Stay ahead in the fast-moving world of cryptocurrency with our up-to-date global news coverage. From Bitcoin and Ethereum to DeFi, NFTs, and blockchain innovation, we deliver the latest market trends, expert insights, and key developments shaping the crypto industry. Get the news you need to make informed decisions — all in one place.
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US prosecutors are urging a judge to reject Sam Bankman-Fried's request for a retrial following his conviction on fraud charges related to the collapse of FTX. They argue that the evidence presented during the trial was overwhelming and that Bankman-Fried's claims of unfair trial conditions are
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Utah is moving to block prediction markets, which allow users to bet on future events, amid increasing tensions between state and federal regulations. The state's proposed legislation aims to classify these markets as illegal gambling, despite their growing popularity and potential for innovation. This decision comes as federal
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Hackers have taken control of the Bonk.fun domain and are using it to deploy a phishing prompt aimed at draining users' cryptocurrency wallets. The malicious site mimics the legitimate Bonk.fun platform, tricking users into entering sensitive information. Security experts warn that unsuspecting users could lose their funds
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XRP is currently stabilizing around the $1.38 mark, with technical indicators suggesting a potential breakout. The Bollinger Bands are experiencing a squeeze, which often precedes significant price movements. Market participants are closely watching for any developments ahead of the upcoming Consumer Price Index (CPI) release. This economic data could
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The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have reached an agreement to enhance coordination on cryptocurrency regulations and oversight. This pact aims to streamline regulatory efforts and address the complexities of the evolving crypto market. Both agencies will collaborate on rule-making and
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Crypto code commits have decreased by 75% as developers shift their focus to artificial intelligence projects. This significant decline indicates a potential slowdown in the cryptocurrency sector, as fewer developers are contributing to blockchain-related initiatives. The trend reflects a broader industry movement towards AI, which is attracting talent and resources
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Metaplanet has announced a $25 million investment plan to enhance its Bitcoin strategy, alongside the launch of a new venture arm. This initiative aims to support innovative projects within the Bitcoin ecosystem and expand the company's involvement in the cryptocurrency space. The investment will focus on startups and
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Across's acx token surged 80%, significantly outperforming Bitcoin, following the announcement of plans to eliminate its decentralized autonomous organization (DAO) structure. This move aims to streamline decision-making and enhance operational efficiency. The market reacted positively, reflecting investor confidence in the potential benefits of this strategic shift. As a
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Kalshi, a prediction market platform, has filed a preemptive lawsuit against the state of Iowa, alleging that the state may take enforcement action against its operations. The company argues that its services do not violate Iowa's gambling laws and seeks a court declaration to clarify its legal standing.
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New Zealand's financial regulator has determined that the NZDD stablecoin does not qualify as a financial product under the country's laws. This decision means that the NZDD will not be subject to the same regulatory requirements as traditional financial products. The ruling is significant for the
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Bitcoin has maintained its price around $70,000, demonstrating resilience and relative strength compared to traditional assets like stocks, the software sector, and gold. Analysts note that this stability may indicate growing investor confidence in cryptocurrency as a viable alternative investment. The ongoing interest in Bitcoin is attributed to its
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Ripple has initiated a share buyback program, valuing the company at $50 billion, according to Bloomberg. This move comes as Ripple continues to expand its operations and strengthen its market position. The buyback is part of Ripple's strategy to enhance shareholder value amid ongoing developments in the cryptocurrency