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Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim

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A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token.

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Initia halts blockchain after exploit reportedly drains over $2.6M

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The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

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US senator probes Tether after reported deal with ex-Trump crypto adviser

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The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.

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Bitcoin seeks support above $81K as Brent crude oil hits highest level since March

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Bitcoin dipped below $81,000 as stocks fell and Brent crude hit its highest level since March, leaving the 50-day moving average in focus.

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