Informed Crypto News

Informed Crypto News

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Rumble begins merging with Northern Data

Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data.

Crypto hack goes political as Grinex blames ‘Western special services’

Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B.

Solana validator logs 32 delinquencies, foundation still claims ‘100% uptime’

Solana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32 times in 30 days.

Tether challenges USDC Solana hegemony with $127.5M Drift bailout

Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack.

Web3 collapse accelerates as eight games fail this year

Eight web3 games have either shuttered, paused operations, or pivoted back to web2 this year as major funding dries up.

STRC controversy goes mainstream

Strategy’s high-yield dividend stock STRC funds record BTC purchases, sparking major social media controversy and scrutiny from Coffezilla.

France crypto conference doubles security as wrench attacks rise

France has reportedly seen one violent crypto-related robbery attempt every five days on average this year.

Justin Sun goes to war with World Liberty Financial

Justin Sun blasted Trump-linked World Liberty Financial’s token plan after investing $75M, calling its new governance proposal “tyrannical.”

Crypto trader shorted the top, still lost 3,963%

Extreme negative funding rates turned the winning short-sale of a crypto meme into a huge loss, despite a correct bet on its decline.

Who is Kevin Warsh, Trump’s Federal Reserve nominee?

Kevin Warsh, Trump’s nominee to be chair of the Federal Reserve, has extensive financial ties to the cryptocurrency ecosystem.

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