Truth social is moving deeper into cryptocurrency finance through a new set of exchange-traded fund proposals tied to its brand. Yorkville America Equities, the asset manager backing several exchange-traded funds linked to U.S. President Donald Trump’s social media platform, has…
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Mirae Asset to take 92% control of Korbit in Korea deal
South Korea’s Mirae Asset financial group is moving to take control of Korbit, one of the country’s five major cryptocurrency exchanges, in a deal that underlines the growing overlap between traditional finance and digital asset platforms. The planned acquisition comes as lawmakers…
Is Robinhood chain ready for developers on Ethereum L2 now?
Robinhood is opening its new Ethereum layer-2 network to outside developers, marking a notable step in the company’s broader push into decentralized finance. Alongside that move, the brokerage has launched a public testnet for Robinhood Chain, giving developers a chance to trial applications…
Did signature phishing rise 207% as January losses hit $6M?
Blockchain security firm Scam Sniffer has reported a sharp resurgence in signature phishing, warning that attackers drained $6.27 million from 4,700 wallets in January alone. The figure represents a 207% jump in losses compared with December, and stands out against…
Will crypto ETP flows stabilize after $187 million weekly exit?
Crypto ETP markets are showing signs of stabilizing after weeks of heavy selling, as outflows slowed while trading activity reached new highs. Data from CoinShares and other industry trackers indicate that investors continued to pull money from crypto exchange-traded products,…
Is Jack Dorsey’s Block cutting 10% staff after $5B buyback?
Block Inc., the fintech company led by jack dorsey and known for Cash App, Square and Afterpay, is preparing another round of job reductions as part of a wider restructuring. The planned cuts, which could affect as much as 10%…
How did teen crypto theft suspects chase $66 million across states?
A recent violent home invasion in Arizona highlights how crypto theft is moving from online exploits to physical attacks. Two high school students from California now face felony charges after allegedly traveling hundreds of miles to target a Scottsdale family…
How did $24.9 million vanish from U.S. Marshals Service wallets?
In early 2024, a hacker drained roughly $24.9 million in cryptocurrency from wallets overseen by the U.S. Marshals Service, prompting scrutiny of how the agency manages digital assets. The breach, which targeted government-controlled wallets linked to a newly created federal bitcoin…
Did Step Finance Treasury Wallets Hack Trigger $30M SOL Loss?
Step Finance treasury wallets were at the center of a major security incident during Asian Pacific trading hours, as the Solana-based DeFi platform confirmed a sophisticated attacker drained a substantial portion of its on-chain holdings. Around 261,854 SOL, valued at…