Binance Ex-CEO Changpeng ‘CZ’ Zhao Wants Court to Dismiss FTX’s $1.8B Lawsuit

Binance Ex-CEO Changpeng ‘CZ’ Zhao Wants Court to Dismiss FTX’s $1.8B Lawsuit

FTX vs. Zhao Changpeng ‘CZ’ Zhao, the founder and ex-CEO of the world’s largest exchange, Binance, has moved to court to challenge a lawsuit leveled against him by collapsed exchange FTX. Initially filed last November, the lawsuit seeks to recover $1.8 billion in various cryptocurrencies sent to Binance four years ago. FTX’s court filings…

Aave Users Targeted by Google Ads Phishing Scam After $60B Milestone

Aave Users Targeted by Google Ads Phishing Scam After $60B Milestone

Soon after decentralized liquidity protocol Aave announced it had surpassed $60 billion in net deposits, scammers launched a phishing campaign targeting its users through Google Ads, according to security researchers. On Wednesday, Aave said that it had become the first decentralized finance (DeFi) protocol to accumulate $60 billion in net deposits across 14 networks. According…

With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush

With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush

KakaoBank is preparing to enter South Korea’s fast-growing stablecoin sector, according to local reports. In its first-half earnings call on Tuesday, KakaoBank CFO Kwon Tae-hoon said the firm is “actively considering” roles in both stablecoin issuance and custody, with participation aligned to the country’s shifting digital asset policies. “We plan to engage actively in line…

XRP Holders Earn Daily Passive Income with Find Mining’s New Payment Integration

XRP Holders Earn Daily Passive Income with Find Mining’s New Payment Integration

Find Mining has recently launched the “Pay with XRP” feature, allowing global users to pay with XRP and access mainstream cryptocurrency mining services. Manhattan, New York—Find Mining, a leading global cloud computing service provider, announced that users can now pay for its cryptocurrency computing services with XRP. By depositing XRP into their accounts, users can…

A Collateral To Generate Creator Coins

A Collateral To Generate Creator Coins

Rally (RLY) is the native cryptocurrency token of the Rally Network: a blockchain-based platform designed to empower creators, communities, and content creators by providing tools for launching and managing their digital currencies or tokens. Rally allows content creators and communities to create their own unique digital tokens, known as Creator Coins. These coins can…

IREN Soars 11% After Mining More Bitcoin Than MARA In July

IREN Soars 11% After Mining More Bitcoin Than MARA In July

Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin (BTC) in July, beating MARA’s 703 BTC mined over the same period despite having a smaller deployed hashrate — 50 exahashes per second…

Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

Digital asset manager Parataxis Holdings is officially going public through a SPAC deal with SilverBox Corp IV, confirming earlier plans to list, it announced in a press release on Wednesday. The new entity will be called Parataxis Holdings Inc. and aims to trade under the ticker “PRTX” on the New York Stock Exchange (NYSE). At…