Category: Crypto Crunch
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CertiK: $364M Lost to Crypto Scams and Hacks in April
In April, $364 million was lost to crypto scams, primarily through phishing, with significant losses from KiloEX and Loopscale.
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Reppo Releases Whitepaper for AI Builders & Vibe Investing
Reppo offers decentralized solutions to AI development bottlenecks, providing on-demand access to data, infrastructure, and funding.
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Ripple–Circle Merger: John Deaton’s Bank Potential Insights
Ripple’s acquisition bid for Circle increased from $4 billion to $5 billion, which Circle rejected. Ripple is exploring acquisitions and IPO options amid regulatory changes.
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Worldcoin’s U.S. Launch: Sam Altman’s Iris Scanner Impact
Worldcoin launches in the U.S., offering iris scans for WLD tokens, leading to a 111% spike in token value.
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Ethena Labs Launches USDe on Telegram’s 1B Users via TON
Ethena Labs partners with TON blockchain to boost USDe adoption on Telegram, enabling users to send, save, and pay with digital dollars.
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$3B RWA Tokenization: MultiBank, MAG, Mavryk Deal
MultiBank Group and MAG have agreed to tokenize $3B worth of luxury real estate on the Mavryk blockchain, using the MBG token.
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Eric Trump: Crypto to Replace ‘Broken’ SWIFT System at Token2049
Eric Trump forecasts cryptocurrencies disrupting traditional finance, citing SWIFT’s inefficiencies and warning of potential bank collapse without crypto integration.
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Eric Trump: USD1 for $2B MGX Investment in Binance
MGX plans to invest $2 billion in Binance using the World Liberty Financial USD (USD1) stablecoin.