The WazirX hack, which saw the infamous North Korean Lazarus Group steal $235 million from the crypto exchange, notably affected the sentiments of the Indian crypto investors. Post the hack, users migrated to more trusted platforms. In an interview published on 5 May 2025, Sumit Gupta, the CEO of CoinDCX, a crypto exchange based in
Major industry figures, such as Chris Dixon and Brian Armstrong, have publicly backed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This endorsement comes ahead of a key Senate vote scheduled for this Thursday. Industry Support Introduced in February 2025 by Senator Bill Hagerty, the GENIUS Act is co-sponsored by Senate
U.S. stocks fell sharply Tuesday as uncertainty over global trade negotiations and caution ahead of the Federal Reserve’s rate decision weighed on markets. The Dow Jones Industrial Average dropped 389.83 points, or 0.95%, while the S&P 500 lost 0.77% and the Nasdaq Composite slipped 0.87%. The sell-off came after President Donald Trump dialed back expectations
Share this article DeFAI project DexCheck launches REPS and the Proof of Support protocol for effective community development. Web3 marketing teams are constantly exploring strategies to boost social activity and grow a thriving community around their projects. Ideas such as Stake-to-earn, random giveaways, and task-based reward programs have been introduced in recent years. Each of
US President Donald Trump’s deepening ties to the crypto world – and his family’s direct financial interests- have triggered a senate backlash and ethics investigations. What caused this eruption? A $2 billion deal between a Trump affiliated crypto firm and a state-backed Emirati fund? The launch of a Trump-branded stablecoin? The TRUMP and MELANIA meme
Bitcoin Core developers have confirmed that the next software release will lift the long-standing 80-byte restriction on OP_RETURN transaction outputs. The decision was met with concern in the crypto space as users expressed dissatisfaction with the move. OP_RETURN Has Outlived Its Purpose The information was relayed in a May 5 GitHub announcement by Bitcoin developer
SOL Strategies, a Canadian publicly traded company focused on supporting the Solana blockchain ecosystem, has expanded its holdings with a new $20 million Solana purchase. The Canada-listed company announced the move on Tuesday, May 6, disclosing the completion of the $20 million buy is from the first tranche of its $500 million convertible note facility.
Key Takeaways New Hampshire is the first US state to establish a Bitcoin and Digital Assets Reserve Fund. The reserve allows up to 5% of total state funds to be held in Bitcoin or digital assets with over $500 billion market cap. Share this article New Hampshire is set to become the first US state
The FOMC May 2025 rate decision could shake Bitcoin, SPX, and even top Solana meme coins. Will Powell’s pause or cut spark a crypto rally? The Federal Open Market Committee (FOMC) will conclude its two-day meeting on May 7 before announcing whether its findings justify a rate cut, hike, or maintaining rates at 4.50%. DISCOVER: 20+
Bitcoin’s latest bout of price weakness may have less to do with macroeconomic jitters and more with American whales quietly stepping off the gas. The telltale sign is a drop in the Coinbase Premium, an often overlooked indicator of U.S. investor sentiment, which now appears to signal growing selling pressure from investors based in the