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DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88 million) have been returned to its wallets …
Continue reading “Loopscale recovers $2.8M after weekend DeFi hack and bounty talks”
Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, faces a 20-year prison sentence as the US Department of Justice (DOJ) seeks a severe penalty for his role in a multibillion-dollar fraud. The DOJ on April 28 filed the government’s sentencing memorandum against Mashinsky, recommending a 20-year prison sentence for …
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Key points: Bitcoin has beaten out three key resistance levels in a single weekly candle. The weekly close defended the 2025 yearly open, but a subsequent dip below it is making analysis question the strength of the BTC price breakout. BTC/USD remains in a “critical zone” pending fresh support confirmations. Bitcoin (BTC) has broken through …
Continue reading “Bitcoin in 'critical zone' as triple breakout meets $93.5K support battle”
What is the Paws Telegram Mini App? Paws is a Telegram-based Mini App created by the same team behind other projects, such as Notcoin and Dogs. If you’ve been cruising around Telegram lately, chances are you’ve stumbled upon Paws, the viral crypto Mini App that’s got everyone tapping, clicking and inviting their friends like it’s …
Continue reading “Is the Paws Telegram mini app legit? What you need to know”
Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem. According to a press release shared with Cointelegraph, the integration enables users to trade over 1 million Solana-based tokens directly through the 1inch decentralized application (DApp), benefiting from maximal extractable value-protected …
Continue reading “1inch launches on Solana with crosschain swaps in the pipeline”
The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core features a ruble-backed stablecoin might require. Sergey Mendeleev, founder of the digital settlement exchange Exved and inactive founder of the sanctioned Garantex exchange, put …
Continue reading “Russian ruble stablecoin: Exec lists 7 ‘Tether replica’ features”
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate the International Holding Company, have partnered to launch the stablecoin, pending regulatory …
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The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project. The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s …
Continue reading “Bankera founders used ICO funds on global property buys: Report”
Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test whether AI could alter people’s opinions. As part of the experiment, AI-powered accounts faked a variety of personas, including a rape victim, a person opposed to specific social movements and …
Continue reading “Zurich Uni’s secret AI experiment manipulated Redditors’ opinions”
US federal prosecutors and the co-founders of the crypto mixer Samourai Wallet have asked a court for more time to consider potentially dismissing the case after the Justice Department rolled back its crypto enforcement. Lawyers for Samourai Wallet CEO Keonne Rodriguez and chief technology officer William Hill said in an April 28 letter to Manhattan …
Continue reading “Samourai Wallet, feds ask for time to mull dropping crypto mixer case”
