Crypto wallet provider Phantom is facing a lawsuit after an alleged security flaw allowed hackers to steal over $500,000 worth of Wiener Doge memecoin tokens. The complaint, filed on Apr. 14 in New York by attorney Thomas Liam Murphy and 13 others, accuses Phantom of negligence, fraud, and deceptive practices. According to the filing, a…
Key Takeaways Phantom Technologies faces a lawsuit for negligence and regulatory violations after a $500,000 hack. The breach exposed Phantom as unregistered, with insecure key storage, leading to massive losses for Wiener Doge investors. Share this article A group of investors led by attorney Liam Murphy has filed a lawsuit against Phantom Technologies and OKX,…
As financial instability deepens, investors are betting big on tokenized gold like PAXG and XAUT over a traditional gold ETF. Blending the austerity of gold with digital convenience, these digital assets are becoming key tools for diversification in a turbulent 2025. (DeFI Llama) Gold-Backed Cryptos Outshine the Gold ETF Market Gold-backed cryptos are stealing the…
Bob Bodily, co-founder of the Bitcoin-based trading platform Odin.fun, has revealed that a suspected hack compromised his account on the website, triggering a halt in trading and withdrawals. Following the incident, Odin’s Dog (ODINDOG), a meme coin native to the platform, saw its price crash by over 55% in the last six hours. The Hack…
Major U.S. stock indices ended Monday in positive territory, while Bitcoin reclaimed the $85,000 level and is now up 7% over the past week. Investor sentiment improved after President Donald Trump announced exemptions on smartphones, computers, and other components from his “reciprocal” tariffs. Apple (AAPL) shares gained after analysts at KeyBanc Capital Markets upgraded the…
Key Takeaways The US Department of Homeland Security is investigating Anchorage Digital Bank for financial practices. Anchorage has expanded its partnership with BlackRock for custodian services in crypto assets. Share this article The US Department of Homeland Security’s El Dorado Task Force has launched an investigation into Anchorage Digital Bank, the first and only chartered…
Tron is up 15% in one week as TRXUSD is likely to break from the 4-month consolidation. Will DeFi growth, World Liberty Financial backing, and stablecoin growth drive TRX to $1? Tron crypto has secured its spot in the top 10, surpassing Cardano and LEO Token, according to Coingecko. Although the coin has remained steady…
Metaplanet has once again reinforced its commitment to Bitcoin, acquiring an additional 319 BTC worth approximately $26.3 million at an average price of $82,549 each. This latest buy brings the company’s total Bitcoin holdings to 4,525 BTC, valued at about $386.3 million. Relentless Bitcoin Accumulation The publicly traded company listed on the Tokyo Exchange has…
Solana is currently struggling to reclaim a key point of control within its trading range, leading to a weak rejection and signs of bearish compression. As the price remains below this critical volume zone, it opens up the possibility of a move below $90, a region primed for a potential liquidity sweep and swing failure…
Key Takeaways OpenAI unveiled the GPT-4.1 series promising major improvements in coding, instruction following, and context understanding. The GPT-4.1 models offer reduced latency and improved cost efficiency compared to previous versions. Share this article OpenAI has officially released its next-generation model lineup—GPT-4.1, along with GPT-4.1 mini and GPT-4.1 nano—featuring major improvements in coding, instruction following,…
