The rapidly evolving cryptocurrency ecosystem, for all of its potential to expand access to finance, has created new opportunities for scammers, specifically rug pulls. In 2024, investors were defrauded by an astounding $3.4 billion in rug pulls—up 22% over last year. This increase is evidence of the growing sophistication and...
These deepfake-as-a-service operations are making it easier for fraudsters to stitch together synthetic identities by mixing stolen data from various swipes with AI-generated media. This concerning trend has resulted in hundreds of millions of dollars in lost research funding to universities around the world.Earlier this year, an employee in Hong...
The Internal Revenue Service (IRS) recently released its annual “Dirty Dozen” list. This rundown shines a light on the most prevalent and pernicious tax scams likely to make headlines in 2025. This year’s list focuses on dangers that face both taxpayers and tax preparers, underscoring the effort by the IRS...
The cryptocurrency industry is currently going through a deep paradigm shift. Regulatory clarity is growing, enforcement actions are changing, and institutional interest is increasing. Recent developments across the globe signal a maturing market, with jurisdictions refining their approaches to digital assets and seeking to balance innovation with risk management. Read...
Humanity Protocol opened the doors to its fast and secure decentralized ID service on June 26. The H token saw its value explode following a successful “Fairdrop” to early users and supporters. The H token, meanwhile, has seen a 40% price surge over the last 24 hours. The flood, of...
Switzerland-based biometric and digital ID developer TECH5 is channeling its expertise in European digital identity to drive innovation in the Global South. TECH5 had great success with creating national identity infrastructure throughout the Middle East, Africa, and Latin America. Now, they’re continuing their innovation as a development force behind the...
The total value locked (TVL) in decentralized finance (DeFi) has surpassed $116 billion at the time of writing. This increase is mostly being driven by a return to activity in lending protocols across the DeFi space.The DeFi sector has experienced significant growth. This growth is indicative of a new wave...
With younger generations showing a strong preference for cryptocurrency payroll options, companies are increasingly realizing that younger generations might be leaning towards banking alternatives. A recent survey by Gemini finds that 89% of young people are thinking about jumping ship from conventional banks to crypto exchanges. From veterans facing homelessness...
DeFi Development Corp has successfully raised $100 million, earmarked for strategic acquisitions of key assets within the Solana blockchain ecosystem. This monumental investment reflected a serious conviction in the Solana network’s future. It will go a long way toward driving more growth and innovation on that network. These funds will...
There is great news for developers using Solana as their blockchain of choice! It has overtaken Ethereum, even taking the number two spot in decentralized exchange (DEX) volumes for June 2025. This rise is a clear indication of Solana’s growing supremacy in the decentralized finance (DeFi) arena. Further accelerating this...
In June 2025, cybersecurity researchers uncovered a staggering 16 billion login details circulating online, compiled into approximately 30 extensive data sets. This enormous leak has furthered the discussion around whether traditional password-based systems are secure enough. It has stimulated conversations far and wide about the promise of decentralized identity solutions....
