Sorted Wallet, an early-stage crypto wallet startup, secured $4.4 million in a seed funding round led by major crypto firms Tether and Gnosis. This investment highlights growing institutional interest in wallet infrastructure, especially where stablecoins and Ethereum-based technologies intersect. The funding will support product development, hiring, and security enhancements, though specific product details and launch timelines remain undisclosed. Investors and users will watch for product launches, partnerships, and team expansions as indicators of progress in this competitive space.
Cryptocurrency prices are fluctuating with Bitcoin holding steady around $61,956, showing a slight increase of 0.16%. Meanwhile, many altcoins such as Ethereum, Binance Coin, XRP, and Solana have experienced declines ranging from 1% to over 7%. This ...
Raydium's Legacy AMM V3 program was exploited due to a validation flaw allowing an attacker to bypass proportion checks and drain $1.34 million from five inactive liquidity pools. The attack did not affect current Raydium programs, SDK, or user inter...
Geoffrey K. Auyeung from Washington was sentenced to five years in federal prison for laundering nearly $100 million stolen through a fake oil and gas investment scam. He used nine shell companies, 81 bank accounts, and multiple crypto platforms incl...
USDT's dominance in the crypto market has formed a bullish golden cross, indicating investors are shifting funds from riskier assets like bitcoin into stablecoins. This move suggests growing caution and risk aversion in the crypto market, as USDT dom...
Bitcoin slipped below $63,000 as markets reacted to expanding U.S. regulatory oversight by the CFTC, net outflows from Solana ETFs, and rising malware risks targeting macOS crypto wallets. The CFTC is increasing staff to handle growing crypto regulat...
