China’s Ministry of State Security has alerted the public that some foreign firms are using cryptocurrency token giveaways to collect people’s iris scans. Officials warn that sensitive eye data is sent overseas, posing a threat to both personal privacy and national security. They urge citizens to avoid sharing biometric details for token rewards, as stolen …
The Smarter Web Company (SWC) has launched “Smarter Convert,” a $21 million, interest-free Bitcoin-denominated convertible bond fully subscribed by institutional investor TOBAM. The bond offers 98% downside protection if unconverted after 12 months and converts into equity at a 10% premium to the £1.95 reference share price. A forced conversion occurs if shares trade over …
Tom Lee, co-founder of Fundstrat and chairman of BitMine, has chosen Ethereum over Bitcoin as his top crypto bet for the current market cycle. Speaking on the “Coin Stories” podcast, Lee highlighted Ethereum’s growing institutional adoption, technical reliability, and rapid stablecoin growth. He described ETH as the “biggest macro trade” ahead, comparing its rise to …
Binance CEO Changpeng Zhao has filed a motion to dismiss the FTX estate’s $1.76 billion clawback lawsuit. He argues the Delaware court lacks jurisdiction, citing his UAE residency and the offshore nature of the transactions. The lawsuit stems from a 2021 share buyback between FTX and Binance, which FTX claims was fraudulent. Zhao’s legal team …
James Howells, known for losing a hard drive containing 8,000 Bitcoin in a Newport landfill, has officially ended his 12-year excavation effort after repeated legal and council obstacles. Following the decision to stop physical recovery attempts, Howells is now shifting his focus to the crypto space by launching a new DeFi token inspired by his …
On August 5, US spot ETFs recorded significant movements: Bitcoin saw a net outflow of 1,710 BTC (valued at $196 million), while Ethereum ETFs experienced net inflows of 19,710 ETH ($73 million). BlackRock’s spot Ethereum ETF stood out, purchasing 23,870 ETH worth $88.8 million. These contrasting flows suggest shifting investor sentiment, with interest moving toward …
Tether CEO Paolo Ardoino shared that USDT now makes up 40% of all on-chain transaction fees across nine blockchains, including Ethereum, Tron, Solana, and more. Hundreds of millions in emerging markets use USDT daily to shield themselves from inflation and currency devaluation. Ardoino emphasized that blockchains offering lower gas fees and allowing payments in USDT …
Last week marked the first net outflow from cryptocurrency ETFs in 15 weeks. This week continues to show outflows, reflecting a “buy the rumor, sell the news” trend following the signing of long-anticipated crypto legislation into law. Investors appear to be adjusting positions after the market responded to regulatory clarity, signaling cautious sentiment in the …
Indonesia’s Vice President’s office recently invited prominent Bitcoin advocates to discuss the potential of adopting Bitcoin as a national reserve asset. This initiative reflects Indonesia’s growing interest in digital currencies and consideration of how Bitcoin could play a role in strengthening the country’s financial reserves. As more nations explore cryptocurrency integration, Indonesia’s engagement highlights the …
The Royal Government of Bhutan has moved 517 BTC, valued at $59.23 million, to a new cryptocurrency wallet. Reports suggest that the funds are likely headed to Binance, one of the world’s largest crypto exchanges. This significant transaction highlights Bhutan’s ongoing involvement in the crypto market and adds to the growing trend of governments and …
Capital B has announced the purchase of 62 BTC for around €6.2 million, bringing its total Bitcoin holdings to 2,075 BTC. The firm has also recorded a striking BTC yield of 1,446.3% year-to-date. This shows Capital B’s growing confidence in Bitcoin as an asset, and highlights the significant returns gained in the current market. The …
David Carvalho, CEO of cybersecurity firm Naoris Protocol and former hacker, warns that quantum computing and AI could break Bitcoin’s cryptography. He says advanced quantum machines may crack Bitcoin’s encryption, risking up to 30% of all Bitcoin held at exposed addresses. Carvalho highlights the danger of attackers collecting encrypted transactions now to decrypt later and …
Saylor’s Strategy has rapidly added 376,571 BTC, worth $43.2 billion, to its portfolio since Trump’s election, making up 60% of its total Bitcoin stash in just nine months. This major accumulation underscores strong confidence in Bitcoin and marks a record pace for institutional investment in crypto. The move highlights a shift toward embracing digital assets …
Major Bitcoin ($BTC) investors, known as whales, are moving large amounts of BTC to exchanges, causing the Exchange Whale Ratio to jump to 0.7. This trend often signals that big players may be taking profits or preparing for possible price swings. Despite this shift, long-term Bitcoin holders still keep control of 67% of the total …
The Base network faced an anomaly where the latest block stayed at height 33,792,704, with no new blocks produced for 19 minutes. OKLink also detected this issue. The Base blockchain’s official status page later confirmed the abnormal block halt was fixed at 14:44 (UTC+8). The network team is now keeping a close watch to ensure …
Acting CFTC Chair Caroline D. Pham has introduced a new initiative to enable spot crypto asset contracts to be listed on CFTC-registered designated contract markets (DCMs). This step is intended to clarify how retail crypto trading can take place using leverage, margin, or financing under current laws. The initiative aims to improve regulatory transparency and …
Acting CFTC Chair Caroline D. Pham has introduced a new initiative to enable spot crypto asset contracts to be listed on CFTC-registered designated contract markets (DCMs). This step is intended to clarify how retail crypto trading can take place using leverage, margin, or financing under current laws. The initiative aims to improve regulatory transparency and …
BitMine, led by Tom Lee, has announced that it now holds more than 833,000 ETH valued at $2.9 billion, making it the largest Ethereum treasury globally. Over the past 35 days, BitMine (BMNR) aggressively grew its ETH reserves with a goal to control 5% of the total supply and generate yield through staking. Backed by …
Tesla’s board has approved a new pay package for CEO Elon Musk, granting him 96 million shares valued at about $30 billion. The decision comes after Musk hinted he might leave the company if not awarded more stock. The new deal is designed to keep Musk leading the company as it expands its electric vehicle …
DeFi platform CrediX has suffered a major exploit after a hacker was added as a multisig admin and bridge controller six days ago. The attacker used their access to mint collateral and borrow large amounts, draining the project’s liquidity pool. In response, CrediX disabled its website to prevent any new deposits. This comes after CrediX …
The global stablecoin market, featuring major cryptocurrencies such as USDT, USDC, and PYUSD, has expanded by $61 billion since the beginning of 2025. The total stablecoin supply now exceeds $260 billion, driven by growing demand for digital assets and enhanced regulatory clarity from initiatives like the GENIUS Act in the US and MiCA in Europe. …
Sequans has expanded its Bitcoin portfolio by acquiring an additional 85 BTC for roughly $10 million, bringing its total holdings to 3,157 BTC. This move highlights Sequans’ ongoing confidence in Bitcoin’s future and its strategy to increase digital asset reserves. As more companies invest in cryptocurrency, Sequans strengthens its position in the growing digital finance …
Swedish public company H100 has successfully raised $2.2 million to further expand its Bitcoin portfolio. This new funding shows H100’s growing belief in the potential of Bitcoin as a key asset. By increasing its exposure to digital currency, H100 joins the trend of Swedish firms embracing cryptocurrencies. With the crypto market expanding rapidly, H100’s strategic …
Ethena’s USDe stablecoin has experienced remarkable growth, with its supply surging 75% over the past month to reach $9.3 billion. This impressive expansion has pushed USDe past FDUSD to become the third-largest stablecoin by market capitalization, trailing only USDT and USDC. Meanwhile, Ethena has also climbed to become the sixth-largest DeFi protocol by total value …
Capital B has teamed up with the TOBAM Bitcoin Alpha Fund to raise €11.5 million, planning to use the funds to buy 160 more BTC. This purchase will increase Capital B’s total Bitcoin holdings to 2,173 BTC. The partnership highlights both companies’ growing commitment to cryptocurrency and their strategy to build larger positions in the …
Former UK Chancellor George Osborne has warned that Britain is falling behind in the global crypto race due to the Labour government’s overly cautious approach. He compared the current shift in digital finance to the 1980s “Big Bang” reforms and urged swift action to stay competitive with the US, EU, and Asia. Osborne, who now …
India now holds 1 million BTC, which is 5.1% of all Bitcoins currently in circulation. With this major milestone, India moves up to second place worldwide in terms of Bitcoin holdings. The achievement highlights the growing interest and strong presence of the country’s investors in the cryptocurrency market. As Bitcoin continues to gain acceptance, India’s …
Metaplanet has increased its investment in Bitcoin by purchasing an additional 463 BTC, spending $53.7 million on the recent acquisition. With this new addition, the company’s total Bitcoin holdings now stand at 17,595 BTC. The move highlights Metaplanet’s strong commitment to cryptocurrency as part of its investment strategy and demonstrates its confidence in Bitcoin’s long-term …
A statue honoring Bitcoin’s creator, Satoshi Nakamoto, was stolen in Lugano, Switzerland, raising alarm in the crypto community. Symbolizing Bitcoin’s anonymity, the statue mysteriously disappeared, prompting organizers at SatoshiGallery to offer a 0.1 BTC reward for any helpful information. It was later found broken near the Lugano waterfront. While the thief remains unknown, the incident …
Tether, the world’s biggest stablecoin issuer, minted $6 billion worth of USDT in July 2025, ramping up the token supply at a record pace. The surge comes as demand for stablecoins grows, with crypto investors and exchanges seeking more liquidity for trading. While Tether states all new USDT is fully backed, the rapid expansion has …