Coinbase reportedly spent approximately $7.6 million on personal security for CEO Brian Armstrong in 2025, a more than 20% increase from the year before. This is according to the company’s proxy filings cited in a report by Bloomberg, with the spending coming after physical attacks on crypto holders rose 75% last year. Per data from blockchain […]
The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has enforced sanctions against individuals and entities linked to a Mexican cartel that is trafficking illicit drugs and laundering the proceeds through cryptocurrency networks. According to a press release from the Treasury, these individuals and entities lead networks that launder the proceeds of fentanyl […]
BitGo and Galaxy Digital are continuing their courtroom battle over the collapse of a $1.2 billion acquisition agreement that was once expected to become the largest merger in the crypto industry. During proceedings this week in Delaware Chancery Court, BitGo argued that Galaxy backed out of the transaction in 2022 and is now seeking at […]
After operating for around 1.5 years, the Ethereum Layer 2 project Zero Network announced that it is shutting down its standalone chain and pivoting toward expanding the Zerion API and wallet products. The team said the network was originally launched with the belief that gas fees remained one of the biggest barriers to mainstream crypto […]
One year after launching XRP futures, data from the Chicago Mercantile Exchange (CME) show the product has gained steady traction in the derivatives market. Since trading began on May 19, 2025, the exchange has recorded almost $63 billion in notional trading volume across its XRP futures suite as of May 15, 2026. XRP Sees Heavy […]
Around 20,500 Bitcoin options contracts will expire on Friday, May 22, with a notional value of roughly $1.5 billion. This event is smaller than usual, so it is unlikely to have any impact on spot markets. Crypto markets have been in decline all week, with around $50 billion leaving the space as Bitcoin continues to […]
Syndicate Labs, an on-chain development startup backed by Andreessen Horowitz, announced that it is winding down operations after five years of building infrastructure for on-chain developers. It cited major shifts in the rollup market as the primary reason behind the decision. EVM Rollups No Longer the Standard In a statement on X, Syndicate Labs said […]
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s […]
Earlier today, hackers gained access to GitHub’s internal repositories by exploiting an employee’s computer with the use of a tainted VS Code extension. Following the incident, reports emerged that a threat actor using the alias TeamPCP was now allegedly selling what they claim is roughly 4,000 of GitHub’s private repositories on a cybercriminal forum, with […]
ETH trader sentiment just reached its most bearish level since the 2023 bear market, reported CryptoQuant analyst ‘Darkfost’ on Tuesday. The metric has been measured using the Binance taker buy/sell ratio, which has fallen back to levels not seen since September 2023, when ETH had fallen to $1,600. “This highlights how much trader sentiment toward Ethereum […]