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Elon Musk says the major outage that disrupted his social media platform X for hours on Monday was due to a “massive cyberattack.” Adding another layer to the story, this outage occurred alongside a significant dip in Bitcoin, which saw the world’s leading cryptocurrency fall to under $80,000. Data from Downdetector reveals the scale of

Remember that massive $150 million crypto heist targeting Ripple’s co-founder, Chris Larsen? Well, it seems we might finally know what went wrong. Cybercriminals reportedly gained access by exploiting a major security flaw: Larsen’s private keys were apparently stored in the popular password manager, LastPass. This revelation comes from none other than crypto investigator ZachXBT, who

XRP Twist: Founders’ Lobbying Secured Sell-Only Stockpile Ripple and its co-founders had a grand vision: spending millions on political donations, they hoped to see the US government scoop up XRP for its crypto reserve. But that dream crashed down at 7:11 pm yesterday, as their lobbying efforts reached a devastating conclusion. The moment of truth

Remember back in November 2022 when Sam Bankman-Fried’s FTX empire crumbled? It wasn’t a slow burn; it was a sudden implosion into bankruptcy, all thanks to insolvency. Turns out, billions in customer cash had vanished, funneled into various investments, lost to hacks, and stashed in a chaotic mess of digital wallets. The fallout was swift.

USDT Threat: Russian Wallets at Risk Crypto exchange Garantex in Russia is sounding the alarm for its users. They’re warning that “all USDT in Russian wallets is currently under threat.” This comes after Tether, the company behind the major stablecoin, froze a significant $27 million worth of USDT on their platform. Adding to the disruption,

It seems President Nayib Bukele of El Salvador needed more than just his bitcoin experiment to keep his administration afloat. He has now agreed to tough loan terms from the International Monetary Fund (IMF) to secure vital funding. The financial disclosure conditions of this new 40-month, $1.4 billion loan arrangement are quite strict, requiring the

Hold your horses, crypto traders! Liberland, the micronation with big blockchain ambitions, has just announced another delay to its bridge project. This bridge is supposed to let people move their Liberland LLD tokens over to Justin Sun’s TRON blockchain. It’s the second time they’ve pumped the brakes on this, and this time they’re vaguely citing

SEC halts major crypto cases Under Donald Trump’s new administration, it looks like the Securities and Exchange Commission (SEC) is dramatically shifting its approach to crypto regulation, leading to a rapid wave of dropped lawsuits. In fact, this month alone, the SEC has already withdrawn legal action against a striking number – six major crypto

Max Burwick, the Managing Partner and Founder of Burwick Law, is facing scrutiny as evidence suggests he might be the one who launched DOGSHIT2, the very token at the heart of their ongoing lawsuit against Pump Fun—despite his firm’s denials of any involvement. Crypto influencer Wirelyss has uncovered compelling research indicating that the “Bigbl” account,

El Salvador, known for its pioneering adoption of Bitcoin, has just received a significant financial boost. On Wednesday, the International Monetary Fund (IMF) executive board approved a $1.4 billion loan for the country. However, this financial lifeline comes with a condition: El Salvador must scale back its deep dive into the world of cryptocurrency. This