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$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US


The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their...

Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit


Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,”...

Community Launches Decentralized Memecoin To Take Anti-SEC Stance


In response to the increasing regulatory scrutiny by the SEC on crypto, a small group of community members has launched a decentralized memecoin called NotWifGary (NWG). The post Community Launches Decentralized Memecoin To Take Anti-SEC Stance appeared first on Cryptonews

India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban


The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban. The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...

Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira


Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance...

Will VeChain (VET) be a profitable investment in May 2024?


VeChain’s native token, VET, is currently trading at around $0.034 and has nearly increased by 1.5% in trade volume over the last 24 hours. VET is based on the VeChain supply chain, which recently turned green after trading in red for more than seven days. As it crawls slowly in the price...

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