New revelations suggest that the arrest of Vladimir Smerkis, the former Binance Russia chief and co-founder of Telegram-based crypto app Blum, may be connected to his past involvement in crypto ventures that collapsed and left investors at a loss. The Zamoskvoretsky District Court ordered Smerkis’s detention last week, although the exact charges remain undisclosed. According…
Render price declined 8% in the past 24 hours, currently trading at $4.50 as the trading volume surged over 150%. The drop appears to stem from confusion surrounding Coinbase’s May 27 announcement about delisting the RNDR token. However, the delisting affects the older Ethereum-based version of Render (RNDR), not the newer Solana-based RENDER. Coinbase stated…
Trump Media & Technology Group (TMTG) has announced a $2.5 billion private placement that will fund one of the largest corporate Bitcoin treasuries in history. The company, which operates Truth Social, Truth+, and Truth.Fi, revealed the funding structure includes $1.5 billion in common stock and $1 billion in convertible notes, priced at a 35% premium….
Strive Asset Management, the investment firm co-founded by Vivek Ramaswamy, has unveiled a $750 million private investment in public equity (PIPE) round, with funds earmarked for significant Bitcoin purchases and a suite of alpha-generating strategies. The round could scale to $1.5 billion following the execution of warrants, the firm announced on May 27, 2025. The…
French authorities have detained more than 12 suspects — including minors — in connection with a string of high-profile crypto-related kidnapping attempts that have shaken Paris in recent weeks. The arrests, carried out early on May 27, were led by the Brigade de Répression du Banditisme (BRB), France’s elite anti-gang unit. Coordinated raids took place…
Three months after suffering one of the largest crypto heists in history, blockchain analysis reveals that nearly half of the $1.4 billion stolen from Bybit has disappeared from public view after being processed through advanced crypto-mixing tools. According to updated internal data from Bybit, $644 million of the stolen funds — about 46% — has…
The Sui Foundation has announced it will not participate in the upcoming on-chain vote regarding the recovery of $162 million in frozen assets tied to the recent Cetus protocol hack. The vote will determine whether a protocol upgrade should be implemented to restore the funds—without rolling back or reversing the Sui blockchain’s transaction history. Emergency…
Mihailo Bjelic, co-founder of Polygon, has officially announced his departure from the Polygon Foundation board and will also wind down his day-to-day involvement with Polygon Labs, marking a significant leadership shift at one of Ethereum’s most prominent scaling projects. In a statement posted on X on May 23, 2025, Bjelic reflected on Polygon’s evolution from…
Crypto exchange Bybit has partnered with international hedge fund Imrat Group to launch a new product allowing traders to buy global stocks using USDT, the companies announced on Friday, May 23. The initiative brings traditional financial instruments—including U.S. stocks like Apple, Tesla, Nvidia, and Amazon—directly to crypto users without the need to convert digital assets…
U.S. stock markets turned sharply lower on Friday following fresh tariff threats from President Donald Trump targeting the European Union, reigniting global trade concerns and sending investors fleeing from risk assets. The Dow Jones Industrial Average dropped over 480 points, while the S&P 500 lost 1% and the Nasdaq Composite fell 1.2% in early trading….