Markets took a double hit on Thursday. Oil spiked to $88 on geopolitical drama. Then a brutal jobs report kicked risk assets while they were already on the floor. Bitcoin dropped 3.7% to around $69K. Ethereum slid 4.2%, falling below the $2K mark. Solana took the worst beating among majors, down 5% to roughly $85….
Crypto ATMs are increasingly being exploited by scammers and illicit actors, according to a new report from the U.S. Department of the Treasury submitted to Congress under the GENIUS Act. Summary The US Treasury warned that crypto ATMs are increasingly being used in scams, with reported losses reaching $246.7 million in 2024. The agency also…
A busy week lies ahead with all eyes on oil prices and key inflation reports due on the United States economic calendar. Crypto markets saw another red Monday morning as digital assets erased last week’s gains and returned to their sideways channel. The only thing going up at the moment is oil prices, with…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Bitcoin has struggled to muster a sustained upward climb over the last few weeks, with the latest one failing around the $74,000 mark in the past week. However, the premier cryptocurrency seems to have deeper problems than failed price…
Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges. Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets…
Binance has published a formal rebuttal to US Senator Richard Blumenthal, pushing back against what the crypto exchange describes as false and defamatory claims in recent media coverage that prompted a congressional inquiry into its sanctions compliance program. The letter, issued on March 6, addressed to the ranking member of the Senate Permanent Subcommittee on…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Tokenization reaching Wall Street is a headline. Building compliant, liquid, enforceable on-chain markets is the real test. Without infrastructure, issuance is just digitization. Summary Issuance isn’t innovation: Tokenizing equities is a milestone,…
The new hardware is expected to add about 3.05 exahash per second (EH/s) of mining power when deployed at the company’s site in Drumheller. American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A popular crypto analyst on the social media platform X has shared a buy-and-hold strategy for Bitcoin, which could potentially yield over 250% gain in the near future. BTC Price To Bottom Out Around $49,000? In a recent post on the X…
Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated on Sunday that the firm is buying more BTC, as the price hovers near the $66,000 level. “The Second Century Begins,” Saylor said on X, as he shared the Strategy BTC accumulation chart that has become synonymous with impending BTC purchases. Strategy’s most recent…
