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Inferno Drainer Uses EIP-7702 to Drain $150K in Ethereum Phishing Attack

Inferno Drainer exploited Ethereum’s EIP-7702 to steal $150,000 from a single wallet. The case was flagged by Scam Sniffer on May 24, 2025. EIP-7702, introduced...

Coinbase Hit With Lawsuit Over $400M Data Breach and UK Regulator Violation

Coinbase is facing a new class action lawsuit from investor Brady Nessler, filed on May 22, 2025, in a Pennsylvania federal court. The lawsuit...

OpenAI to Deploy 100 Million AI Devices, Teams Up With Jony Ive on Secret Hardware Project

OpenAI plans to launch 100 million OpenAI AI devices aimed at everyday use. CEO Sam Altman confirmed the project in a recent interview with...

Fake Uber Driver Uses Drug to Steal $123K in Bitcoin

A US tourist lost $123,000 in Bitcoin after entering a fake Uber in London. The incident involved Jacob Irwin-Cline, who had been drinking at...

VanEck Launches PurposeBuilt Avalanche Fund Backed by RWA and Web3 Projects

VanEck will launch the VanEck Avalanche Fund in June 2025. The fund will invest in tokenized Web3 projects and Avalanche RWA products. The company...

ASIC Takes Block Earner Crypto Yield Case to High Court for Legal Review

The ASIC Block Earner case has moved to a new phase. On May 21, the Australian Securities and Investments Commission (ASIC) said it would...

Eric Adams Unveils NYC Crypto Council to Shape Blockchain Policy

Eric Adams confirmed the launch of an NYC crypto council on May 20, 2025, during the New York City Crypto Summit. The mayor said...

Kraken Secures EU License, Launches Regulated Crypto Derivatives in Europe

On May 20, 2025, Kraken introduced regulated crypto derivatives trading for retail and institutional clients across the European Economic Area (EEA). The new service includes...

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