Latest Crypto Industry News and Insights
Russian Bailiffs Seize Bitcoin, Convert to State Revenue: Legal Precedent Set
Russian Bailiffs Convert Seized Bitcoin into State Revenue: A New Legal Precedent Russian bailiffs are getting creative with Bitcoin, converting the cryptocurrency seized in criminal cases into state revenue. This marks a significant step in Russia’s approach to digital currencies. Russian bailiffs convert seized Bitcoin into state revenue Legal precedent set by Tambiev case Need […]
Read MoreUS Lawmakers Demand SEC Preserve Trump’s Crypto Firm Records Amid Regulatory Concerns
US Lawmakers Urge SEC to Preserve Records on Trump-Linked Crypto Firm Senator Elizabeth Warren and Representative Maxine Waters have raised alarms about former President Donald Trump’s financial ties to World Liberty Financial (WLFI), a cryptocurrency company that recently launched a stablecoin. In a letter to the Securities and Exchange Commission (SEC) dated April 2, 2025, […]
Read More$90M Bitcoin Moves from Binance to Mystery Wallet, Sparks Bullish Surge
Mysterious $90 Million BTC Leaves Biggest Crypto Exchange A significant transfer of 1050 BTC, valued at approximately $90 million, was moved from Binance, the leading cryptocurrency exchange, to an unknown wallet. This event, detected on April 2nd, has sparked bullish speculation within the crypto market, suggesting a potential long-term holding strategy by a large investor […]
Read MoreGalaxy Digital UK Gains FCA License, Boosts London Expansion
Galaxy Digital UK Secures FCA License, Eyes Expansion in London Galaxy Digital UK has been granted an FCA license for derivatives trading, marking a significant step in the firm’s expansion into the UK’s financial landscape. This move not only allows Galaxy to deepen its institutional trading services but also positions it to play a pivotal […]
Read MoreCoinlist Reenters U.S. Market Amid Crypto-Friendly Policies, Faces VC Tensions
Coinlist Reenters U.S. Market Amid Crypto-Friendly Policies, Sparks Tension with VCs Coinlist, a leading token launch platform, has resumed operations in the U.S. after a five-year hiatus, driven by a more welcoming regulatory environment under the Trump administration. This move marks a significant shift in the crypto landscape, as Coinlist gears up for its first […]
Read MoreFidelity Launches Crypto IRAs: Invest in Bitcoin, Ether, Litecoin for Retirement
Fidelity Launches Crypto IRAs: A New Era for Retirement Investing in Bitcoin, Ether, and Litecoin Fidelity Investments has taken a significant step into the cryptocurrency realm by launching crypto IRAs, allowing U.S. citizens to invest in Bitcoin, Ether, and Litecoin for their retirement. Fidelity Digital Assets launches crypto IRAs Bitcoin, Ether, and Litecoin available for […]
Read MoreFirst Digital Trust Denies Insolvency Claims, Targets Legal Action Against Justin Sun
First Digital Trust Denies Justin Sun’s Allegations, Plans Legal Action First Digital Trust, the issuer of the FDUSD stablecoin, has strongly refuted allegations of insolvency made by Justin Sun, labeling them as part of a smear campaign aimed at tarnishing their reputation. First Digital Trust refutes insolvency claims Controversy centers around TrueUSD (TUSD), not FDUSD […]
Read MoreCoinbase User Loses $35M in Bitcoin to Sophisticated Phishing Scam
Coinbase Customer Falls Victim to $35 Million Bitcoin Scam A Coinbase user lost 400 BTC, valued at approximately $35 million, to a sophisticated phishing scam. Blockchain investigator ZachXBT uncovered this theft and identified additional losses totaling $11 million from other Coinbase customers in March. This incident raises serious questions about the security measures at major […]
Read MoreDiversified Crypto Investing: Reducing Risk with ETPs and Staking
Why a Diversified Crypto Investment Strategy Matters Cryptocurrencies have transitioned from speculative assets to a legitimate investment class, making diversification a key strategy for managing risk and enhancing portfolio stability. Diversification reduces risk and enhances stability Financial firms like WisdomTree offer ETPs for diversified exposure Staking within ETPs provides additional revenue streams The growth of […]
Read MoreU.S. Crypto Adoption Hits 55 Million in 2025: Diverse Demographics Embrace Digital Assets
Crypto Adoption in the U.S. Soars to 55 Million Users in 2025 The 2025 State of the Crypto Holders Report reveals that 55 million American adults are now embracing digital assets, a sign of growing trust and enthusiasm across diverse demographics. 55 million American adults engaged with digital assets Broad demographic reach across age, gender, […]
Read MoreSen. Ted Cruz’s FLARE Act: Boosting Bitcoin Mining with Stranded Gas
Sen. Ted Cruz Introduces FLARE Act to Boost Bitcoin Mining with Stranded Gas – FLARE Act encourages Bitcoin mining with stranded gas – Tax incentives offered to reduce emissions – Political opposition expected from Democrats Senator Ted Cruz has introduced the FLARE Act, a bill designed to incentivize Bitcoin miners to utilize stranded natural gas […]
Read MorezkLend Hacker Claims Phishing Scam Loss: 3,667 ETH Stolen Funds Vanish
zkLend Thief Claims to Be Robbed: A Twist in the Tale of Stolen Crypto The hacker who stole 3,667 ETH from the zkLend lending platform in mid-February now claims to have been scammed themselves, adding a bizarre twist to the saga of stolen cryptocurrency. The perpetrator points fingers at a phishing site, leaving the crypto […]
Read MoreCrocodilus Malware Targets Android Crypto Wallets: Global Threat Looms
Crocodilus Malware: A New Threat to Android Users and Cryptocurrency Wallets Crocodilus, a new strain of malware targeting Android devices, poses a significant risk to mobile banking apps and cryptocurrency wallets. This sophisticated threat uses advanced techniques like remote control, black screen overlays, and an Accessibility Logger to steal sensitive information. Initially focused on Spain […]
Read MoreKraken Boosts Ripple’s RLUSD: A Game-Changer for Cross-Border Payments
Kraken Embraces Ripple’s RLUSD, Boosting Stablecoin’s Cross-Border Payment Potential Kraken, a leading US crypto exchange, has added support for Ripple’s new stablecoin, RLUSD, enhancing its potential for cross-border payments. Launched in mid-December 2024, RLUSD has already surpassed a $293 million market cap and is now available on both the XRP Ledger and Ethereum blockchains. This […]
Read MoreFDUSD Stablecoin Crashes to $0.76 Amid Liquidity Fears and Justin Sun’s Accusations
FDUSD Stablecoin Depegs Amid Allegations and Liquidity Concerns FDUSD, a stablecoin issued by First Digital, recently experienced a dramatic depeg, plummeting to as low as $0.76 before recovering to around $0.97. This event was triggered by concerns over the liquidity of First Digital’s reserves and amplified by accusations from Tron founder Justin Sun. FDUSD depegged […]
Read More21% of U.S. Adults Embrace Crypto: Survey Reveals Widespread Adoption and Impact
Major Survey Reveals 1 in 5 U.S. Adults Now Use Cryptocurrency One in five U.S. adults, or about 55 million people, are now using cryptocurrency, according to a groundbreaking survey by the National Cryptocurrency Association (NCA) and Harris Poll. This significant adoption rate spans diverse demographics and income levels, with a notable enthusiasm among those […]
Read MoreYe Zhang Slams Ethereum L2 Fee Proposals: Calls for Hub, Not Tax
Critics Say Ethereum Must Empower L2s, Not Extract Value from Them Ye Zhang, co-founder of the layer-2 network Scroll, has ignited a fierce debate within the Ethereum community by opposing the idea of charging fees on Ethereum’s Layer-2 (L2) networks. He argues that such a move would prioritize short-term gains over the long-term growth and […]
Read MoreSwitzerland’s Digital Payment Surge Fuels Swiss Stablecoin Potential
Digital Shift in Swiss Economy Shows Substantial Opportunity for Swiss Stablecoin, Bitcoin Suisse Says Switzerland’s transition from a cash-centric society to embracing digital payments is paving the way for Swiss stablecoins to play a significant role in the future of finance. 35% of in-store purchases now made with debit cards, surpassing cash. Bitcoin Suisse sees […]
Read MoreRipple Boosts Cross-Border Payments with RLUSD Integration
Ripple Integrates RLUSD into Payments Platform, Boosting Cross-Border Efficiency Ripple has taken a bold step forward by integrating its USD-backed stablecoin, RLUSD, into its Ripple Payments platform. This move aims to streamline cross-border transactions and expand the utility of RLUSD among financial institutions. Ripple integrates RLUSD into Ripple Payments RLUSD launched in December 2024 Market […]
Read MoreCoinbase CEO Urges Stablecoin Legislation for On-Chain Interest to Boost U.S. Economy
Coinbase CEO Brian Armstrong Advocates for Stablecoin Legislation to Boost U.S. Economy Imagine earning interest on your digital dollars without ever leaving your wallet. Coinbase CEO Brian Armstrong is pushing for stablecoin legislation that would make this a reality, potentially fueling economic growth and extending U.S. dollar dominance worldwide. Coinbase CEO pushes for on-chain interest […]
Read MoreFAT Brands Pioneers Bitcoin Payments for Franchises, Boosts Crypto Mainstreaming
NASDAQ-listed FAT Brands Now Accepts Bitcoin for Franchise Payments FAT Brands, a global restaurant franchising giant, has announced it will now accept Bitcoin for franchise royalty payments, becoming the first in the restaurant franchise industry to embrace cryptocurrency. This move not only reflects the growing mainstream acceptance of Bitcoin but also aims to streamline payment […]
Read MoreVanEck Files for First U.S. BNB ETF, Challenging Grayscale in Crypto Market
Fund Manager VanEck Moves to Launch First U.S.-Based BNB ETF Investment giant VanEck has taken a bold step towards mainstreaming cryptocurrencies by filing for the first U.S.-based Binance Coin (BNB) exchange-traded fund (ETF) in Delaware. This move, confirmed by former Binance CEO Changpeng Zhao, could significantly boost BNB’s presence in the U.S. market if approved […]
Read MoreBitfarms Secures $300M Loan to Boost Bitcoin Mining and AI at Panther Creek Amid Regulatory Hurdles
Bitfarms Secures $300 Million Loan for Bitcoin Mining and AI Expansion at Panther Creek Data Center Bitfarms, a Canadian Bitcoin mining company, has secured a $300 million loan from Macquarie Group to expand its Panther Creek data center in Pennsylvania. This strategic move aims to boost Bitcoin mining capacity and tap into the growing demand […]
Read MoreOstium Boosts Trading with New Points Program: 10M Points for Early Adopters
Ostium Launches Competitive Points Program to Boost Trading and Liquidity Ostium, a leading leveraged trading platform for Real World Assets (RWAs), has launched the Ostium Points Program to incentivize user engagement through trading, referrals, and liquidity provision. The program, which kicked off on March 31, 2025, at 10:00 AM ET, aims to reward early adopters […]
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