MEXC chief operating officer Tracy Jin said the fraud was primarily caused by social engineering scams targeting new, uneducated users.
Price predictions 5/30: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested.
Sui vote on $162M frozen Cetus funds sparks decentralization debate: Finance Redefined
DeFi’s decentralization debate rages on after the Sui community voted to return the $162 million frozen during the Cetus exploit.
Crypto op-eds: How opinions can shape Web3 thought and policy
In the latest episode of Decentralize with Cointelegraph, experts break down how crypto op-eds are influencing public perception, policy and the future of Web3 storytelling.
AI-powered OSINT tool profiles YouTube users, raising privacy concerns
An OSINT platform, Lolarchiver, offers AI-powered tools that can rapidly profile YouTube commenters based on their activity, raising major privacy and legal concerns.
Centralized AI threatens a democratic digital future
The decentralized AI industry has a chance to carve out market share, but it will need to prove its security and usefulness. Centralized AI’s dominance risks privacy, transparency and ethical standards.
What are stablecoin-backed corporate cards and how do they work?
Stablecoin-backed corporate cards are linked to digital wallets holding stablecoins. They facilitate instant currency conversion at the point of purchase.
Banks ‘very interested’ in stablecoin use —Stripe exec
Stripe’s president confirms growing interest in stablecoins from banks, but adoption would still require more green lights from regulators.
Garantex successor moves $1.66B through crypto exchanges: Global Ledger
Exposure to wallets tied to suspected Garantex successor Grinex keeps rising as blockchain analyst warnings are ignored.
DeepSeek’s new model a ‘step backward’ for free speech: AI dev
DeepSeek’s latest AI model flags Xinjiang camps as human rights violations but censors direct criticism of China, raising concerns over contradictions and increased censorship.