Key Takeaways Alibaba’s Ant Group and JD.com have stopped their stablecoin projects due to instructions from Beijing. These projects focused on yuan-based digital assets developed by major technology firms in China. Share this article Chinese tech giants, including Alibaba’s Ant Group and JD.com, have halted their stablecoin development projects following direct intervention from Beijing, according…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While crypto has already changed the way we trade and invest, it’s now starting to challenge the way we organize, and that’s what decentralized autonomous organizations, or DAOs, are about. Summary Despite…
In just one year, Hyperliquid skyrocketed from $2.4 million to $41 million in fees. Blockchain charts have evolved dramatically over the past year. Currently, the space is being dominated by Hyperliquid. Meanwhile, traditional heavyweights like Bitcoin, Ethereum, and Solana are falling behind fast. Hyperliquid Leads the Pack CryptoRank’s latest data found a striking reshuffling…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a recent report, the United Kingdom tax authority has sent out tens of thousands of “nudge letters” to individuals suspected of owing or underreporting taxes on their crypto asset gains. This move reflects the increased tax scrutiny of cryptocurrency investors…
The Bitcoin (BTC) mining difficulty fell to 146.7 trillion on Friday as the network hashrate, the average of the total computing power dedicated to securing the decentralized protocol, hit an all-time high of over 1.2 trillion hashes per second. BTC mining difficulty is down by about 2.7% from the all-time high difficulty level of over…
Key Takeaways A North Carolina resident lost $3 million in XRP due to a hack of his Ellipal hardware wallet. Stolen XRP was dispersed across hundreds of wallets to obscure the trail, highlighting self-custody risks. Share this article A retired man claims he lost his entire crypto savings after his Ellipal cold wallet was hacked…
The crypto market had a mixed performance last week as Bitcoin and most altcoins retreated, and some, like Bittensor, Ethena, Morpho, and Conflux jumped. Summary One of the top crypto market news stories will be the upcoming US inflation report. Delegations from China and the US will meet in Malaysia to deliberate on trade. A…
Analyst Doctor Profit is warning of a 10-year fractal pointing to a new bear phase possibly lasting until 2026. Bitcoin is struggling to hold on to the $107,000 level after a brutal sell-off that wiped out billions and sent it down to a multi-week low of just under $104,000. It has put many in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BitMine’s large buy and a string of public warnings have left markets watching Ethereum closely this week. Big moves were made during the sell-off, and firms and investors are now weighing whether those buys mean confidence or simply a bet on a…
Key points: Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis. Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations. Altcoin futures show just how traders have lost out since the last bear market bottom. Bitcoin (BTC) teased…
