Uniswap Labs’ decision to launch Unichain, its Layer-2 (L2) network, without extensive consultation with the Uniswap DAO has sparked significant controversy within …
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Web3
Crypto.com CRO faces backlash amid 70 billion burned token restore, 87% early voters say ‘no’
by shayaanby shayaanCronos, the Layer 1 blockchain linked to Crypto.com, faces strong opposition over a proposal to restore 70 billion CRO tokens burned in …
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The US government’s decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset …
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Finance
Revolut faces investor pressure for share sale before $1B profit report
by shayaanby shayaanInvestors are urging Revolut to consider another secondary share sale as new stakeholders seek entry into the fintech firm, Bloomberg News reported …
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Finance
Crypto market faces a massive liquidity crisis, $325 billion wiped since Friday
by shayaanby shayaanThe crypto market is in a full-scale meltdown, with $325 billion in market cap wiped out since Friday morning as of press …
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Cardano price started a fresh decline from the $0.820 zone. ADA is now consolidating losses and at risk of more losses below …
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Amid the ongoing market uncertainty, while the majority of cryptocurrencies are witnessing price recovery, Litecoin (LTC) is poised for a massive price …
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Regulation
Russia Faces Surge in Crypto Crime, Supreme Court Prepares Legislation
by shayaanby shayaanRussia has been grappling with a surge in crimes connected to crypto, according to the country’s Supreme Court. At a recent meeting …
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Mining
Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
by shayaanby shayaanRussian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately …
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A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his …