Crypto

A collection of 474 posts

Bitcoin

Crypto Market Stumbles as Bitcoin and Ethereum Face Downward Pressure

The crypto market took a noticeable hit on Sunday, with its global valuation slipping by 2.02% to land at $2.69 trillion. Leading the declines were major players like Bitcoin and Ethereum, which struggled to maintain their footing as losses rippled across the digital asset landscape. Bitcoin, the market’

Crypto

Argentina Unveils Robust Crypto Oversight Framework to Boost Transparency

Argentina is stepping into the spotlight of global cryptocurrency with a freshly minted regulatory framework designed to tighten oversight of virtual asset service providers (VASPs). Known as Resolution No. 1058, this initiative from the country’s Comisión Nacional de Valores (CNV) introduces a comprehensive set of rules aimed at ensuring

Crime

UK Crime Agency Officer Accused of Stealing 50 Bitcoin in 2017, Now Worth $4.2 Million

In a striking development from the United Kingdom, prosecutors have accused a National Crime Agency officer of pilfering 50 Bitcoin back in 2017, a theft that has ballooned in value over the years. The Crown Prosecution Services has greenlit Merseyside Police to bring charges against Paul Chowles, a 42-year-old NCA

Legal

Three Arrows Capital Secures Court Approval to Boost FTX Claim to $1.53 Billion

In a significant development in the crypto industry, a United States bankruptcy court has granted Three Arrows Capital (3AC), a now-defunct crypto hedge fund previously run by Kyle Davies and Su Zhu, permission to expand its financial claim against the collapsed exchange FTX to $1.53 billion; FTX was previously

Zano

Zano Joins Bitcoin.com Wallet, Advancing Privacy in Crypto

Zano, a layer-1 blockchain dedicated to confidential assets and private decentralized applications, has found a new home within an established Bitcoin and cryptocurrency ecosystem. This integration with Bitcoin.com introduces a privacy-centric tool that empowers users to manage their financial data with enhanced control. It also advances the accessibility of

Bitcoin

How Russia Is Using Bitcoin, Ethereum, and Stablecoins to Power Its Oil Trade with China and India

Russia has quietly turned to cryptocurrencies like Bitcoin, Ethereum, and Tether to facilitate its massive oil trade with China and India, a move aimed at navigating around Western sanctions, according to Reuters. This development marks a shift in how the country handles its $192 billion oil market, as reported by

Solana

Solana Community Rejects Proposal to Cut $3.5 Billion Token Expense in Historic Vote

On Thursday, Solana stakeholders voted down a proposal that would have reduced the annual allocation of $3.5 billion in tokens awarded to stakers, marking a significant moment for the blockchain’s decentralized governance. Known as SIMD-0228, the proposal aimed to adjust the token rewards system by lowering emissions based

Wallet

Telegram Crypto Wallet Unveils Trading and Yield Features for Users

Telegram’s crypto wallet, developed by third-party company The Open Platform (TOP), has rolled out new features that expand its capabilities beyond simple messaging integration. The latest updates bring multi-asset trading and yield options to users of the wallet, which operates on the TON blockchain. Originally launched in 2023, the

Regulations

Congress Overturns IRS Crypto Rules, Boosting Digital Asset Innovation

In a significant victory for the cryptocurrency industry, Congress has taken decisive action to dismantle controversial IRS regulations that many feared were choking the growth of digital assets in the United States. On March 11, 2025, the U.S. House of Representatives passed H.J. Res. 25, a resolution aimed

Artificial Intelligence

Venice AI Burns $100 Million in Unclaimed VVV Tokens After Airdrop Ends

The Venice community airdrop has officially wrapped up. On Wednesday, roughly $100 million worth of unclaimed VVV tokens were permanently burned, removing them from circulation forever. This move underscores Venice’s commitment to its vision as a private, censorship-resistant artificial intelligence platform. Built on the Ethereum Layer 2 Base network,

Crypto

Bolivia Embraces Crypto to Address Import Issues Amid Dollar and Fuel Shortages

In a bold move to address mounting economic pressures, Bolivia’s state owned energy company, YPFB, has turned to cryptocurrency to facilitate payments for energy imports. This decision comes as the landlocked South American nation grapples with a severe shortage of U.S. dollars and fuel, a crisis that has

Libra

LIBRA Co-Creator Hayden Davis Accused of Cashing Out Millions in Alleged Stolen Funds

In an interesting discovery, Hayden Davis, the co-creator of the controversial LIBRA memecoin, has reportedly cashed out over $1.6 million in what some are calling illicit gains. Crypto and blockchain analyst known as “Dethective” has brought these claims to light, alleging that Davis exploited funds tied to LIBRA and

Binance

Binance Lands Record $2 Billion Investment from Abu Dhabi’s MGX in Historic Crypto Deal

Binance, the world’s leading cryptocurrency exchange, has secured a groundbreaking $2 billion investment from MGX, an Abu Dhabi-based firm focused on artificial intelligence and technology ventures. This deal stands out as the largest institutional investment ever made in a cryptocurrency company and the biggest transaction of its kind paid

Crypto

Bank of Russia Unveils Three-Year Plan for Limited Crypto Trading Experiment

The Bank of Russia has announced a significant move to integrate cryptocurrency trading into the country’s financial landscape, unveiling a three-year experimental legal framework designed to test the waters of this volatile market. This initiative, set to launch under strict oversight, will restrict participation to high-net-worth individuals and select

Malware

How Cybercriminals Are Blackmailing YouTube Influencers to Spread Crypto Mining Malware

In a troubling new trend, cybercriminals are targeting YouTube creators, coercing them into embedding malicious crypto mining malware in their videos. According to a recent investigation by cybersecurity firm Kaspersky, hackers are exploiting the growing popularity of Windows Packet Divert drivers in Russia. These drivers, designed to help internet users

Artificial Intelligence

No, Grok AI Did Not Launch Its Own Cryptocurrency, Here’s What Really Happened

Rumors are swirling suggesting that Grok, the artificial intelligence agent developed by xAI, launched its own cryptocurrency, sparking excitement and speculation across the crypto community about an AI making its own crypto. However, the reality is less exciting, as Grok did not create or launch a cryptocurrency of its own.

Solana

Solana Stakeholders Vote to Cut New Token Creation by 66% to Reduce Inflation Growth

The Solana network is on the cusp of a significant shift as its stakeholders vote on a proposal to drastically cut the creation of new SOL tokens. Known as Solana Improvement Document 228 or SIMD-0228, this measure aims to reduce the staking rewards tied to the total amount of staked

Bitcoin

El Salvador Expands Crypto Regulation Reach with New Paraguay Agreement

El Salvador has taken another significant step in its mission to shape the global crypto landscape by signing a regulatory agreement with Paraguay. This move, formalized last Friday, marks the second such partnership El Salvador has secured in the past three months, following a similar deal with Argentina in December.

Memecoins

“Dark Storm” Hacker Group Targets X in Massive DDoS Cyberattack, Launches Memecoin

The digital world faced another shakeup this week as X (formerly Twitter), the social media platform owned by Elon Musk, fell victim to a significant cyberattack. A group known as the Dark Storm team, reportedly aligned with pro-Palestinian causes, has claimed responsibility for the assault, which took the form of

Bitcoin

Bitcoin Price Drops to $79,170 as Recession Concerns Weigh on Investors

The crypto market faced a sharp downturn today, with Bitcoin falling to a low of $79,170 per unit. This decline reflects broader unease among investors, as the leading digital asset tracks a similar slide in U.S. equities amid growing fears of an economic recession. The sell-off has rippled

Regulations

Cayman Islands Introduces Crypto Regulations with New Licensing Rules for Trading and Custody Providers

The Cayman Islands has introduced significant updates to its cryptocurrency regulatory framework, setting a clear path for businesses involved in virtual asset services. As of April 1, 2025, any entity providing virtual asset custody or operating a crypto trading platform within or from this British Overseas Territory will need to

Stablecoin

U.S. Department of Housing Explores Blockchain and Stablecoin Experiment for Grant Management

The U.S. Department of Housing and Urban Development (HUD), an agency responsible for overseeing billions in federal aid and insuring over a trillion dollars in mortgages, is exploring the possibility of integrating blockchain technology and a stablecoin into its operations. According to a meeting recording and documents reviewed by

Exchange

Winklevoss Twins Reflect on Gemini Crypto Exchange Challenges and Resilience

The cryptocurrency landscape has always been a wild ride, but few stories capture its turbulence quite like that of Tyler and Cameron Winklevoss, the co-founders of Gemini. At the recent White House crypto summit, the twin entrepreneurs took a moment to reflect on a journey that saw them weather intense

Coinbase

Coinbase Exchange Plans to Hire 1,000 Workers in the United States

Coinbase, a leading cryptocurrency exchange, is set to hire 1,000 workers across the United States in 2025, signaling a strong vote of confidence in the industry’s resurgence. The announcement, made by CEO Brian Armstrong, comes after the White House hosted its first-ever crypto summit, a gathering that has

Crypto

FIFA Unveils Ambitious FIFA Coin Project at White House Crypto Summit

In a surprising turn of events, the world of soccer is stepping into the digital currency arena. Gianni Infantino, president of FIFA, the international governing body for soccer, revealed plans to launch a cryptocurrency called "FIFA Coin" during a speech at the White House Crypto Summit on Friday,