A group of tech billionaires led by Palmer Luckey, co-founder of military contractor Anduril, are launching a U.S. bank named Erebor to serve startups, including Bitcoin and other crypto businesses, according to a Financial Times report. The bank would be backed by tech investors including the Founder of Venture Capital Firm 8VC Joe Lonsdale, and
A fresh wave of excitement has gripped the crypto community after Ripple CEO Brad Garlinghouse claimed that XRP could eventually surpass Bitcoin, boasting a future market cap of $640 trillion. In a recent interview, Garlinghouse stated XRP’s current price struggles to the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), which he
Nepal police have busted a cryptocurrency racket in Kathmandu arresting 52 individuals, including six Chinese citizens, who were allegedly involved in an illegal online scam. The six Chinese nationals, who were allegedly the main culprits in the cryptocurrency and illegal money transaction scam, were identified as Jhang Lun, 29, Chen Jiahao, 27, Lin De,
More than 40 fake extensions in Firefox’s official add-ons store are impersonating popular cryptocurrency wallets from trusted providers to steal wallet credentials and sensitive data. Some of the extensions pretend to be wallets from Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, Keplr, and MyMonero, and include malicious code that sends stolen information to attacker-controlled servers. Fake
People keep coming back to crypto for its purported ability to make one rich overnight. The enduring tale is that a modest pile of coins bought today will swell into a life-changing fortune tomorrow. Two of the perennial crowd-pleasers in that genre are Dogecoin (DOGE 0.21%) and Cardano (ADA 0.05%). Both have fan bases that
Block3 is focused on reimagining how games are created and distributed. The project’s presale went live on Tuesday at the price of $0.01. The presale has already raised over $500,000. The foundations of the gaming industry are shifting. Established studios, long accustomed to big budgets and multi-year development cycles, are now
New York State Attorney General Letitia James is urging Congress to take aggressive steps to regulate the cryptocurrency market, warning that current legislation under consideration fails to provide meaningful protections for investors, national security, or the financial system. In a letter to congressional leaders, James called for major changes to the federal GENIUS Act and
Crypto users faced a rise in “psychologically manipulative” attacks in the second quarter as hackers dreamt up advanced and creative ways to try and steal crypto, according to blockchain security firm SlowMist. SlowMist’s head of operations, Lisa, said in the firm’s Q2 MistTrack Stolen Fund Analysis report that while it didn’t see an advancement in
Losses to crypto hacks, exploits and scams spiked to $2.47 billion in the first half of 2025, but the second quarter saw a decline in the total number of hacks, says blockchain security firm CertiK. Over $800 million was lost across 144 incidents in Q2, a 52% decrease in value lost compared to the previous
The crypto market faced a decline on Tuesday, with Bitcoin dropping to $105,000. Top altcoins Ethereum, XRP, and Solana declined 3.2%, 3% and 4%, respectively. The decline comes amid US Senate approval of One Big Beautiful Bill, reigniting tensions between President Trump and Elon Musk. Bitcoin (BTC) is down 1.5% in the early Asian session