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ZKsync has recovered $5.7 million worth of stolen ZK and ETH tokens after the hacker agreed to return 90% of the funds. The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract. The hacker agreed to accept a 10%…
The Seychelles-based crypto exchange will offer crypto trading to Thai investors, but it faces stiff competition. Cryptocurrency exchange KuCoin is set to branch further into Southeast Asia, targeting the growing crypto market in Thailand. KuCoin is planning to launch a crypto exchange platform offering digital assets and related products in the country, according to an…
Twenty One Capital has grand plans to dethrone Michael Saylor’s Strategy as the leading Bitcoin treasury firm, receiving investment support from industry heavyweights. Twenty One Capital, a new Bitcoin treasury company led by Strike founder Jack Mallers with the support of Tether, SoftBank and Cantor Fitzgerald, is looking to supplant Michael Saylor’s Strategy to become…
Competition is heating up among US exchanges for control of the derivatives market for digital assets. United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments. Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange…
Half of the US states that filed litigation against Coinbase in 2023 have dismissed their lawsuits against the cryptocurrency exchange. The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients. The regulator cited…
The new feature allows Dorsia members to use crypto tokens for hotel bookings in the US, UK, Europe, and six Middle Eastern countries. Luxury hospitality platform Dorsia is rolling out crypto payments for clients in the United States, the United Kingdom, Europe, and six Arab nations. The payments feature is being enabled through a partnership…
The Financial Times reports that Tether will fork out $1.5 billion, Softbank Group will add $900 million and Bitfinex will put in $600 million to a new crypto acquisition company, 21 Capital. Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto…
The Foundation said an updated software package has already been published to remove the security breach. The XRP Ledger Foundation has identified a “serious vulnerability” in the official JavaScript library used for interacting with the XRP Ledger blockchain network, the nonprofit said. On April 22, blockchain security specialist Aikido said in a blog post that…
Chiliz made a “strategic exit” from the US market in 2022 due to regulatory uncertainty and the FTX collapse. Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to discuss an investment and reentry into the US crypto market under the crypto-friendly White House and increased push for regulatory…
After rebranding from Janover, the firm holds over $34 million in Solana tokens and plans to stake its crypto treasury for yield. DeFi Development Corporation, formerly known as Janover, is ramping up its Solana treasury strategy following a buyout led by Kraken executives. According to an April 22 announcement, the company added 88,164 Solana (SOL)…