In 2025, crypto scam losses reached a record $17 billion, driven largely by the rise of artificial intelligence and impersonation schemes, according to Chainalysis. The report highlights that scammers increasingly used AI tools to create convincing fake identities and messages, making it easier to deceive victims. Phishing attacks and fraudulent
Robinhood CEO Vlad Tenev has warned that advancements in artificial intelligence (AI) could lead to a "job singularity," where a significant number of jobs are rendered obsolete. He emphasized that while AI has the potential to enhance productivity, it may also create widespread unemployment if not managed properly.
Coinbase has withdrawn its support for a significant cryptocurrency bill aimed at establishing a regulatory framework for the industry. This decision comes amid concerns over the bill's provisions, which Coinbase believes could stifle innovation and impose excessive regulations. The move has raised alarms among industry advocates who fear
X has implemented stricter controls on its Grok image generation feature after facing international backlash over the potential misuse of AI-generated content. The platform received criticism for allowing users to create misleading or harmful images, prompting concerns from various stakeholders, including governments and advocacy groups. In response, X has introduced
A new bettor on Polymarket has wagered $40,000 on the likelihood of the U.S. striking Iran tonight. This significant bet highlights growing concerns and speculation surrounding geopolitical tensions between the two nations. Polymarket, a prediction market platform, allows users to place bets on various events, and this particular
The Senate Banking Committee has canceled a scheduled markup session intended to discuss and potentially advance legislation related to the structure of the cryptocurrency market. This decision comes amid ongoing debates about regulatory frameworks for digital assets. The cancellation reflects the complexities and divisions within Congress regarding how to effectively
The Sui blockchain experienced a six-hour outage that halted all transactions, causing disruptions for users and developers. The issue was identified and resolved by the Sui team, who implemented fixes to restore functionality. During the downtime, the network's validators worked to ensure the integrity of the blockchain. Following
Coinbase has announced that it will withdraw its support for a proposed cryptocurrency bill, stating that it prefers having no legislation at all rather than endorsing a "bad bill." The company expressed concerns that the current version of the bill could hinder innovation and impose excessive regulations on
Senator Cynthia Lummis indicated that a market structure bill for cryptocurrency regulation is likely to face delays. She expressed concerns about the bill's timing and the need for further discussions among lawmakers. Lummis emphasized the importance of creating a comprehensive framework to ensure investor protection and market integrity.
Bitcoin miners are experiencing a significant surge as Bitcoin approaches the $100,000 mark. Companies like Strategy and BitMine are capitalizing on this momentum, with increased investments and operational expansions. The rise in Bitcoin's price has led to heightened interest in mining activities, driving up demand for mining
A recent analysis reveals that over 50% of all cryptocurrency tokens have failed, with the majority of these failures occurring in 2025. The report highlights that many of the defunct tokens were launched during the crypto boom, often lacking solid fundamentals or real-world utility. Factors contributing to their demise include
Sui's blockchain network experienced a significant outage lasting six hours due to a "network stall." The issue arose on October 5, 2023, affecting the platform's operations and user transactions. Developers worked quickly to resolve the problem, and the network was restored shortly after. Following
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Coinbase has withdrawn its support for a bipartisan bill aimed at establishing a regulatory framework for the cryptocurrency market. The bill, which sought to clarify the roles of the SEC and CFTC in overseeing digital assets, faced criticism from various industry stakeholders. Coinbase's decision comes amid ongoing debates
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Coinbase has announced that it will withdraw its support for a bipartisan crypto regulation bill just before a crucial Senate vote. The bill aimed to provide a framework for digital asset regulation but faced criticism from various stakeholders, including industry advocates who felt it did not adequately protect consumer interests.
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Bitcoin and ether experienced significant price surges, leading to the liquidation of nearly $700 million in short positions. This sharp upward movement is described as a "mechanical" breakout, indicating a rapid shift in market dynamics. The increase in prices has caught many traders off guard, resulting in substantial
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Bitcoin has experienced a significant rally, driven by increased inflows into spot exchange-traded funds (ETFs), signaling growing institutional interest. Despite this surge, analysts suggest that the target price of $105,000 may be unrealistic in the near term. The current momentum is attributed to positive market sentiment and regulatory developments
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US Senate Republicans have expressed concerns that a proposed market structure bill does not align with the interests of the cryptocurrency industry. They argue that the legislation could impose excessive regulations that may hinder innovation and growth within the sector. The bill aims to establish clearer guidelines for digital asset
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On October 3, 2023, Bitcoin experienced a notable price surge, climbing above $30,000 for the first time in several months, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price rising alongside Bitcoin, as the overall cryptocurrency market capitalization reached a new high.
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Senate Banking Committee Chairman Sherrod Brown stated that an ethics conflict involving former President Donald Trump should not be included in a cryptocurrency bill he is working on. Brown emphasized that the legislation should focus on regulating the crypto industry rather than being sidetracked by political controversies. The bill aims
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The cryptocurrency market has seen a resurgence, with many assets turning green and experiencing significant price increases. Solana faced controversy as an intern allegedly manipulated the market, contributing to a 13% pump in its value. Additionally, Monero reached a new all-time high (ATH), reflecting growing interest and investment in privacy-focused
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Figure has launched a new trading platform for stock tokenization, aiming to capitalize on the growing interest in digital assets. The platform is backed by prominent firms BitGo and Jump, which enhances its credibility and security. Figure's initiative allows for the fractional ownership of stocks, making it more
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Ripple has obtained a significant license in Europe, allowing it to expand its operations and services within the region. This development comes as the price of XRP, Ripple's native cryptocurrency, has seen a notable increase. The new license is expected to enhance Ripple's compliance and regulatory
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A recent analysis reveals that over half of all cryptocurrency tokens have failed, with a significant number of these failures occurring in 2025. The report highlights that many of the defunct tokens were launched during the 2021 crypto boom, driven by speculative investments. Factors contributing to their demise include lack
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The Zcash Foundation announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the organization without taking any enforcement action. This decision comes after the SEC examined the foundation's activities and compliance with securities laws. The Zcash Foundation expressed relief and satisfaction with