Author: Michael Fawn
Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
A critical bug was misread by Cosmos Labs, directly preceding a large-scale hack impacting six different blockchain chains and resulting in significant financial losses.
A user was hacked after Claude AI provided a malicious download link. The fake file could reinfect clean laptops and steal credentials.
Deribit has moved 90% of its client assets to Coinbase and subsequently ceased its daily proof-of-reserves check, opting for less public audited materials.
Despite reallocating resources for Microsoft’s AI cloud, Bitcoin miner IREN continues to generate the vast majority of its revenue from Bitcoin mining operations.
The US 10-year Treasury yield closed the week at its local high, defying efforts by the US Treasury and an official named Bessent.
The CFTC has sanctioned a White House staff member, prompting Kalshi, a regulated exchange, to issue a warning to its users regarding compliance.
Starkware successfully mined a quantum-resistant Bitcoin transaction on mainnet, offering an opt-in defense against future quantum attacks without consensus changes.
Ethena Finance aims to expand its stablecoin USDe’s yield by integrating real-world asset perpetuals, exploring new revenue streams and scalability.
Blokyz’s non-fungible token sale generated $64 million in revenue within 24 hours, but the company retained less than $600,000 from the transactions.
The Japanese Yen has fallen below 160 against the US Dollar, marking its weakest position in the past month.