Latest news on cryptocurrencies and decentralized applications

News

Insights into the biggest events shaping the crypto industry.

Kraken Under Extortion Threat Following Security Breach

Kraken is facing an extortion threat from a criminal group claiming to have accessed internal systems and threatening to release client data unless demands are met.

Aisha Farooq

14 minutes ago

Ethereum Derivatives Market Shows Signs of Short Squeeze Potential

The Ethereum derivatives market on Binance is experiencing a significant increase in open interest, indicating potential for short squeezes as traders remain skeptical despite recent price gains.

Tenzin Dorje

an hour ago

ABA Critiques CEA's Stablecoin Report

The American Bankers Association (ABA) criticizes the White House Council of Economic Advisers' (CEA) stablecoin report, highlighting risks of allowing yield on payment stablecoins and potential deposit flight from community banks.

Bayarjavkhlan Ganbaatar

an hour ago

Rakuten Group Integrates XRP as Payment Option for 44 Million Users

Rakuten Group has announced the integration of Ripple's XRP as an official payment method, allowing 44 million users to utilize the cryptocurrency for purchases.

Mohamed Farouk

an hour ago

UK Lawmaker Requests FCA Investigation into Nigel Farage's Cryptocurrency Involvement

Daisy Cooper requests FCA investigation into Nigel Farage's promotion of Stack BTC and potential market abuse.

Maria Fernandez

2 hours ago

UK Government Implements New Restrictions on Cryptocurrency Donations

UK Government implements new measures to restrict cryptocurrency donations to political parties amid concerns over foreign financial influence.

Diego Alvarez

2 hours ago

Regulatory Crackdown on South Korean Crypto Exchanges

Regulatory crackdown on South Korean crypto exchanges follows penalties on Bithumb and Coinone, indicating a broader regulatory push.

Elias Mukuru

2 hours ago

Coinone Faces Regulatory Action for Compliance Failures

Coinone has been fined 4 million and received a three-month partial suspension for failing to verify user identities and conducting transactions with unlicensed foreign platforms.

Kenji Takahashi

2 hours ago

USDT and USDC See Lowest Active Addresses on Ethereum Since December

Onchain data shows that USDT and USDC on Ethereum have reached their lowest active addresses since December 2022, indicating reduced transaction activity.

Gustavo Mendoza

4 hours ago

Presidio Bitcoin Unveils Report Addressing Quantum Risks to Bitcoin

The nonprofit group Presidio Bitcoin has published a technical report addressing the risks that quantum computing poses to the Bitcoin network, highlighting vulnerabilities and proposing mitigation strategies.