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Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies.
Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress.
This evolution comes amid a sharp rise in crypto-related losses. In May 2025 alone, hackers and fraudsters drained over $244 million from users,...
Twelve years ago, hardcore Bitcoin users begged developers to “nuke” coins held in a US government wallet captured from Silk Road. They feared the feds could dump the stash and crush the market, or worse, wield it as monetary power.
Yet in March, the White House quietly ordained those same confiscated coins part of a new Strategic Bitcoin Reserve. What once sparked calls for a censorship fork...
IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens.
The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does not cover...
Elon Musk has announced a novel update to X, the social media platform formerly known as Twitter. A new feature, called XChat, is now rolling out, offering private messaging secured by what Musk calls “Bitcoin-style encryption.”
He stated:
“All new XChat is rolling out with encryption, vanishing messages and the ability to send any kind of file. Also, audio/video calling.”
XChat replaces the...
The founder of the darknet marketplace Silk Road, Ross Ulbricht, received 300 BTC, worth around $31.4 million, in a single donation from an unknown wallet, data from Arkham Intelligence shows.
Ulbricht, who was sentenced to life in prison, received a full and unconditional pardon from U.S. President Donald Trump on January 21. He was released following the pardon after serving 12 years in prison...
American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding:
“They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing you can do with them that can’t be done...
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto.
Unlike the Coinbases, Fidelities, and Galaxies of the crypto world that frequently make the headlines, core infrastructure providers quietly building out the rails of the...
The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation is expected to hold a separate virtual session with Pakistan’s Finance Ministry to specifically discuss the electricity allocation.
Last week, Pakistan announced...
Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner Hester Peirce told CNBC on Friday. Peirce, who was appointed by now crypto-friendly President Donald Trump in 2018 and heads the SEC’s newly created Crypto Task Force, noted:
“…generally, it’s good for people to know, I should not be looking to...
One of the biggest stories in crypto this week unfolded as a prominent trader on the Hyperliquid decentralized exchange, known as James Wynn, saw nearly $100 million in leveraged Bitcoin positions liquidated after the price of BTC dipped below $105,000. The swift market downturn, triggered in part by new tariff announcements from the United States, wiped out a massive bet that had previously seen...