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Crypto CEO Held After Fiancée’s Death
Zanzibar police have detained Joe McCann, founder of Asymmetric, for questioning following the death of his fiancée, Ashly Robinson. The investigation is ongoing amid growing public interest in the circumstances surrounding her death. Authorities have not yet disclosed further details, leaving many questions unanswered. The case is expected to develop as police continue their inquiries.
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Grinex Crypto Exchange Hacked for $14M
Grinex, a crypto exchange linked to Russia, has halted all trading after suffering a massive $14 million hack. The breach highlights ongoing security vulnerabilities in platforms accused of helping evade sanctions and laundering money. US authorities have implicated Grinex in assisting Russia-linked hackers, raising concerns about the intersection of cybercrime and geopolitical tensions. This incident underscores the urgent need for stronger crypto security and regulatory oversight.
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How to Get NIGHT Tokens on Midnight Mainnet
The Midnight Mainnet launched on March 31, introducing the NIGHT token in two forms: cNIGHT on Cardano and mNIGHT native to Midnight. Users must first acquire cNIGHT on exchanges like Gate or MEXC, then bridge it to Midnight, a process that takes about 12 hours due to Cardano's finality model. Holding mNIGHT generates DUST, the token used for transaction fees on Midnight. Upcoming features include staking rewards and a DUST Capacity Exchange, promising deeper integration and privacy enhancements for Web3.
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Circle Sued Over $230M Drift Hack
Circle, the stablecoin issuer, is facing a lawsuit for allegedly aiding the laundering of $230 million stolen in the Drift Protocol hack. The suit claims Circle was negligent by failing to freeze the stolen funds after the April breach. This case could set a precedent on the accountability of crypto firms in theft incidents. Legal proceedings are now underway to determine Circle's role in the aftermath.
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Bitcoin Bulls Target $90K Rally
Bitcoin is gearing up for a major breakout as large holders, or whales, have absorbed 20 times the daily BTC supply over the past month. This aggressive accumulation signals strong bullish momentum, pushing price targets toward $90,000. Market watchers see this as a classic reversal pattern, suggesting the crypto could soon enter a new upward phase.




