Aditya Das

2 weeks ago | bravenewcoin.com | Aditya Das

Circle Lists Publicly in the US, as Stablecoin-Mania Envelopes FintechStablecoin issuer Circle completed a blockbuster debut on the New York Stock Exchange (NYSE) last Thursday, raising over a billion dollars in its initial public offering (IPO). On Wednesday last week, Circle priced its shares at US$31. In a sign of investor demand, they opened on the New York Stock Exchange (NYSE) on Thursday at US$69, and by the close of the day, they had hit US$83.23.

2 weeks ago | bravenewcoin.com | Aditya Das

On June 4, followers of the Houston Museum of Natural Science (HMNS) witnessed something that upset conventional wisdom about social media security. The museum’s verified Instagram account—complete with its checkmark and institutional credibility—was hijacked and used to promote a fake Bitcoin giveaway featuring deepfake videos of Elon Musk promising $25,000 in BTC. Within hours, the museum regained control and deleted the posts.

2 weeks ago | bravenewcoin.com | David McNickel |Aditya Das |Ahmed Ishtiaque |Usman Ali

VivoPower International PLC has completed a dramatic transformation from a failing renewable energy company to what it claims will be “the world’s first XRP-focused digital asset enterprise,” raising questions about corporate governance and opportunistic market timing. The NASDAQ-listed company announced it raised $121 million in a private placement to purchase $100 million worth of XRP cryptocurrency, marking a complete departure from its original sustainable energy mission.

2 weeks ago | bravenewcoin.com | Aditya Das

Australia’s financial intelligence authority has stepped up efforts to combat cryptocurrency scams by implementing new restrictions on crypto ATMs, a commonly exploited channel for fraudsters targeting vulnerable users. This week, the Australian Transaction Reports and Analysis Centre (AUSTRAC) rolled out a set of updated operational rules for crypto ATM operators. The key provision includes a cap of AUD 5,000 on both deposits and withdrawals when using these machines.

3 weeks ago | bravenewcoin.com | Aditya Das

This week, Taiwan-based Bitopro confirmed a major security breach that occurred on May 8th, resulting in the loss of over US$8.5 million from its hot wallet infrastructure. Nearly a month after the incident, Taiwanese centralized exchange Bitopro has finally confirmed that its hot wallets were indeed exploited.