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Showing posts with the label crypto

The solution to crypto’s Lazarus problem could be simpler than expected

In just over 18 months, North Korean hackers, including the infamous Lazarus group, have used the same “hijacked multisig” technique to steal over $1.75 billion worth of crypto, a figure dwarfing all other losses in the sector over the same period. There may be a solution, however, and it’s simpler than one might think. A thread posted to X by veteran security researcher Daniel Von Fange, until recently of Origin Protocol, suggests adding a step to the typical multisig workflow. The change would insert a surprisingly simple sanity check on any approved action, to be ratified between signing and execution. North Korea hijacking multisigs is now the biggest loss category in crypto hacks. After talking with teams and building three prototypes, I think I know the next security layer in fixing this, and it requires less from signers, not more. 1/14 pic.twitter.com/0MrfseOXvp — Daniel Von Fange (@danielvf) August 19, 2025 Read more: Radiant Capital’s ...

Crypto’s ‘pay-to-play’ problem resurfaces in Wolf of All Streets podcast accusations

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Synonym CEO John Carvalho has shared a screenshot of an alleged email conversation that he says shows a representative of Wolf of All Streets host Scott Melker offering him an appearance on the podcast in return for $20,000. “They asked me to be on their retarded show, and then to pay $20k for it,” he said. Melker, who is also co-host of the Crypto Town Hall on X, and a listed crypto expert for  TheStreet Roundtable , has more than 1 million followers on X and has previously been named the 2020 Binance Influencer of the Year and included in the Cointelegraph Top 100 Notable People in Blockchain in 2021 list. Carvalho, who is perhaps best known for his interview of Bitcoin.com CEO Roger Ver during Bitcoin’s block size war, shared more screenshots of the alleged email conversation with  Protos . In these screenshots, the representative asked if Carvalho was “in the market for major influencer coverage.” In his alleged response, Carvalho said he would be open to an inter...

Coinbase to Acquire Crypto Options Platform Deribit for $2.9B

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In a move that will certainly cement the status of the cryptocurrency exchange, Coinbase is reportedly set to acquire options trading platform Deribit in a landmark $2.9 billion deal, according to the Wall Street Journal. Indeed, the purchase comes amid a regulatory shift that has taken place in the US since the start of the year. With the agreement, Coinbase will now acquire what is the largest Bitcoin and Ethereum options trading platform in the world. Not only will it ensure the exchange’s position atop the growing industry, but it will also see the status of the US as a digital asset powerhouse enhanced. JUST IN: Coinbase to acquire crypto options trading platform Deribit for $2.9 billion. — Watcher.Guru (@WatcherGuru) May 8, 2025 Also Read: Coinbase Expands Partnership with PayPal to “Advance Stablecoin Payments” Coinbase to Acquire World’s Largest Crypto Options Trading Platform Since the start of 2025, the United States has embraced a major shift in its cryptocurrency...

South Korea Frontrunner Vows Bitcoin ETF Approval As BlackRock’s IBIT Logs 16-Day Inflow Streak

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South Korea’s Democratic Party Leader, Lee Jae-myung, has vowed to approve spot Bitcoin ETFs (exchange-traded funds) if elected president, as BlackRock’s IBIT ETF notches 16 straight days of net inflows.  Along with the promise to approve Bitcoin ETFs, Jae-myung also announced on May 6 that he would back other pro-crypto measures as part of a broader initiative to provide more investment opportunities for Korea’s youth ahead of the June 3 election. “I will create a safe investment environment so that young people can [build] assets and plan for the future,” Lee said in Korean, according to The Korea Economic Daily. Ruling Party Also Promises To Back Crypto Lee also said that he would legalize spot crypto ETFs, lower transaction fees and put more consumer protection measures in place.  Lee is the favorite to win the upcoming election with 42% support, according to a survey conducted by Korea’s National Barometer Survey. South Korea...

Why is Andrew Tate’s crypto quietly soaring?

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Summary: ⚈ Andrew Tate’s DADDY coin is up 26% in 30 days, mirroring Bitcoin’s rally. ⚈ Recent gains likely stem from broader market momentum, not renewed hype. ⚈ DADDY remains 81% below launch price, with little chance of full recovery. After suffering a catastrophic collapse as the influencer stopped promoting it and as scam allegations emerged, Andrew Tate’s crypto meme coin, Daddy Tate (DADDY), entered something of a comeback in April. Daddy Tate is up 25.96% in the last 30 days, 21.70% in the last week of trading, and a respectable 4.94% in the 24-hour chart, as the cryptocurrency is, at press time on May 2, changing hands at $0.05032. DADDY 30-day price chart. Source: Finbold Why DADDY meme coin is rising Examining the influencer’s X account reveals that he has been sparingly promoting the meme coin and the cryptocurrency exchange platform Photon in between posts about the importance of being wealthy and ChatGPT admitting ‘women are useless.’ T...

SEC vs DeFi: The Clash of Code and Compliance

Decentralized Finance (DeFi) surged as an open, permissionless alternative to traditional finance, challenging the SEC—a long-standing U.S. financial regulator. At its heart, the clash is philosophical: centralized regulation versus decentralized autonomy through smart contracts and DAOs. The SEC’s Position: “Investor Protection Above All” The SEC has one job: protect investors, maintain fair markets, and enforce securities laws. Traditionally, this meant regulating companies that issue stocks, bonds, and other financial instruments. But in the past decade, as crypto went from niche to mainstream, the SEC expanded its scope. Under Chair Gary Gensler, the SEC has taken a firm stance that many digital assets—especially those involved in staking, yield farming, or offering returns—are unregistered securities . The reasoning? If investors are led to expect profits from the efforts of others, it likely falls under the Howey Test, the decades-old benchmark for identifying securities. So wha...

Bitcoin vs Ethereum: Which Crypto Will Be More Profitable in May

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The cryptocurrency market has witnessed several ups and downs over the years. 2025, so far, has been a perfect example of the industry’s volatile nature. Bitcoin (BTC), the world’s largest cryptocurrency, went from rising to its all-time high of $109,114.88 to a low of $74,436.68. Meanwhile, assets like Ethereum (ETH) barely saw any major changes in price during the past month. But with the new month around the corner, the community is eager to see how things unravel for both these cryptocurrencies. Also Read: Grayscale Warns: $61M Lost as SEC Delays Ethereum ETF Staking! How Are Bitcoin and Ethereum Faring Today? Source: Watcher Guru Bitcoin, after a long stay above $80,000, was back over $90,000. The king was trading at $94,781.90 at the time of writing. This comes after a 0.61% rise over the past 24 hours. The highest that BTC has surged this month is $95,768.39. Source: CoinMarketCap Meanwhile, Ethereum, the second-largest cryptocurrency, was priced at $1,810.55 at press...

Solana Rival SUI Gearing Up for Major Breakout, According to Macro Guru Raoul Pal

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Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their previous nine or 13 bars or candles. He also suggests that SUI is on the verge of breaking out of a downward channel, a bearish pattern indicating that the asset is forming lower highs and lower lows. “Sui: knock, knocking, knocking on heaven’s door.” Source: Raoul Pal/X Other analysts are also suggesting SUI may be gearing up for an explosive move. Pseudonymous trader Cheds says if SUI can break through its immediate resistance, it may start printing significant rallies. “$2.50 overhead is a long trigger.” Me...

Meme Index Token ICO Nears $4 Million – Best Crypto to Invest In?

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The cryptocurrency landscape is on the brink of a major transformation, with potential implications beyond XRP, Dogecoin, and Shiba Inu. The introduction of ETFs (exchange-traded funds) for meme coins could revolutionize the sector, driving major price movements in tokens like Meme Index (MEMEX). Meme Index is gaining attention as an innovative project designed to simplify meme coin investments. Let’s find out how. Meme Index Simplifies Investing with Curated Meme Coin Portfolios Meme Index’s team aims to simplify meme coin investing with four token portfolios. Instead of buying individual coins like DOGE or PEPE, investors can gain exposure to multiple meme coins at once. The platform groups tokens into four categories based on market cap and risk. The “Titan Index” covers well-known coins like Dogecoin, while the “Moonshot Index” focuses on mid-sized projects worth $250 million to $1 billion. For those looking for higher-risk options, the ...

Is It Too Late To Buy Broccoli? BROCCOLI Price Soars 583% And This Might Be The Next Crypto To Explode

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The Broccoli price soared 583% in the last 24 hours to trade at $0.0257 as of 09:12 p.m. EST on trading volume that surged to $47 million. Thousands of Broccoli meme coins have been launched since Binance co-founder Changpeng Zhao, or CZ, revealed on X on Feb. 14 that his dog is called Broccoli. Broccoli Price On A Bullish Recovery The BROCCOLI price chart Analysis on the 15-minute timeframe displays a clear breakout from a descending wedge pattern, often seen as a bullish reversal signal. After experiencing significant price volatility marked by sharp spikes and retracements, the Broccoli price has started to stabilize and trend upwards. BROCCOLI is currently trading at approximately $0.02572, above the 50-day Simple Moving Average (SMA), indicating short-term bullish momentum, as data from GeckoTerminal shows.  Support is seen near $0.020, and a major support level is further down at $0.01180, marked by the 200-day SMA. The Relative Strength Index (RSI) is currently at ...

Whales Gamble on Memecoins With Massive TRUMP, MELANIA and ZEREBRO Trades Amid Market Dip: Lookonchain

Blockchain tracking firm Lookonchain says crypto whales are taking massive memecoin trades amid the market downturn. According to Lookonchain, one unlucky whale is now seeing red after once having made $11.8 million in profit on President Donald Trump’s memecoin, Official Trump (TRUMP). “This whale who made a $11.8 million profit on TRUMP spent another $33.9 million to buy 766,083 TRUMP at $44.25 and has now lost $21 million. He lost all his profits and over $9 million of his initial capital!” TRUMP is trading for $17.61 at time of writing, down 5.1% in the last 24 hours. Next up, Lookonchain reports a crypto whale just scooped up a massive amount of Melania (MELANIA), the official memecoin of Melania Trump, wife of US President Donald Trump, after the altcoin bounced off a low of $1.39. “A mysterious whale created a new wallet [Tuesday] and withdrew 10 million USDC from Binance to buy 6.69 million MELANIA at $1.50.” MELANIA is tra...

XRP Third Wave Targets $5.85, Expert Predicts How Fast Can Ripple Breach It 

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Ripple (XRP) is one of the fastest-growing cryptocurrencies, surging at a rapid pace. XRP is currently sitting at $2.95, after noting a significant 6% drop in the last 24 hours. The market is currently noting a significant price upheaval, with XRP trying to break out of the bubble to hit significant price markers of $4.55 and $5.85. One noteworthy expert has predicted how fast XRP can claim these pivotal points. Also Read: Arthur Hayes Predicts New Path For BTC: Bitcoin To Plunge To $75K Again? XRP To Claim $5.85: Here’s When? Source: CoinPedia Ripple (XRP) is currently undergoing phases of transformation. The first phase is currently in process as the new US SEC regime change is expected to end the ongoing SEC-Ripple legal spat, pushing the token push to new highs. The second phase involves the SEC approving the pending XRP ETFs, which could again catapult XRP’s price to new highs. The rising institutional interest in the token is also driving XRP to claim new price spots, provid...

Fartcoin Price Prediction: As FARTCOIN Plunges 8%, Investors Pivot To This New Innovative Crypto To Gain Diversified Exposure To The Volatile Meme Coin Space

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The Fartcoin price has plunged 8% in the last 24 hours to trade at $1.70 as of 11:26 p.m. EST on a 22% drop in trading volume to $525 million. Fartcoin Price Could Recover The FARTCOIN price on the 4-hour timeframe earlier formed a rounding bottom pattern, and capitalized on it to soar over the $1.56 resistance. However, after the breakout, the Fartcoin price has retraced sharply, currently sitting around $1.70. It appears that the price of FARTCOIN is testing previous resistance, now turned into support, around $1.56, according to GeckoTerminal data .  The retest of this level is critical, as maintaining it could indicate a continuation of the bullish trend. The price of Fartcoin now trades well above both the 50-period and 200-period Simple Moving Averages (SMAs) on the 4-hour chart, which suggest FARTCOIN could still enter into a bullish move. Meanwhile, the Relative Strength Index (RSI) is at 49.36, hovering near the neutral 50 level. This shows that momentum is neither ...

Meme Index, Crypto’s First Meme Coin Index, Hits $400K Milestone On Christmas Day

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Meme Index ($MEMEX) has surged past $400,000 on Christmas Day as investors pile into a new presale token that enables them to invest in diversified baskets of meme coins for the first time. The project assembles four baskets of meme coins with varying degrees of risk, aiming to avoid concentrating exposure on any single volatile asset. There is also room for flexibility, as the assets within each index can be adjusted based on the consensus of the Meme Index community. This allows for the inclusion of emerging meme coins or additional allocations of more established ones. All of these indexes and the ability to modify them are made possible by Meme Index’s governance token, $MEMEX, which is currently only available through its token presale. The token’s current price is $0.0146285, but it will increase to $0.014687 in the next 48 hours to kick off its next funding stage. Meme Index Reduces Risk By Giving Investors Diversified Baskets O...