Ogunjobi
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Cetus Protocol Hit by $223M Exploit, Recovery Efforts Underway
Cetus Protocol suffered a major hack earlier today, with attackers stealing around $223 million from the platform. In response, the team announced taking quick steps in locking their smart contract to prevent any further movement of funds. According to the team, out of the total amount stolen, $162 million has been successfully paused, meaning the…
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Schuman Financial Launches EURØP, First MiCA-Compliant Euro Stablecoin on XRPL
Schuman Financial has launched its euro-backed stablecoin, EURØP, directly on the XRP Ledger (XRPL), making it the first MiCA-compliant euro stablecoin available on this blockchain. According to the press release on Ripple’s page, EURØP is fully backed by euros and can be redeemed at any time. The reserves are held at top financial institutions in…
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Microsoft Files Lawsuit to Shut Down Lumma Malware Network
Microsoft has taken legal steps against the creators of Lumma Stealer, a dangerous malware tool used to steal personal and financial information. In a blog post on May 21, the tech company said a federal court in Georgia granted permission to take down or block over 2,300 websites linked to the malware. According to the…
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Solana Mobile’s Seeker Phone Ships Aug. 4 with New Web3 Features
Solana Mobile, a subsidiary of Solana Labs, has announced key details about its next-generation Seeker Web3 smartphone, including its August 4, 2025, ship date, a new trustless architecture (TEEPIN), and a native ecosystem token (SKR). Seeker: Solana’s Second Web3 Phone Following the Saga phone (launched April 2023), the Seeker is Solana Mobile’s highly anticipated second device, unveiled in September 2024. The company has already pre-sold 150,000…
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OKX Launches Wrapped Bitcoin (xBTC) on Solana, Aptos, and Sui Amid BTC’s $111K ATH
OKX, one of the leading cryptocurrency exchange, has introduced xBTC, a 1:1 Bitcoin-pegged wrapped asset, on Solana, Aptos, and Sui networks. This launch comes as Bitcoin’s price surges to a new all-time high (ATH) of $111,746, unlocking new possibilities for trading, lending, and Web3 strategies. According to an official OKX blog post dated May 22, 2025, deposits and withdrawals of xBTC are now available on Solana,…
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Earn and Engage: Why Creators Are Launching Their Own Crypto Tokens?
Today, creators are no longer just after the likes and views; they opt for larger goals, working with more and more artists, streamers, and influencers who are minting their own crypto tokens and giving fans new ways to support them and participate in their journeys. What used to depend only on ads or sponsorship deals,…
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Strategy Buys $765M in Bitcoin as MSTR Stock Dips Amid Lawsuit
Michael Saylor’s company, now known as Strategy (formerly MicroStrategy), has made headlines once again with another large Bitcoin purchase. Between May 12 and May 18, the firm bought 7,390 BTC for about $764.9 million, paying an average of $103,498 per coin, pushing Strategy’s total Bitcoin holdings to 576,230 BTC, bought at an average price of…
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U.S Senate May Vote on GENIUS Act Bill by Memorial Day
The U.S. Senate could vote on a long-awaited stablecoin regulation bill, known as the GENIUS Act, by Memorial Day (May 26), following the recent argument over President Trump’s connections to crypto suggesting that parts of the original bill targeted Trump’s crypto business ties, which sparked arguments and slowed progress. Senator Cynthia Lummis, a key supporter…
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JPMorgan Sees Bitcoin Outshining Gold in Second Half of 2025
Bitcoin could continue to rise and outperform gold in the second half of 2025, according to a new report by JPMorgan. Analysts from the bank believe that while both assets were once rising together as a hedge against weak currencies, they are now moving in opposite directions and the battle for investor money has turned…