Chris Murithi

United States

Contributor at Cryptopolitan

Web3 | Blockchain | Crypto | NFT's || Analyst | Writer

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Articles

Ethereum’s EIP-7702 Feature Abused in Wallet-Draining Attacks

5 days ago | cryptotale.org | Chris Murithi

Attackers exploit Ethereum’s EIP-7702 feature using bots and malicious “sweeper” contracts. Over 97% of EIP-7702 delegations link to identical scams copying the “CrimeEnjoyor” contract. Wallets with leaked private keys are being drained instantly through automated batch transactions. Cybercriminals have found a way to exploit Ethereum’s latest upgrade, Pectra, rolled out on May 7, with new features aimed at improving wallet usability.
Elon Musk Launches XChat with Encryption Features on X Platform

5 days ago | cryptotale.org | Chris Murithi

Elon Musk launches XChat with encrypted messages, file sharing, and video/audio calling. Built on Rust, XChat features ‘Bitcoin-style encryption,’ sparking debate among developers. X is also developing X Money, a feature expected to launch in limited beta later this year. Elon Musk has launched a new messaging feature called XChat on the social platform X and shared the update online.
Cryptocurrency Market News and Price Analysis

5 days ago | cryptotale.org | Yusuf Islam |Chris Murithi

The Blockchain Bulletin, May 31: SEC Drops Binance Lawsuit in Major Win The Blockchain Bulletin May 30th: Elon Musk Exits His Government Role Citing Spending Concerns Portal Price Prediction 2025-35: Will It Hit $50 by 2035? Elon Musk Exits Trump Admin, Says DOGE Efforts Will Continue The Blockchain Bulletin May 29: El Salvador Advances Bitcoin Amid IMF Deal COTI Price Prediction 2025-35: Will It Hit $10 by 2035?
Stay Updated with the Latest Crypto Market News

1 week ago | cryptotale.org | Yusuf Islam |Chris Murithi

Elon Musk Exits Trump Admin, Says DOGE Efforts Will Continue Michael Saylor Rejects Proof-of-Reserves Over Security Risks Hoskinson Favors Ripple to Lead Circle in Big Industry Deal Dubai Launches Real Estate Tokenization Project on XRPL The Crypto Weekly Digest May 26: Bitcoin Hits $111K on Pizza Day Rally Major U.S. Banks Discuss Launching Shared Stablecoin David Sacks Predicts GENIUS Act Will Pass Senate Soon Crypto Awareness in Singapore Hits 94%, But Ownership Dips BTC Breaks ATH For...
SEC Guidance: Crypto Staking Rewards Are Not Securities

1 week ago | cryptotale.org | Chris Murithi

SEC clarifies that self and custodial crypto staking aren’t considered securities offerings. Staking rewards are viewed as compensation for services, not profits from others’ efforts. SEC guidance excludes liquid staking and restaking, leaving legal uncertainty in those areas. The U.S. Securities and Exchange Commission (SEC) has issued new guidance on crypto staking activities in the United States. This comes after months of debate over whether staking violates federal securities laws.
SEC Officially Drops Lawsuit Against Binance With Prejudice

1 week ago | cryptotale.org | Chris Murithi

The SEC drops lawsuit against Binance and CZ, marking a major win for the crypto exchange. The case dismissal is with prejudice, preventing the SEC from refiling charges against Binance. Binance praised Trump and SEC Chair Atkins for opposing regulation by enforcement in crypto. The U.S. Securities and Exchange Commission has officially dropped its lawsuit against Binance, closing a major chapter in crypto regulation.
Circle Freezes $57M USDC Linked to Libra Token Scandal

1 week ago | cryptotale.org | Chris Murithi

Circle froze $57.65M in USDC tied to wallets linked to the controversial Libra token project. A U.S. federal court issued a restraining order pending a June 9 hearing on the asset freeze. The freeze follows fraud claims involving Kelsier Ventures and President Javier Milei’s promotion. Nearly $58 million in USDC linked to the Libra meme coin project has been frozen following a court order.
SEC to Host DeFi Roundtable to Focus on DeFi and U.S. Values

1 week ago | cryptotale.org | Chris Murithi

SEC will host a public DeFi roundtable on June 9 to discuss regulatory frameworks. Panelists will explore DeFi’s alignment with U.S. values like autonomy and open access. The event includes a live-streamed town hall for public questions and industry input. The U.S Securities and Exchange Commission is preparing to host its next crypto roundtable on June 9. The event will take place at SEC headquarters in Washington, D.C., and focus on decentralized finance (DeFi).
El Salvador Adds More Bitcoin After IMF Loan Review Approval

1 week ago | cryptotale.org | Chris Murithi

El Salvador buys more Bitcoin shortly after securing $1.4B in IMF loan approval. IMF urges Bitcoin freeze and Chivo exit by July, but new BTC purchases continue. Bitcoin Office bypasses the IMF terms using a legal distinction within the fiscal sector. El Salvador and the International Monetary Fund (IMF) have once again clashed over the country’s Bitcoin strategy.
Bitcoin Surges as Global M2 Liquidity Soars to Record Levels

1 week ago | cryptotale.org | Chris Murithi

Bitcoin’s price continues to rise alongside a sharp expansion in global M2 liquidity. Analysts expect altcoins to rally next as liquidity expansion fuels crypto market momentum. Bitcoin recently broke above $110K as macro trends support broader crypto market strength. Bitcoin is rising again, and this time it’s moving in sync with a powerful macro trend, global liquidity. On-chain analysts and macro experts say the cryptocurrency’s price action is closely tracking the growth in global M2 supply.