Goldman Sachs and Citigroup are among the banks that have committed about $270 million to a joint stablecoin company, Bloomberg reported on Tuesday. Banco Santander and Deutsche Bank have also joined, according to people familiar with the matter. That money is meant to cover five years of operations at the new company, which will issue […]
Earlier this week, the leading cryptocurrency plunged to roughly $73,500, its lowest level since August. Bulls have reclaimed some of the lost ground, but BTC still trades near $74,100, down about 10% over the past month. Despite the minor rebound, bears remain in charge, while two key factors suggest that the asset may post additional […]
The cryptocurrency market is once again in a dire state, with bitcoin dumping from over $81,000 a week ago to a multi-month low of under $73,000 yesterday. Today’s rebound attempt has seen little success. While essentially all major assets are down since their explosive rallies after the midterm elections last Wednesday, Ripple’s cross-border token has […]
Initia, a network designed for interwoven optimistic rollups, has halted its layer 1 blockchain after it detected unauthorized transfers from escrow accounts holding assets bridged to several rollups. According to the team, approximately $615,000 left the network before the shutdown, with the incident raising new concerns for a project that only recently restored operations after […]
North Korean hackers are creating their own meme coins to move stolen stash from the Binance hack, according to blockchain analytics firm Elliptic. The attackers are using newly launched tokens and decentralized exchange liquidity pools to move funds between wallets without making direct transfers. Binance Laundering Tactic Elliptic flagged the activity on Tron and NEAR, […]
Security firm SlowMist has said that a cracked version of TradingView Premium promoted on X since mid-October is actually a Windows malware designed to steal sensitive information. The lure was free access to paid charting features, with one of the posts pushing the free download passing more than 360,000 views. How the Fake Premium Software […]
Two troubling headlines rattled the crypto market over the past day. Nvidia CEO Jensen Huang admitted to an affair with a woman suspected by US officials of spying for China. Meanwhile, Marco Rubio said Iran negotiations had stalled. Several top assets suffered significant pullbacks; XRP, for one, fell by almost 7% over the past 24 […]
Bitcoin continues to trade weakly, and while it may have fallen below $75,000, some of its larger holders aren’t backing away. According to Santiment, wallets holding between 1 and 10 BTC have accumulated 10,076 coins over the past two weeks. Holders Betting on a Rebound? Those holding 10 to 100 BTC added another 4,131 coins […]
US President Donald Trump has defended his co-ownership of World Liberty Financial (WLFI), rejecting questions about potential conflicts of interest involving his family’s crypto businesses. He framed the concerns as something that every president before him has had to deal with and argued that his sons should not have to suspend their business activities just […]
Coinbase has secured full approval for its national trust bank charter as the biggest US crypto exchange moves beyond the conditional status it received earlier this year. The US Office of the Comptroller of the Currency (OCC) has signed off on the Coinbase National Trust, allowing the exchange to operate under a fully approved federal […]