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Ethereum watchers are keeping a close eye on two massive crypto ‘whale’ accounts. These positions teetered on the edge of liquidation yesterday, with a hefty $229 million in combined collateral hanging in the balance. After another tough weekend that saw Ether’s value drop by roughly 10%, the liquidation of such enormous amounts could have pushed

Ethereum took a major step on September 15, 2022, switching its blockchain from a work-based security system to a financialized proof-of-stake (PoS) model. Ever since this shift, known as the Merge, ether (ETH) has been hitting new lows when measured against bitcoin (BTC). The Merge, along with earlier updates like EIP-1559, was intended to shed

A Forbes article focusing on Justin Sun – the founder of Tron and also, somewhat unexpectedly, the prime minister of Liberland, the pro-blockchain micronation – got a geographical detail wrong, leading to a correction from the self-proclaimed nation itself. Forbes had stated Liberland was located in Croatia. Taking to their X account, Liberland responded to

Big changes could be on the horizon for crypto taxes in Germany. The Social Democratic Party (SPD) is proposing a significant overhaul, aiming to scrap the current rule that lets you sell crypto tax-free after holding it for a year. Instead, they want to apply a flat 30% capital income tax to all profits from

Crypto influencer Ben Armstrong, formerly known as BitBoy, is making headlines again – and not in a good way. He’s been arrested for the second time after allegedly sending a barrage of emails to a judge whom he’s publicly disparaged as “corrupt” and even a “future convicted felon.” Armstrong, who has already been denied bail,

Abracadabra, the DeFi lending protocol, has become the latest victim of a significant crypto exploit, losing around $13 million. Initial reports suggest the attack might be connected to vulnerabilities in specific collateral tokens used within the platform. The alarm was raised by Peckshield, a well-known crypto security audit firm, which pinpointed the breach. The hack

A mystery figure in the crypto world, reportedly embroiled in a massive $10 billion divorce, might have just found a surprising ally and legal advisor: the ever-controversial crypto heavyweight, Justin Sun. Last week, crypto influencer @cryptobraveHQ dropped a bombshell on X (formerly Twitter): the ex-boss of a major crypto exchange is reportedly going through a

Big news in the crypto world today! The US Office of Foreign Assets Control has taken Tornado Cash, the crypto mixer, off its sanctions list. According to a statement from the US Treasury Department, the decision to remove sanctions on Tornado Cash came after a review of “novel legal and policy issues.” These issues were

This morning, Michael Saylor proudly announced that his company had increased its fundraising deal from $500 million to a whopping $722.5 million. However, to seal the deal, he sweetened the pot with improved terms for the STRF preferred stock dividend – details that were noticeably absent from his celebratory tweet. To be precise, Strategy, the

Crypto platform Zoth, specializing in real-world asset (RWA) restaking, has become the latest victim of a cyberattack. A staggering $8.4 million in staked USD0++ was siphoned from the platform after hackers exploited a vulnerability in its proxy contract. The alarm was first raised earlier today by X user @0xtroll, who flagged the suspicious activity. Blockchain