agencies operate on slow timelines, and the Commission often delays decisions whenever possible.
➡️ Binance Wallet experiences a liquidity surge thanks to the Alpha campaign: The wallet platform becomes the new focal point of cash flow.
On May 14th, many on-chain investors were surprised when the 24-hour volume on Binance Wallet suddenly exceeded $5.9 billion – an unprecedented growth in the platform's history. Placed in the context of a market with almost "flat" prices and a gradually weakening memecoin wave, this is an unusual phenomenon with many hidden implications behind each swap click.
What is driving this decisive shift in liquidity flow, turning a wallet product – often seen as a "supporting tool" – into the center of attention?
On May 14th, many on-chain investors were surprised when the 24-hour volume on Binance Wallet suddenly exceeded $5.9 billion – an unprecedented growth in the platform's history. Placed in the context of a market with almost "flat" prices and a gradually weakening memecoin wave, this is an unusual phenomenon with many hidden implications behind each swap click.
What is driving this decisive shift in liquidity flow, turning a wallet product – often seen as a "supporting tool" – into the center of attention?
😇 CS2 Skins Outperform Stocks, Bitcoin, and Gold
Investing in Counter-Strike 2 skins is no longer just for gamers — it’s becoming more profitable than traditional assets.
According to recent data, the return on investment (ROI) for CS2 skins has reached 0.34, surpassing:
— US stock market (0.25)
— Bitcoin (0.21)
— Gold (0.12)
With an average annual return of 41% (around 3.42% monthly), skins are turning into digital gold — literally.
Investing in Counter-Strike 2 skins is no longer just for gamers — it’s becoming more profitable than traditional assets.
According to recent data, the return on investment (ROI) for CS2 skins has reached 0.34, surpassing:
— US stock market (0.25)
— Bitcoin (0.21)
— Gold (0.12)
With an average annual return of 41% (around 3.42% monthly), skins are turning into digital gold — literally.
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🪙BTC breaks $111,000, hitting a new ATH
🌟Hacker attack on Coinbase: 69,400 users' data stolen!
The attacker, who was not afraid to challenge the investigation, left a message on the blockchain after transferring $42.5 million from BTC to ETH. This situation calls into question the security of the platform and its ability to protect customer funds. 🔒
#Coinbase #hacker attack #security
The attacker, who was not afraid to challenge the investigation, left a message on the blockchain after transferring $42.5 million from BTC to ETH. This situation calls into question the security of the platform and its ability to protect customer funds. 🔒
#Coinbase #hacker attack #security
🚨 The founder of Amalgam Capital Ventures, Jeremy Jordan-Jones, has been accused of defrauding investors of over $1 million through a fake blockchain platform. 💰
Using fraudulent documents and false partnerships, he created the appearance of a successful business. The charges include securities fraud and identity theft. 🔍
This case highlights the risks in the crypto industry and will send a signal to investors and regulators about the need for vigilance. ⚠️
#fraud #extreme #Crypto Industry
Using fraudulent documents and false partnerships, he created the appearance of a successful business. The charges include securities fraud and identity theft. 🔍
This case highlights the risks in the crypto industry and will send a signal to investors and regulators about the need for vigilance. ⚠️
#fraud #extreme #Crypto Industry
🚀 Trump's senior adviser on cryptocurrencies, David Sachs, said that the bill on stablecoins (GENIUS Act) is preparing to advance in the Senate with bipartisan support.
An important procedural vote was held with the participation of 15 Democrats, which helped to overcome the filibuster threshold. If the bill is passed, it could create "trillions of dollars" in demand for U.S. Treasury bonds and provide a legal framework for stablecoins.
Sachs stressed that clear rules can attract significant investments into the country's economy, which will make this news relevant for all participants in the financial markets.
#stablecoins #GENIUSact #regulation
An important procedural vote was held with the participation of 15 Democrats, which helped to overcome the filibuster threshold. If the bill is passed, it could create "trillions of dollars" in demand for U.S. Treasury bonds and provide a legal framework for stablecoins.
Sachs stressed that clear rules can attract significant investments into the country's economy, which will make this news relevant for all participants in the financial markets.
#stablecoins #GENIUSact #regulation
🟥 The Democrats introduced the "Stop TRUMP in Crypto Act" — a few hours before Trump's crypto dinner
On the eve of Donald Trump's private dinner with 220 of the largest holders of his memcoin in Washington, Congresswoman Maxine Waters introduced the bill "Stop TRUMP in Crypto Act of 2025" to the US House of Representatives.
The bill is aimed directly at Donald Trump, who, according to Waters, "enriched himself through memcoin" and "can use the crypt to circumvent campaign financing and transactions with foreign countries."
As confirmation, Justin Sun's participation (under investigation in the United States) in Trump's crypto dinner, which invested $22 million in his memcoin and tens of millions in other family—related projects.
On the eve of Donald Trump's private dinner with 220 of the largest holders of his memcoin in Washington, Congresswoman Maxine Waters introduced the bill "Stop TRUMP in Crypto Act of 2025" to the US House of Representatives.
The bill is aimed directly at Donald Trump, who, according to Waters, "enriched himself through memcoin" and "can use the crypt to circumvent campaign financing and transactions with foreign countries."
As confirmation, Justin Sun's participation (under investigation in the United States) in Trump's crypto dinner, which invested $22 million in his memcoin and tens of millions in other family—related projects.
🔥 World (WLD) raises $135 million from a16z and Bain Capital
World – the company behind the digital identity network World Network – has successfully raised $135 million by selling WLD tokens to two long-time investors: Andreessen Horowitz (a16z) and Bain Capital Crypto.
This funding aims to expand World Network's operations in the U.S. and globally, while also developing the infrastructure for World ID – a tool for verifying human identity in the digital space.
World – the company behind the digital identity network World Network – has successfully raised $135 million by selling WLD tokens to two long-time investors: Andreessen Horowitz (a16z) and Bain Capital Crypto.
This funding aims to expand World Network's operations in the U.S. and globally, while also developing the infrastructure for World ID – a tool for verifying human identity in the digital space.