Author: James Wilson

Scammers are sending physical letters to Ledger hardware wallet users, impersonating the company in an effort to steal wallet seed phrases — a phishing scheme that may be linked to Ledger’s 2020 data breach. In a recent post on X, Jacob Canfield shared a photo of one such fraudulent letter. The letter, which arrived by mail, was made to look official with Ledger branding, business address, and a unique reference number. It asked the recipient to scan a QR code and input their wallet’s 24-word recovery phrase, claiming it was required for a “critical security update.” It also stated that…

More than 3.7 million cryptocurrency tokens have failed since 2021, with nearly half of those collapses occurring during the Pump.fun-driven memecoin craze. Millions of tokens have failed since 2021, with nearly half of those collapses recorded in 2024 and early 2025, according to new research by crypto pricing platform GeckoTerminal. The number of dead tokens | Source: CoinGecko According to the research, a total of 1.8 million tokens failed in Q1 this year alone, making up 49.7% of all token failures recorded between 2021 and 2025. In 2024, nearly 1.4 million projects also went under, accounting for 37.7% of failures.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As altcoin giants like Sui and Solana lead the latest market rally, rising project Remittix is stealing the spotlight with real-world payment solutions and strong early adoption. This week, breakouts across the entire altcoin market have occupied the front pages of most crypto news outlets. Sui and Solana have been at the forefront of this new boom, with prices skyrocketing. Sui, a fast-growing Layer-1 project, recorded price growth of more than 18% in the past seven days as the…

Sui is riding a wave of bullish momentum as its native ecosystem metrics surge, with the stablecoin market cap once again approaching its recent all-time high. Sui (SUI) has climbed nearly 29% in the past week and 70% over the last 14 days, outperforming the broader crypto market, which gained just 1.3% in the same timeframe. This rally comes as activity on the Sui network shows steady growth. As per DeFiLlama data, the total stablecoin market cap on Sui has rebounded to $886 million, just $2 million short of its all-time high set earlier this week. In the past year, stablecoin…

Key Takeaways As part of the regulatory effort, AUSTRAC is also preparing to launch a publicly searchable register of DCEs. The agency called on inactive digital currency exchanges to voluntarily cancel their registrations or risk being removed from the national registry. Australia’s financial intelligence agency, AUSTRAC, has initiated a regulatory push targeting digital currency exchanges (DCEs) it believes are no longer operational. In an official statement, the agency called on inactive digital currency exchanges to voluntarily cancel their registrations or risk being removed from the national registry. Under Australian law, DCEs — including those operating crypt ATMs — must be…

El Salvador is continuing to buy Bitcoin even after agreeing to scale back purchases as part of a $1.4 billion deal with the International Monetary Fund. The Central American nation’s Bitcoin Office is still buying Bitcoin (BTC) despite signing a $1.4 billion loan agreement with the International Monetary Fund that required it to scale back crypto purchases, El Salvador‘s economy minister Maria Luisa Hayem said in an interview with Bloomberg. “There’s a commitment of President Bukele to keep accumulating assets as a way to do precisely that. Bitcoin keeps being an important project. There is an asset accumulation that we’re…

Key Takeaways The probe started in November 2023 when the SEC’s Division of Enforcement issued a subpoena requesting documents related to the launch and structure of PYUSD. The company was informed in February 2025 that the SEC had concluded its inquiry The U.S. Securities and Exchange Commission (SEC) has ended its investigation into PayPal’s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), without taking enforcement action. According to a regulatory filing submitted by PayPal on April 29, the company was informed in February 2025 that the SEC had concluded its inquiry and would not be pursuing any further action. The probe started…

Key Takeaways FTX claims it paid NFT Stars Limited $325,000 in November 2021 in exchange for 1.35 million SENATE tokens and 135 million SIDUS tokens FTX’s legal and recovery teams say they made 15 separate outreach attempts to NFT Stars and 13 to Kurosemi between mid-2023 and late 2024. FTX Trading and the FTX Recovery Trust has launched legal action against two token issuers—NFT Stars Limited and Kurosemi Inc.—accusing them of failing to deliver millions of digital tokens promised in earlier agreements.  According to court filings and public statements, FTX claims it paid NFT Stars Limited $325,000 in November 2021 in…

The U.S. Securities and Exchange Commission has postponed its decision on the proposed Franklin XRP Fund, a spot XRP exchange-traded fund submitted by asset manager Franklin Templeton.  According to its most recent filing, the SEC has extended the review period to June 17, from the initial deadline of May 3. The SEC noted that additional time was required to assess the application and the associated regulatory concerns. Franklin Templeton, which manages over $1.5 trillion in assets, filed the proposal on Mar. 13, through the Cboe BZX Exchange. The SEC officially published the filing for public comment in the Federal Register…

Pi Network has struggled to keep up with the recent crypto market recovery, down about 10% over the past week. At $0.5832, the token is currently trading roughly 80% lower than its all-time high of $2.99. The recent trading volume, however, paints a slightly different picture. Pi Network’s (PI) trading volume rose by nearly 35% over the last day, surpassing $128 million. Though the technical picture is still uncertain, this suggests that traders are once again paying attention, which could be a sign of a more significant move. The biggest hurdle right now is the 50-day simple moving average, which…