Cryptocurrency

Crypto Firms Go on $8 Billion Buying Spree in Record Week This week saw an unprecedented surge in crypto investments as major companies allocated billions to digital assets. An analysis of 16 corporate announcements revealed a staggering $7.8 billion either committed or already spent on cryptocurrency purchases. The buying frenzy highlights growing institutional confidence in […]

Ethereum Researcher Proposes Lean Network for Quantum Resistance A new proposal seeks to enhance Ethereum by making it faster, quantum-resistant, and less technically complex. The idea focuses on streamlining the layer-1 blockchain while preparing it for future threats posed by quantum computing. The proposal suggests simplifying Ethereum’s underlying architecture to improve efficiency without sacrificing security.

US SEC Launches Project Crypto to Update Rules for Digital Assets The US Securities and Exchange Commission has introduced a new initiative called Project Crypto, designed to modernize its approach to digital assets and align with the evolving financial landscape. The move comes as a response to recent policy recommendations from the White House, signaling

Bitcoin Surpasses Amazon to Become a Top-5 Global Asset Bitcoin’s remarkable rally in July has propelled its market capitalization to an astounding $2.4 trillion, allowing it to overtake corporate giants like Amazon, silver, and Alphabet. This milestone solidifies Bitcoin’s position as one of the world’s five most valuable assets, marking a significant moment in its

Corporate Crypto Treasury Holdings Surpass $100 Billion as Ether Investments Rise Crypto treasury companies are quickly becoming a major force in the digital asset space, injecting substantial liquidity into the market. Recent data shows that corporate holdings in cryptocurrencies have now exceeded $100 billion, with Ethereum (ETH) purchases accelerating at a notable pace. These companies,

CoinDCX Employee Arrested Over Alleged Involvement in $44 Million Crypto Hack A software engineer employed by CoinDCX operator Neblio has been arrested following an investigation into a $44 million cryptocurrency hack. The company reportedly filed a complaint against Rahul Agarwal after discovering that his work credentials had been compromised through his laptop. According to reports,

Bitcoin Price Eyes $119K as US Treasury Buys 28,000 BTC in Two Days Bitcoin quickly shrugged off concerns from a hawkish Federal Reserve meeting as news emerged of a potential US strategic Bitcoin reserve. The market sentiment shifted almost instantly, with traders focusing on the possibility of large-scale institutional adoption. The US Treasury reportedly purchased

Crypto Securities Lawsuits Surge in 2024, Could Double Next Year Legal actions targeting crypto companies are accelerating this year, with securities class-action filings already close to matching the total number recorded in all of 2024. If the current trend continues, these lawsuits could nearly double by 2025. The rise in litigation reflects growing regulatory scrutiny

Ether ETFs with Staking Could Reshape Crypto Market Dynamics Hank Huang, CEO of Kronos Research, believes that Ether ETFs offering staking rewards could significantly alter the crypto landscape. By providing yield opportunities, these ETFs may unlock new demand, enhance liquidity, and encourage more participation in onchain activities. Staking allows investors to earn passive income by

Tornado Cash Co-Founder Awaits Verdict as Trial Concludes The high-profile trial of a Tornado Cash co-founder has reached its final stages, with closing arguments now complete. The developer faces three serious charges, and if convicted, could be sentenced to over 40 years in prison. The case has drawn significant attention from the cryptocurrency community, as