A recently unsealed legal complaint alleges that Digital Currency Group (DCG) executives disregarded repeated risk warnings while mismanaging subsidiary Genesis’s escalating debt crisis, resulting in significant governance failures and public deception. Internal documents cited in the complaint indicate DCG leadership… Read More »Unsealed Complaint Reveals DCG Executives Ignored Warnings Amid Genesis Debt Crisis
Trump Media and Technology Group Corp has taken steps to introduce a novel exchange-traded fund (ETF) offering exposure to the two largest cryptocurrencies. The company submitted a Form 19b-4 to the U.S. Securities and Exchange Commission seeking approval to list… Read More »Trump Media Files with SEC for Dual-Cryptocurrency ETF on NYSE Arca
Bitcoin, Ethereum, and XRP experienced significant price surges, propelled by heightened geopolitical tensions and substantial institutional capital inflows. Bitcoin climbed 8% to $106,500, Ethereum surged nearly 14% to $2,450, and XRP jumped 9.2% to $2.15. Market analysts attribute this momentum… Read More »Major Cryptocurrencies Surge on Geopolitical Tensions and Robust Institutional Inflows
Legislation introduced in Ohio aims to authorize state funds to invest in cryptocurrencies, including Bitcoin, representing a significant step toward state-level adoption. House Bill 18, sponsored by Representative Steve Demetriou, specifically permits designated state funds to allocate capital into digital… Read More »Ohio Bill Proposes State Investment in Bitcoin and Cryptocurrencies
A cryptocurrency address marked by blockchain investigators as belonging to the ‘Cork Protocol Exploiter 2’ entity has conducted significant transactions, drawing attention within the crypto community. The identified wallet transferred 4,520 Ether (ETH), valued approximately at $11 million based on… Read More »Illuminated Cork Exploiter Address Sends Millions to Tornado Cash, Donates to Legal Fund
Litecoin’s MimbleWimble Extension Block (MWEB) privacy layer has surpassed 150,000 LTC locked, marking a significant milestone in adoption. The volume demonstrates growing utilization of MWEB for enhanced transaction privacy and scalability across the network. Operating as an opt-in extension block,… Read More »Litecoin’s MWEB Privacy Layer Hits Record 150,000 LTC Locked Amid Ecosystem Expansion Plans
Unverified rumors regarding a potential partnership between Mastercard and blockchain oracle provider Chainlink have surfaced, underscoring the risks posed by unsubstantiated information circulating within the digital asset market. Citing unnamed sources, reports suggested a collaboration between the payment giant and… Read More »Mastercard Denies Unverified Rumors of Chainlink Partnership
Arizona’s HB2324 bill awaits Governor Katie Hobbs’ signature to authorize state custody of seized digital assets, establishing a pioneering framework without permitting new acquisitions. The legislation could standardize how confiscated cryptocurrencies are managed nationwide, marking a milestone in governmental handling… Read More »Arizona Bitcoin Custody Bill HB2324 Awaits Governor’s Decision, Sets State Precedent
Arizona legislators have passed House Bill 2324, proposing the creation of a state Bitcoin and Digital Assets Reserve Fund. The measure received approval in the House of Representatives by a 34-22 vote and narrowly cleared the Senate in a 16-14… Read More »Arizona Advances Bill to Create Bitcoin Reserve Fund from Seized Digital Assets
The Cardano Foundation announced a strategic reallocation of $100 million worth of its native ADA token reserves into Bitcoin and stablecoins. This move aims to bolster decentralized finance (DeFi) activity within the Cardano ecosystem by leveraging the market prominence of… Read More »Cardano Foundation Diversifies Reserves with $100 Million Shift to Bitcoin and Stablecoins to Boost DeFi
Historical trials in nascent technologies, particularly early digital currencies and robotic companions, have significantly shaped the development of contemporary innovations like Central Bank Digital Currencies (CBDCs) and advanced smart devices. Initial attempts at digital money in the 1990s, including Finland’s… Read More »Early Tech Stumbles Paved Way for Modern Cryptocurrency and Smart Device Innovation
A prominent cryptocurrency whale has moved 4,148 Ethereum tokens worth approximately $10.08 million to the Coinbase exchange. The transaction was swiftly followed by a withdrawal of 9.1 million USDT from the platform, indicating a probable liquidation of the transferred ETH… Read More »Major Ethereum Whale Executes $10 Million Liquidation on Coinbase
CME Group’s newly launched XRP and Micro XRP futures have surpassed $542 million in trading volume since their introduction, reflecting substantial institutional confidence in the derivatives product. A notable 45% of this volume originated from markets outside the United States,… Read More »CME Group’s XRP Futures Draw $542M Volume Amid Global Institutional Demand
Newton Protocol’s NEWT token suffered a near 40% price decline within hours of its debut on Binance Alpha, starkly contrasting initial investor expectations following its recent airdrop. The sharp drop has intensified focus on the token’s technical fundamentals and ecosystem… Read More »Newton Protocol’s NEWT Token Tumbles 40% Post-Airdrop Amid Critical Support Test
Legislation introduced in Arizona, House Bill HB2324, seeks to establish a dedicated Bitcoin reserve fund within the state’s financial system. The bill mandates that this reserve be funded exclusively using Bitcoin seized by authorities through lawful forfeiture actions, placing a… Read More »Arizona Bill HB2324 Proposes Bitcoin Reserve Fund Using Seized Assets
Cryptocurrency entity ProCap BTC has announced plans to become a publicly-traded company through a merger with special purpose acquisition company (SPAC) Columbus Circle Capital Corp I. The transaction aims to create a Nasdaq-listed firm specifically centered on Bitcoin. The merger… Read More »ProCap BTC Announces Nasdaq Listing via $750M SPAC Merger with Columbus Circle Capital
SharpLink Gaming’s shares surged over 7% after revealing strategic expansion of its cryptocurrency assets. The company acquired 12,207 Ether at an average price of $2,513 per ETH, boosting its total Ethereum holdings to 188,000 tokens valued at approximately $457.4 million.… Read More »SharpLink Gaming Stock Surges 7% Amid Major Ethereum Holdings Expansion
Arbitrum’s ecosystem is experiencing substantial growth in protocol revenue and total value locked (TVL), propelled by significant adoption of tokenized real-world assets (RWAs) and competitive DeFi protocols, even amidst market volatility. The Ethereum scaling layer generated $1.43 million in weekly… Read More »Arbitrum Witnesses Robust Revenue and TVL Growth Fueled by Tokenized Assets and DeFi
Leading cryptocurrency exchange Binance will remove the KAITO/BNB, KAITO/BRL, and ZIL/BTC spot trading pairs effective June 27, 2025, at 11:00 (UTC+8). This action is part of Binance’s ongoing strategy to optimize its trading platform. The exchange encourages users to actively… Read More »Binance Announces Delisting of KAITO/BNB, KAITO/BRL, and ZIL/BTC Trading Pairs
MicroStrategy’s potential inclusion in the S&P 500 index faces a critical price dependency, requiring Bitcoin to hold above $95,240 through June 30. The technology firm’s accounting methodology now reflects Bitcoin holdings at fair market value, making its S&P 500 eligibility directly contingent… Read More »MicroStrategy’s S&P 500 Eligibility Hinges on Bitcoin Maintaining $95k Threshold