Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Repeated Exploits Plague Abracadabra: A Look at the Protocol’s $21 Million Security Crisis
Reading Time: < 1 minuteThe recent $1.8 million hack of Abracadabra Money is more than an isolated event; it’s the latest chapter in a concerning pattern.
‘Debasement Trade’: JPMorgan Says Retail Investors Pushing Bitcoin to $165,000
Reading Time: < 1 minuteJPMorgan projects Bitcoin could surge to $165,000 by year-end, fueled by a retail-led “debasement trade.”
Wall Street Embraces the Crypto Clock: CME’s 24/7 Futures Move Legitimizes Non-Stop Trading
Reading Time: < 1 minuteThe CME Group is bringing the “always-on” nature of crypto to the heart of Wall Street.
New York Senator Proposes Tiered Energy Tax on Cryptocurrency Mining
Reading Time: < 1 minuteA new bill in New York State seeks to impose escalating excise taxes on the energy consumed by cryptocurrency mining companies.
Shutdown, Gold Rally Fuel Bitcoin’s Push Toward Record Highs
Reading Time: < 1 minuteBitcoin’s march toward $121,000 is being fueled by a confluence of macro factors, including a US government shutdown and a powerful rally in gold.
Metaplanet’s Bitcoin Bet Soars with New $620M Purchase
Reading Time: < 1 minuteMetaplanet is doubling down on its Bitcoin-centric strategy with another colossal purchase.
Nasdaq-Listed Treasury Aims to Shake Up Stablecoin Race with Yield-Giving Token
Reading Time: < 1 minuteThe stablecoin arena is set for a new challenger as Sui Group Holdings unveils a two-pronged strategy.
SBI Crypto Loses $21 Million in Suspected North Korean-Linked Exploit, Funds Sent to Tornado Cash
Reading Time: < 1 minuteA major Japanese financial firm has fallen victim to a $21 million crypto exploit that online investigator ZachXBT suspects is connected to North Korean hackers.
Swedish MPs Push Bitcoin Reserve to Block CBDC
Reading Time: < 1 minuteTwo members of Sweden’s parliament are making a dual-pronged push for financial innovation.
Visa Aims to Unlock ‘Programmable Payouts’ with New Stablecoin Pilot
Reading Time: < 1 minuteVisa has unveiled a pilot integrating stablecoins directly into its core Visa Direct payments platform.
SEC Issues No-Action Letter Permitting Crypto Custody via State Trust Companies
Reading Time: < 1 minuteThe US Securities and Exchange Commission has clarified that investment advisers may use state-chartered trust companies as qualified custodians for cryptocurrency assets.
Tether’s Billion-Dollar Bet: Stablecoin Giant Amasses Another 8,888 Bitcoin
Reading Time: < 1 minuteIn a massive display of its ongoing accumulation strategy, Tether has transferred a staggering 8,888 Bitcoin (worth roughly $1 billion) to its corporate treasury wallet.
EU Draws Battle Lines, Moves to Ban Key Type of Stablecoin
Reading Time: < 1 minuteA top EU financial watchdog is pushing to outlaw a specific class of stablecoins.
Poland Rolls Out Red Tape for Crypto: Mandatory KNF Licensing Now Required
Reading Time: < 1 minuteDoing crypto business in Poland is about to become heavily regulated.
Crypto Products See $812M Outflow, But Annual Inflows Remain Robust
Reading Time: < 1 minuteA wave of negative sentiment, isolated primarily to the US, led to $812 million in outflows from crypto investment products last week.
Turkey’s MASAK to Gain Sweeping Powers Over Crypto, Including Freezing Accounts and Blacklisting Wallets
Reading Time: < 1 minuteIn a significant regulatory shift, Turkey is preparing to equip its financial crime unit, MASAK, with sweeping new powers over the cryptocurrency ecosystem.
Banks, Brokers Can Now White-Label Binance’s Crypto Engine
Reading Time: < 1 minuteIn a strategic move to capture the institutional market, Binance is offering its full-stack crypto infrastructure as a white-label service.
Analysts: Solana ETFs Could Launch in ‘Days or Weeks’ After Filing Frenzy
Reading Time: < 1 minuteThe launch of the first US spot Solana ETFs is imminent, according to analysts who point to a cluster of amended filings from major asset managers.
Kraken Seeks $20 Billion Valuation in Pre-IPO Push
Reading Time: < 1 minuteKraken is aiming for a $20 billion valuation in a new pre-IPO funding round, signaling strong investor confidence in the crypto sector’s resurgence.
$782K Hyperliquid Exploit Highlights Persistent DeFi Smart Contract Risks
Reading Time: < 1 minuteA smart contract flaw has led to a $782,000 exploit on Hyperdrive, a lending protocol on the Hyperliquid L1 network.
Ethereum ETFs Hit With Massive $796 Million Weekly Outflow
Reading Time: < 1 minuteInvestors are pulling capital from Spot Ethereum ETFs at a record pace, with last week’s outflows hitting $795.6 million—the largest since the funds launched.
Hashdex Adds Altcoins to Flagship Fund
Reading Time: < 1 minuteIn a significant boost for crypto investors seeking diversified exposure, Hashdex has added XRP, Solana, and Stellar to its Nasdaq Crypto Index US ETF (NCIQ).
Altcoin ETF Race Heats Up as Bitwise Bets on Hyperliquid, SEC Hits Pause on Rivals
Reading Time: < 1 minuteThe competition to launch the next wave of crypto ETFs intensified as asset manager Bitwise filed for a fund tracking Hyperliquid’s HYPE token.
Cloudflare Joins Stablecoin Race with ‘NET Dollar’ as Citi Projects $2 Trillion Market
Reading Time: < 1 minuteWeb infrastructure giant Cloudflare has announced plans to launch a US dollar-pegged stablecoin called “NET Dollar,” entering a market that major financial institutions are increasingly betting on.
SEC, FINRA Investigate Leaks Before Crypto Treasury Moves
Reading Time: < 1 minuteWere corporate crypto plans leaked to select traders? The SEC and FINRA are investigating precisely that, according to a Wall Street Journal report.
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