China

Truebit token crashes 99.9% after hacker drains $26.6 million in ether

The Truebit token plummeted by 99.9% following a significant security breach where a hacker stole $26.6 million worth of ether. The incident has raised concerns about the platform's security measures and the overall stability of the Truebit ecosystem. In response to the hack, the Truebit team is investigating the breach and working to enhance their security protocols. The drastic drop in token value has left investors anxious about the future of the project.

Read the full article: CoinDesk

Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

According to a report by Chainalysis, Iran's cryptocurrency economy is projected to reach $7.8 billion by 2025, driven largely by increased Bitcoin usage amid ongoing protests in the country. The report highlights that the political unrest has led to a surge in demand for cryptocurrencies as a

DTCC aiming to make all 1.4 million securities in its custody digitally eligible

The Depository Trust & Clearing Corporation (DTCC) is working towards making all 1.4 million securities in its custody digitally eligible for settlement. This initiative aims to enhance efficiency and reduce risks in the securities market by leveraging digital technologies. The DTCC plans to implement this transformation over the next

Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties

Democratic lawmakers have criticized the U.S. Securities and Exchange Commission (SEC) for its recent regulatory actions against cryptocurrency, arguing that the agency's approach is hindering innovation in the sector. The criticism intensified following allegations linking crypto entrepreneur Justin Sun to the Chinese government, raising concerns about foreign

Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers

Coinbase CEO Brian Armstrong announced that the company opposed a proposed crypto bill aimed at consumer protection, arguing it could stifle innovation in the industry. Armstrong emphasized that while consumer protection is important, the bill's provisions could hinder the development of new technologies and services. He expressed concerns

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Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

DTCC aiming to make all 1.4 million securities in its custody digitally eligible

Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties

Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers