Chainlink has surged by almost 8% over the past week despite choppy price action across the broader crypto market. The crypto asset may be setting up for a major move, according to crypto analyst Ali Martinez. What makes the setup particularly interesting is that some of the signals now appearing on LINK’s chart have historically […]
Boltz has suspended its Bitcoin swap service after a series of AI-assisted attacks caused losses for the bootstrapped five-person company, with the shutdown announced on August 3 and a new group of veteran Bitcoiners now preparing to take over the project. The episode points to a growing security problem for small open-source crypto services, where […]
Layer-1 chain Flare has announced that FXRP now works as collateral on Derive, letting XRP holders trade on-chain options and perpetual futures from their own wallets. According to a press release shared with CryptoPotato, holders can mint FXRP through Flare’s FAssets system, deposit it on Derive, and run positions from a single Portfolio Margin V2 […]
US President Donald Trump was sued on August 12 in federal court in Manhattan over Truth API, the Truth Social feed that delivers his posts to paying subscribers for as much as $100,000 a month. Citizens for Responsibility and Ethics in Washington filed the complaint alongside Yale Law School’s Media Freedom and Information Access Clinic, […]
Goliath Ventures and its CEO, Christopher Alexander Delgado, are facing action from two US financial regulators over the same alleged crypto Ponzi scheme. The actions came two months after Delgado pleaded guilty to charges in the case. Regulators Target Goliath The Commodity Futures Trading Commission filed a complaint against the company and Delgado in the […]
Bitcoin moved toward the top of its range last week as institutional demand through U.S. spot ETFs strengthened. Cooler employment data reduced expectations for an immediate Federal Reserve rate hike, but persistent selling pressure kept the move contained. The stronger ETF demand was reflected in $865.3 million of net inflows across five straight sessions, the […]
Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’s currency swap facility. Hayes says the mechanics point to a wave of dollar liquidity hitting the global markets, and […]
On August 9, a bridge connecting the XRP Ledger and Coreum (now rebranded as tx) lost close to 200,000 XRP after an attacker tricked its deposit-checking system into treating a wallet-to-wallet transfer as a real deposit. The bridge has since halted, and both the operator and outside researchers have traced the failure to Coreum-side software […]
The U.S. Securities and Exchange Commission (SEC) said Monday it will hold an open meeting this Friday, August 14, to consider proposing new rules that would create a tailored offering path for certain crypto investment contracts. The announcement lands just days after the Senate pushed its next procedural vote on the CLARITY Act to mid-September, […]
Prominent blockchain investigator ZachXBT identified Tiffany Milanovich as a US-based threat actor tied to at least $5 million in thefts through hardware wallet and centralized exchange support impersonation scams. He said Milanovich worked as a “caller” and posed as exchange or wallet support, convincing victims to give up access to their funds. ZachXBT said she […]