Crypto News
$364 Million Lost in April to Crypto Hacks, Scams: CertiK
Most of these losses relate to a single incident—with 3,520 BTC stolen from an elderly U.S. citizen following a phishing attack.Source link
Tesla Board Denies WSJ Report on CEO Search, Musk Slams Article as False
The Wall Street Journal reported that Tesla’s board had initiated a search for a new CEO to replace Elon Musk, citing sources familiar with discussions that began in March due to Musk’s focus on his role in the Trump administration’s Department of Government Efficiency (DOGE) and Tesla’s declining stock price and sales. The report notedSource link
World Liberty’s Stablecoin Will Be Used to Close MGX’s $2B Binance Investment: Eric Trump
Eric Trump, son of U.S. President Donald Trump, said that World Liberty Financial's dollar denominated stablecoin (USD1) has been officially selected as the official stablecoin to close MGX’s $2 billion investment in Binance.Speaking at the Token2049 event in Dubai, Trump also announced that USD1 will be integrating with the Tron ecosystem, which is backed by billionaire Justin Sun.Earlier this year, Abu Dhabi-based investment firm MGX put $2 billion to buy a stake in Binance, marking one of the first institutional investment in the world's largest exchange.The Trump-family backed World Liberty Financial, announced its plans for launching a dollar-backed stablecoin with BitGo in March. “USD1 will become one of the most transparent and regulated stablecoin in the world. It is backed...
Ethereum Set for UX Overhaul With New Interoperable Address Standards
Contributors are working on new ERC-7930 and ERC-7828 standards to simplify transactions on Ethereum and compatible chains.Source link
Biometric Crypto ID Project World Expands to US With Visa Card Partnership and Tinder Verification Pilot
World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID,Source link