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Social media network X said it discovered a "bribery network" of users who have been "involved in crypto scams" that "paid middlemen to attempt to bribe employees to reinstate their suspended accounts," according to a post on Friday.The alleged "perpetrators" also use other social media networks suc…
Defunct crypto exchange FTX will disburse an additional $1.6 billion to creditors beginning at the end of the month. The bankruptcy estate's third distribution will kick off on Sept. 30 as part of its ongoing Chapter 11 reorganization plan, according to an announcement on Friday.The latest FTX payme…
The U.S. Treasury Department is seeking public comment on its implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, the first crypto-specific legislation passed into law in the United States this past summer."The GENIUS Act tasks Treasury with issuing …
Ethereum core developers announced plans to launch the Fusaka upgrade on the mainnet on Dec. 3. This tentative date was announced in the latest ACDC #165 developer call. The upgrade will be activated on the Holesky testnet on Oct. 1, the Sepolia testnet on Oct. 14, and the Hoodi testnet on Oct. 28 b…
Scroll DAO, the decentralized autonomous organization behind the Ethereum Layer 2 scaling project Scroll, said Thursday that it is not disbanding the DAO but "evolving it."In a Thursday forum post, Scroll DAO announced an overhaul of its governance, seeking to balance community participation with th…
Crypto exchange Bullish reported a second-quarter net income, reversing a loss from the same period last year, in its first earnings release since listing on the New York Stock Exchange.In its Wednesday earnings disclosure, Peter Thiel-backed Bullish reported a net income of $108.3 million in the se…
CME Group, one of the world’s largest derivatives exchanges, plans to launch options on Solana (SOL) and XRP futures on Oct. 13, pending regulatory review.The new contracts will include both standard and micro-sized options on SOL and XRP futures, with expiries available daily, monthly, and quarterl…
Solana memecoin launchpad Pump.fun's protocol revenue in the past 24 hours exceeded that of the perpetuals trading platform Hyperliquid.According to data from DefiLlama, Pump.fun saw $3.38 million in daily revenue while Hyperliquid saw $3.06 million. Pump.fun currently ranks third among DeFi protoco…
Decentralized prediction market platform Polymarket has launched a new section for forecasting the earnings of publicly traded companies, following its recent regulatory clearance to operate in the U.S.In a statement on Monday, Polymarket said it has partnered with Stocktwits, a social platform for …
MoonPay, a crypto payments infrastructure firm, has acquired payments startup Meso in a strategic move to expand its offerings globally.In a statement released Monday, MoonPay said that the deal supports its goal of building an international payments network linking banks, card systems, stablecoins,…
Crypto asset manager Bitwise is looking to launch an exchange-traded fund tracking AVAX, the native token for the Avalanche Layer 1 blockchain. The product, if approved by the U.S. Securities and Exchange Commission, would tap Coinbase as a custodian."The Trust provides investors with the opportunit…
The perpetual question of "where are we in the cycle" continues to dominate crypto discourse, with commentators deploying various metrics to gauge market maturity and potential peak timing beyond traditional price analysis.While Bitcoin dominance serves as a useful indicator for altcoin rotation tim…