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Crypto News Aggregator (Page 59)

Canaan earnings show Q1 revenue collapse as record BTC and ETH treasury nears $148M
Canaan reported a significant Q1 revenue decline while maintaining a record cryptocurrency treasury worth approximately $148 million.
China’s Offshore Trading Crackdown Could Unleash a New Wave of Crypto Capital Flight
China's crackdown on major offshore brokers may drive restricted mainland investors toward crypto, particularly USDT, for capital flight.
XRP Ledger Activity Surges, But What Is Stopping Price Breakout?
The XRP Ledger recorded 4,300 new wallets in 24 hours, yet the price remains constrained by significant overhead resistance near $1.40.
Germany’s Finance Committee Rejects Bid to End Crypto Tax Exemption
Germany’s Finance Committee has rejected a Green Party proposal to eliminate the current one-year tax exemption for cryptocurrency holdings.
Bitcoin left behind in the geopolitical melee
Bitcoin price remains stagnant as investors prioritize geopolitical tensions and AI-driven stock market growth over cryptocurrency assets.
Over 50,000 South Koreans Sign Petition to Block 2027 Crypto Tax
A South Korean petition seeking to cancel a planned 22% cryptocurrency tax has secured over 50,000 signatures, moving it to legislative review.
Polymarket Seeks Japan Entry Amid Global Scrutiny: Report
Polymarket is planning to enter the Japanese market by 2030, despite facing significant domestic gambling regulations and global scrutiny.
SpaceX IPO filing gives crypto investors a new way to price Bitcoin exposure, X payments, and AI compute
SpaceX's IPO filing offers crypto investors new insights into Bitcoin holdings, X's payment roadmap, and the competitive AI infrastructure landscape.
Ark Invest buys $12.5 million of Bullish stock in four days
Ark Invest purchased $12.5 million in Bullish shares over four consecutive days, capitalizing on a recent downturn in crypto equity prices.
Crypto majors stuck in tight range as altcoin rotation picks up steam
Bitcoin and Ether are trading in narrow ranges, while investors shift capital toward specific altcoin sectors like AI and platform tokens.
Polymarket-Linked UMA Adapter Exploited For at Least $520K
Polymarket confirmed an exploit involving a compromised private key, emphasizing that core infrastructure and user funds remain secure despite over $600,000 in losses.
Ripple’s Ex-CTO Switched His Profile Picture to an XRPL Meme Coin
Ripple’s David Schwartz faces criticism after changing his social media profile picture to an image of an XRPL meme coin named FUZZY.
ERA Wallet Closed the Blind Signing Gap That Has Cost DeFi Billions
ERA Wallet introduces ERA Lens technology to translate complex DeFi transaction data into human-readable details, preventing blind signing risks.
ZachXBT flags $520K Polymarket exploit on Polygon, team says funds are safe
Blockchain investigator ZachXBT reported a $520,000 exploit on Polymarket, though developers confirmed user funds and core smart contracts remain secure.
Verus Bridge Hacker Returns $8.5M ETH, Keeps $2.8M as Bounty
An attacker returned $8.5 million in ETH to the Verus bridge after the team offered a $2.8 million bounty for the stolen funds.
‘No longer a distant place’: F2Pool Co-founder Chun Wang joins SpaceX’s 2-year mission to Mars
F2Pool co-founder Chun Wang will join SpaceX for a two-year crewed mission involving a fly-by of Mars.
3 Altcoins To Watch This Weekend | May 23 – 24
BeInCrypto identifies Ondo Finance, Hyperliquid, and Zcash as altcoins to watch due to strong institutional activity and bullish technical chart patterns.
ZachXBT flags suspected exploit involving Polymarket’s UMA adapter contract on Polygon
On-chain investigator ZachXBT reported a suspected exploit of Polymarket’s UMA adapter contract on Polygon, resulting in approximately $520,000 in drained funds.
Europe’s 37-bank stablecoin push tests whether on-chain finance defaults to euros or dollars
A 37-bank European consortium, Qivalis, is launching a euro-denominated stablecoin to challenge the dominance of US dollar-backed assets in on-chain finance.
Near Protocol to automate its own growth and its token is skyrocketing
Near Protocol's upcoming dynamic resharding upgrade will automate network scaling, causing its native token price to surge significantly.
Polymarket aims for prediction market approval in Japan by 2030
Polymarket is lobbying for regulatory approval to operate its prediction market platform in Japan by 2030.
ZachXBT Flags Polymarket Smart-Contract Exploit With $520,000 in Losses
On-chain investigator ZachXBT has alerted the community to a $520,000 exploit involving the UMA CTF Adapter smart contract on Polymarket.
Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
The Verus bridge exploiter returned 4,052 ETH to the project, keeping $2.8 million as a bounty per a negotiated agreement.
Bitcoin implied volatility drops to 7 month low despite macro risks
Bitcoin's implied volatility has hit a seven-month low as market participants anticipate calmer price action despite ongoing geopolitical and macroeconomic concerns.
Bitcoin Posts a Record 90-day Comeback as Analyst Questions BTC Bear Market
Bitcoin has achieved a historic 90-day uptrend, leading analysts to suggest the current price action reflects a bull market rally rather than a bear market.
Polymarket Reportedly Targets Tokyo Approval by 2030 in Japan Lobbying Effort
Polymarket is reportedly hiring local leadership to lobby for regulatory approval of its prediction market platform in Japan by 2030.
Investor Demand for S&P 500 Downside Protection Plummets 75% Since March
Investor appetite for S&P 500 hedging has collapsed by 75% since March, signaling increased market confidence and a shift toward risk-on assets like Bitcoin.
$725 Million in Ethereum (ETH) Just Left Whale Wallets: The Timing Is Suspicious
Large Ethereum whale outflows and bearish technical patterns suggest potential downside risk despite accumulation from long-term holders.
IHC Executes $30M DDSC Stablecoin Transfer on ADI Chain
International Holding Company completed a $30 million transaction using the DDSC stablecoin on the institutional-grade ADI Chain in the UAE.
Hamilton ETFs Proposes Leveraged Bitcoin Covered-Call ETF
Hamilton ETFs has filed for a new leveraged, actively managed Bitcoin ETF in Canada designed to generate income through 0DTE options.
Tokenized stocks risk liquidity and revenue fragmentation: Research
Tiger Research warns that the SEC's tokenized stock listing exemptions could cause market inefficiencies through liquidity and revenue fragmentation.
Novogratz Appears in Court Over Failed BitGo Deal: Report
Mike Novogratz and Mike Belshe appeared in court regarding a dispute over Galaxy Digital’s terminated $1.2 billion acquisition of BitGo.
XRP ETFs attract inflows amid wallet surge. bitcoin, ether funds struggle.
XRP-linked funds are seeing increased inflows and wallet growth, while Bitcoin and Ether products face significant capital outflows.
SEC’s Peirce Clarifies Tokenized Stock Exemption
SEC Commissioner Hester Peirce cautioned that any potential exemption for tokenized stocks will likely be limited in scope and exclude synthetic tokens.
Polymarket eyes Japan market entry, appoints regional representative: Bloomberg
Polymarket has appointed a representative in Japan and is seeking regulatory approval to operate its prediction market platform in the country by 2030.
South Korea to review scrapping crypto tax plan after national petition hits 50,000 signatures
South Korean lawmakers will review a petition to repeal a planned crypto tax after it reached 50,000 signatures.
Why do Bitcoin traders care so much about the 200-day moving average?
Bitcoin recently faced rejection at the 200-day moving average, signaling continued market weakness and a lack of strong institutional conviction.
Trump Media’s Bitcoin Stash Shrinks Again as 2,650 BTC Lands on Crypto.com
Trump Media & Technology Group transferred 2,650 BTC to Crypto.com, further reducing its holdings amid significant unrealized losses on its Bitcoin investment.
Coinbase Premium Hits Monthly Low on Institutional Selling
The Coinbase premium has hit a monthly low of -0.0983%, signaling increased institutional selling pressure compared to retail activity on Binance.
Bitcoin Pizza Day 2026 Arrived Over $300 Million Lighter Than Last Year
The value of the 10,000 BTC used for the original Bitcoin Pizza Day purchase dropped significantly to $777.87 million this year.
Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave
Bitcoin hovers around $77,700 as analysts view recent volatility as a leverage flush rather than a major trend reversal.
Blockchain.com Tests a Cold IPO Market After Kraken, Ledger Paused
Blockchain.com has confidentially filed for an IPO, entering a cautious market as competitors like Kraken and Ledger pause their own public offering plans.
India cracks down on prediction markets: Polymarket goes dark, Kalshi could be next
India has blocked access to decentralized betting platform Polymarket, with Kalshi potentially facing similar regulatory action under strict local anti-gambling laws.
Sandbox Co-founder’s Wife Targeted in Crypto Wrench Attack
Two suspects were arrested after attempting to kidnap the wife of The Sandbox co-founder Sébastien Borget in a failed crypto-related wrench attack.
Everclear and ZERO Network Shutdowns Add to Growing List of 2026 DeFi Closures
Everclear and ZERO Network are the latest DeFi projects to shut down, reflecting a broader trend of consolidation in the 2026 crypto market.
California Governor Acts on AI Workforce Disruption as Silicon Valley Sheds 114,000 Jobs
California Governor Gavin Newsom signed an executive order to protect workers from AI-driven economic displacement as Silicon Valley job losses mount.
US Lawmakers Introduce New Bitcoin Reserve Bill
US lawmakers have introduced the American Reserve Modernization Act to establish a strategic Bitcoin reserve and manage federal digital asset holdings.
5 Crypto Companies Shutter This Week in Market Slump
Five cryptocurrency companies have announced closures or bankruptcy this week, citing market downturns, insufficient revenue, and a lack of durable product-market fit.
Ark Invest buys another $5 million in Bullish shares as stock slides 3%
Ark Invest purchased $5 million in Bullish shares across three ETFs as the crypto exchange's stock price experienced a recent decline.
Ethereum Layer 2 Zero Network to wind down, joining string of protocols shuttering operations
Zerion is shutting down its Zero Network to refocus resources on its core wallet and API products.
Crypto Leverage Still Down 50% After October’s Black Friday Crash, CoinGecko Shows
CoinGecko reports that total crypto open interest remains over 50% below its October 2025 peak following a major market liquidation event.
Bitcoin Eyes $80K as $4B in Short Liquidations Comes Into Focus
Bitcoin shows potential for an $80,000 rally as $4 billion in leveraged short positions face liquidation risk.
Can Nvidia Extend Its AI-Driven Rally After New All-Time High?
Nvidia stock reached record highs, driven by AI demand in China, though technical indicators suggest potential short-term consolidation before further growth.
Galaxy’s Novogratz and BitGo face off in court over $100 million claim: Bloomberg
Galaxy Digital and BitGo have begun a court battle over a $100 million termination fee following a collapsed $1.2 billion acquisition deal.
US Regulators Move on Prediction Markets With ETF Pause and NHL Pact
US regulators are pausing event contract ETFs and collaborating with the NHL to increase oversight of burgeoning prediction market activities.
Bitcoin Longs Rise As Traders Aim For Rally To $82K
Professional Bitcoin traders are increasing bullish positions, reinforcing the $76,000 support level despite persistent macroeconomic headwinds and ETF outflows.
Harvard Offloads Entire $87M ETH Position
Harvard Management Company liquidated its $87 million stake in BlackRock’s Ethereum ETF after holding the position for only one quarter.
Cardano’s Science Coin Identity at Risk as Charles Hoskinson Warns of Research Collapse
Charles Hoskinson warned that Cardano risks losing its core research lab if a 32.9 million ADA funding proposal is rejected by voters.
Coinbase introduces thematic perps tracking China, AI and US national security equity indexes
Coinbase is launching perpetual-style equity index futures tracking AI, national security, and Chinese market sectors starting June 8.
10 Surprising Facts About Elon Musk’s $1 Trillion SpaceX IPO
SpaceX filed for a massive IPO incorporating xAI and X, featuring ambitious goals for Mars colonization and unprecedented compute-sharing agreements.
Mark Cuban Sells Most of His Bitcoin, Calls It a Failed Hedge
Billionaire Mark Cuban has sold most of his Bitcoin, arguing it failed to serve as an effective hedge against economic and geopolitical instability.
Crypto PAC Backed by Anchorage and Chainlink Announces Endorsements for 2026 Midterms
The Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink, has endorsed ten candidates for the 2026 US midterm elections to promote digital asset policy.
Binance Launches Pre-IPO Futures Product Tied to SpaceX IPO
Binance has introduced perpetual futures contracts allowing users to speculate on the valuation of companies like SpaceX before they go public.
World Liberty Financial rebound gives dormant WLFI holders an exit as AI Financial warns of survival risk
World Liberty Financial's token recovery provides an exit for dormant holders, while AI Financial faces severe liquidity issues and going-concern risks.
US-Iran Peace Deal Rumors Send Stocks Up $500 Billion as Oil Price Crashes
Reports of a potential US-Iran peace deal caused a $500 billion surge in US stocks and a decline in oil prices.
Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert
AmericanFortress has developed a post-quantum signature scheme designed to protect dormant and active Bitcoin holdings from future quantum computing threats.
US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash
Lawmakers have introduced the American Reserve Modernization Act to consolidate federal Bitcoin holdings into a secure, 20-year strategic reserve.
Petition Against South Korea's 22% Crypto Tax Hits 50K Threshold
A South Korean petition against a proposed 22% crypto tax has reached 50,000 signatures, requiring a formal parliamentary review.
Former EF developer Dankrad Feist suggests $1 billion raise to form new Ethereum advocacy group
Former developer Dankrad Feist proposes creating a new $1 billion Ethereum-focused organization to improve accountability and boost the network's value.
CFTC Signs MOU with National Hockey League over Prediction Markets
The CFTC signed an MOU with the NHL to safeguard the integrity of professional hockey within prediction markets like Polymarket and Kalshi.