Latest Crypto Industry News and Insights
Ripple Locks 700M XRP in Escrow: A Strategic Move Amid Legal Battles
Ripple Locks 700M XRP in Escrow Amid Ongoing Token Supply Strategy Ripple continues its strategic dance with XRP supply, locking away another 700 million tokens in escrow. This move reflects Ripple’s ongoing commitment to managing the cryptocurrency’s circulation, aiming for market predictability. Despite the maneuver, XRP’s price experienced only a minimal dip of 0.2% over […]
Read MoreVana’s VRC-20 Standard Launches, Tokenizing Real-World Data for Enhanced Market Utility
Vana’s VRC-20 Standard: Pioneering the Tokenization of Real-World Data Vana, an EVM-compatible Layer 1 blockchain (a blockchain that can run Ethereum-based applications), has launched VRC-20, a new standard designed to revolutionize how real-world data is tokenized, bringing trust, liquidity, and utility to data markets. Vana introduces VRC-20 for tokenizing real-world data. VRC-20 enhances trust, liquidity, […]
Read MoreDogwifhat’s $700K Las Vegas Sphere Campaign Fails, Refunds Begin
No Sphere WIF Hat In Las Vegas: Dogwifhat Fundraiser Announces Start Of Refunds The ambitious “Sphere WIF Hat” campaign by the dogwifhat (WIF) community, which aimed to showcase their memecoin mascot on the Las Vegas Sphere, has ended in disappointment. The campaign, which raised over $700,000, faced accusations of fraud from the Sphere’s team, leading […]
Read MorePeter Schiff’s Bitcoin Donation Stunt Met with Sarcasm and Solana
Bitcoin Critic Peter Schiff Seeks Donations to Grow BTC Reserve, Sparking Sarcastic Reactions Peter Schiff, the vocal critic of Bitcoin and advocate for gold, has stirred the crypto community with a surprising move: soliciting donations to bolster his Bitcoin reserve. Known for his skepticism towards digital currencies, Schiff’s decision to share a BTC wallet address […]
Read MoreDeFi Protocols Slash Rates Amid Market Cool-Down: Stablecoins and High Yields in Focus
DeFi Yield Shifts to Low Interest Rate Strategy Amid Market Slowdown In the decentralized finance (DeFi) sector, protocols are adjusting to a cooling market by lowering interest rates, driven by a record supply of stablecoins used for lending to generate yield. Despite the slowdown, the DeFi sector remains robust, with over $96 billion in total […]
Read MoreSony Partners with Crypto.com for USDC Payments in Singapore, Boosts Web3 with Soneium
Sony Embraces Crypto: USDC Payments Now Accepted in Singapore Sony Electronics has partnered with Crypto.com to enable USDC payments at its online store in Singapore, marking its first direct foray into cryptocurrency transactions. This move signifies a broader push towards mainstream crypto adoption, with Sony also expanding its Web3 ambitions through the Soneium blockchain in […]
Read MoreeXch Drops USDT, USDC Amid Bybit Hack Laundering Probe, Shifts to DAI
Infamous Mixing Protocol eXch Drops USDT, USDC Amid Bybit Theft Scrutiny eXch, a notorious centralized mixing protocol, is under intense scrutiny from U.S. authorities for its alleged role in laundering millions stolen by North Korean hackers from the Bybit exchange. In a bid to evade regulatory heat, eXch is restructuring its operations, which includes merging […]
Read MoreBitcoin Mining Shifts to Renewables, Coal Use Plummets by 2030
Bitcoin Mining’s Energy Shift: Coal Use Drops While Renewables Rise Bitcoin mining is undergoing a significant transformation, moving away from coal and embracing renewable energy sources. This shift reflects the industry’s response to environmental concerns and aligns with broader energy sector trends. Coal’s use in Bitcoin mining dropped from 63% in 2011 to 20% in […]
Read More9GAG Acquires Howkingtech, Launches MemeStrategy to Invest in Bitcoin and AI
9GAG’s Bold Leap: Acquiring Howkingtech to Launch MemeStrategy and Dive into Bitcoin and AI 9GAG, the beloved meme-sharing platform, has taken a significant step into the realms of AI, cryptocurrencies, and the creator economy by acquiring Hong Kong-listed Howkingtech International. The acquisition, led by 9GAG co-founder Ray Chan, will see Howkingtech rebranded as MemeStrategy, with […]
Read MoreUK Trade Bodies Urge Government to Prioritize Blockchain with Envoy and Action Plan
UK Trade Bodies Demand Action on Blockchain and Digital Assets Six leading UK trade bodies have issued a strong call to action, urging the government to prioritize the blockchain and digital assets sector. In a letter to Varun Chandra, the Prime Minister’s special adviser, they demand the appointment of a dedicated blockchain envoy and the […]
Read MoreCircle’s IPO Faces Scrutiny Amid Revenue Surge and Profit Woes
Concerns Mount Over Circle’s IPO Amid Robust Revenue Growth and Persistent Profitability Struggles Circle, the powerhouse behind the widely-used stablecoin USDC, is gearing up for its long-awaited Initial Public Offering (IPO). Despite boasting significant revenue growth, the big question mark over profitability continues to cast a shadow over the company’s financial health and the IPO’s […]
Read MoreBybit Exits NFT Market Amid 50% Sales Drop: Strategic Shift or Market Signal?
Bybit Exits NFT Market Amid Declining Sales: A Strategic Pivot or a Sign of the Times? Bybit, a leading cryptocurrency exchange, has announced the closure of its NFT marketplace, Inscription marketplace, and Initial DEX Offering (IDO) platform, effective April 8, 2025. This move comes as the NFT market faces a significant downturn, with sales dropping […]
Read MoreCryptomugging Wave Hits UK: Investors Lose Millions to Smartphone Thefts
New Wave of “Cryptomugging” Hits UK: Investors Lose Millions In a disturbing trend sweeping the UK, criminals are targeting cryptocurrency investors through a method dubbed “cryptomugging,” where smartphones are snatched to access crypto apps. Toby Atkinson, who turned a £100 investment into over a million pounds, was coerced into transferring £750,000. Similarly, Sam Kelly lost […]
Read MoreHashgraph’s HashSphere: Private Blockchain for Regulated Sectors Launches Q3 2025
Hashgraph Unveils HashSphere: A Game-Changer for Regulated Industries Hashgraph, the powerhouse behind the Hedera network, is making waves with the announcement of HashSphere, a private, permissioned blockchain set to launch in Q3 2025. Designed specifically for enterprises in regulated sectors like banking and asset management, HashSphere aims to revolutionize how these industries manage cross-border stablecoin […]
Read MoreBlackRock CEO Warns of U.S. Dollar Decline, Sees Bitcoin as Threat
BlackRock CEO Warns U.S. Debt Could Weaken Dollar’s Global Role to Bitcoin BlackRock CEO Larry Fink has issued a stark warning about the potential decline of the U.S. dollar due to the country’s rapidly increasing debt. In his annual letter, Fink not only highlights the alarming growth of national debt but also points to Bitcoin […]
Read MoreArcium Launches Encrypted Ecosystem: 25+ Projects on Solana for Enhanced Privacy
Arcium’s Encrypted Ecosystem: Pioneering Private Computation Arcium has launched its Encrypted Ecosystem, a groundbreaking network designed to enhance data privacy across multiple sectors through encrypted computation. Arcium launches Encrypted Ecosystem with over 25 projects Covers eight sectors including DeFi, AI, and NFTs Initial deployment on Solana blockchain Arcium, the encrypted supercomputer, is setting a new […]
Read MoreCrocodilus Malware Targets Android Crypto Wallets: How to Protect Your Assets
Crocodilus Malware: A New Threat to Crypto Wallets on Android Picture this: you wake up, check your crypto wallet, and it’s empty. Crocodilus, the latest Android malware, isn’t just a bad actor; it’s a full-blown villain in the crypto world, designed to pilfer your digital assets with cunning precision. Crocodilus Malware targets Android crypto wallets […]
Read MoreAI Revolutionizes Creator Economy: Ethical Engagement and New Opportunities
Ethical AI Content: A Game-Changer for Creators and Fans AI is revolutionizing the creator economy, particularly for adult or NSFW content creators, by enhancing personalized engagement and offering new creative opportunities. AI enhances creator-fan interactions Personalized engagement at scale Economic benefits for creators Ethical AI implementation Content creators on platforms like OnlyFans often struggle to […]
Read MoreSEC Crypto Task Force Launches Roundtables to Clarify Digital Asset Regulation
SEC Crypto Task Force Announces Roundtable Discussions to Clarify Digital Asset Regulation The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force is set to host a series of roundtable discussions aimed at clarifying the regulation of digital assets. Launched on January 21 by Acting SEC Chairman Mark T. Uyeda, the “Spring Sprint Toward Crypto […]
Read MoreThai SEC Cracks Down on OKX for Unlicensed Crypto Operations
Thai SEC Targets OKX for Regulatory Violations in Crypto Crackdown The Thai Securities and Exchange Commission (SEC) has launched a legal salvo against OKX, a major cryptocurrency exchange, for operating without a license and flouting critical regulations, highlighting Thailand’s ongoing efforts to police the digital asset market. Thai SEC initiates action against OKX for unlicensed […]
Read MoreMARA Holdings to Raise $2 Billion in Stocks for Bitcoin and Mining Expansion
MARA Holdings Aims to Raise $2 Billion in Stocks to Boost Bitcoin Stash and Mining Power MARA Holdings, a leading Bitcoin miner, is set to raise up to $2 billion through a public sale of new shares. The funds are set aside to increase its Bitcoin holdings and purchase additional mining servers, a strategic move […]
Read More25% of Hong Kong Adults Plan to Hold Crypto Amid Regulatory Push
One in Four Hong Kong Adults Plans to Hold Crypto: A Growing Trend Amid Regulatory Advances In November 2024, a survey conducted by the Hong Kong University of Science and Technology (HKUST) revealed that 25% of Hong Kong adults plan to hold cryptocurrencies, marking a significant 6% increase from the previous year. This surge in […]
Read MoreEthereum’s Investment Value Debated: Is ETH Dead or Just Evolving?
Ethereum’s Investment Prospects: A Heated Discussion Quinn Thompson, the Chief Investment Officer at Lekker Capital, has sparked a heated discussion within the cryptocurrency community by declaring Ethereum (ETH) “completely dead” as an investment. This bold statement has drawn responses from industry leaders, shedding light on Ethereum’s valuation and future potential. Ethereum’s investment value debated Declining […]
Read MoreCalifornia’s AB 1052 Advances Crypto Payments and Self-Custody Protections
California’s Assembly Bill 1052: A Leap Forward for Crypto Payments and Self-Custody California’s Assembly Bill 1052, recently amended to focus on digital assets, marks a significant step towards mainstream crypto adoption in the state. This bill, led by Banking and Finance Committee chair Avelino Valencia, aims to legalize digital asset payments and protect self-custody wallets, […]
Read More