The crypto industry has turned into a global memecoin casino

Opinion by: Georgii Verbitskii, founder of TYMIO  Memecoins have dominated the crypto narrative over the past year, leading to a series of high-profile events where most traders lost money while insiders profited. The Libra token alone, by some estimations, resulted in $4.4 billion in public losses. Unlike previous crypto cycles where broad market growth rewarded…

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Sophisticated crypto address poisoning scams drain $1.2M in March

Victims of address poisoning scams were tricked into willingly sending over $1.2 million worth of funds to scammers, showcasing the problematic rise of cryptocurrency phishing attacks. Address poisoning, or wallet poisoning scams, involves tricking victims into sending their digital assets to fraudulent addresses belonging to scammers.   Pig butchering schemes on Ethereum have cost the crypto…

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BFI charity allocates $90M, pledges $200M for health, climate initiatives

Blockchain For Impact (BFI), a charity established by Polygon co-founder Sandeep Nailwal, has committed $90 million to advance biomedical research, driving healthcare innovation, and enhancing climate resilience — a development that could spur blockchain’s adoption for charity initiatives. The Polygon co-founder’s BFI plans to allocate an additional $200 million to support the growth of healthcare…

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AI and crypto drive criminal efficiency: Europol

The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime.  In a threat assessment report on serious and organized crime, Europol stated that AI and crypto play a role in criminal efficiency. The law enforcement organization said criminal networks have demonstrated an ability to…

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Community slams Crypto.com CEO over 70B CRO re-issuance

Major cryptocurrency exchange Crypto.com came under fire following an allegedly manipulated vote leading to a massive token burn reversal on Crypto.com’s Cronos blockchain. Crypto.com CEO Kris Marszalek took to X on March 19 to highlight the firm’s financial and regulatory stability amid the ongoing controversy over the 70 billion Cronos (CRO) token re-issuance. Essentially canceling…

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Bitcoin futures ‘deleveraging’ wipes $10B open interest in 2 weeks

Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says. In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets. Bitcoin sees “essential” event for BTC price rebound Bitcoin derivatives traders have flipped firmly risk-off…

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Bitcoin futures ‘deleveraging’ wipes $10B open interest in 2 weeks

Bitcoin (BTC) exchanges are getting a key “deleveraging event,” which should shape future gains, new research says. In one of its “Quicktake” blog posts on March 17, onchain analytics platform CryptoQuant revealed a $10 billion capitulation on Bitcoin futures markets. Bitcoin sees “essential” event for BTC price rebound Bitcoin derivatives traders have flipped firmly risk-off…

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