How Was The Tutorial Wallet Used? BNB Chain said it is pursuing legal action against a former employee who allegedly retained unauthorized access to the seed phrase of a company tutorial wallet and later used the address to launch a memecoin called Asteroid Shiba, or ASTEROID. The wallet had originally been created for a video
Why Did Tether’s Profit Remain Strong? Tether generated $1.5 billion in net operating profit during the second quarter of 2026 as interest income from its U.S. Treasury portfolio continued to support earnings despite weaker conditions across digital asset markets. The stablecoin issuer said the quarterly result was driven mainly by returns on U.S. Treasury securities
Why Did Pump.fun’s Graduation Rate Rise? Pump.fun’s token graduation rate climbed to 6.7% last Friday, roughly eight times its average level during June, after the memecoin launch platform introduced a new mechanism designed to improve trading incentives around newly migrated tokens. The increase extended beyond a single session. Pump.fun’s graduation rate averaged 4.7% over the
For years, FX brokers and crypto platforms have relied on sign-ups, acquisition costs, first deposits and initial trading activity to measure the success of their marketing funnels. These figures are easy to track, present and compare, but they offer only a limited view of whether a newly acquired user will become a valuable, suitable and
Why Is Uphold Cutting Its Workforce? Crypto trading platform Uphold has reduced its global workforce by roughly 17% as it redirects staff and investment toward its enterprise services business. The restructuring affected 85 people, including permanent employees and contractors across several regions. Uphold said the decision followed weaker retail crypto trading activity during the recent
How did the Triple-A wallet drain expand? Losses linked to an apparent compromise of hot wallets associated with Singapore-based payments firm Triple-A have risen to about $11.8 million, adding to concerns that funds continued to move long after the first large outflows were detected. Onchain investigator Specter initially identified the activity on Friday and estimated
Why Did Ethereum ETF Flows Turn Negative? U.S.-listed spot Ethereum exchange-traded funds recorded $70.62 million in net outflows on Friday, ending a five-session run of positive flows as cryptocurrency prices retreated from their weekly highs. The funds had attracted $211.25 million between July 17 and Thursday. Despite Friday’s reversal, they finished the week with $103.9
Why Did World Raise Another $52.5 Million? World Foundation has raised $52.5 million through a strategic sale of WLD tokens as the organization moves from building its identity network to expanding World ID adoption among enterprises, consumers and AI agents. Pantera Capital led the first close, with participation from Bain Capital Crypto, Eightco Holdings, Selini
What Happened To Vlad Tenev’s X Account? Robinhood CEO Vlad Tenev’s X account was compromised on Thursday and used to promote a fake memecoin that claimed to be the official mascot of Robinhood Chain. The unauthorized post, published at about 17:24 UTC, announced a token called Vladhood, or VLAD, and claimed it would be listed
The cryptocurrency market experienced a powerful wave of momentum as digital assets reacted to major ecosystem developments. While macroeconomic decisions often dictate broad market swings, coin-specific utility frequently steals the spotlight. Gram ($GRAM)—formerly known as Toncoin—emerged as one of the standout performers in the digital asset landscape, demonstrating why crypto is rallying today with notable