CryptoNews

Ukraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining

Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over 5,000 customer…
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Binance Reaches 275M Users, Adds 80M in Five Months

Binance is skyrocketing past 275 million users, fueling a global crypto revolution with blistering adoption rates, real-world utility, and dominance in digital financial infrastructure. 275 Million and Rising—Binance Solidifies Dominance in Explosive Digital Finance…
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VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed

A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue. Top-Tier VC Firms Not Spared Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue, a new Chainplay and Strorible study has…
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Justin Sun & TRON DAO Lead Bitcoin Vegas 2025 Sponsorship

PRESS RELEASE. Geneva, Switzerland, June 3, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May…
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Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as…
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Crypto May Erode Public Trust in Credit, Warns Central Banker

A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems. Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout Bank of…
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Russia Considers Crypto for Settling Grain Exports

The Agricultural Bank of Russia is considering crypto-based tools as an alternative to traditional settlement methods for exporting over 49.5 million tonnes of grain. This measure could open the agricultural commodities market to digital assets, pioneering this use case. Russia Mulls Crypto Settlements for Grain Exports Russia is increasingly open to crypto adoption. The Russian Agricultural Bank…
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