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Clawdbot Chaos: A Forced Rebrand, Crypto Scam and 24-Hour Meltdown
Scammers exploited a brief gap amid a trademark dispute to launch meme coin CLAWD, briefly inflate it to $16 million, and turn a viral AI project into a cautionary tale.
Binance pledges $1 billion to support crypto industry amid market uncertainty
The world's largest crypto exchange Binance announced a $1 billion pledge from its SAFU fund to support the industry amid market downturn
DePIN Tokens Prices Decline, But Revenues Rise as the Sector Shifts to Fundamentals
Token prices across DePIN remain deeply depressed, but on-chain revenues are growing, signaling a shift towards fundamental metrics in the sector.
Dogecoin plunges 7% as cryptocurrency sell-off hits meme coin bets
Popular meme cryptocurrency Dogecoin fell 7% amid the broader cryptocurrency market sell-off. Investors are shedding risky assets.
Tokenization firm Securitize reports 841% revenue growth ahead of IPO
Securitize, a leading tokenization firm, reported an impressive 841% revenue growth in 2022 amid the broader cryptocurrency market downturn.
Investors accuse Cere Network of $100 million fraud and token-dump scheme
Plaintiffs say insiders sold millions of dollars' worth of tokens immediately after Cere's 2021 ICO, sending prices into a near-total collapse.
Bybit eyes neobank features with IBAN accounts rollout planned for February
The cryptocurrency exchange Bybit announced plans to launch IBAN accounts and other neobank features in February 2023.
Circle's biggest bear surrenders, but warns stock is still a crypto roller coaster
Circle's rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.
Binance to shift $1 billion user protection fund into bitcoin amid market rout
Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits.
Robinhood CEO: GameStop Incident Was a Wake-Up Call for Tokenization
Robinhood is once again blaming the GameStop crisis on infrastructure, but experts point to undercapitalization.
BitMine and Strategy Stocks Plunge as Bitcoin and Ethereum Sink
Leading crypto treasury firms BitMine and Strategy saw their stocks plunge nearly 10% amid broader market uncertainty and a looming U.S. government shutdown.
SEC Chair Gary Gensler Delays Crypto Innovation Exemptions
The SEC Chair has walked back the timeline for introducing special exemptions targeting crypto sectors like tokenized securities and DeFi.