Polymarket’s bets on the next Pope soared past $6.4 million after a fake rumour about excommunication sparked a surge in activity. The hoax tripled volume in three days, raising the question: is this ethical or just modern speculation?
KikyoThe small Italian town of Fornelli is unveiling Italy’s first Satoshi Nakamoto monument on 1 May 2025, funded by the local government. The village, known for its high Bitcoin adoption, is positioning itself as a crypto-friendly destination.
WeatherlyLjubljana, Slovenia’s capital, has overtaken Hong Kong and Singapore to become the world’s most crypto-friendly city. How did this low-profile European hub outpace the industry’s giants?
CatherineNorth Korean hackers linked to the Lazarus Group set up two fake US companies, BlockNovas LLC and SoftGlide LLC, to target cryptocurrency developers with malware through fraudulent job offers. This operation, using fabricated identities and AI-generated profiles, aims to steal sensitive data and cryptocurrency credentials.
AnaisRipple has decided against an IPO in 2025, citing its strong financial position and lack of need for external funding. Instead, the company is focusing on strategic acquisitions and long-term growth, such as its $1.25 billion purchase of Hidden Road.
WeatherlyWorld Liberty Financial has partnered with the Pakistan Crypto Council to boost blockchain, stablecoin, and DeFi growth, with plans to launch regulatory sandboxes for blockchain solutions. Pakistani officials signal full crypto legalisation is near, while Binance founder CZ’s role as a Strategic Advisor highlights the country's rising digital asset ambitions.
CatherineNike closed its RTFKT unit in December 2024, causing the value of NFTs to plummet and leaving buyers with significant financial losses. This led to a lawsuit alleging that Nike misled investors about the stability and legality of the NFTs.
AnaisLoopscale lost $5.8 million from a flaw in its collateral pricing system, including 1,200 SOL and $5.7 million in USDC. Key platform functions are now restored, and the exploiter is willing to return the funds for a bounty.
KikyoTerm Finance, an Ethereum-based lending protocol, lost around $1.6 million in ETH due to a misconfigured oracle. The team recovered over $1 million through negotiations and will cover the remaining shortfall from the protocol's treasury. A post-mortem of the incident will be released soon.
CatherineMeta cut jobs in its Reality Labs division, affecting teams like Oculus Studios and the Supernatural VR app. The layoffs are part of a move to make the division more efficient as Meta keeps investing in mixed reality.
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