Author: John Smith
Earlier this year, Coinbase disclosed a security breach affecting customer data. But newly surfaced details raise serious questions about the exchange’s transparency and the timeline of its disclosure. The Coinbase customer breach that involved the leak of sensitive user data including customer names, IDs, phone numbers, addresses, and more, has raised security questions across the industry. The exchange revealed the incident on May 15, 2025, adding that the attackers had attempted a $20 million ransom-style extortion. However, Reuters reports suggest that the exchange learned of the breach much earlier in the year, as far back as January. Coinbase previously admitted…
ONDO price has dropped 12% this week, breaking its uptrend structure with a lower high and then a deep lower low. Can the critical $0.80 support level stop further breakdwon? Ondo Finance (ONDO) price has recently broken its uptrend structure, forming a lower high and then breaking below the lower trendline of an ascending broadening wedge pattern, resulting in a lower low at $0.78. That pullback also sliced through the key horizontal support zone at $0.90. Buyers stepped in at the $0.78 swing low, driving a recovery that has pushed the price back to $0.85 at press time. Despite this,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the FlexGas feature, Trust Wallet enables users to pay transaction fees using tokens like TWT, USDT, or BNB, aiming to make web3 as seamless as it ought to be. Gas fees remain one of the most persistent sources of frustration in the crypto world, often unpredictable, unintuitive, and a major barrier to broader adoption. For many users, the requirement to hold a specific network token just to complete a transaction adds unnecessary friction to an already complex system.…
SOPH, the native token of the entertainment-focused Layer 2 network Sophon, saw a strong rally today after getting listed on South Korea’s major crypto exchange, Bithumb. According to data from CoinGecko, Sophon (SOPH), the native token of the entertainment-focused Layer 2 network Sophon rallied as high as 445 ot an intraday high of $0.072 on June 3 Asian time while its market cap shot up to $138.5 million. SOPH rallied in a high-volume trading environment, with data showing its daily trading volume surged by 236% over the past 24 hours. As of now, the altcoin has a circulating supply of…
Bluefin, Sui’s top decentralized exchange by volume, has launched Bluefin7K, a native aggregator that combines multiple DEXs and advanced routing to deliver users better trading rates and deeper liquidity. Bluefin, the leading DEX by trading volume on the Sui (SUI) blockchain, has just launched Bluefin7K — a Sui-native aggregator designed to give users optimal trading rates and deep liquidity. By routing trades across multiple DEXes within the Sui ecosystem, Bluefin7K identifies the most favorable pricing and liquidity sources in real time. This rollout comes as part of a broader partnership with 7K Smart Trading, whose aggregator stack has been integrated…
Crypto payment cards have become increasingly popular in recent years as a means of spending digital assets in everyday scenarios. Once seen solely as an investment, cryptocurrencies in 2025 are widely being used for payments, particularly by younger, tech-savvy users who seek convenience without sacrificing control over their finances. A recent study by Coupon Follow reveals that 42% of U.S. millennials have used cryptocurrency for purchases in the past year, marking a 12% increase since 2022. With more people looking to spend their crypto, several new payment cards now make the leap from wallet to checkout much easier. Here are…
Ripple has secured a major regulatory win as its stablecoin RLUSD gains official approval for use inside Dubai’s prestigious financial free zone. According to a June 3 press release, Ripple’s U.S.-regulated stablecoin RLUSD has received official approval from the Dubai Financial Services Authority for use within the Dubai International Financial Centre. With this approval, RLUSD has become one of the few stablecoins globally to be approved by both the DFSA and the New York Department of Financial Services. RLUSD is backed 1:1 by segregated reserves and high-quality liquid assets. The stablecoin has undergone frequent third-party audits and it is designed…
Aptos Labs CEO Avery Ching is scheduled to testify at a congress hearing about digital assets with the House Committee on Agriculture tomorrow. After the news broke, APT rose by nearly 5%. In a recent post, Ching stated that he has been invited to testify in front of the U.S. Congress on a hearing titled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework.” The congressional hearing is set to take place on June 4. “Market structure legislation is an important step forward and I’m looking forward to sharing how Aptos Labs and the broader…
Ethereum could rally as high as $3,000 in the coming weeks as bullish technicals have emerged amid retail and institutional demand. According to data from crypto.news, Ethereum (ETH) jumped 6.5% to an intraday high of $2,644 on June 3 (Asian morning hours), pushing its market cap to over $314.8 billion. It was the top performer among the 10 largest cryptocurrencies today, up nearly 86% from its year-to-date low. On the derivatives front, open interest in ETH futures has surged to $35.67 billion, nearing its all-time high and well above the $19.6 billion recorded on April 3, per CoinGlass. Further, its…
The Ethereum foundation has announced a shakeup of its internal structure, including the rebrand of its research and development team. A June 2 release by the Ethereum Foundation has outlined a strategic restructuring of its core development team. The reorganization aims to sharpen focus, improve collaboration, and accelerate progress toward Ethereum’s scaling and usability goals. Key to the restructuring includes laying off several staff members and rebranding the Protocol Research & Development (PR&D) team as simply ‘Protocol.’ The revamped team will focus on three strategic priorities, including scaling Layer 1, improving user experience, and expanding blobspace capacity. “This means some…