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Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia


Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by Bolivians. USDT Used to Establish Prices in Bolivia...

Coinbase Makes Ending Account Freezing a Top Priority


Coinbase is tackling account freeze issues head-on with top-priority fixes, deploying smarter machine learning, in-app verification tools, and long-term safeguards to protect users. Coinbase Says Account Freezing Issue Down 82% Amid Internal System Overhaul Crypto exchange Coinbase (Nasdaq: COIN)...

Migos Instagram account hacked in apparent blackmail bid on Solana co-founder


The Instagram account of former US rap trio Migos was hacked in an apparent attempt to blackmail Solana co-founder Raj Gokal.On May 27, Migos’ Instagram account posted at least seven images seen by Cointelegraph that have since been deleted. Two of the images appeared to depict Gokal holding...

Migos Instagram account hacked in apparent blackmail bid on Solana co-founder


The Instagram account of former US rap trio Migos was hacked in an apparent attempt to blackmail Solana co-founder Raj Gokal.On May 27, Migos’ Instagram account posted at least seven images seen by Cointelegraph that have since been deleted. Two of the images appeared to depict Gokal holding...

Hacker Jailed for Posting Fake Bitcoin ETF News on SEC’s X Account


The DOJ handed down a prison sentence after the SEC’s social media was hacked to falsely announce bitcoin ETF approval, briefly sending crypto markets into overdrive. DOJ Sentences Hacker for SEC X Breach and Bitcoin ETF Hoax The U.S. Department of Justice (DOJ) announced on May 16 that a resident...

ZKsync X hacker posts false SEC probe in apparent effort to crash token


The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among other scam messages. A ZKsync-related X account posted on May 13, confirming the accounts...

Pectra features already in use: Ethereum EIP-7702 wallets roll out


The Ethereum Pectra upgrade introduced a significant upgrade in account abstraction accessibility, with multiple wallets already implementing the change.Pectra introduced Ethereum Improvement Proposal (EIP) 7702, a change that Ivo Georgiev, founder and CEO of self-custodial smart wallet Ambire...

Pectra features already in use: Ethereum EIP-7702 wallets roll out


The Ethereum Pectra upgrade introduced a significant upgrade in account abstraction accessibility, with multiple wallets already implementing the change.Pectra introduced Ethereum Improvement Proposal (EIP) 7702, a change that Ivo Georgiev, founder and CEO of self-custodial smart wallet Ambire...

Pectra features already in use: Ethereum EIP-7702 wallets roll out


The Ethereum Pectra upgrade introduced a significant upgrade in account abstraction accessibility, with multiple wallets already implementing the change.Pectra introduced Ethereum Improvement Proposal (EIP) 7702, a change that Ivo Georgiev, founder and CEO of self-custodial smart wallet Ambire...

Hackers use New York Post’s X account to send scam DMs, users report


Malicious actors appear to have infiltrated the New York Post’s X account in an attempt to scam crypto users on the microblogging platform. Some X users from the crypto community have recently reported having received a private message from the New York Post’s X account inviting...

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