Trading
Crime
China extradites mastermind behind $14 billion crypto pyramid scheme
The authorities said the move reflects their efforts to safeguard Chinese citizens from illegal investment schemes.
Crypto
Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Sony's Soneium aims to bridge Web3 and everyday internet services.
Stablecoins
Anchorage Digital launches reward program for PYUSD holders amid $1B milestone
PayPal PYUSD's adoption has soared following the stablecoin expansion to the Solana blockchain.
Tokenization
AVAX rebounds 7% as Grayscale and Franklin Templeton join network
The AVAX price rebounds occured amid new Grayscale and Franklin Templeton blockchain projects on the network.
Stablecoins
Tron founder Justin Sun predicts $4 billion revenue boost with meme strategy
The Tron founder also revealed plans to make the network's decentralized USDD stablecoin competitive in the market.
Exchanges
Coinbase to support Polygon token upgrade from MATIC to POL
The value of the tokens surged by more than 10% after the exchange announced the move.
People
Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Critics says Harris has been making vague cryrpto promises about future changes.
Bankruptcy
Former FTX exec files lawsuit as exchange announces reorganization gains support
FTX reorganization plan appears poised for success despite criticisms over asset valuation.
Mining
Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitfarms is still dealing with Riot Platforms' hostile takeover attempts.
Crypto
Tron surpasses Ethereum and Solana in daily revenue with SunPump craze
SunPump memecoin deployer energizes Tron's market lead over rivals.
Stablecoins
Tether expands fiat portfolio with new UAE Dirham stablecoin
Tether's move comes as UAE stepped up its regulatory effort for fiat-pegged digital assets.
Hacks
Crypto trader loses $55M in DAI to phishing attack using Inferno Drainer kit
The attacker has reportedly converted some of the stolen assets into Ethereum.
