Pastor Faces Charges for Selling Useless Crypto
A Colorado-based online pastor and his partner have been charged with fraud for selling a cryptocurrency called “INDXcoin” to their followers.
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Nethermind Bug: Highlighting Ethereum’s Client Diversity Needs
Some members of the Ethereum community have stressed the importance of diversifying away from Geth, the dominant client after a critical bug in Nethermind’s execution client resulted in processing issues and a subsequent hotfix.
Virginia Senate Bill Protects Digital Assets Mining Rights
The Virginia State Senate introduces legislation to regulate digital assets, exempt miners from licensing requirements, and provide tax incentives for cryptocurrency transactions.
Terraform Labs files for bankruptcy amid legal challenges
Terraform Labs, the creator of the defunct stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the US.
U.S. Banks Poised to Embrace XRP for Global Payments
Ripple’s XRP is speculated to be adopted by U.S. banks for international payments, following a legal victory and potential for wider adoption in the blockchain market.
Trezor Security Breach Exposes 66K Users
Trezor reports a security breach compromising user contact details, raising concerns for potential phishing attacks, but assures users that no funds were compromised and emphasizes the ongoing security of their devices.
Cantor CEO Affirms Tether’s Backed Assets, Questions Bitcoin Investment
Howard Lutnick, CEO of Cantor Fitzgerald, reaffirms that his company is backing Tether’s assets while expressing skepticism about Bitcoin as an investment.
Solana Mobile to Launch Affordable Follow-up to Saga Phone
Solana Mobile plans to launch a more affordable follow-up to its Saga smartphone, incorporating the same crypto-friendly features while introducing different hardware.
Cardano Eyes All-Time High As Shib Burns Billions
Cardano could potentially retest its $3 record peak this year according to experts, even as Shiba Inu accelerates token burns. Meanwhile Meme Moguls takes a utility-driven approach.
Bitcoin Lukewarm As S&P 500 Surges To Record Peak
Bitcoin clings to muted price action under $42k even as the S&P 500 celebrates fresh all-time highs – with upcoming Fed policy moves in focus.