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CryptoTale is an impartial news platform that offers the latest updates, informative guides, blockchain news, and detailed analysis and predictions for Bitcoin and various altcoins.

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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

6 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.
The Blockchain Bulletin May 30th: Elon Musk Exits His Government Role Citing Spending Concerns

1 week ago | cryptotale.org | Yusuf Islam

Hey folks! Welcome to the latest edition of the Blockchain bulletin where we uncover and report the latest happenings in the crypto universe in the past 24 hours. There’s a lot getting cooked up in the US market. Tech billionaire Elon Musk announced his exit from the DOGE(Department of Government Efficiency) administration, where he worked as a special government employee with a prime responsibility to reduce government spending.
Bybit Expands to Europe with MiCA License and Headquarters in Austria

1 week ago | cryptotale.org | Yusuf Islam

Bybit can now provide crypto services in all European Economic Area countries. The exchange opened its new headquarters in Vienna to expand European operations. This move follows Bybit’s effort to improve security after a major theft in 2025. Bybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA).
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.
UK Regulators Seek Public Input on Stablecoin Governance

1 week ago | cryptotale.org | Yusuf Islam

FCA seeks input on stablecoin plans, aims to boost innovation and economic opportunity. Businesses must establish robust systems to prevent fraud and protect digital assets. DOL now allows crypto in retirement plans, dropping prior warnings and restrictions. The UK’s Financial Conduct Authority (FCA) is seeking more feedback on its proposed stablecoin framework. On Wednesday, the FCA announced plans to expand its innovation services to cover stablecoinsin the near future.