Author name: Aida Bolton

After roughly four months of recovery efforts, WazirX, the largest crypto exchange to have operated in India, has frozen $3 million in USDT from last year’s devastating $230 million security breach in July. This comes as WazirX undergoes “restructuring proceedings” and works to “trace and retrieve stolen assets,” a statement shared with Decrypt reads. Freezing […]

Pump.fun, one of the most successful crypto projects of last year, is facing a class action lawsuit for alleged violations of securities law. The lawsuit specifically names the sale of popular meme coin Peanut the Squirrel (PNUT) as unlawful. While the sole plaintiff is claiming to have lost just $231, they are bringing the claim

The FBI has rumbled a surreal plot to kidnap a Miami jeweler and steal $2 million in cryptocurrency. According to a court filing, a confidential source had tipped off law enforcement about the planned abduction. They claimed that a man called “Jack” had assembled a group that was planning to strike on the morning of

Blockchain developer Michael Lewellen has filed a lawsuit against the U.S. Department of Justice, accusing the agency of criminalizing crypto development through an overly broad interpretation of federal money-transmission laws. Filed Thursday, the lawsuit seeks to prevent prosecution of his decentralized crowdfunding platform, Pharos, which he argues operates outside the scope of these regulations. Pharos,

The growth of crypto-focused ETFs is expected to accelerate this year, with one seminal meme coin tapped as the likeliest candidate to lead the charge. “In 2025, a core asset manager will launch a meme coin ETF…Our money’s on DOGE,” crypto trading firm Wintermute wrote in a Friday report. Traditional financial institutions showed a notable

U.S. Senator Cynthia Lummis (R-WY) has issued a scathing rebuke of the Federal Deposit Insurance Corporation (FDIC), alleging misconduct in the agency’s handling of digital asset oversight and threatening whistleblowers. On Thursday, Lummis sent a letter to FDIC Chair Marty Gruenberg after whistleblowers alleged that the agency destroyed materials related to its crypto-related operations and

During Thursday’s Senate confirmation hearing, President-elect Donald Trump’s Treasury Secretary nominee, Scott Bessent, rejected the need for a U.S. central bank digital currency (CBDC), assuaging concerns some crypto observers have long held. “I see no reason for the U.S. to have a central bank digital currency,” Bessent told the Senate Finance Committee. “In my mind,

Why would anyone want a self-driving supercar? Italian luxury carmaker Maserati has an answer: combine cutting-edge artificial intelligence with thrilling speed. This need for speed is the idea behind the new Maserati MC20 supercar showcased at CES 2025. A supercar is a high-performance sports car designed for exceptional speed, cutting-edge technology, and luxury. It is