Here’s what happened in crypto today NewNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Kalshi ends Donald Trump Jr. advisory role over Polymarket investment: Reuters NewThe prediction market operator said the decision was mutual and followed 1789 Capital’s investment in rival Polymarket, denying political considerations.
Strategy stock sheds 5% amid MSCI index removal, Bitcoin sell-off NewStrategy shares declined Thursday following MSCI’s decision to remove the company from its indexes, as Bitcoin also fell amid a broader crypto market decline.
US Justice Department, business groups and DeFi firms challenge Illinois crypto tax NewIndustry groups argued in court filings that Illinois’ crypto tax, which applies even when a transaction yields no profit, could raise compliance costs and violate federal law.
DTCC Plans Solana Expansion as Wallet Rules Limit Access NewThe US securities clearinghouse plans to bring tokenized stocks to Solana in 2027, but analysts say restrictions could limit adoption.
Bitcoin slides toward $71K as Nvidia stock tumbles after Huang steps down NewBitcoin fell to its lowest leve since Aug. 20 as tech stocks slid following the resignation of Nvidia CEO Jensen Huang.
Jensen Huang resigns as Nvidia CEO, exits board; shares plunge NewColette Kress will remain Nvidia’s chief financial officer while serving as interim CEO as the board searches for a permanent successor.
BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of…
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister SaysCryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With ChinaBRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert…
Russian Official Expects Agreement on BRICS Currency This YearThe chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market CapPepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates,…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
How These Whitehat Hackers Helped Oasis Network Get Back $140 Million In Stolen CryptoAccording to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhole had been hacked, and it was estimated that around $326 million worth of cryptocurrency had been stolen, with the…
Kalshi Ends Donald Trump Jr Advisory Role After Polymarket Deal NewTLDR: Donald Trump Jr’s advisory contract with Kalshi ended after 1789 Capital’s investment in Polymarket, which the exchange identified as the reason for the mutual split. Kalshi said the agreement was mutual and credited Trump Jr with helping it reach more customers, while denying that political considerations drove the decision. Reuters reported discussions began in…
Dogecoin Whales Buy 1.8B DOGE as DogeOS Prepares Mainnet Launch NewTLDR: Crypto commentator DogeGod reported that large holders bought 1.8B DOGE worth about $122M, but the Dogecoin claim lacks wallet and transaction details. DOGE traded near $0.06694, down 1.43% in 24 hours and 5.72% in seven days, with nearby support between $0.0660 and $0.0670. Trader Tardigrade says a neckline break could support a short-term move,…
South Korea Crypto Exchanges May Freeze Withdrawals on Hack Fears NewTLDR: Crypto exchanges in South Korea could suspend deposits and withdrawals when hacking is suspected under a planned FSC measure. The FSC plans a no-action letter for preventive suspensions but has not detailed the conditions, time limit or issue date. GOPAX halted trading and standard withdrawals on Nov. 6 after a hacking threat, though it…
XRP Price Risks $0.90 Test That Could Delay Rally for Months NewTLDR: XRP price sits near $1 after losing the $1.086 and $1.091 Fibonacci levels, leaving $0.9855 as the chart’s immediate reversal area. A double bottom around $1 would preserve CasiTrades’ bullish wave count, but a fresh low near $0.90 could require another Wave 1 and Wave 2. Analyst CasiTrades says a move to $0.90 could…
ServiceNow (NOW) Stock: Launches Autonomous CRM Engine to Speed Up AI Adoption NewTLDR ServiceNow launches Autonomous CRM Engine to speed legacy CRM migrations to weeks. AI-driven discovery maps existing workflows, integrations, and custom CRM objects. Continuous monitoring detects configuration errors before they disrupt operations. Datacom and Xactly adopt ServiceNow CRM to streamline sales and service workflows. Autonomous CRM Engine enters controlled availability, with expansion set for 2027.…
Elon Musk’s SpaceX, Tesla Merger Could Be Announced in December: Report NewTLDR: Elon Musk’s Tesla and SpaceX may announce a merger in December, but neither company has agreed on final terms. Tesla and SpaceX formed independent board committees to review the merger, which would need shareholder votes. The proposed Tesla-SpaceX combination may be worth $3.5 trillion, based on the previously reported valuations. Tesla’s December 3 shareholder…
Fermi Inc. (FRMI) Stock: Surges 13% as Hyperscaler Commits $200M to Project Matador NewTLDR FRMI stock climbed 13.26% to $2.05 following a major Project Matador funding deal. An unnamed hyperscaler committed $200 million toward 600 MW at Project Matador. Fermi secured a $15 million deal for early construction and site development work. Fermi ended its TensorWave lease while maintaining its Texas Tech partnership. Fermi reported a $141.6 million…
Tether stops fighting freedom of information request, allows disclosure of reserve dataStablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm…
BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdingsBlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing…
Texas regulator says Abra secretly moved funds to Binance, has been insolvent for monthsThe Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it was…
Binance.US reportedly cuts 50 staff following SEC chargesBinance.US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments., Reuters reported June 15. Two Binance.US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. Binance.US has not officially announced the staff cuts.…
Do Kwon’s detention extended six months by Montenegrin courtA Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He faces…
Prosecutors withdraw 5 charges against Sam Bankman-Fried to ensure trial proceeds on scheduleDisgraced FTX founder Sam Bankman-Fried’s attempt to strike some of the accusations from his charge sheet may have backfired after prosecutors requested the court “sever” five of the newer charges from the case. New York federal prosecutors made the request in a letter addressed to presiding Judge Lewis Kaplan filed on June 15. The withdrawn…
Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scamsMarathon Digital Holdings has issued a public warning about fraudulent activities conducted under its brand name, disclosing in a June 15 press release that it had detected a series of fraudulent websites, apps, and communications falsely claiming to be associated with Marathon. According to Marathon, such fraudulent activities include deceptive communications by individuals pretending to be…
Nigeria SEC declares Binance operations in country illegalThe Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
OECD introduces tax reporting framework for crypto industryOECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tankingChicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase
Ethereum futures liquidations soar to 1-month high on OKXThe number of ethereum (ETH) futures contracts liquidated by OKX, a crypto trading platform, is at a 1-month high
DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 millionBlockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows
Binance CEO comments on rumors behind crypto market volatilityChangpeng Zhao, the Binance CEO, has commented on recent comments attempting to explain rapid crypto price movements following SEC's lawsuit
AI pioneers, SingularityNET and InQubeta, can be game-changersInQubeta and SingularityNET are AI pioneers and crypto analysts are confident they can be game-changers. The QUBE presale is ongoing and has raised over $340,000
Republican Senator Wants to Freeze AI Data Center Boom as Congress Pushes to Expand It NewSenator Josh Hawley wants a nationwide construction pause until households are protected from rising power bills, even as Congress advances legislation designed to accelerate America's already massive AI infrastructure buildout.
North Korea Stole $400 Million in Crypto Using Deepfake Video Calls, DOJ Says NewThe FBI says the “FaceStealer” scheme uses prerecorded footage and AI deepfakes of trusted contacts to trick crypto workers into installing malware on video calls—as the DOJ also moves to seize $1.2 billion from the Binance hack.
Strategy Made $19.5 Billion in Profit. So Why Is MSCI Removing It From Stock Indexes? NewMichael Saylor’s Bitcoin giant is being excluded from major investment benchmarks, raising questions about what qualifies as a business—and whether the decision could slow its Bitcoin buying.
Why the Path to Quantum Resistance Runs Uphill for Bitcoin Wallet Makers NewTrezor CTO Tomáš Sušánka explains the trade-offs of Bitcoin’s leading post-quantum signature scheme.
Who Is Colette Kress, Jensen Huang’s Successor as Nvidia CEO? NewNvidia’s longtime finance chief inherits its first leadership transition in 33 years, bringing decades of technology experience and Wall Street credibility to a company facing a very public leadership test.
Nvidia, AMD, Broadcom: The AI Stock Winners and Losers After Jensen Huang’s Ousting NewNvidia shares tumbled after Jensen Huang’s exit, while AMD and Broadcom climbed and Nvidia-backed CoreWeave sank. Here's how the AI trade is shaping up.
Illinois Crypto Tax Draws Unlikely Alliance of DOJ, Banks and DeFi NewThe DOJ, the U.S. Chamber of Commerce, SIFMA and a crypto coalition led by a16z, Paradigm and Uniswap filed briefs backing a lawsuit to strike down the state’s 0.2% levy on digital asset transactions.
Dexalot Launches First Central Limit Order Book Subnet on Avalanche with $1M+ in IncentivesDexalot’s novel infrastructure enables users to access a decentralized trading protocol with a centralized exchange experience.Dexalot, a decentralized cryptocurrency exchange has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and…
Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized…Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized Finance MarketIntainMARKETS’ Subnet Facilitates Efficient, Cost Effective, and Transparent End-to-End Asset Issuance, Investment, and Administration.Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to…
Avalanche Explorer Gets a Brand New Upgrade for All P-Chain DataThe new tool pulls up-to-the-second data on validators, rewards, Subnets, and more.Ava Labs has launched a brand new explorer for Avalanche’s P-Chain, providing deeper visibility into all P-Chain activities from staking to granular transaction details. As one of three main chains in Avalanche’s Primary Network, the P-Chain maintains validators and empowers builders to launch Subnets. The…
Avalanche Park X Ed Balloon Concert Series to Launch in DTLA in February with Emerging NFT ArtistsThe inaugural event offers a new way to experience music through Web3, giving fans NFT-gated access benefits and digitally stamping music on Avalanche.On February 23 in Downtown Los Angeles, the Avalanche Park x Ed Balloon concert series will open with a show at WisdomeLA, an immersive art and entertainment park that has geodesic domes with…
Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on AvalancheThe Chainstack Dev plans to run his own dApp on the VM once production-ready, ideally on an Avalanche Subnet.The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.He needed a blockchain with leading speed, decentralization, and flexibility. He needed the…
Kalshi Ends Donald Trump Jr Advisory Role After Polymarket DealTLDR: Donald Trump Jr’s advisory contract with Kalshi ended after 1789 Capital’s investment in Polymarket, which the exchange identified as the reason for the mutual split. Kalshi said the agreement was mutual and credited Trump Jr with helping it reach more customers, while denying that political considerations drove the decision. Reuters reported discussions began in…
Dogecoin Whales Buy 1.8B DOGE as DogeOS Prepares Mainnet LaunchTLDR: Crypto commentator DogeGod reported that large holders bought 1.8B DOGE worth about $122M, but the Dogecoin claim lacks wallet and transaction details. DOGE traded near $0.06694, down 1.43% in 24 hours and 5.72% in seven days, with nearby support between $0.0660 and $0.0670. Trader Tardigrade says a neckline break could support a short-term move,…
South Korea Crypto Exchanges May Freeze Withdrawals on Hack FearsTLDR: Crypto exchanges in South Korea could suspend deposits and withdrawals when hacking is suspected under a planned FSC measure. The FSC plans a no-action letter for preventive suspensions but has not detailed the conditions, time limit or issue date. GOPAX halted trading and standard withdrawals on Nov. 6 after a hacking threat, though it…
XRP Price Risks $0.90 Test That Could Delay Rally for MonthsTLDR: XRP price sits near $1 after losing the $1.086 and $1.091 Fibonacci levels, leaving $0.9855 as the chart’s immediate reversal area. A double bottom around $1 would preserve CasiTrades’ bullish wave count, but a fresh low near $0.90 could require another Wave 1 and Wave 2. Analyst CasiTrades says a move to $0.90 could…
Republican Senator Wants to Freeze AI Data Center Boom as Congress Pushes to Expand ItSenator Josh Hawley wants a nationwide construction pause until households are protected from rising power bills, even as Congress advances legislation designed to accelerate America's already massive AI infrastructure buildout.
Here’s what happened in crypto todayNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
North Korea Stole $400 Million in Crypto Using Deepfake Video Calls, DOJ SaysThe FBI says the “FaceStealer” scheme uses prerecorded footage and AI deepfakes of trusted contacts to trick crypto workers into installing malware on video calls—as the DOJ also moves to seize $1.2 billion from the Binance hack.