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Victim Loses $91M in Bitcoin in Social Engineering Scam: ZachXBT – MAXBIT
Blockchain sleuth ZachXBT uncovered a high-profile social engineering attack on Thursday, with the victim losing 783 BTC worth around $91.4 million. The scam occurred on Aug. 19 and involved the attacker posing as a support agent for a hardware wallet before duping the victim into handing over wallet credentials. The… Listen ⇢
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Kanye West’s Solana Memecoin YZY Rocked By Insider Trading Allegations – MAXBIT
The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted one of the most volatile debuts of the year, rocketing to a multi-billion-dollar valuation within minutes before retracing as on-chain sleuths flagged insider activity and a contentious liquidity setup. In an X post on Thursday, West shared the contract address… Listen ⇢
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US DOJ official signals department opposes retrial for Roman Storm – MAXBIT
Though a Justice Department official did not mention the Tornado Cash developer by name, he made many general references to enforcement cases involving similar allegations. Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be closer to avoiding a possible retrial on additional charges following… Listen ⇢
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OpenUSD and Digital Twins Revolutionize Industrial AI – MAXBIT
Joerg Hiller Aug 20, 2025 11:38 OpenUSD and digital twins are transforming industrial AI by enhancing simulation environments and streamlining operations, according to NVIDIA’s latest advancements. Recent advancements in OpenUSD and digital twin technologies are significantly impacting the industrial AI landscape. According to NVIDIA, these developments are not only enhancing… Listen ⇢
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Cardano Price Holds Bullish Pattern—But a 90% Drop in Key Metric May Spell Trouble – MAXBIT
The Cardano price is up 2.9% in the past 24 hours, showing surprising strength while most top altcoins remain flat. But on the 7-day chart, ADA is still down over 12%. ADA’s short-term chart shows a strong bullish pattern with upside potential. But if we zoom out or check on-chain… Listen ⇢
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$70B DeFi protocol Aave goes live on Aptos in ecosystem expansion – MAXBIT
Aave enters a blockchain with few competitors, with only one top-five Aptos protocols having a TVL of $1 billion or more. Aave, a decentralized finance (DeFi) protocol with $70 billion in net deposits, has launched on Aptos, a layer-1 blockchain founded by former Meta employees. The move may deepen stablecoin… Listen ⇢
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Bybit Exchange Unveils Massive Shiba Inu Balances In The Trillions As Price Tanks – MAXBIT
Bybit crypto exchange has released its latest proof of reserve, which revealed its significant Shiba Inu holdings. This comes at a time when the top meme coin is struggling to sustain an uptrend, although Bybit’s holdings indicate that investors are still very much interested in the coin. Bybit Reveals 2.9… Listen ⇢
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Key Date for XRP Holders Revealed by Top US Exchange Gemini – U.Today – MAXBIT
Gemini’s XRP rewards program From haters to cheerleaders Major US cryptocurrency exchange Gemini appears to be on track to release an XRP-themed card, according to its Thursday post on social media. The exchange has placed a billboard in a busy commercial area of Manhattan in order to promote the new… Listen ⇢
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Tether, Circle to meet top South Korean Bank execs: Report – MAXBIT
Tether and Circle are set to meet with the CEOs of South Korea’s four largest banks this week to discuss potential partnerships. Leading stablecoin issuers Tether and Circle are expected to meet with top executives from South Korea’s largest banks this week, according to local media. South Korea’s state-funded Yonhap… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
