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The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations. Telegram, a messaging platform, raised $1.7 billion from investors in a recent bond offering featuring a 9% coupon that closed on May 28. According to Bloomberg, the company will use a…
Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses. Address poisoning involves sending small transactions from wallet addresses that closely resemble a legitimate one, tricking users into copying the wrong address when making future transactions. Common techniques include phishing, fake QR codes, Sybil attacks, smart contract manipulation, and clipboard malware. Address poisoning has led…
K33 CEO Bull Jenssen said his firm hopes to use its Bitcoin holdings as a foundation to offer new services, such as BTC-backed lending. Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency….
Blockchain land record management firm Balcony has signed a five-year deal with officials in New Jersey’s Bergen County to tokenize 370,000 property deeds onchain. A New Jersey county is set to tokenize $240 billion worth of property deeds after signing a deal with the blockchain-backed land record management firm Balcony. Balcony said on May 28…
Smart contract hacks and other cybersecurity exploits continue to be a significant issue for crypto and Web3 firms in 2025. Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets. Cybersecurity firm Cyvers said the hack occurred…
From institutional inflows to the rising stablecoin economy, the top Bitcoin bulls of 2025 are calling for prices as high as $1.5 million. Do they know something we don’t? Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots. Familiar doubters like gold…
From institutional inflows to the rising stablecoin economy, the top Bitcoin bulls of 2025 are calling for prices as high as $1.5 million. Do they know something we don’t? Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots. Familiar doubters like gold…
White House AI and crypto czar David Sacks says Donald Trump’s crypto executive order allows the government to purchase more Bitcoin if it’s done in a budget-neutral way. White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without…
Goldsmith Romero thinks the CFTC should work on defining a retail customer and implement bans against co-mingling a company’s assets with customer funds. Outgoing US Commodity Futures Trading Commission commissioner Christy Goldsmith Romero says the exodus of the agency’s top brass is “not a great situation” for crypto regulations. The CFTC could be headed by…
Average NFT loan sizes have tanked, which DappRadar’s Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage. Real-world assets linking up with non-fungible tokens (NFTs) is one of a few key catalysts that could reignite the waning NFT lending sector, which is suffering from a collapse in volumes and…