Phemex Suffers $70 Million Breach: Analyzing the Largest Crypto Exchange Hack of 2025

In January 2025, the cryptocurrency community was jolted by news of a significant security breach at Phemex, a prominent Singapore-based crypto exchange. Hackers successfully infiltrated the platform’s hot wallets, absconding with approximately $70 million in various digital assets. This event stands as the most substantial crypto exchange hack of the year to date, underscoring persistent […]
Indian Railways Integrates NFT-Based Ticketing for MahaKumbh Mela Pilgrimage

In a groundbreaking move, Indian Railways has announced the issuance of non-fungible token (NFT)-based train tickets for passengers attending the MahaKumbh Mela, a significant Hindu festival and pilgrimage occurring once every 144 years. Strategic Partnership and Technological Integration Blockchain firm Chaincode Consulting revealed a partnership with the Indian Railway Catering and Tourism Corporation (IRCTC) to […]
Crypto Scammers Exploit TRUMP Meme Coin Hype with 6,800 Fake Tokens and 91 Fraudulent dApps

The cryptocurrency landscape witnessed a significant upheaval following the introduction of the Official Trump (TRUMP) meme coin on January 17, 2025. While the coin’s debut generated substantial interest, it also became a catalyst for a surge in fraudulent activities within the crypto ecosystem. According to a report by blockchain security firm Blockaid, the days following […]
BIMTECH Launches BIMCOIN: India’s First Blockchain-Based Campus Currency

In a groundbreaking move that merges financial technology with academic learning, the Birla Institute of Management Technology (BIMTECH), a premier business school in India backed by the Birla Group, has launched an in-house cryptocurrency named ‘BIMCOIN’. This initiative aims to facilitate seamless transactions within the campus and serve as a hands-on educational tool for students […]
Jason Derulo’s Meme Coin Controversy: A Cautionary Tale in Celebrity Crypto Endorsements

Pop singer Jason Derulo recently became embroiled in a cryptocurrency controversy after promoting a meme coin named JASON, which suffered a massive drop in value shortly after its launch. The incident has sparked broader discussions about the responsibilities and risks of celebrity endorsements in the highly volatile crypto market. The Rise and Fall of JASON […]
Return of $9 Billion in Stolen Bitcoin to Bitfinex Sparks Controversy

In a landmark decision, a U.S. federal court has ordered the restitution of approximately 94,643 Bitcoin (BTC), valued at over $9 billion, to cryptocurrency exchange Bitfinex. These funds were part of the nearly 120,000 BTC stolen during the infamous 2016 Bitfinex hack. While the recovery of such a substantial amount is unprecedented, the decision has […]
Siqi Chen’s ZERO Token Controversy: A Cautionary Tale in Crypto Experimentation

In late December 2024, Siqi Chen, CEO of Runway and known in the crypto community as the father of MIRA token’s namesake, found himself at the center of an unexpected cryptocurrency controversy. Chen launched a test token named ZERO on the Solana-based meme coin platform, pump.fun, explicitly warning potential buyers that the token was worthless […]
Trump’s $TRUMP Meme Coin and Pro-Crypto Policies: A Bold New Era for Cryptocurrency?

The cryptocurrency market is experiencing significant developments as President-elect Donald Trump prepares for his inauguration on January 20, 2025. A notable event is the launch of the $TRUMP meme coin, which has rapidly gained substantial market value. This initiative, along with anticipated pro-crypto policies, is poised to influence the broader cryptocurrency landscape. Launch of the […]
Sahil Arora’s $30 Million Celebrity Crypto Scam: A Deep Dive into Deceptive Practices

Sahil Arora, a Dubai-based investor, has been exposed for orchestrating an elaborate pump-and-dump scheme that allegedly earned him $30 million. By leveraging the influence of celebrities, Arora exploited the booming cryptocurrency market and its lack of stringent regulations. His activities highlight the risks in the rapidly evolving crypto space and the need for greater oversight. […]
MicroStrategy’s Strategic Bitcoin Acquisition Amid Market Volatility

MicroStrategy Inc., under the leadership of Executive Chairman Michael Saylor, has reaffirmed its commitment to Bitcoin by acquiring an additional 2,530 BTC for approximately $243 million. This purchase, conducted between January 6 and January 12 at an average price of $95,972 per coin, brings the company’s total holdings to 450,000 BTC, valued at around $40.8 […]