Latest news on Altcoins

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Polymarket Breach Exposes $3.1M Theft as CFTC Probes Fake Bet Scandal

By Loic Dos Santos | 1 month ago

Hackers Move Fast, Refunds Promised On Thursday, Polymarket confirmed that hackers had siphoned off approximately $3.1 million in PUSD tokens from 11 user wallets, following a sophisticated attack that exploited a third-party vendor...

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SBI Holdings’ $289M Bitbank Buyout Sets Up Japan’s Largest Crypto Exchange

By David E | 1 month ago

SBI Bets Big on Crypto Scale SBI Holdings has signed a deal to acquire full control of Bitbank, one of Japan’s leading cryptocurrency exchanges, for 46.7 billion yen—about $289 million...

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Meta’s ‘Arena’ Prediction Market Signals a New Phase in Tech’s Gamble on Forecasting

By Loic Dos Santos | 1 month ago

Zuckerberg Bets Big on Arena Meta, the parent company of Facebook, is developing a new prediction market app called “Arena,” with CEO Mark Zuckerberg reportedly making it a top internal priority...

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Franklin Templeton Finalizes 250 Digital Acquisition, Launches Institutional Crypto Arm

By Loic Dos Santos | 1 month ago

Wall Street Giant Doubles Down on Crypto Franklin Templeton, the global asset manager overseeing $1.78 trillion in assets, has completed its acquisition of 250 Digital and launched a new division focused squarely on cryptocurrency.....

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Strategy’s STRC Plunge Exposes Digital Credit Fault Lines

By Loic Dos Santos | 1 month ago

Leverage Liquidations Trigger Sharp Drop On Thursday, the digital credit market was shaken by a sharp selloff that sent Strategy’s STRC preferred equity tumbling to $82.50, nearly 17% below its intended $100 par value...

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Trump’s Crypto Venture Pays UFC Fighters in Stablecoins at White House Event

By Loic Dos Santos | 1 month ago

Trump’s Crypto Venture Funds UFC Bonuses On June 14, the White House South Lawn became the unlikely stage for a high-profile experiment in digital finance...

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Tether Leads $1.4 Billion Investment in Neura Robotics, Pushing Crypto Wallets Into the Machine Age

By David E | 2 months ago

Stablecoin Giant Bets Big on Bots Tether, best known as the issuer of the USDT stablecoin, has taken a leading role in a funding round of up to $1.4 billion for Neura Robotics, a German startup specializing in AI-powered humanoid robots...

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World Series of Poker Partners With Solana, Bringing Crypto Buy-Ins and Payouts to the Table

By David E | 2 months ago

Solana Deal Shakes Up Poker Payments The World Series of Poker (WSOP), a fixture in the global poker scene with over 50 annual events and $4 billion in lifetime prize money, is making its biggest move yet into digital payments...

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Humanity Protocol Breach: $36M Stolen, H Token Collapses Amid Multisig Security Failure

By Loic Dos Santos | 2 months ago

Single Laptop, Multiple Keys: Disaster Strikes Humanity Protocol, a decentralized identity project valued at $1.1 billion last year, suffered a devastating exploit this week after attackers compromised a laptop belonging to one of its.....

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Major U.S. Banks Plan Tokenized Deposit Network to Counter Stablecoin Competition

By David E | 2 months ago

Banks Race to Counter Stablecoin Surge JPMorgan Chase, Citigroup, Bank of America, and several other leading U.S. banks are preparing a joint offensive against the rapid growth of stablecoins such as USDC and USDT...