KiloEX DEX Halts Operations After $7.5M Security Breach
KiloEX has suspended operations following a $7.5M exploit, contained the breach, and is preparing to launch a bounty program for fund recovery.
Articles by Nikolas Sargeant
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
Kraken Expands into Traditional Finance with Commission-Free Stock and ETF Trading
Kraken's phased rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs marks a strategic move to bridge traditional and digital finance, with plans for international expansion.
DHS Intensifies Scrutiny of Anchorage Digital Amidst Regulatory Challenges
The U.S. Department of Homeland Security's El Dorado Task Force has initiated an investigation into Anchorage Digital, the nation's only federally chartered crypto bank, amid ongoing regulatory scrutiny.
CryptoPunk Investor Faces Prison for $13M Tax Evasion Amid NFT Craze
A Pennsylvania man pleads guilty to concealing $13 million in CryptoPunk sales from the IRS, highlighting the growing scrutiny of NFT tax compliance.
Swedish MP Advocates for Bitcoin Reserve Amid Central Bank Skepticism
A Swedish Member of Parliament has proposed integrating Bitcoin into the nation's foreign reserves, challenging traditional financial norms and central bank opposition.
Crypto Adoption May Be Stabilizing Russian Ruble, Says Leading Economist
Cross-border crypto trade deals "make no use of hard currencies," notes HSE Professor Oleg Vyugin, potentially reducing demand for dollars.
MANTRA's Native Token Crashes 90% in Single Day, Sparking Market Concerns
MANTRA's leadership denied manipulation allegations following OM token's sudden collapse, attributing the crash to "reckless liquidations" during low-liquidity trading hours.
Crypto Weekly Roundup: Japan's Crypto Categories, Arizona Mining Bill, Robinhood's $200M SHIB Purchase, SEC Delays & North Korea Sanctions
The cryptocurrency ecosystem saw major regulatory developments and market movements this week, from Japan's proposed crypto classifications to Robinhood's massive Shiba Inu purchase.
Japan's FSA Proposes Two-Category Crypto Classification System
Japan's FSA proposes categorizing cryptocurrencies into Business Crypto Assets and Non-Business Crypto Assets in its latest regulatory discussion paper.
Arizona Senate Passes Bitcoin Mining Rights Bill, Awaits Governor's Signature
The bill has been sent to Governor Katie Hobbs for signature following Senate approval.
Bitcoin Reserve Bills Gain Momentum in New Hampshire and Florida
Two U.S. states are advancing Bitcoin reserve legislation, signaling growing state-level interest in crypto adoption.
Trump Overturns IRS DeFi Broker Rule in Landmark Crypto Move
Trump's latest move repeals an IRS rule targeting DeFi, setting a precedent for crypto-friendly policy.