A Texas man received a 23-year federal prison sentence for running a crypto scam. The fraud drained nearly 1,000 investors of more than $20 million through a sham asset-backed token. Robert Dunlap, 55, of Houston, sold a digital asset called Meta-1 Coin from 2018 to 2023. Federal prosecutors in the Northern District of Illinois led…
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Hyperbridge has revised losses from its April 13 exploit to roughly $2.5 million. That is about 10 times the original estimate of $237,000. The team disclosed the new figure in a post-incident update on April 16. The revision adds losses from associated incentive pools. It also reflects forensic work across four EVM chains. What the…
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President Donald Trump said Thursday that a US-Iran deal is “looking very good,” with negotiations between Washington and Tehran set to resume this weekend ahead of the current ceasefire’s expiration. The remarks came as oil prices slipped, US equities pushed to record territory, and crypto markets posted modest gains on renewed diplomatic optimism. US Iran…
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Commodity Futures Trading Commission (CFTC) Chairman Michael Selig told House lawmakers the agency will pursue anyone committing fraud or insider trading in prediction markets with “the full force of the law.” Selig appeared before the House Agriculture Committee on Thursday as the agency faces mounting pressure over fast-growing event contract platforms and suspicious trades tied…
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The US House of Representatives rejected a War Powers Resolution on Iran by a 213-214 vote today, preserving President Donald Trump’s authority to continue military operations. The narrow defeat came as Trump simultaneously announced a 10-day ceasefire between Israel and Lebanon, positioning himself as a peacemaker even as Congress debated constraints on his war powers.…
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Pi Network (PI) announced it has surpassed 18 million identity-verified users, positioning the figure as a structural advantage over networks that measure growth by wallet count alone. The post from the Pi Core Team argued that verified identities are necessary for any transfer of value. There are over 18 million identity-verified users on Pi. But…
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Ordinals (ORDI) posted a 94% single-day gain on April 16, pushing directly into its first major Fibonacci resistance zone. The move follows months of base-building and a falling wedge breakout visible across multiple timeframes. A massive volume surge accompanied the advance, driving price from the $2.00 range to above $6.60. ORDI is now testing the…
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NEAR Protocol’s largest Decentralized Finance (DeFi) hub, Rhea Finance, suffered a $7.6 million exploit after an attacker manipulated its oracle and validation layer. Blockchain security firm CertiK flagged the incident, confirming that assets were drained across multiple tokens. How the Rhea Finance Exploit Unfolded The attacker deployed fake token contracts and created fresh liquidity pools…
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The Russian crypto industry has suffered a serious incident. Grinex, a crypto exchange that facilitates payments for businesses and individuals, announced a major hack. According to the company’s official data , the amount of stolen funds exceeded 1 billion rubles, translating to over $13 million. Details of the incident In an official statement, the platform’s representatives…
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Charles Schwab has begun a phased launch of spot Bitcoin (BTC) and Ethereum (ETH) trading, opening direct crypto access to its retail brokerage clients for the first time. The product, called Schwab Crypto and operated by Charles Schwab Premier Bank, SSB, will roll out in stages starting in Q2 2026. An initial cohort of employees…
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