Harpie, a Web3 security firm dedicated to preventing wallet theft and hacks, has officially ceased operations after failing to establish a sustainable business model. The firm, backed by major investors such as Coinbase Ventures and OpenSea, announced the shutdown on March 27 via an X thread. In its statement, Harpie expressed gratitude to its users…
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Studio Ghibli-Inspired Meme Coins Surge on Ethereum and Solana After OpenAI’s 4o Release
Meme coins themed after the beloved art style of Studio Ghibli are rapidly gaining traction on Ethereum and Solana, following the launch of image generation capabilities in OpenAI’s ChatGPT-4o model. On March 25, OpenAI enabled image generation in its flagship chatbot, sparking a wave of Studio Ghibli-style portraits shared across social media. The Japanese animation…
Indian Authorities Arrest Crypto Scammers for $700K Fraud Disguised as Japanese Exchange
Indian authorities have arrested five individuals linked to a large-scale crypto fraud that defrauded an unsuspecting businessman of approximately $700,000 (INR 6.16 crore). According to a local report, the scam was orchestrated through a fake trading platform masquerading as a legitimate Japanese cryptocurrency exchange, ZAIF. Big ROI Lured Indian Businessman The cybercrime wing of Odisha’s…
South Korean Court Lifts Upbit’s Three-Month Ban on New Customer Registrations
A South Korean court has temporarily lifted a three-month business suspension imposed on crypto exchange Upbit, allowing the platform to resume onboarding new clients while a legal dispute with the country’s Financial Intelligence Unit (FIU) remains ongoing. The FIU initially sanctioned Upbit on February 25, prohibiting it from processing deposits and withdrawals for new users….
Ethereum Developers Launch Pectra Upgrade on Hoodi Testnet Ahead of Mainnet Rollout
Ethereum developers have successfully activated the long-anticipated Pectra upgrade on the Hoodi testnet, marking another milestone in preparation for its eventual mainnet deployment. The Pectra activation on Hoodi took place on Wednesday and represents what may be the final test before the upgrade is deployed to Ethereum’s mainnet, expected in the second quarter of 2025….
Crypto Becomes a Staple for Millennial and Gen Z Investors: WEF Report
A growing number of Millennials and Gen Z investors are allocating over half of their investment portfolios to cryptocurrency, according to the World Economic Forum’s 2024 Global Retail Investor Outlook published Wednesday. Rather than a passing trend, this reflects a clear shift in how younger investors are approaching risk, trust and financial planning. The report,…
GameStop Proposes to Raise $1.3B in Convertible Debt for Bitcoin Purchases
GameStop has announced plans to offer $1.3 billion in convertible notes with a 0% coupon, in a move to purchase Bitcoin using net proceeds. The announcement arrives simultaneously with the video game retailer’s approval of adding Bitcoin to its treasury reserves. GameStop said that the $1.3 billion of convertible senior notes will have a five-year…
Robinhood to Launch Cash Delivery and AI-Powered Trading Assistant Service
Robinhood Markets has revealed plans to offer physical cash delivery and an AI-powered trading assistant to select customers. In a blog post published on March 27, the firm said its online banking division, Robinhood Banking, will soon provide savings accounts to Gold-tier subscribers via Coastal Community Bank. Ordering an Uber for Money One of the…
The Blockchain Group Adds Another 580 BTC to Bitcoin Treasury Amid Stock Price Surge
French tech firm The Blockchain Group has bolstered its Bitcoin holdings with the purchase of 580 BTC, marking its largest acquisition to date. The announcement came in a March 26 after-hours statement, revealing that the latest buy brings the company’s Bitcoin treasury to new heights, with the purchase valued at approximately $50.64 million based on…
Trump’s SEC Pick Atkins Pitches ‘Rational, Coherent’ Crypto Policy in Confirmation Bid
Paul Atkins, President Donald Trump’s nominee to chair the US Securities and Exchange Commission, signaled a sharp shift in the agency’s regulatory posture on Wednesday, vowing to implement a “rational, coherent, and principled” framework for digital assets. His remarks, released in prepared testimony ahead of Thursday’s Senate confirmation hearing, position Atkins as a crypto-friendly regulator…