News
Seoul Police Bust Fake Flare Network Staking Scam That Drained $8.5M in XRP
Seoul police identified a criminal ring that cloned Flare Network's FXRP staking site, planted fake Wikipedia pages and YouTube videos, and drained $8.5M in XRP.
Author
Marcus Feld
DeFi & On-chain Analyst · 6 years covering crypto · 172 stories
Marcus Feld is CoinScoop's DeFi and on-chain analyst. He digs into L2 activity, stablecoin flows and protocol revenue, translating raw chain data into plain-English calls.
Latest by Marcus Feld
DeFi
Luno Cuts 20% of Staff as July Crypto Layoffs Sweep 12 Firms and Nearly 900 Jobs
Luno is cutting 20% of its global workforce as July crypto layoffs hit 12 firms and 894 workers. Bitcoin sits at $63,997 with Fear & Greed at 28.
DeFi
Morpho Deploys on HashKey’s HSK Chain as Official On-Chain Credit Partner in First Hong Kong Deal
Morpho signs its first major Hong Kong deal, deploying on HashKey's HSK Chain as official on-chain credit partner in a push for institutional CeDeFi in APAC.
News
SoFi Confirms SoFiUSD Stablecoin Is Live on Solana, Powering Real-Time Commercial Settlements
SoFi confirmed SoFiUSD is live for real-time commercial settlements on Solana via its Big Business Banking platform, backed by a Mastercard partnership and 40% Q2 revenue growth.
DeFi
Morgan Stanley Launches Ethereum and Solana ETPs on NYSE Arca With Market-Low 0.14% Fee and Staking Rewards
Morgan Stanley Investment Management lists Ethereum and Solana ETPs on NYSE Arca with a market-low 0.14% fee and staking rewards passed directly to investors.
DeFi
Fake World Assets: Two-Dev NFT Gacha Protocol Hits $1.6M Daily Fees, Ranks Second Only to Sky on Ethereum
Two-developer NFT gacha protocol Fake World Assets hit $1.6M in daily fees on July 25, overtaking Solana's Collector Crypt and ranking second only to Sky on Ethereum.
News
South Korea’s FSC Drafts Stablecoin and Exchange Rules as Opposition Moves to Kill 22% Crypto Tax Before 2027
South Korea's FSC is building a sweeping stablecoin and exchange bill while the opposition pushes to abolish the 22% crypto income tax before its 2027 start date.
DeFi
Ondo Abandons Layer-1 Blockchain Plans for Offchain Execution Network Built on Secure Enclaves
Ondo Finance has abandoned its layer-1 blockchain plans, launching the Ondo Network — an offchain execution layer built on secure hardware enclaves with onchain settlement.
DeFi
Lido’s Curated Module v2 Moves 8M+ Staked ETH to Bond-Backed Operators, Could Cut Ethereum Validator Set by a Third
Lido's Curated Module v2 migrates 8M+ staked ETH to a bond-backed operator model, potentially cutting Ethereum's total validator count by roughly one-third.
News
‘You Will Have a Painful Fall’: SEC’s Peirce Warns $131B Crypto Vault Sector It Can’t Outrun Securities Law
SEC Commissioner Hester Peirce warned the $131B crypto vault and onchain lending sector it cannot outrun federal securities law, citing the Howey Test and structural risk.
