Author: Anshul

MEXC Invests $36M in Ethena Labs and USDe to Drive Stablecoin

MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthetic dollar issued by Ethena Labs, as part of a broader effort to enhance stablecoin adoption. Additionally, MEXC Ventures has invested $16 million directly into Ethena Labs, reinforcing its commitment to decentralized financial infrastructure. 💰 USDe: A DeFi-Native Alternative to […]

Hamster Kombat Launches Blockchain on TON for Web3 Gaming

Hamster Kombat has unveiled Hamster Network, a layer-2 blockchain built on The Open Network (TON) to enhance Web3 gaming and decentralized applications (dApps), the project announced on February 25. The team confirmed that Hamster Network is the first gaming-focused layer-2 blockchain within the TON ecosystem, offering developers the ability to build fully on-chain games and […]

Robinhood CEO: Tokenization Could Unlock Private Equity

Robinhood CEO Vlad Tenev believes cryptocurrency tokenization could open the doors of private equity investing to retail traders, giving them access to high-growth tech companies that have traditionally been out of reach. Speaking in a Bloomberg interview on Monday, Tenev contrasted the efficiency of crypto markets with the bureaucracy of traditional stock exchanges, emphasizing how […]

U.S. Seizes $31M in Crypto from Uranium Finance Hack

U.S. authorities have seized $31 million in cryptocurrency linked to the April 2021 Uranium Finance hack, which resulted in $50 million in stolen assets. The Southern District of New York (SDNY) confirmed the seizure in a post on X (formerly Twitter) Monday, urging victims of the Uranium Finance hack to contact law enforcement for potential […]

Kanye West Sends Mixed Signals on Crypto Plans

Rapper Ye, formerly known as Kanye West, has once again baffled the crypto community with erratic social media behavior and conflicting messages about his rumored meme coin project. What Happened? On Sunday, Ye fueled speculation about an official cryptocurrency launch by posting on X (formerly Twitter): “I need my own blockchain.” The post ignited rumors […]

Bybit Hacker Ranks Among Top ETH Holders

The Bybit exploiter now ranks as the 14th-largest Ethereum (ETH) holder, per Etherscan analytics—but the true scale of their holdings is obscured by a crucial detail. Unlike legitimate top holders, this actor has distributed stolen funds across 54 separate wallets, making it difficult to quantify their actual dominance in the ETH ecosystem. While Bitfinex, a […]

Bybit Suffers $1.44B Ethereum Hack Amid Cold Wallet Breach

Cryptocurrency exchange Bybit has confirmed a major security breach, involving its Ethereum (ETH) cold wallet, in an incident that could significantly impact Ethereum’s price action. In a recent post on X (formerly Twitter), Bybit revealed that a “sophisticated attack” occurred during a transfer from its ETH multisig cold wallet to a warm wallet, allowing the […]

Grayscale XRP ETF Filing Advances to SEC Review

Grayscale’s proposed XRP exchange-traded fund (ETF) has officially entered the U.S. Securities and Exchange Commission’s (SEC) Federal Register, moving it one step closer to approval. The Thursday publication has triggered a 21-day public comment period, during which the SEC will evaluate the proposal. The regulator is expected to approve, deny, or extend the review process […]