Crypto

FTC Imposes $4.7B Judgment on Celsius Founder Alex Mashinsky

The Federal Trade Commission has imposed a substantial $4.7 billion judgment against Celsius CEO Alex Mashinsky, following allegations of misleading consumers. In addition to the financial penalty, Mashinsky has been slapped with a lifetime ban from the crypto industry. The ruling comes as part of a broader crackdown on deceptive practices within the cryptocurrency sector. The FTC's action aims to protect consumers from fraudulent activities that have plagued the digital asset market. Mashinsky's case exemplifies ongoing regulatory scrutiny that cryptocurrency firms are facing. The repercussions of this ruling could have significant implications for the future of Celsius and its stakeholders.

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Wasabi Protocol Halts Following $5M+ Exploit Linked to Admin Key Breach

Wasabi Protocol Halts Following $5M+ Exploit Linked to Admin Key Breach

Wasabi Protocol has suspended its operations after a significant exploit that drained over $5 million from multiple blockchain networks. Security experts suggest that the attack was likely facilitated by a compromise of the admin key, raising concerns about protocol security. The incident has prompted a wave of scrutiny in the

Incrypted Conference 2026 Set to Draw Thousands to Kyiv This June

Incrypted Conference 2026 Set to Draw Thousands to Kyiv This June

Kyiv will welcome the fourth Incrypted Conference 2026, marking it as the largest crypto event in Ukraine and Eastern Europe. Scheduled for June 13, the conference will serve as the focal point of Ukrainian Blockchain Week. Organizers expect over 3,000 participants, including top industry experts and representatives from international

XRP Sentiment Reaches Two-Year High, Yet Price Faces Stagnation

XRP Sentiment Reaches Two-Year High, Yet Price Faces Stagnation

Investor sentiment around XRP has soared to a two-year high, reflecting growing optimism in the cryptocurrency. Despite this positive sentiment, XRP's price remains confined within a consolidation range, indicating a lack of strong market participation. Analysts suggest that while enthusiasm is palpable, a significant increase in trading volume