Cryptocurrency

Standard Chartered Hong Kong and Animoca Brands Partner to Launch Stablecoin Venture Standard Chartered’s Hong Kong division has teamed up with Animoca Brands to establish a new joint venture called Anchorpoint Financial. The partnership aims to develop a licensed Hong Kong dollar-backed stablecoin, marking a significant step in the region’s digital asset ecosystem. The collaboration […]

SEC Staff Guidance on Liquid Staking Leaves Questions Unanswered The recent staff guidance from the SEC on liquid staking has sparked discussions across the crypto industry. While the move could encourage institutional adoption by providing clearer regulatory boundaries, many questions remain unresolved, leaving room for potential challenges. Liquid staking allows users to stake their crypto

XRP Whales Dump $1.9 Billion as Analyst Warns of Potential 30% Price Drop XRP could remain in a fragile position unless large holders, or whales, begin accumulating the token again, according to a market analyst. Recent data shows that XRP whales have offloaded approximately $1.9 billion worth of the cryptocurrency, raising concerns about further downside

This Trader Turned $6,800 Into $1.5 Million With a High-Risk Crypto Strategy A trader recently turned a modest $6,800 investment into an astonishing $1.5 million by leveraging a high-risk strategy on a perpetual futures exchange. The key to their success lay in exploiting maker rebates and fine-tuning their approach to capitalize on market microstructure. The

IREN Stock Jumps 11% After Outperforming MARA in Bitcoin Mining for July Shares of IREN surged by 11.4% at the close of trading on Wednesday following the company’s announcement that it mined more Bitcoin than competitor MARA Holdings in July. The strong performance highlights IREN’s growing position in the competitive Bitcoin mining sector. The company’s

Bitcoin Faces Potential Pullback as Analyst Flags $105K as Risk Zone The short-term outlook for Bitcoin remains uncertain, with analysts warning of a possible dip toward $105,000. One market observer has labeled this level as a hidden danger zone for BTC, suggesting that traders should proceed with caution. Despite recent bullish momentum, Bitcoin’s price action

Former SEC Chief of Staff Compares Liquid Staking to Lehman Brothers Crisis Amanda Fischer, former chief of staff at the U.S. Securities and Exchange Commission, has criticized the agency’s recent stance on liquid staking, drawing strong reactions from the crypto community. Her comments, which likened liquid staking to the financial practices that led to the

Base Network Faces 33-Minute Outage Due to Sequencer Issue, Fixes Implemented Base, the Ethereum layer-2 blockchain, experienced a 33-minute outage on Tuesday, which the team attributed to a faulty sequencer. The disruption temporarily halted transactions and block production before engineers resolved the issue. In a statement, the Base team explained that the sequencer, a critical

SharpLink Expands Ether Holdings with $264 Million Purchase, Nearing $2 Billion in ETH SharpLink continues to aggressively build its Ether position, acquiring an additional $264 million worth of ETH. This latest purchase brings the company’s total staked Ether holdings to 521,939 ETH, pushing its portfolio closer to the $2 billion mark. The move underscores SharpLink’s

CrediX Recovers $4.5 Million in Stolen Crypto Following Exploiter Negotiation CrediX has successfully recovered $4.5 million in stolen cryptocurrency after negotiating with the exploiter responsible for the attack. The team announced that affected users will receive refunds within the next 48 hours. The recovery marks a positive resolution to a security incident that had put