Ohio Crypto Manager Gets Nine Years for $10M Ponzi Scheme
Rathnakishore Giri, a 31-year-old investment manager from New Albany, Ohio, was sentenced to nine years in federal prison and three years of supervised release for…
Author
Colin Harris
I'm Colin Harris, L1s Analyst and Web3 Reporter for the United States. My day-to-day involves diving into the fundamental layers of the ecosystem, specializing in Layer 1 (L1s) networks. I have been covering how these new digital technologies are built for quite some time now, from scalability updates to the decentralization of finance. My approach is purely analytical and informative; I like to break down complex technology so that the real context can be understood, without beating around the bush and always relying on verified data. I am also passionate about keeping up with Web3 and how these infrastructures are changing the way we interact on the internet. I also keep an eye on the markets, analyzing how the technical development of networks impacts global capital flows. Through my reporting, I seek to offer a human yet technical perspective, always prioritizing accuracy so that you are aware of what really matters at the heart of blockchain.
CrowdStrike Says North Korea-Linked Crypto Theft Hit $2.02B in 2025
CrowdStrike reported on May 14, 2026, that North Korea-linked cyber actors stole an estimated $2.02 billion in digital assets during 2025, a 51% year-over-year increase…
Former FTX Customers Sue Fenwick & West for $525M Over Alleged Role in Collapse
Twenty former FTX customers from five countries have filed a $525 million lawsuit accusing Silicon Valley law firm Fenwick & West of playing an active role in the…
Circle Revenue Rises as USDC Growth Outpaces Profitability
Circle Internet Group reported total revenue and reserve income of $694 million for the first quarter, up 20% year over year, as USDC activity continued to expand across…
Digital Asset Seeks $300M to Scale Canton Network
Digital Asset Holdings is pursuing roughly $300 million in new capital at an implied valuation of about $2 billion, according to a Bloomberg report.
ArbitrumDAO Elects New Security Council as ARB Rallies
ArbitrumDAO has elected six new members to its 12-person Security Council, a governance update that immediately lifted market sentiment around ARB.
Hyperliquid Tests Outcome Token Fees as Prediction Market Race Intensifies
Hyperliquid has published a detailed fee framework for its Outcome Tokens under the HIP-4 upgrade, introducing a testnet model that charges nothing to open positions…
Solana Advances Falcon-Based Plan for Post-Quantum Security
Solana developers and ecosystem partners are moving to adopt the Falcon post-quantum signature scheme as the core of a phased quantum-readiness roadmap.
Tether Pushes Open-Source Mining Stack With MDK and MiningOS
Tether has expanded its Bitcoin mining infrastructure push with the release of an open-source Mining Development Kit, following the earlier launch of MiningOS on…
India Denies Crypto Payment Claims After Sanmar Herald Hormuz Incident
India has rejected claims that the Indian-flagged tanker Sanmar Herald made cash or cryptocurrency payments to secure passage through the Strait of Hormuz, after…
SoFi’s XRP Listing Opens a New Retail Distribution Channel for the Token
SoFi has expanded its crypto offering by adding XRP, giving its roughly 13.7 million members a new way to buy, hold and trade the token inside a mainstream…
BitMEX and Zodia Custody Push Institutional Crypto Derivatives Toward Off-Exchange Collateral
BitMEX and Zodia Custody have unveiled an integration that allows institutional clients to trade derivatives on BitMEX without pre-funding exchange accounts, a structure…
Oil Shock Revives Risk-Off Trading Across Crypto Markets
A renewed flare-up between the United States and Iran sent markets back into defensive mode on April 20, 2026, with oil surging and major cryptocurrencies pulling lower…