The Merkle
Latest Stories
Crypto Trader Accused Of Fake $6M Loss On Bybit Demo Account During Record Short Liquidation
Bitcoin was front and center on my timeline when two completely different stories collided into one, and honestly, the timing couldn't have been more fitting. On one side: Bitcoin just ripped through short sellers so hard it produced the largest short liquidation event crypto has ever recorded. On the other: a very public Twitter fight over whether a trader…
Jheioff Offers Six-Figure Bounty For Leads As Gate.io's Promised Investigation Stalls
Some crypto disputes fade quietly after the initial outrage cycle passes, but the ongoing case involving Gate.io user @jheioff has simmered for weeks before boiling over into a public, six-figure bounty for information following a $1.7 million theft claim against the exchange. This week, Jheioff put real money behind the frustration, offering $100,000 out of…
A Google-Approved Phishing Scam Is Targeting Ledger Wallet Users, Here’s How To Stay Safe
Here's a sentence that should stop anyone with a hardware wallet in their tracks: as of this week, typing "Ledger Wallet" into Google doesn't reliably take you to Ledger. Instead, the top result in some searches is a paid, sponsored ad labeled "Ledger Official" that leads straight to a phishing page, hosted, ironically, in a way that borrows Google's own cre…
Robinhood Chain's Stablecoins Just Crossed $650M. Here's What's Actually Driving It
Six weeks ago, Robinhood Chain didn't have a stablecoin ecosystem worth mentioning. Now it has three competing for dominance, and the combined total has blown past $650 million, a scale most Layer 2 networks take years to reach, not weeks. What's happening here isn't just a number going up, it's a genuine three-way contest over which kind of dollar wins on a…
DEX, Perpetuals, and Prediction Markets. Is KuCoin’s Web3 Wallet Actually Worth Using?
Having tested a fair number of exchange-linked options like KuCoin's Web3 Wallet over the past year, I've noticed most follow the same script: store your tokens, connect to a few DApps, maybe bolt on a swap function, and call it a day.So when I sat down to actually use KuCoin's Web3 Wallet properly, rather than just skim the marketing page, I expected more o…
How Scammers Gatecrash Apple’s App Review While Real Crypto Teams Wait in Line
There's a specific kind of anger that comes from watching Apple leave a blatant scam live in its App Store for months while you do everything right and still lose your money. Reporting a scam through official channels. Waiting patiently for the platform responsible to act. Watching that platform do nothing while the fraud sits there, live, in a store carryin…