Category: Cryptocurrency

Eric Adams’ NYC Token Implodes: On-Chain Data Reveals $2.5M Liquidity Drain

Former NYC Mayor Eric Adams' crypto launch crashed 80% after a deployer wallet removed $2.5M in liquidity, sparking allegations of...
2 months ago Cryptocurrency, DeFi, Security

Bank of Italy: ETH Crash Isn’t Just Market Risk—It’s an Infrastructure Kill Switch

A new Banca d'Italia working paper argues that Ethereum's reliance on ETH for security creates a 'kill switch' where a...
2 months ago Cryptocurrency, Governance

Bitcoin Pierces $92.5K: BlackRock Offloads $339M as CPI Prints 2.7%

Bitcoin surges on 2.7% CPI data, absorbing a massive $339M transfer from BlackRock's IBIT to Coinbase Prime.
2 months ago Cryptocurrency, DeFi

Polygon Labs Deploys $250M for Coinme and Sequence to Rival Stripe

Polygon Labs acquires Coinme and Sequence for over $250 million, securing critical U.S. regulatory licenses and smart wallet infrastructure to...
2 months ago Cryptocurrency, Governance

Ukraine Blocks Polymarket: Regulator Targets ‘War Bets’ in $270M Crackdown

Regulators cite unlicensed gambling as the primary cause, closing a venue that hosted over $270 million in bets on the...
2 months ago Cryptocurrency, Security

Iran’s Rial Evaporates to 1.47M per Dollar; Internet Blackout Strangles Crypto Lifeline

As the Rial trades at 1.47 million to the dollar, a state-imposed internet blackout exposes the critical infrastructure vulnerability of...
2 months ago Cryptocurrency, Governance

Kraken-Affiliated SPAC ‘KRAQU’ Files for $250M Nasdaq Listing

KRAKacquisition Corp targets a $250M raise on Nasdaq to acquire crypto infrastructure, led by Kraken's own Sahil Gupta.
2 months ago Cryptocurrency, DeFi, Governance

Senate ‘CLARITY Act’ Draft Kills Passive Stablecoin Yield; Legalizes ‘Activity’ Rewards

A new 278-page Senate draft proposes banning passive interest on stablecoins while legalizing rewards for staking and trading, threatening $1.3B...

Dubai Closes DIFC Privacy Loophole; Monero Hits $640 Record

The DFSA aligns with mainland regulators, effectively outlawing XMR and ZEC in the financial free zone as prices paradoxically surge.
2 months ago Cryptocurrency, Security

Former ‘Bitcoin Mayor’ Eric Adams Faces $3M Rugpull Allegation Over ‘$NYC’ Token

Less than two weeks after leaving office, the ex-mayor’s charitable crypto venture drained liquidity in 30 minutes.