Bankers Challenge White House on Stablecoin Yield Risks
The stablecoin yield issue continues to be a contentious point in the debate surrounding the Digital Asset Market Clarity Act, aimed at regulating U.S. crypto markets. Bankers have launched another…
Hyperbridge Breach Realizes April Fool’s Joke: Over 1 Billion Fake DOT Tokens Minted on Ethereum
A significant security lapse in Hyperbridge, the decentralized bridge linking Polkadot to Ethereum, resulted in an attacker minting 1 billion unauthorized DOT tokens. However, the hacker’s potential multimillion-dollar gain was…
Foundry Digital Expands into Zcash Mining with Industry-Leading Pool Launch
On Monday, Foundry Digital, the operator behind the globe’s largest Bitcoin mining pool, introduced its Foundry Zcash Pool. The new venture has already attracted several institutional mining customers and has…
Bitcoin Recovers as Weekend Anxiety Eases
Bitcoin’s decline that commenced Saturday night after Vice President J.D. Vance departed Pakistan without achieving an Iran peace agreement has temporarily subsided. The cryptocurrency dropped to a low of $70,500…
Record Ethereum Purchase by BitMine Immersion Technologies Led by Tom Lee
BitMine Immersion Technologies, a publicly traded entity specializing in Ethereum treasury management, executed the largest weekly purchase of ETH since December, acquiring 71,524 ETH valued at approximately $157 million. This…
ClearBank Secures MiCA Approval, Prepares to Offer Circle’s Stablecoins
ClearBank Europe is set to begin offering euro- and U.S. dollar-pegged stablecoins after becoming the first Dutch credit institution approved under the European Union’s Markets in Crypto Assets (MiCA) regulation…
Bitcoin Down Amid War Tensions and Persistent Selling; Morgan Stanley Aims High with New Strategies
In today’s financial landscape, Bitcoin has been impacted by both geopolitical tensions and selling pressure. Markets reacted negatively following the unsuccessful first round of Iran peace talks, exacerbated when Vice…
Tom Lee of Bitmine Labels Ether ‘Wartime Store of Value’ Amid Surge to $10.7 Billion Holdings
Bitmine Immersion Technologies (BMNR) now possesses 4.87 million ether valued at $10.7 billion, nearing its aim to hold 5% of the total ETH supply, as per a recent announcement that…
Legal Threats and Market Turmoil: WLFI in Crisis Following Token Scandal
World Liberty Financial (WLFI), a decentralized finance platform endorsed by Donald Trump, is embroiled in a crisis marked by a severe token price drop and public disputes involving Tron’s founder,…
Strategy Nears BlackRock’s ETF Holdings with $1 Billion BTC Purchase
Strategy disclosed on Monday that it invested $1 billion into Bitcoin last week, utilizing proceeds exclusively from its flagship preferred share to expand its holdings. In a statement, the firm…