The firm calls the penalty "draconian" and unjustified, arguing that a fine closer to $10 million would be more appropriate.

ZKasino, a blockchain-based gambling platform, is under scrutiny after users accused it of misleading investors and stealing deposited ETH. Notably, prominent backers like Big Brain Holdings and MEXC distanced themselves from the project in light of these fraudulent activities

The Hong Kong Securities and Futures Commission has approved applications for spot Bitcoin exchange-traded funds.

Political trends are soaking into crypto. The rise of meme-coins with cultural relevance challenges the assumption that such tokens have no intrinsic value or utility.

Propelled by low fees and easy access, memecoin degens have taken over Coinbase’s Ethereum layer-2 blockchain.

With a pre-market price setting Wormhole’s market cap at an impressive $2.7 billion, concerns arise about its value compared to its actual usage in the bridge market.

Since announcing his coming-of-age, the co-founder of Ethereum has come up with some chaotic ideas for the crypto community to try to make sense of.

Degen Chain, a Layer 3 network built for memecoin trading, has seen over 10.5 million transactions and 500,000 new wallets in the last several days. Its native token, DEGEN, has surged 13x in the last two weeks, and currently boasts a market cap of over $500 million.