News

Stablecoins Highlighted in Senate Banking Committee's Digital Assets Hearing

The Senate Banking Committee held a hearing focused on the regulatory framework for digital assets, emphasizing stablecoins. This was the inaugural...

Solana Transfer Volume Plummets to $14.57 Million Amid Market Correction

Solana Faces Significant Selling Pressure Solana (SOL) is trading at its lowest level since September 2024, currently around $141. Key points...

SEC Closes Investigation Into Gemini Without Enforcement Charges

The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Gemini without filing enforcement charges. Cameron Winklevoss,...

Solana Drops 22% to Five-Month Low Amid Memecoin Market Decline

The cryptocurrency market is facing volatility, particularly affecting Solana (SOL), which has dropped 22%, reaching a five-month low. This...

Bybit Confirms $1.5 Billion Hack Linked to Compromised Safe Wallet

Bybit has published a forensic review of the $1.5 billion hack, confirming that its systems were not breached. The issue arose from compromised Safe...

Ethereum's Pectra Upgrade Launches on Holesky Testnet

Key updates in cryptocurrency technology and investment: Pectra Upgrade on Testnet: Ethereum’s Pectra upgrade launched on the Holesky testnet...

Core Scientific Stock Rises 11% Following $1.2 Billion Data Center Expansion

Core Scientific (CORZ) stock rose over 11% after-hours following a $1.2 billion expansion plan for its Denton, Texas data center in collaboration...

Crypto Market Experiences Record Flash Crashes, $300 Billion Lost in 24 Hours

The crypto market is experiencing significant volatility, with established coins like Bitcoin and Ethereum facing extreme price...

Bitcoin Miners Relying on Grid Power Will Struggle After 2028 Halving

Marathon Holdings (MARA) cautioned that Bitcoin miners reliant on grid power will face challenges after the 2028 halving due to rising energy costs....

SEC, Tron Foundation and Justin Sun Request Court to Pause Ongoing Case

The U.S. Securities and Exchange Commission (SEC), the Tron Foundation, and Justin Sun have filed a joint motion to pause the ongoing SEC case...

Gotbit Founder Extradited to US Faces Market Manipulation Charges

Gotbit founder Aleksei Andriunin has been extradited to the United States facing market manipulation and fraud conspiracy charges. He allegedly...

On-Chain Data Shows Binance's Large Sell-Off of Ethereum and Solana

The cryptocurrency market is experiencing significant downturns, with Ethereum (ETH) and Solana (SOL) among the hardest hit assets. Allegations of...

Phantom Acquires SimpleHash for Enhanced Blockchain Data Insights

Phantom, a decentralized wallet provider, has acquired SimpleHash, a blockchain data platform focused on token and NFT analytics. This acquisition...

Long-Term Dogecoin Holders Experience Declining Unrealized Profits

Dogecoin Price Update Dogecoin (DOGE) is currently trading at critical demand levels after a decline of over 30% due to significant selling...

Stablecoin Legislation Progress Faces Uncertainty in Congress

Stablecoin regulation efforts are gaining momentum in the US, with several bills introduced but none yet passed. Key points include: The...

Trump Orders Probe into Copper Tariffs, Increasing Market Volatility

President Trump initiated a probe into imposing tariffs on copper imports, aiming to boost domestic metal production. Key points include: Copper...

Pump.fun X Account Compromised to Promote Fraudulent Tokens

On Wednesday, the X account of Pump.fun, a Solana-based token launchpad, was hacked. The attacker promoted fraudulent tokens, including a fake...

Bitcoin Remains Over 20% Below All-Time High Amid ETF Outflows

Bitcoin is currently over 20% below its all-time high from last month, with US bitcoin ETFs experiencing record outflows. Despite a drop to $84,200...

Ondo Finance Joins Mastercard’s Multi-Token Network as First RWA Provider

Ondo Finance will be the first provider of tokenized real-world assets (RWAs) on Mastercard's Multi-Token Network (MTN). This integration allows...

SUI Price Climbs Above $2.80 Amid Rebound Signals

Sui (SUI) is attempting a rebound as its price rises above $2.80, signaling potential bullish momentum after a period of decline. Key points...

U.S. Appeals Court Affirms Ruling Dismissing Uniswap Class Action Suit

The U.S. Court of Appeals for the Second Circuit upheld a lower court's decision to dismiss a class action suit against Uniswap, a decentralized...

Fold Holdings Increases Bitcoin Treasury to Over 1,000 BTC After Nasdaq Listing

Fold Holdings Increases Bitcoin Treasury Fold Holdings acquired 10 additional BTC at an average price of $87,500. The firm now holds over...

Gotbit Founder Aleksei Andriunin Extradited to U.S. on Fraud Charges

Aleksei Andriunin, founder of Gotbit, was extradited to the U.S. to face fraud charges related to a conspiracy to manipulate cryptocurrency token...

Bank of America Plans to Launch US Dollar-Backed Stablecoin Pending Regulations

Bank of America's Stablecoin Plans Bank of America (BofA) plans to introduce a stablecoin once regulations allow. CEO Brian Moynihan...

THORChain DEX Volume Surges 300% as RUNE Token Increases 22%

RUNE Token Surge RUNE, the native token of THORChain, increased by 22% in 24 hours, trading at $1.63 with a market cap of $574 million. DEX...

U.S. House Committee Votes 26-16 to Repeal IRS DeFi Tax Rule

The U.S. House of Representatives is moving to reverse IRS tax regulations on decentralized financial (DeFi) platforms. Key points include: House...

Avalanche (AVAX) Price Approaches $20 Amid Market Decline

Avalanche (AVAX) is approaching the critical $20 mark amid a widespread market decline, prompting panic selling among investors. Technical...

Forensic Report Links $1.4B Bybit Hack to Safe{Wallet} Compromise

Bybit CEO Ben Zhou reported initial findings of the $1.4 billion hack, indicating that attackers exploited vulnerabilities in Safe{Wallet}’s...

U.S. Treasury Secretary Appoints Galaxy Digital Counsel for Crypto Policy

U.S. Treasury Secretary Scott Bessent appointed Tyler Williams as an advisor on digital assets and blockchain technology policy. Williams is...

Bitcoin Drops to $86K Amid ETF Outflows and Market Uncertainty

Bitcoin's recent performance has raised concerns about a potential prolonged market downturn following a significant drop from its peak. Key points...
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