JPMorgan Chase, the largest bank in the U.S., is intensifying its foray into digital assets by piloting a new deposit token named JPMD. This initiative marks a decisive shift in how a traditional commercial bank leverages blockchain mechanics to facilitate…
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Predatory Sparrow Hacks Nobitex Iran $90M Burns Loot
Geopolitical tensions in the Middle East have spilled over into the crypto industry as Predatory Sparrow launched one of the most symbolic cyberattacks in recent memory. On Tuesday, Nobitex, the largest cryptocurrency exchange in Iran, was breached for more than…
Coinbase draws criticism sponsoring US military parade
The first large-scale military parade in Washington, D.C., in decades unfolded on Saturday to mark the 250th anniversary of the United States. Among the marching units and military hardware, corporate banners lined the review stands to recognize sponsors. Coinbase, the…
Shopify partners with Coinbase and Stripe 2025 USDC launch
In a bold expansion of its payment ecosystem, Shopify is set to introduce stablecoin transactions for all merchants on its platform later this year. This initiative marks the largest foray into cryptocurrency by the e-commerce leader, leveraging USDC—an asset-backed digital…
Singapore Offshore Crypto Exchanges to Plan Exit
A recent directive from the Monetary Authority of Singapore has compelled major cryptocurrency exchanges without local licences to prepare for an expedited withdrawal from the city-state. The MAS warning, issued on 30 May 2025, gave offshore operators until 30 June…
Coinbase alumni raise $30 million for Turnkey crypto wallets
Turnkey is a crypto infrastructure company focused on simplifying the process of creating and managing digital wallets. Founded in 2022 by two former Coinbase employees, the company offers APIs that developers can use to build wallet features into their applications.…
BitoPro Reports $11 Million Dollar Hack Impact on Users?
In early May 2025, BitoPro, a Taiwanese cryptocurrency exchange, confirmed a significant security breach. BitoPro’s team revealed that hackers targeted an old hot wallet during a system upgrade. This incident drew attention after a crypto sleuth highlighted approximately $11.5 million…
Robinhood shares reach a five year high as crypto rallies?
Nearly four years after its initial public offering, Robinhood’s shares finally climbed to an all-time high, closing at $71.72 after a 5.5% surge. This milestone reflects broader market trends, a renewed interest in cryptocurrencies, and strategic business moves. The remarkable…
Will Thailand block bybit and OKX trading on June 28?
Thailand’s financial regulators have moved to block five cryptocurrency exchanges from operating in the country. This action follows updates to local laws focused on technology crime prevention. The affected platforms include Bybit, OKX, CoinEx, XT.COM, and 1000X. Authorities say the…
Coinbase faces 400 million cost after 69K user data breach?
On 15 May 2025 Coinbase, the largest U.S. cryptocurrency exchange, disclosed the most costly security failure in its 12-year history: personal data belonging to at least 69,461 customers had been siphoned out through its own offshore help-desk pipeline. Criminals who…