Tag: Crypto

Russia is thinking of using the confiscated cryptocurrency in criminal proceedings “for the benefit of the state.” The country may move forward with plans to establish a government cryptocurrency fund using assets confiscated from criminal proceedings. On 20 March 2025, Evgeny Masharov, a member of the Russian Federation’s Public...

The US Securities and Exchange Commission (SEC) has officially ruled that proof-of-work (PoW) cryptocurrency mining does not constitute securities trading under US law. Importantly, the SEC has clarified that Bitcoin, Litecoin, and Dogecoin are treated as commodities rather than securities. According to a 21 March 2025 SEC statement, “It...

An RWA (real-world asset) platform built on Ethereum has suffered a malicious attack resulting in a loss of $8.85 million. Zoth, which is a self-described ‘RWAFi’ platform, had already been hacked once this month. Security experts believe this latest hack happened as the result of a compromised deployer wallet...

Leading U.S. crypto exchange Coinbase (COIN) is in advanced acquisition talks with leading global crypto derivatives exchange Deribit, reports Bloomberg. According to the story, the companies have notified Dubai regulators (where Deribit is licensed) about the discussions. Bloomberg earlier this year — alongside rumors that Kraken was discussing an...

Bitcoin’s (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin’s price below $87,500. Although the upside is currently restricted, select analysts believe that...

After nearly collapsing during the last crypto downturn, digital asset lending is making a comeback, with a new generation of lenders re-entering the market. What Happened: Both traditional financial institutions and blockchain-native companies are reintroducing capital to meet the growing need for liquidity and leverage within the sector, Bloomberg...

The Trump administration is proposing a revamp of the U.S. Agency for International Development (USAID) that could see blockchain technology implemented to improve how foreign aid is tracked and allocated. What Happened: According to a document circulating within diplomatic circles, officials are advocating for blockchain to underpin a new...

The German Federal Financial Supervisory Authority, BaFin, has ordered Ethena GmbH to stop all public sales of its stablecoin USDe. This comes after the German financial markets regulator found serious flaws in Ethena GmbH’s USDe approval process. Per the BaFin…...

Litecoin price has crashed into a bear market this year, and technicals suggest that it has more downside to go even as whale activity increases. Litecoin (LTC) was trading at $93.80 on Friday, down 36% from its highest level this…...

Senator Cynthia Lummis’ plan to buy one million Bitcoins has met with remarkable market indifference. Despite the unprecedented scale of the proposal, Bitcoin’s price has been lackluster. This lack of reaction speaks volumes about investor skepticism. Senator Lummis’ proposal would make the U.S. one of Bitcoin’s largest holders. The...