An American Bitcoin mining company endorsed by former President Donald Trump has completed its first major cryptocurrency acquisition. The firm purchased $23 million worth of Bitcoin, marking its inaugural entry into direct digital asset ownership. This strategic move demonstrates the… Read More »Trump-Backed Bitcoin Mining Firm Acquires $23 Million in BTC
A lawsuit filed against Coinbase by cryptocurrency firm BiT Global concerning operations involving Wrapped Bitcoin (WBTC) has been formally dismissed by the court. The dismissal represents a significant legal triumph for the major cryptocurrency exchange, effectively terminating allegations linked to… Read More »Coinbase Secures Legal Victory as BiT Global’s Wrapped Bitcoin Lawsuit Dismissed
The U.S. Securities and Exchange Commission (SEC) has commenced formal proceedings regarding Bitwise Asset Management’s applications to launch spot Bitcoin and Ethereum exchange-traded funds (ETFs). This action signifies the regulator’s ongoing evaluation of cryptocurrency-based investment products entering the traditional financial… Read More »SEC Initiates Review Proceedings for Bitwise’s Bitcoin and Ethereum ETF Applications
A federal indictment unsealed against Iurii Gugnin alleges he laundered over $530 million using the Tether (USDT) stablecoin, raising significant concerns about vulnerabilities in cryptocurrency compliance systems. Prosecutors claim Gugnin utilized his company, Evita Investments, to move illicit funds for… Read More »U.S. Indictment Exposes $530M Tether Laundering Scheme, Highlights Crypto Compliance Gaps
A research paper titled “Tessel: An Optimized Compiler for Cryptographic Circuits” has been accepted for presentation at the upcoming SBC’25 blockchain conference. The study introduces compiler optimization techniques designed to improve cryptographic circuit efficiency, specifically targeting Bitcoin Thunderbolt’s on-chain verification… Read More »Tessel Cryptographic Compiler Research Accepted at SBC’25 to Enhance Bitcoin Thunderbolt
The Realized Cap for Bitcoin held by long-term investors has plunged 89%, dropping from $126 million to $13.6 million. This sharp decline indicates significantly reduced profit-taking activity among holders with over one-year investment horizons compared to late May. The Realized… Read More »Bitcoin Long-Term Holder Realized Cap Plummets 89% as Profit-Taking Activity Slows
A revised draft of the CLARITY Act, now including a controversial provision termed the ‘Gensler-era clause’, has sparked backlash within the digital asset industry for potentially reintroducing the very regulatory uncertainty it was designed to resolve. The U.S. House Financial… Read More »Controversy Erupts as Revised CLARITY Act Removes Token Exemptions, Empowers SEC Case-by-Case Reviews
Trump family-backed cryptocurrency venture American Bitcoin (ABTC) has accumulated over $23 million in Bitcoin reserves through its distinctive accumulation strategy. The company holds 215 BTC acquired via specialized mining operations, prioritizing long-term reserve growth over short-term revenue. ABTC operates 60,000… Read More »Trump-Backed American Bitcoin Builds $23M Reserve, Announces Merger with Gryphon Digital
BNB Chain has unveiled the Builder Bunker initiative in New York City, establishing a physical hub to foster offline collaboration among Web3 developers and entrepreneurs. The dedicated space provides resources including office facilities, technical advisory services, and interactive programming such… Read More »BNB Chain Launches Builder Bunker Hub in NYC to Support Web3 Entrepreneurs
The upcoming Bank of Japan (BoJ) policy meeting is drawing significant attention from cryptocurrency analysts, who anticipate its decisions could significantly influence Bitcoin’s price trajectory. Market participants are closely watching for potential adjustments to the BoJ’s bond purchase reduction plan.… Read More »Bank of Japan Policy Shift Could Catalyze Bitcoin Rally, Analysts Suggest
NEXPACE, the development team behind the MapleStory franchise, has announced plans to withdraw the NXPC/USDT liquidity pool from PancakeSwap V3. This action forms part of a strategic adjustment in their liquidity management approach. Temporary liquidity provision for the NXPC/USDT trading… Read More »NEXPACE to Withdraw NXPC/USDT Liquidity from PancakeSwap V3 as Part of Strategy Shift
A significant cryptocurrency investor, identified by the address ‘GybhvU’, has executed a major asset swap, selling approximately 31,968 Solana (SOL) tokens worth $5.16 million. The holder subsequently used the proceeds to acquire 1,866 Ethereum (ETH) tokens of equivalent value. This… Read More »Large Holder Executes $5.16 Million SOL-to-ETH Swap, Signaling Asset Allocation Shift
A major Ethereum investor has executed a significant profit-taking move by selling 30,000 ETH during a recent price surge, netting approximately $7.3 million in realized gains. The transaction highlights calculated exit strategies employed by large holders amid volatile cryptocurrency market… Read More »Ethereum Whale Secures $7.3 Million Profit in Strategic 30,000 ETH Sale
Prominent cryptocurrency trader Eugene Ng has emphasized Ethereum’s strong market momentum despite a recent stop-loss event, underscoring the critical role of disciplined risk management in volatile trading conditions. Ng recently initiated a long position on Ethereum with a stop-loss strategically… Read More »Trader Eugene Ng Highlights Ethereum Momentum and Risk Management After Stop-Loss Trigger
A major cryptocurrency investor has seen a $30 million investment in AAVE tokens appreciate to $86.48 million, highlighting extraordinary returns and deep confidence in decentralized finance infrastructure. The whale or institutional entity acquired 114,300 AAVE tokens at approximately $262 per… Read More »Whale’s $30M AAVE Investment Balloons to $86M, Signaling Strong DeFi Conviction
The recent collapse of LABUBU Coin, a cryptocurrency inspired by Pop Mart’s LABUBU IP, underscores significant dangers in speculative memecoin investments amid broader market volatility. The anonymously launched token plummeted 91.66% shortly after its initial surge, demonstrating extreme price instability… Read More »LABUBU Memecoin Crash Highlights Risks of Copycat Crypto Speculation
LayerZero has confirmed plans to reopen the referendum concerning the activation of its protocol fee switch. The vote is scheduled to commence on June 20. The upcoming referendum may include a proposal to reduce the quorum percentage required for the… Read More »LayerZero Announces Protocol Fee Switch Referendum Reopening
Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission (CFTC) indicates a pivotal move toward establishing clearer regulatory frameworks for Bitcoin and digital assets. His approach prioritizes structured oversight mechanisms to resolve jurisdictional ambiguities and define precise legal boundaries… Read More »Brian Quintenz Nomination Signals Shift Toward Structured Crypto Oversight at CFTC
A cryptocurrency whale has significantly expanded a 20x leveraged long position on Bitcoin through the Hyperliquid derivatives platform, now holding a nominal value exceeding 2817.58 BTC. The position currently shows unrealized profits surpassing $4.6 million. The leveraged bet carries an… Read More »Whale Builds $4.6M Profit in Massive 20x Leveraged Bitcoin Position on Hyperliquid
The UK Insolvency Service has appointed Andrew Small as its first dedicated Crypto Expert, a newly created role designed to address the complexities surrounding digital assets in insolvency and criminal proceedings. Andrew Small, a former police investigator, will leverage his… Read More »UK Insolvency Service Appoints First Dedicated Crypto Expert to Tackle Digital Asset Challenges