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SwissBorg CEO Cyrus Fazel denies that hackers breached his wealth management firm to steal $41 million, instead blaming the exploit on an external DeFi wallet held by its SOL staking partner Kiln.  The theft, which was first reported by crypto sleuth ZachXBT on Monday, has already been compared by blockchain security specialist Chaofan Shou to the 2025 ByBit hack. Shou noted that a week-old unstaking transaction gave the hacker withdrawal authority over the funds.   Somehow they gave withdraw authority to the exploiter while unstaking. Bybit hack V2?https://t.co/eGrtWFsedZ https://t.co/WsvK6rMFRu pic.twitter.com/aNuOE2sSnV — Chaofan Shou (svm/acc) (@shoucccc) September 8, 2025 The transaction unstaked over $200,000.  Read more: DeFi default: Kinto shutdown prompts first haircut for Wildcat lenders Kiln announced today that it has disabled various services on its staking platform, such as its “Kiln Dashboard, Widget and APIs,” until it resolves the...

Shiba Inu ‘burns’ are the main and the most important catalyst that drives its price up in the charts which plummeted 99% on Thursday. Only 101,213 SHIB tokens were burned in the last 24 hours which is worth less than $1.2. The steep decline in the numbers is worrisome as without burns, its price will fail to move forward. Also Read: SHI Launch Could Ignite Shiba Inu’s (SHIB) Next Mega Rally: Here’s How Source: SHIBburn SHIB is currently trading in the $0.00001163 range on Thursday and remains in the red. The daily, weekly, monthly, and yearly charts are also in the red as Shiba Inu is only plunging in value. If it does not hold on to its resistance level, the dog-themed token stands at the crosshairs of adding an extra zero. Price Reversal Incoming for Shiba Inu as Burn Rate Plummets? Source: Twitter Shiba Inu is already on the path of a price reversal, regardless of whether the burns are high or low. Even when the third-party app sent millions of SHIB tokens to the dead wa...

The world’s largest crypto exchange platform by volume is adding support for a new liquidity infrastructure project, causing its native asset to skyrocket. In a new announcement, Binance says that on May 2nd, it rolled out support for the decentralized omnichain protocol StakeStone (STO). “Binance is excited to announce the 17th project on the HODLer Airdrops page – StakeStone, a decentralized omnichain liquidity infrastructure protocol designed to transform how liquidity is acquired, distributed, and utilized across blockchain ecosystems.” The HODLer Airdrops program, which launched in June 2024, rewards those holding Binance’s native asset BNB with crypto based on previous snapshots of their balances. News of the addition caused STO to explode, as it went from a May 2nd low of $0.118 to a peak of $0.204 just hours later. The digital asset has since retraced and is trading for $0.197 at time of writing, a 64.3% increase during the last 24...

Trading has been both volatile and strange since April started, with the days following the Liberation Day tariff announcement being especially dynamic and – for most assets – grim. In the stock market, the long-pummeled Super Micro Computer (NASDAQ: SMCI) spearheaded the fake-news-driven stock market rally on April 7, while, for cryptocurrencies, the popular meme coin Fartcoin (FARTCOIN) took the lead. Furthermore, not only is FARTCOIN the best-performing top 100 digital asset in the last 24 hours as it soared 32.67% within the time frame to its press time price of $0.6108, but is also at the top of the list in the last week of trading having recorded total gains of 20.40%. The five best-performing top 100 cryptocurrencies in the last 24 hours. Source: CoinMarketCap Zooming out further makes Fartcoin stand out even more. Within the 30-day chart, the meme coin is up a remarkable 136.40%. For comparison, Bitcoin (BTC) is down 4.07% within the same time f...

The global non-fungible token market finally seems to be rebounding after several months of downturn, with renewed interest from the whales driving momentum back into the space. The NFT market, which suffered a prolonged downtrend, began climbing earlier this month after Donald Trump was re-elected as United States President. In this article, we have listed some of the top-selling NFTs this week: 1. CryptoPunks NFT Collection CryptoPunks, a non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs previously created by Larva Labs but now managed by the digital asset firm Yuga Labs, is this week’s most traded NFT collection in the NFT market. In the past 24 hours, the NFT collection has amassed a trading sales volume of 1720 ETH. It has a market cap of 1.05 billion and a floor price of $105,456. 2. Bored Ape Yacht Club NFT Collection Bored Ape Yacht Club, another non-fungible token collection from the digital asset firm Yuga Labs that Features a limited e...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto enthusiasts have long been recognized for their unwavering faith in the currency’s ability to recover, but what if they start to doubt it? As the price of Bitcoin and other cryptocurrencies continues to decline, some leading experts issued warnings that investors are displaying severe signals of risk aversion. The “daily range” of Bitcoin is constantly shrinking, which signals that investors may ultimately start selling in large quantities if it suffers another significant drop. Considering these concerning signs, market analysts fear that phase of market capitulation is on its way for this crypto giant. Bitcoin and Market Capitulation When investors lose hope in a cryptocurrency and dump their holdings aggressively, this is referred to as capitulation or a period of aggressive  selling activity . It is frequently alluded to as “panic selling” as, during a time...

The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank. Crypto mining firm Marathon Digital Holdings has assured investors that the firm's cash deposits at Signature Bank are secure and available for use as of Mar. 13. In a statement following the closure of New York’s Signature Bank, Marathon disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank. The Signature Bridge Bank was set up by the United States Federal Deposit Insurance Corporation (FDIC) to manage customer accounts at the recently shut-down Signature Bank. The bridge bank is aimed at ensuring the flow of funds is not interrupted while the regulator searches for a buyer to acquire the assets of Signature Bank. Marathon Digital Holdings' deposits that were held at Signature Bank, New York, NY are secure and available for use as of Monday, March 13, 2023. Read the full...