CZ Zhao Denies WSJ Report Linking Him to Trump-Affiliated Crypto Project Changpeng “CZ” Zhao, the co-founder and former CEO of Binance, is pushing back against a recent report in The Wall Street Journal (WSJ) that suggests he played a key role in facilitating deals for World Liberty Financial (WLF), a decentralized finance project with ties…
Bitcoin’s Wild Ride: New Highs and Overheating Concerns Bitcoin (BTC) has been making headlines again, hitting a new all-time high recently. But is the rally sustainable, or is the market getting overheated? This article breaks down the latest analysis and indicators to give you a clearer picture. On May 22, Bitcoin’s price reached $111,970, before…
Cetus Offers $6M Bounty After $220M Hack; Sui Faces Decentralization Debate The crypto world is buzzing after a major security breach on the Sui Network. Cetus, a decentralized exchange (DEX) native to Sui, experienced a significant exploit resulting in the theft of over $220 million in cryptocurrency. In response, Cetus has offered a substantial $6…
Hyperliquid Supports 24/7 Crypto Trading in Comments to CFTC The decentralized finance (DeFi) landscape is constantly evolving, and regulatory bodies are increasingly paying attention. Hyperliquid, a decentralized perpetuals exchange, has recently submitted comments to the United States Commodity Futures Trading Commission (CFTC) regarding 24/7 derivatives trading. This move highlights the ongoing dialogue between crypto platforms…
Bitcoin Bulls Stay Strong as Price Hits New Highs Bitcoin continues to show strong buyer interest as it reaches new all-time highs. Recent analysis indicates that this bullish trend may persist, driven by significant buyer dominance in the market. This contrasts with previous rallies, suggesting a potentially stronger foundation for continued growth in the crypto…
Tether’s Stance Against MiCA: A Detailed Look The crypto world is buzzing about Tether’s decision to not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulation. MiCA is a comprehensive attempt to regulate the crypto space, with a significant focus on stablecoins like Tether’s USDT. But why is Tether, a major player in the…
US Big Banks Eye Joint Crypto Stablecoin: A New Era for Digital Finance? The world of crypto is buzzing with news that some of the biggest banking institutions in the United States are in preliminary discussions about launching a joint crypto stablecoin. This move signals a growing interest in digital assets among traditional financial players,…
Fake Ledger Live Apps Target Crypto Users on macOS Cybercriminals are increasingly targeting cryptocurrency users, and a new threat has emerged for those using macOS. Hackers are distributing malware disguised as legitimate Ledger Live apps to steal seed phrases and drain crypto wallets. This review breaks down the details of this scam and how to…
Bitcoin Futures Open Interest Reaches Record High, Signaling Increased Market Speculation The Bitcoin market is currently buzzing with activity as futures open interest (OI) has surged to unprecedented levels. This indicates that traders are increasingly betting on Bitcoin’s future price, anticipating further gains. However, this also brings potential risks, as high leverage can lead to…
Trendspotting in Crypto: Finding the Next Big Thing The crypto market is a crowded and rapidly evolving space, but some investors consistently identify promising projects early on. These trendspotters understand on-chain data, tokenomics, and development activity, allowing them to spot opportunities before the hype sets in. This guide explores how to find crypto projects with…
Swedish Health Firm H100 Group Sees Stock Surge After Bitcoin Investment The world of cryptocurrency continues to intertwine with traditional markets, leading to some interesting developments. Recently, a Swedish health tech company and a Chinese electric vehicle retailer have made headlines with their forays into Bitcoin. This move has sparked significant market reactions, demonstrating the…
Crypto Perpetual Futures Could Soon Be Trading in the US, Says CFTC Commissioner The United States might soon see crypto perpetual futures trading on its soil. According to outgoing Commodities and Futures Trading Commission (CFTC) Commissioner Summer Mersinger, regulatory approval for these products could be just around the corner. As reported by Cointelegraph, Mersinger highlighted…
Man Sentenced to Six Years for Unlicensed Bitcoin Money Transmitting A Massachusetts man has been sentenced to six years in prison for running an unlicensed Bitcoin (BTC) money transmitting business. Trung Nguyen, from Danvers, was also ordered to forfeit $1.5 million. According to the U.S. Attorney’s Office in Boston, Nguyen operated a “no questions asked”…
Michigan Lawmakers Propose Crypto-Friendly Legislation Michigan is taking a significant step into the world of digital assets with a series of proposed bills aimed at integrating cryptocurrencies into the state’s financial landscape. These initiatives cover everything from allowing crypto investments in retirement funds to establishing a Bitcoin mining program using abandoned oil and gas sites….
American Tourist Loses $123K in Bitcoin After London Taxi Scam A U.S. tourist in London became the latest victim in a string of crypto-related crimes, losing a significant amount of Bitcoin after being drugged and robbed by a fake taxi driver. The incident highlights the increasing risks faced by crypto holders, as criminals target individuals…
US Senators Plan Amendment to Stablecoin Bill, Citing Trump’s Crypto Ties The United States Senate is currently debating the Guiding and Establishing National Innovation for US Stablecoins Act, also known as the GENIUS Act, aimed at regulating payment stablecoins. However, some high-ranking Democrats are planning to introduce an amendment to this bill due to concerns…
XRP’s Market Performance: Analyzing Recent Trends and Future Potential Despite some positive developments for XRP, the cryptocurrency has been underperforming compared to the broader market. This article examines the factors influencing XRP’s price and what could potentially trigger a rally. As reported by Cointelegraph, recent events have painted a mixed picture for XRP investors. Key…
Sui Validators Freeze Stolen Funds After $220M Cetus DEX Hack In the ever-volatile world of crypto, hacks and exploits are an unfortunate reality. Recently, Cetus, a decentralized exchange (DEX) built on the Sui blockchain, experienced a significant security breach. As reported by Cointelegraph, the incident resulted in the theft of over $220 million in user…
Solana (SOL) Eyes $260 Rally, But Caution Advised Solana (SOL) is showing signs of a potential rally toward $260, fueled by a promising bull flag pattern. However, analysts are urging caution due to low spot buy volumes. This analysis arrives as Bitcoin (BTC) has reached new all-time highs, leading to speculation about capital rotation into…
US Lawmaker Aims to Block Trump’s Crypto Activities with New Bill In a move to increase crypto regulation, California Representative Maxine Waters has announced plans to introduce a bill targeting former President Donald Trump’s involvement in the crypto space. The proposed legislation, named the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act…
