The U.S. Treasury’s Office of Foreign Assets Control has added several Kyrgyzstan-based companies to its sanctions list over their involvement with a ruble-backed stablecoin called A7A5. Authorities accuse the firms, including A7 LLC, Old Vector, and subsidiaries like A7 Agent, of helping Russia sidestep economic restrictions tied to its...

BtcTurk, one of Turkey’s largest cryptocurrency exchanges, has suffered a $48 million hack that targeted its hot wallets. The company initially paused crypto deposits and withdrawals, though fiat trading and lira transactions remained online. What started as a vague “technical issue” was quickly revealed to be something far more...

A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle....

Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt. Lummis Pushes For BITCOIN Act, Schiff Disagrees In an X post, Lummis agreed with Treasury Secretary Scott Bessent, who said that...

Shares of Circle Internet Group (NASDAQ: CRCL) faced a pull back following the release of its latest quarterly results, despite the company reporting substantial growth in key metrics. Over the past year, the supply of USD Coin (USDC) in circulation expanded to $61.3 billion, marking a 90% increase. Revenue,...

SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion at recent price levels. SpaceX Moves...

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Hong Kong begins its...

Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.09% $118,590.95 Ethereum (CRYPTO: ETH)                -2.85% $4,608.59 XRP (CRYPTO: XRP)                          -6.60% $3.09 Solana (CRYPTO: SOL)                          -5.02% $193.61 Dogecoin (CRYPTO: DOGE)                          -8.64% $0.2253 Crypto Liquidations Hit...

A device surprises with its hidden features! From basic readouts to cumulative hash rates, it reveals an impressive uptime. What happens when the bottom button is clicked? The screen goes dark, but the mining continues… #tech #mining #gadgets #crypto #innovation...

Justin Sun, the controversial crypto billionaire and founder of the Tron (TRX) blockchain, has ignited a new legal dispute by filing a lawsuit against media company giant Bloomberg on Monday.  The lawsuit, submitted in Delaware, accuses Bloomberg of “improperly” disclosing sensitive financial information about Sun’s cryptocurrency holdings in a...