A blockchain investigator has attributed at least $5.27 million in crypto stolen over three weeks to a rising scam service known as Vanilla Drainer.
Drainers are entities that provide scam software to fraudsters, often paired with phishing tactics to access victims’ funds. Vanilla is part of a

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Eric Trump, the son of US President Donald Trump, said the Trump family became pro-crypto after they were “debanked” in the aftermath of the Capitol attack incident in early 2021.
Several banks shut down hundreds of bank accounts related to The Trump Organization without providing a reason, Trump

Japanese finance conglomerate SBI Group has partnered with the blockchain oracle platform Chainlink to create a host of crypto tools for Asia’s financial institutions.
SBI said on Sunday that its collaboration with Chainlink will focus on “a number of key use cases for financial institutions in Ja

Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war.
Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it

Pavel Durov, founder of the messaging application Telegram, provided an update regarding his ongoing case in France, and said the criminal investigation against him is “struggling” to find any evidence of wrongdoing.
Durov said his arrest by French authorities in August 2024 was “unprecedented” and

Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August.
The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its t

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One year has passed since the arrest of Telegram CEO and co-founder Pavel Durov, sparking outrage from free speech activists and concern over the future of platform moderation.
On Aug. 24, 2024, Durov was arrested at the Paris-Le Bourget Airport in Paris,