Olga Kharif Bloomberg
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How The Trump Family Is Going All-In On Crypto Projects
Donald Trump is already the richest person to have ever become US president, and his non-crypto holdings include significant investments in real estate.
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
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Trumps Memecoin Can Now Be Used to Buy Watches and Sneakers
Donald Trump's memecoin had a total market cap of $5.4 billion on Tuesday afternoon in New York.
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US President Donald Trump Signs Executive Actions Related to Crypto, AI
The crypto order creates a working group to advise the White House on digital asset policies and will include the involvement of key federal agencies, like the Treasury Department, Justice Department, Securities and Exchange Commission and the Commodity Futures Trading Commission.
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US President-Elect Donald Trump Said to Plan Elevation of Cryptocurrency as a National Priority
The order is expected to name crypto as a national imperative or priority — strategic wording intended to guide government agencies to work with the industry, according to people familiar with the matter.
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Banks Want In on Tether’s Billions in Stablecoin Profits
Traditional banks are seemingly taking efforts to experiment with stablecoins after Tether boasted of billions in profits. Earlier this year, Societe Generale - Forge made its Euro-backed stablecoin. Oddo BHF SCA and London-based Revolut are also working on stablecoins.
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Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
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Crypto Fraud Increased 45 Percent in 2023 to $5.6 Billion, FBI Says
The FBI Internet Crime Complaint Center received nearly 69,500 complaints from consumers in the US and abroad last year. Call center frauds, such as government impersonation scams, accounted for about 10 percent of cryptocurrency losses.
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Ethereum's Dencun Upgrade Expected to Dramatically Lower Costs for Layer 2 Blockchains
Using the world’s most commercially successful blockchain ecosystem is about to get much cheaper after the latest software upgrade of the Ethereum network. The upgrade is being hailed as the most significant change in Ethereum ecosystem’s end user experience ever — and it will be much more noticeable to consumers than the well-known September...
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Binance Removes US CEO, Fires Over 100 Employees Amid Crypto Crackdown
Binance US Chief Executive Officer Brian Shroder has left the crypto trading platform and been replaced on an interim basis by Chief Legal Officer Norman Reed, according to a company spokesperson.
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Panic Across Crypto Markets Spreading As Bitcoin Dives 70%
For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Now panic is spreading across this universe - and that same ethos is posing what may be the biggest threat yet to its survival.
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Why Margin Calls And Bot Liquidations Are Roiling Crypto
Its a vicious circle long familiar to those in traditional finance: trades made with borrowed money coming apart when the value of their collateral put up against the loans drops, forcing liquidations that in turn push prices down further.
-
Ethereum's 'Difficulty Bomb' Delay Is Bad News For Revamp
Ethereum's big transition to a more energy efficient system that developers have been promising for years could be kicked down the road yet again as they plan to delay a so-called difficulty bomb that's designed to slowly boot miners off the blockchain.
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DAI Emerges As King Of Decentralized Stablecoins After Terra's Collapse
The decentralized DAI stablecoin, has surged about 40% in value over the past week in the wake of the collapse of the algorithmic stablecoin TerraUSD that shook cryptocurrency markets.
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Is TerraUSD's Collapse, The Death Of A Major Blockchain?
The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just as noteworthy: the death of a major blockchain.
-
How The Trump Family Is Going All-In On Crypto Projects
Donald Trump is already the richest person to have ever become US president, and his non-crypto holdings include significant investments in real estate.
-
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
-
Trumps Memecoin Can Now Be Used to Buy Watches and Sneakers
Donald Trump's memecoin had a total market cap of $5.4 billion on Tuesday afternoon in New York.
-
US President Donald Trump Signs Executive Actions Related to Crypto, AI
The crypto order creates a working group to advise the White House on digital asset policies and will include the involvement of key federal agencies, like the Treasury Department, Justice Department, Securities and Exchange Commission and the Commodity Futures Trading Commission.
-
US President-Elect Donald Trump Said to Plan Elevation of Cryptocurrency as a National Priority
The order is expected to name crypto as a national imperative or priority — strategic wording intended to guide government agencies to work with the industry, according to people familiar with the matter.
-
Banks Want In on Tether’s Billions in Stablecoin Profits
Traditional banks are seemingly taking efforts to experiment with stablecoins after Tether boasted of billions in profits. Earlier this year, Societe Generale - Forge made its Euro-backed stablecoin. Oddo BHF SCA and London-based Revolut are also working on stablecoins.
-
Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
-
Crypto Fraud Increased 45 Percent in 2023 to $5.6 Billion, FBI Says
The FBI Internet Crime Complaint Center received nearly 69,500 complaints from consumers in the US and abroad last year. Call center frauds, such as government impersonation scams, accounted for about 10 percent of cryptocurrency losses.
-
Ethereum's Dencun Upgrade Expected to Dramatically Lower Costs for Layer 2 Blockchains
Using the world’s most commercially successful blockchain ecosystem is about to get much cheaper after the latest software upgrade of the Ethereum network. The upgrade is being hailed as the most significant change in Ethereum ecosystem’s end user experience ever — and it will be much more noticeable to consumers than the well-known September...
-
Binance Removes US CEO, Fires Over 100 Employees Amid Crypto Crackdown
Binance US Chief Executive Officer Brian Shroder has left the crypto trading platform and been replaced on an interim basis by Chief Legal Officer Norman Reed, according to a company spokesperson.
-
Panic Across Crypto Markets Spreading As Bitcoin Dives 70%
For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Now panic is spreading across this universe - and that same ethos is posing what may be the biggest threat yet to its survival.
-
Why Margin Calls And Bot Liquidations Are Roiling Crypto
Its a vicious circle long familiar to those in traditional finance: trades made with borrowed money coming apart when the value of their collateral put up against the loans drops, forcing liquidations that in turn push prices down further.
-
Ethereum's 'Difficulty Bomb' Delay Is Bad News For Revamp
Ethereum's big transition to a more energy efficient system that developers have been promising for years could be kicked down the road yet again as they plan to delay a so-called difficulty bomb that's designed to slowly boot miners off the blockchain.
-
DAI Emerges As King Of Decentralized Stablecoins After Terra's Collapse
The decentralized DAI stablecoin, has surged about 40% in value over the past week in the wake of the collapse of the algorithmic stablecoin TerraUSD that shook cryptocurrency markets.
-
Is TerraUSD's Collapse, The Death Of A Major Blockchain?
The crypto world has been riveted by the rapid collapse of the TerraUSD stablecoin. But its implosion may bring about something just as noteworthy: the death of a major blockchain.
