Malone Lam, a 22-year-old Singaporean, pleaded guilty to helping steal over 4,100 Bitcoin worth $240 million by impersonating Gemini exchange and Google representatives. The scheme targeted a wealthy Washington investor through social engineering, convincing him to hand over security credentials. This case is notable as the first Bitcoin theft prosecuted under the RICO Act, involving 18 indicted individuals and highlighting risks of crypto scams despite strong technical security. Lam faces a minimum 14-year prison sentence, with prosecutors framing the operation as organized crime.
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Pump.fun, a Solana memecoin launchpad, holds about $2.8 billion in on-chain assets, primarily its own PUMP token valued at $2.19 billion. The treasury also includes wrapped SOL, USDC, USDT, and various memecoins. The platform funds a buyback-and-burn...
In Q2 2026, the XRP Ledger saw a 40% drop in daily trading accounts but a 79% increase in average order-book volume, indicating that fewer traders are handling much larger amounts of XRP. The average XRP traded per active account nearly tripled, and ...
Dogecoin is showing signs of a potential 20% price decline to around $0.076 due to a bearish ascending broadening wedge pattern on its daily chart. This technical setup suggests increased volatility and a possible reversal if the price breaks below t...
Bitcoin has shown notable gains in the 12 months following each U.S. midterm election since 2014, with increases of 24.5% after 2014, 44.9% after 2018, and 92.3% after 2022. However, these gains were not steady, as Bitcoin dropped 45.5% in the month ...
