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US Banks Face $482 Billion in Unrealized Losses, FDIC Warns

American banks are facing a sharp rise in unrealized losses, with the latest data from the Federal Deposit Insurance Corporation (FDIC) revealing a significant increase in the fourth quarter of 2024.

01.03.2025 21:00 1 min. read Alexander Stefanov

Citigroup Mistakenly Credits Customer With $81 Trillion in Payment Error

A routine transaction at Citigroup took an unexpected turn when a staggering $81 trillion was mistakenly added to a customer’s account instead of the intended $280.

01.03.2025 20:00 1 min. read Kosta Gushterov

Judge Dismisses SEC Lawsuit Against HEX Founder, But Legal Troubles Persist

A U.S. judge has dismissed the SEC’s lawsuit against Richard Heart, founder of Hex, ruling that the regulator lacked jurisdiction over his crypto dealings.

01.03.2025 16:00 1 min. read Alexander Stefanov

Changpeng Zhao Pledges Liquidity for BNB Chain Memecoins but Rejects Token Donations

Binance founder Changpeng Zhao (CZ) has pledged to personally provide liquidity for select projects participating in BNB Chain’s Memecoin Liquidity Support Program.

01.03.2025 15:00 1 min. read Kosta Gushterov

Trump to Lead White House Crypto Summit as U.S. Shapes Digital Finance Policy

The White House is set to host its first-ever cryptocurrency summit on March 7, with former President Donald Trump leading the event.

01.03.2025 14:00 2 min. read Alexander Zdravkov

Vitalik Buterin Calls for Better Wallet Solutions to Prevent Non-Theft Crypto Losses

As Ethereum prepares for its upcoming security updates, co-founder Vitalik Buterin is drawing attention to a growing issue within the crypto space: losses that aren’t related to theft.

01.03.2025 13:24 2 min. read Alexander Stefanov

Binance Founder Advises Investors to Scale Back Amid Crypto Market Volatility

Amid a turbulent period in the cryptocurrency market, Binance founder Changpeng Zhao (CZ) recently offered advice to stressed investors, suggesting they scale back their positions.

01.03.2025 12:17 1 min. read Alexander Stefanov

Trump’s Company Dives into the Metaverse and NFTs

The Trump Organization is preparing to make its mark in the digital space, with new filings indicating plans for a branded virtual world and NFT marketplace.

01.03.2025 11:00 1 min. read Kosta Gushterov

AI Hype Likely to Burst, Echoing Past Market Bubbles

Jeremy Grantham, co-founder of GMO, has raised alarms about the ongoing hype surrounding artificial intelligence (AI), drawing parallels to past speculative bubbles.

28.02.2025 21:00 2 min. read Alexander Stefanov

Germany’s DekaBank Rolls Out Crypto Trading and Custody Solutions

After nearly two years of development, German investment bank DekaBank has launched cryptocurrency trading and custody services for institutional clients, managing €377 billion ($395 billion) in assets.

28.02.2025 18:00 1 min. read Alexander Zdravkov

MetaMask Expands to Bitcoin and Solana, Aims to Eliminate Gas Fees

MetaMask is gearing up for a major upgrade in 2025, introducing new features aimed at expanding its reach and improving user experience.

28.02.2025 15:00 1 min. read Alexander Stefanov

SEC Drops Lawsuit Against Coinbase, Marking a Major Win for Crypto Industry

The U.S. Securities and Exchange Commission (SEC) has decided to drop its lawsuit against Coinbase Global Inc., which had accused the crypto exchange of breaching federal securities laws.

28.02.2025 12:00 1 min. read Kosta Gushterov

Consensys Triumphs as SEC Walks Away from Legal Fight

The SEC is set to dismiss its lawsuit against Consensys, marking a turning point in the regulatory battle over MetaMask’s compliance with securities laws.

28.02.2025 10:57 1 min. read Alexander Zdravkov

Ondo Finance Brings Tokenized Treasuries to Mastercard’s Blockchain Network

Ondo Finance is set to become the first company to introduce real-world assets to Mastercard’s Multi-Token Network (MTN).

28.02.2025 8:00 2 min. read Alexander Stefanov

Top Cryptocurrency Exchange BitMEX Reportedly Seeking Buyer

Crypto exchange BitMEX, once a dominant player in the derivatives market, is reportedly exploring a sale, according to sources familiar with the matter.

27.02.2025 20:54 1 min. read Alexander Stefanov

Memecoin Craze Over, DeFi and Stablecoins Could Be the Future – Bitwise CIO

The chief investment officer of Bitwise, Matt Hougan, recently shared his thoughts on the fading allure of memecoins and how the crypto market is in need of a new narrative.

27.02.2025 21:00 1 min. read Alexander Stefanov

SEC and Justin Sun Seek 60-Day Delay to Explore Settlement in Ongoing Legal Battle

The U.S. Securities and Exchange Commission (SEC) and Justin Sun are seeking a 60-day delay in their ongoing legal case, as both parties explore the possibility of a settlement.

27.02.2025 22:00 1 min. read Kosta Gushterov

SEC Closes Gemini Investigation Without Charges, Sparking Criticism from Winklevoss

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Gemini, the well-known cryptocurrency exchange, without pursuing any charges.

27.02.2025 19:00 1 min. read Alexander Stefanov

MARA Holdings Sees Strong Q4 Results, Shifts Strategy Toward AI Infrastructure

MARA Holdings is positioning itself to play a major role in the expanding AI sector, marking a shift from its Bitcoin mining focus.

27.02.2025 18:00 1 min. read Alexander Zdravkov

Here’s How Much the FTX Bankruptcy Case Has Cost in Legal Fees

The ongoing bankruptcy proceedings for FTX have already incurred close to $1 billion in legal fees, positioning it among the priciest cases in U.S. history.

27.02.2025 14:59 1 min. read Alexander Stefanov

Trump’s 25% EU Tariff Sparks Market Turmoil – Will Crypto Benefit?

Tensions are rising in global markets as the U.S. prepares to impose a 25% tariff on European imports, with the automotive sector taking the biggest hit.

27.02.2025 9:00 2 min. read Alexander Stefanov

Nvidia Rides AI Boom to Record Revenue, Eyes Strong 2025 Growth

Nvidia continues to dominate the AI hardware market, delivering fourth-quarter earnings that exceeded expectations and setting an optimistic outlook for the months ahead.

27.02.2025 8:00 2 min. read Alexander Zdravkov

Block Inc. in Talks with New York Regulators Over AML and Bitcoin Program Issues

Block Inc., the payments company led by Jack Dorsey, is working to resolve regulatory issues with New York authorities concerning its Anti-Money Laundering (AML) efforts and Bitcoin-related programs.

26.02.2025 19:00 1 min. read Alexander Zdravkov

Bank of America Considering Its Own Stablecoin, Says CEO

Bank of America is considering stepping into the stablecoin market with its own USD-backed digital asset, according to CEO Brian Moynihan.

26.02.2025 22:00 1 min. read Alexander Zdravkov

Top Economist Warns of a Major Risk for Michael Saylor’s Bitcoin Strategy

Peter Schiff, a prominent critic of Bitcoin, has identified large-scale withdrawals from Bitcoin exchange-traded funds (ETFs) as the biggest threat to Michael Saylor’s strategy.

26.02.2025 18:14 1 min. read Kosta Gushterov

Tether Defends USDT’s Role in Global Finance

Tether CEO Paolo Ardoino argues that USDT is a key force in maintaining the US dollar’s global dominance. 

26.02.2025 15:00 1 min. read Alexander Zdravkov

Bybit Fully Recovers from $1.5 Billion Hack, Restores Asset Backing and Withdrawal Services

Bybit’s CEO, Ben Zhou, has announced that the exchange has fully addressed the security breach that resulted in the theft of nearly $1.5 billion in Ethereum (ETH) and Lido Staked Ether (stETH) last week.

26.02.2025 12:01 1 min. read Alexander Stefanov

Venture Capitalists Call Current Crypto Dip a Typical Mid-Bull Market Correction

Venture capitalist Chris Burniske suggests that the current downturn in the digital asset market is a typical part of the cycle that occurs during bull runs.

26.02.2025 11:00 2 min. read Alexander Stefanov

MicroStrategy’s Bitcoin Bet Faces Growing Pressure Amid Market Uncertainty

MicroStrategy’s stock has fallen over 55%, raising concerns about whether the company could be forced to sell its substantial Bitcoin holdings, which total nearly 500,000 BTC worth $43.7 billion.

26.02.2025 10:00 1 min. read Alexander Stefanov

SEC Concludes Investigation Into Uniswap Without Pursuing Charges

U.S. Regulators have backed away from pursuing Uniswap Labs, marking the end of a three-year SEC investigation into the firm behind the top decentralized exchange.

26.02.2025 9:00 1 min. read Alexander Zdravkov

OKX Agrees to $500M Settlement Over U.S. Regulatory Violations

OKX’s affiliate, Aux Cayes FinTech Co. Ltd., has agreed to a settlement with U.S. authorities, committing to a payment of over $500 million.

25.02.2025 21:00 2 min. read Alexander Zdravkov

Binance Introduces Its 64th Launchpool Project with Upcoming Airdrop

Binance has introduced RedStone (RED) as the latest project on its Launchpool, marking its 64th addition.

25.02.2025 16:00 1 min. read Alexander Stefanov

Binance Backs Terra Luna Classic Upgrade – Is a LUNC Rally Ahead?

Terra Luna Classic (LUNC) is drawing renewed interest as Binance backs its latest network upgrade, fueling optimism despite a broader market downturn.

25.02.2025 15:00 1 min. read Alexander Zdravkov

Citadel Securities Plans Crypto Market Entry as Regulations Evolve

Citadel Securities, a major market-making firm based in Miami, is preparing to enter cryptocurrency trading, marking a significant shift in its strategy.

25.02.2025 11:00 2 min. read Alexander Zdravkov

Ripple vs. SEC: Legal Experts Predict Settlement Could Be Near

Legal analyst Jeremy Hogan has suggested that the long-running battle between Ripple and the SEC may conclude within the first half of the year.

24.02.2025 22:00 2 min. read Alexander Stefanov

Ethena Secures Major Investment to Build New Blockchain and iUSDe

Ethena Foundation has raised $100 million in a private token sale, finalized in December but only now surfacing.

24.02.2025 20:00 1 min. read Alexander Stefanov

SEC drops investigation against Robinhood

Robinhood announced that the US Securities and Exchange Commission (SEC) has formally ended its investigation.

24.02.2025 16:08 1 min. read Alexander Zdravkov

Key US economic data to come that could impact the crypto market

This week, several key US economic reports could influence the direction of crypto markets, which remain highly sensitive to broader macroeconomic trends.

24.02.2025 15:21 2 min. read Alexander Zdravkov

Chinese Crypto Leaders Step In to Support Bybit After Recent Hack

After a significant hack on Bybit that saw $1.5 billion in Ethereum stolen, several prominent figures in the Chinese crypto space have stepped in to assist the exchange by depositing ETH to boost its liquidity.

24.02.2025 10:00 1 min. read Alexander Stefanov

CryptoQuant’s CEO Explores Memecoins as Products of Collective Human Beliefs

Ki Young Ju, CEO of CryptoQuant, recently shared an intriguing perspective on memecoins, linking them to Carl Jung’s theory of the “collective unconscious.”

24.02.2025 9:00 1 min. read Alexander Stefanov

Arkham Intelligence to Launch Spot Crypto Trading in the U.S. Next Week

Arkham Intelligence, a crypto exchange and analytics company, is expanding its services to include spot crypto trading, set to launch in 17 U.S. states on March 1.

23.02.2025 17:00 1 min. read Alexander Zdravkov

Expert Predicts Stock Market Rally as Investors Hesitate at New Highs

Fundstrat’s head of research, Tom Lee, believes the US stock market is poised for further gains despite recent volatility.

23.02.2025 21:00 2 min. read Alexander Zdravkov

Here’s How Much Ether Bybit Has Recovered After Recent Hack

Following a major hack that targeted Bybit on February 21, the exchange has managed to recover a significant portion of its Ethereum reserves, bouncing back to nearly half of its pre-attack levels.

23.02.2025 19:00 1 min. read Alexander Zdravkov

Dogecoin Aims for Worldwide Adoption with New Strategic Partnerships

Timothy Stebbing, director of the Dogecoin Foundation, recently shared exciting insights into the plans for expanding Dogecoin’s global adoption.

23.02.2025 18:00 2 min. read Alexander Zdravkov

Changpeng Zhao Seeks Advice on Managing $1M in Unexpected Donations

Changpeng Zhao (CZ), the founder of Binance, recently reached out to the cryptocurrency community for guidance on how to manage over $1 million that had accumulated in a donation wallet address he once used.

23.02.2025 14:00 2 min. read Alexander Stefanov

Warren Buffett Warns of U.S. Dollar Risks, Reflects on Capitalism’s Future

Warren Buffett is raising concerns about the U.S. economy, warning that the dollar’s stability and purchasing power are vulnerable.

23.02.2025 11:00 1 min. read Kosta Gushterov

Russia Moves to Classify Crypto as Property in Criminal Cases

Russia is tightening its grip on cryptocurrency regulation, with the Supreme Court preparing to classify digital assets as property in criminal cases.

23.02.2025 10:00 2 min. read Alexander Zdravkov

Pi Network Pushes Back Against Bybit CEO’s Fraud Allegations

The team behind Pi Network has responded to recent remarks from Bybit CEO Ben Zhou, who dismissed the project’s legitimacy and ruled out a future listing on the exchange.

22.02.2025 21:00 1 min. read Alexander Stefanov

Bybit Offers Record Bounty to Recover Stolen $1.4 Billion

Bybit is taking an aggressive approach to recovering funds after suffering the largest exchange hack in crypto history.

22.02.2025 19:45 2 min. read Alexander Stefanov

Kraken and Crypto.com Move to Launch Stablecoins as EU Tightens Regulations

As Europe tightens regulations on stablecoins, major crypto exchanges Kraken and Crypto.com are developing their own digital assets to navigate the new legal landscape.

22.02.2025 17:00 2 min. read Alexander Stefanov

Binance and Bitget Step In to Support Bybit After $1.46 Billion Hack

Binance and Bitget have stepped in to help Bybit following a massive hack, transferring over 50,000 ETH to Bybit’s cold wallets.

22.02.2025 20:00 1 min. read Alexander Stefanov

SEC Drops Investigation Into OpenSea, No Action on NFTs

The SEC has officially closed its investigation into OpenSea, deciding not to pursue legal action or classify NFTs as securities.

22.02.2025 15:00 1 min. read Alexander Zdravkov

Robinhood’s Crypto Trading to Triple by 2026, Bernstein Analysts Predict

Robinhood’s cryptocurrency division is poised for substantial growth, with trading activity projected to surge over the next two years, according to a new analysis by Bernstein.

22.02.2025 11:00 2 min. read Kosta Gushterov

Binance CEO Warns of Risks, Defends Platform’s Fight Against Crypto Fraud

Binance’s CEO, Richard Teng, recently urged the crypto community to be more cautious with their investments, highlighting the importance of independent research.

21.02.2025 16:00 1 min. read Alexander Stefanov

MANTRA Unveils Program to Revolutionize Real-World Asset Tokenization

MANTRA has launched RWAccelerator, a new initiative designed to support Web3 founders by offering them resources such as funding, mentorship, and AI tools.

21.02.2025 17:00 2 min. read Alexander Stefanov

Coinbase CEO Announces SEC Case Dismissal, Calls It a Win for Crypto Industry

Coinbase CEO Brian Armstrong announced on X that the company has reached a deal with the SEC to dismiss its litigation, which is expected to be finalized next week.

21.02.2025 15:10 1 min. read Alexander Stefanov

Pi Network Is a Scam, Claims Bybit CEO Amid Controversy

Pi Network’s record-breaking airdrop has reignited controversy, with Bybit CEO Ben Zhou drawing attention to past warnings from Chinese authorities labeling the project a scam.

21.02.2025 9:00 1 min. read Alexander Zdravkov

Trump’s Gold Reserve Audit Proposal Energizes Prediction Markets

In a surprising turn of events, the chances of a Fort Knox gold audit happening by May 2025 have risen sharply following comments from President Donald Trump.

20.02.2025 21:00 2 min. read Alexander Stefanov

Kraken Faces Growing Regulatory Pressure from Authorities

Kraken saw a 39% rise in government data requests in 2024, with U.S. agencies leading the surge, according to its latest transparency report.

20.02.2025 19:00 1 min. read Kosta Gushterov

Vitalik Buterin Criticizes Crypto Industry’s Shift in Values

Vitalik Buterin has expressed disappointment over what he sees as a shift in values within the crypto industry, particularly in relation to Ethereum’s cautious stance on blockchain gambling.

20.02.2025 18:00 1 min. read Alexander Stefanov