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Details associated with Sequoia Capital partner Roelof Botha’s Coinbase account were reportedly compromised in an attack affecting “less than 1%” of the exchange’s monthly users. At least one partner at Sequoia Capital was reportedly impacted by the recent data breach among Coinbase users, suggesting that data from others at the venture capital firm may also…
The company had a weak Q1 2025, suffering a loss of $295 in net income according to company investor reports. Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed…
Coinbase faces a $400 million phishing bill after cybercriminals managed to bribe overseas support agents to expose the personal data of the exchange’s users. News broke on May 15 that Coinbase was the target of a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data for social engineering scams. While…
A Fireblocks report shows 90% of institutions now use or plan to use stablecoins, with banks prioritizing cross-border payments and speed as key benefits. A new report from enterprise-grade digital assets platform Fireblocks shows that 90% of institutional players are either using or exploring the use of stablecoins in their operations. The report, published May…
“The blockchain gaming industry isn’t dead — it’s evolving. It’s moving from noise to signal,” says DappRadar analyst Sara Gherghelas. Blockchain gaming user activity dipped and funding slowed in April, but the overall ecosystem is healthier and maturing, according to blockchain analytics platform DappRadar. User activity dropped 10% over April, with blockchain gaming reaching a…
Guthrie says there is still a “lot of innovation to do,” and it’s still “very early days,” but the market has matured and has greater sustainability than previous cycles. Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull…
Brazilian fintech firm Méliuz’s shareholders officially approved a Bitcoin treasury proposal on May 15, with the firm also announcing it acquired another 274.5 Bitcoin. Méliuz’s executive chairman says his fintech firm has become Brazil’s first publicly-traded Bitcoin treasury company following shareholder approval, with the firm also announcing it bought $28.4 million worth of Bitcoin to…
The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said. Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15. The Singaporean company clocked…
Wintermute joins at least eight other large crypto firms that announced their expansion to the US, banking on improved regulatory clarity for the Web3 industry. Wintermute, a London-based algorithmic crypto trading and market-making firm, has opened an office in New York as part of its expansion into the US. Wintermute announced the opening of its…
Pi Network has launched a $100 million fund, Pi Network Ventures, to invest in startups and businesses that drive the adoption and utility of its blockchain ecosystem. Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is…