In a decisive move, over 93% of WazirX creditors greenlit a restructuring plan to repay victims of a devastating $230 million hack. The July 2024 breach, linked to North Korea’s Lazarus Group, left thousands in financial turmoil. Now, with court approval pending, users could see partial refunds as early as mid-April. Here’s how the embattled crypto exchange plans to turn…
In a bold move signalling its ambition to dominate institutional crypto services, Ripple announced plans to acquire prime brokerage Hidden Road for $1.25 billion. The deal, finalised Tuesday, marks Ripple’s largest purchase to date and positions its XRP Ledger (XRPL) as a hub for tokenised assets. With Hidden Road processing over $10 billion daily, industry leaders call the merger a…
The financial world erupted in chaos this week as President Donald Trump’s abrupt tariff pause sent stocks and cryptocurrencies skyrocketing. Investors scrambled to adjust to the 90-day trade relief, while tensions with China reached a boiling point. Here’s how the drama unfolded and what it means for your wallet. Trump’s Tariff Gambit On April 9, 2025, Trump stunned markets by…
A little-known SaaS company, Janover Inc. (NASDAQ: JNVR), jolted Wall Street this week with an eye-popping 840% stock surge. The catalyst? A sudden pivot from real estate software to Solana blockchain integration. As shares rocketed from $4.44 to $40.25 in hours, investors scrambled to understand: Is this a fleeting frenzy or a blueprint for merging traditional finance with crypto? Let’s…
In a bold move to safeguard millions of retirements, South Korea’s National Pension Service (NPS), which is the world’s third-largest public pension fund, is eyeing blockchain technology to overhaul its $890 billion system. The initiative aims to lock down transaction security, boost transparency, and future-proof the fund amid demographic challenges. Here’s what’s unfolding. Blockchain: A New Shield for Pension Security…
In a dramatic crackdown, Spanish authorities arrested six individuals tied to a sprawling AI-driven investment fraud that swindled over $20 million from 208 victims worldwide. The elaborate scheme, which deployed deepfake videos and fake law enforcement, targeted victims up to three times, leaving financial ruin in its wake. Here’s how the operation unfolded and why experts warn such scams are…
Major Cryptocurrencies have suffered steep losses as global financial markets experience a sharp selloff amid escalating trade tensions. The sudden decline in prices has broken key technical support levels, raising concerns about further downside risks. Following the downfall, most of the coins have entered a bearish zone, signalling a bearish market. We shall understand the price action, key support & resistance…
On September 25, 2020, KuCoin with millions in digital assets, marking one of history’s largest exchange breaches. Stolen funds included Bitcoin, Ethereum, and stablecoins, shaking investor trust. By morning, CEO Johnny Lyu halted withdrawals, vowing full reimbursement. At the same time, blockchain trackers scrambled to trace the loot. How Hackers Breached KuCoin’s Vaults The attackers exploited KuCoin’s hot wallet private…
The crypto revolution is accelerating, and venture capital (VC) firms are pouring billions into blockchain’s most promising projects. From decentralised finance (DeFi) to Web3, these investors aren’t just funding innovation; they’re shaping the digital economy’s backbone. Let’s explore five VC powerhouses driving this transformation and their standout crypto ventures. 1. Andreessen Horowitz (a16z) Andreessen Horowitz (a16z) dominates crypto investing with…
Cryptocurrency users face a growing threat: address poisoning attacks. These malicious acts manipulate wallet addresses to reroute funds, disrupt networks, or steal sensitive data. Attackers exploit weaknesses in blockchain protocols, compromising transaction security. This article breaks down how these attacks work, their impact, and practical steps to avoid them. What Exactly Are Address Poisoning Attacks? Address poisoning attacks involve tampering…
In March 2023, Euler Finance, a star in decentralised finance (DeFi), faced a crisis that threatened its existence. An attacker syphoned $197 million overnight through a flaw hidden in its code. The breach stunned users and experts alike, raising urgent questions: Could a platform once deemed secure recover? And why did the hacker return most of the funds? The answers…
Navigating the volatile cryptocurrency market demands precision. Tracking your portfolio’s performance can mean the difference between profit and loss. Fortunately, advanced tools now simplify this process, offering real-time insights and seamless integrations. Below, we explore five standout platforms that cater to diverse investor needs, from tax reporting to multi-asset tracking. 1. CoinStats Imagine a tool that merges real-time crypto tracking…