Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative losses over four weeks to $3.74 billion. Early in the week, inflows reached $575 million amidst brief optimism, but continued price weakness, which ended up triggering $853 million in outflows soon after. Sentiment stabilized slightly on […]
A United States federal judge has ordered crypto influencer Ben Armstrong, previously known as “BitBoy,” to pay $2.8 million after he failed to defend himself in a defamation lawsuit brought by investor and television personality Kevin O’Leary. According to court documents, US District Judge Beth Bloom of the Southern District of Florida entered the default […]
Since reaching a record high last October, Bitcoin has shed nearly half its value. As it continues to struggle below $70,000, the weakness is fueling fears of another crypto winter. But despite the ongoing volatility in the market, retail activity on Coinbase has remained steady, according to Brian Armstrong. Post-October Slump In a recent tweet, […]
Xaman Wallet founder Wietse Wind has said that a “massive XRPL targeted scam effort” is underway, warning users about fake sign requests, phishing emails, and impersonation accounts. His alert points to a rise in social engineering attacks aimed at crypto holders rather than flaws in the blockchain code. A Multi-Pronged Attack on XRPL Users Wind […]
“The folks saying this [crypto] winter is worse than 2018 or 2022 don’t remember 2018 or 2022,” said Bitwise Chief Investment Officer Matt Hougan on Tuesday. In 2018, “we had $3,000 Bitcoin and a ‘global computer’ [Ethereum] with no applications and limited throughput,” he said before adding, “In 2022, we had a total market collapse […]
The US Department of Justice announced that Ramil Ventura Palafox, the CEO of Praetorian Group International (PGI), was sentenced to 20 years in prison. Prosecutors stated that Palafox operated a $200 million Bitcoin-based Ponzi scheme that defrauded more than 90,000 investors across the world. Bitcoin Fraud Case According to court documents, Palafox, the 61-year-old dual […]
As global attention remains fixed on the continued release and scrutiny of emails and documents tied to sex trafficker Jeffrey Epstein, attention has turned to how exploitation networks operate and move money. Against this backdrop, a new report from Chainalysis disclosed that cryptocurrency flows to suspected human trafficking-related services surged sharply in 2025. Transaction volumes […]
It was three months ago when the wait was finally over for the XRP Army as the first spot exchange-traded fund tracking the performance of their favorite asset in the US launched. The initial trading days were more than impressive, and a few more funds joined the Ripple fleet. However, the past week showed a […]
Coinbase reported a $667 million net loss for the fourth quarter of 2025, its first quarter in the red since 2023. The loss, which was largely driven by non-cash write-downs on the company’s crypto holdings and strategic investments, landed far below analyst expectations and reversed a $1.3 billion profit from the same period last year. […]
Braden John Karony, SafeMoon’s former CEO, has been sentenced to 8 years in prison for his role in a multi-million dollar crypto fraud scheme. U.S. District Judge Eric Komite handed out the judgment in a Brooklyn federal court after a jury convicted him in May 2025 following a three-week trial. Details of The Sentencing Court […]