There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing….
Category: business
Manta founder details attempted Zoom hack by Lazarus that used very real ‘legit faces’
Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware. …
Crypto exchange eXch to shut down amid money laundering allegations
Cryptocurrency exchange eXch announced it will cease operations on May 1 after reports alleged the firm was used to launder funds from a Bybit hack. In an April 17 notice, eXch said…
OpenAI sought Anysphere deal before turning its sights on WindSurf
OpenAI was reportedly in talks to buy Anysphere, the company that produces the Cursor AI coding assistant, before entering into talks with rival company WindSurf. According to CNBC, OpenAI approached Anysphere in…
Ripple acquisition Hidden Road secures FINRA registration
Prime brokerage Hidden Road, which was recently acquired by Ripple for $1.25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that enhances its capacity…
Cash-based crypto can enable financial inclusion for billions
Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4…
Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit…