Market
Hacks
UPCX halts transactions after $70 million hack exposes vulnerabilities
UPCX breach highlights a growing trend of security vulnerabilities causing significant digital asset losses in 2025.
Crypto Equities
Crypto venture funding soars to $3.5 billion in March, highest since March 2022
Crypto exchange Binance led the record monthly fundraising, with a $2 billion investment from Abu Dhabi’s MGX.
Crime
Russian darknet dominated crypto drug trade in 2024 with $1.65 billion transactions
Crypto payments make up less than 1% of global illicit drug trade.
Bankruptcy
Backpack begins identity verification to repay FTX EU claimants
This development comes as FTX is about to begin the second phase of its payouts by May 30.
Crypto
Metaplanet becomes 9th-largest corporate Bitcoin holder after new purchase
Metaplanet's innovative Bitcoin financing method doubles its holdings and helps it achieve a Q1 yield of 95%.
Legal
Kentucky drops Coinbase’s staking lawsuit amid growing regulatory shift
Kentucky joins Vermont and South Carolina in dismissing Coinbase lawsuit amidst calls for unified crypto regulation.
Hacks
Hacker falls victim to phishing scam after exploiting ZkLend for millions
ZkLend hacker admits to using fake Tornado Cash platform, inadvertently compounding fund recovery efforts.
Stablecoins
Tether strengthens Bitcoin portfolio with 8,888 BTC acquisition, sits on unrealized profit of $3.86 billion
Tether's consistent Bitcoin purchases place its holdings among the world's top six largest BTC wallets,
Ethereum
Ethereum price decline puts nearly $320 million in DeFi loans at risk of liquidation
Data shows that $246 million in Ethereum collateral at risk if ETH falls near $1,750
Scams
Coinbase users lose $46 million to social engineering scams in March – ZachXBT
ZachXBT emphasizes Coinbase's recurring lapses in detecting fraudulent activity, leading to ongoing user losses.
Crypto
UAE plans to launch digital dirham this year to boost financial inclusion and fight crime
UAE's financial innovation leaps forward as the digital Dirham prepares to support smart contracts and tokenization.
Crypto
Grayscale pushes for Nasdaq listed Avalanche ETF despite AVAX price dip
Emin Gün Sirer sees AVAX ETFs as a bridge to advanced blockchain investment for mainstream investors.