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Sony Unveils Soneium: A Revolutionary Ethereum Layer-2 Platform for Web3 Innovation
Sony enters the blockchain space with Soneium, a groundbreaking Layer-2 platform built on Ethereum technology. The platform boasts impressive testnet metrics and introduces comprehensive features for creators, with Sony Entertainment and Sony Music leading adoption initiatives.
Tether Shifts Global Headquarters to Bitcoin-Friendly El Salvador
Tether, the leading stablecoin issuer, announces relocation of its global headquarters to El Salvador after receiving a digital asset license. The strategic move highlights El Salvador's growing prominence as a crypto hub under President Bukele's leadership.
OpenSea Data Breach Exposes 7 Million User Emails, Raising Security Concerns
A massive data leak from 2022 affecting over 7 million OpenSea users has now become fully public, heightening phishing risks. The breach, originally caused by a Customer.io employee, exposed email addresses of prominent crypto figures including former Binance CEO CZ.
Solana Battles Market Headwinds as Meme Token Catzilla Gains Momentum
Solana (SOL) works to maintain its market position despite a 5% price decline, while trading volume surges 69% to $2.83B. Meanwhile, newcomer Catzilla attracts attention in stage 4 of its presale with an innovative USDT referral program.
Ethereum's Supply Growth Nears Pre-Merge Levels, Signaling Shift from Deflationary Trend
Ethereum's total supply is expanding at 45,000 ETH monthly and approaching pre-merge levels, marking a departure from its deflationary period. The shift comes amid lower network demand and declining ETH prices, though analysts maintain optimistic long-term outlooks.
Russian Crypto Mixer Operators Face Money Laundering Charges in Major International Bust
Three Russian nationals have been indicted for operating Blender.io and Sinbad.io cryptocurrency mixing services that allegedly laundered funds from cybercrime operations. Two suspects are in custody following an international law enforcement operation that dismantled the platforms linked to ransomware and North Korean hackers.
Major Ethereum Whale Dumps $33M Worth of ETH at a Loss Amid Market Downturn
A significant Ethereum investor offloaded 10,070 ETH tokens worth $33 million at a loss, coinciding with an 11% weekly market decline. The sale triggered massive exchange inflows of $338 million in 24 hours, though derivatives traders remain optimistic about recovery prospects.
Crypto Market Experiences Sharp 56% Drop in Capital Inflows as 2024 Closes
Cryptocurrency analyst Ali Martinez reports a dramatic decline in market capital inflows from $134B to $38B in late 2024. Despite the year-end downturn, 2024 set record investment levels, with early 2025 showing signs of recovery through $585M in new digital asset inflows.
Social Media Account Hacks Target Crypto Projects with AI-Related Scams
Multiple prominent cryptocurrency accounts on X platform have fallen victim to sophisticated hacking attacks promoting fraudulent Solana-based tokens and AI schemes. The incidents, including breaches of Litecoin and Foresight Ventures accounts, resulted in losses while highlighting persistent security vulnerabilities in crypto social media.