Crypto News
Tokenization Set to Transform Asset Management in the U.S.
Tokenization, the process of creating digital representations of assets, is poised to revolutionize the U.S. financial landscape according to a16z crypto. (Read More)Source link
MIND of Pepe Presale Hits $5M Milestone – Next Big AI Agent Crypto?
While most big-name AI tokens have posted losses in the past week, one new project is still gaining momentum. MIND of Pepe (MIND), which combines an AI agent with meme coin fun, just passed the $5 million mark in its presale. Early investors are buzzed about its mix of viral appeal and real-world utility. MINDSource link
El Salvador Buys the Bitcoin Dip, Snaps Up Further 11 BTC
The Central American country snapped up another 11 Bitcoin for its national reserve as crypto prices slumped this week.Source link
The DOJ’s Stance on DeFi Sparks Industry Concerns Over Liability
The Department of Justice's actions against DeFi developers raise concerns about liability and control, prompting calls for clearer legal definitions and policy reform. (Read More)Source link
Coinbase Users Are Losing $300M a Year to Social Scams, ZachXBT Says
Coinbase (COIN) users lost over $65 million to social engineering attacks in the past two months with an estimated $300 million lost to such attacks annually, crypto sleuth ZachXBT said in an X post Monday.The actual figure lost might be higher, because the amount doesn't include unreported cases, ZachXBT said.Coinbase has not publicly commented on the matter and did not respond to a CoinDesk request for comment before publication.Scammers utilize stolen personal data to deceive users by sending fake emails that mimic Coinbase's official communications, including false case IDs prompting users to transfer funds to scammer-controlled wallets, ZachXBT said.“Scammers clone the Coinbase site nearly 1:1 and allow the scammers to send different prompts to the target via spoofed emails using...