Finance News – Global Crypto
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BtcTurk hack sees $48 million in crypto vanish from hot wallets
A significant cyberattack on a Turkish cryptocurrency platform led to the loss of nearly $48 million in digital assets, which were subsequently dispersed across various blockchain...
Read Full Article →Dow slips amid hotter than expected PPI inflation data
The unexpected rise in producer price inflation contributed to a weakening market sentiment, leading to a notable decline in the Dow Jones Industrial Average during early trading.
Read Full Article →Cardano price Elliott wave suggests a rally as key metric at ATH
The recent surge in Cardano’s value, combined with accelerating stablecoin adoption and technical wave analysis, indicates potential continued upward momentum in the cryptocurrency...
Read Full Article →Bitcoin showed the path, and decentralized AI must ditch rented compute
The financial impact suggests that by 2027, most AI startups relying on leased computing resources may fail as dominant platforms gain control, while decentralized AI models are ex...
Read Full Article →Figment Outpaces Rivals in Ether Staking Growth, Lido's Decline Eases Dominance Concerns
The increasing participation in Ether staking by competitors alongside a reduction in Lido's market share indicates a more balanced ecosystem, potentially enhancing the overall sta...
Read Full Article →BtcTurk halts withdrawals amid suspected $48M crypto hack
BtcTurk temporarily suspended certain withdrawal functions due to a suspected cryptocurrency breach potentially involving $48 million, impacting user access to digital assets while...
Read Full Article →Tokenized Stocks Aren’t Working (Yet)
Although current blockchain-based equity trading lags behind conventional platforms, experts suggest that technological advancements may soon create valuable opportunities within t...
Read Full Article →Google clarifies that self‑custodial crypto wallets are safe on Play Store
Google's decision to allow non-custodial cryptocurrency wallets on its app marketplace preserves important financial options for users seeking direct control over their digital ass...
Read Full Article →Stablecoin Payments Projected to Top $1T Annually by 2030, Market Maker Keyrock Says
According to a report by Keyrock and Bitso, increasing use by institutions, foreign exchange settlements, and international transactions are anticipated to substantially boost the...
Read Full Article →The Daily: Bessent says govt won’t buy bitcoin for strategic reserve, Ethereum ICO whale sells anoth...
The government’s decision not to acquire digital currency for its strategic holdings, combined with significant sales of Ethereum by major investors, could influence market liquidi...
Read Full Article →Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour
Within a single hour, a rapid decline in Bitcoin’s valuation led to the forced closure of trading positions totaling over half a billion dollars, highlighting the market’s high vol...
Read Full Article →MetaComp executes real-time cross-border payment using CNT Carbon stablecoin
MetaComp’s use of the CNT Carbon stablecoin for real-time international transactions highlights a significant advancement in accelerating cross-border payment efficiency within reg...
Read Full Article →Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan
In July, strong performance in Ether, supported by high trading volumes and record ETF inflows, contributed significantly to the increase in the overall cryptocurrency market valua...
Read Full Article →Vietnam police bust billion-dollar crypto Ponzi ring behind Paynet Coin scam: Report
Authorities in Vietnam detained multiple individuals involved in a major fraudulent cryptocurrency operation that defrauded investors of billions by exploiting the Paynet Coin plat...
Read Full Article →Ethereum ETF inflows jump $729m, surpass Bitcoin ETFs
U.S.-based funds focused on Ethereum experienced a notable increase in investment, attracting $729 million in new capital, indicating heightened interest from institutional investo...
Read Full Article →Strategy and El Salvador saw massive gains as Bitcoin hit new peak
Both Strategy and El Salvador experienced substantial increases in the value of their cryptocurrency assets following Bitcoin’s latest surge to an unprecedented market valuation ex...
Read Full Article →CoinDesk 20 Performance Update: Uniswap Drops 8.2%, as Nearly All Assets Decline
Several major digital assets experienced declines this week, with Uniswap falling over 8% and Stellar decreasing by 6%, reflecting a broader downward trend across the cryptocurrenc...
Read Full Article →Google Play’s new rules now put more regulatory burden on custodial crypto wallets
The updated licensing requirements for cryptocurrency applications in the Play Store may increase operational costs and compliance responsibilities for developers, potentially affe...
Read Full Article →BTC dips, ETH surges; Which presale will shine this altcoin season?
A decline in Bitcoin’s market share below 60% has sparked increased interest in alternative cryptocurrencies, with Ethereum driving the rally and creating opportunities for emergin...
Read Full Article →USD.AI Raises $13M to Expand GPU-Backed Stablecoin Lending
USD.AI secured $13 million in Series A funding led by Framework Ventures to enhance its protocol that enables lending through stablecoins backed by GPU assets.
Read Full Article →Billionaire Winklevoss Twins-Backed Gemini Launches Self-Custodial Smart Wallet
The new Gemini wallet enables users to securely manage digital assets while participating in decentralized finance and Web3 platforms, offering features like social recovery, trans...
Read Full Article →Tokenization Firm Dinari to Launch L1 Blockchain, Aims to Be the 'DTCC of Tokenized Stocks'
Dinari Financial Network’s new Layer 1 blockchain intends to facilitate secure and efficient trading of tokenized equities by utilizing validators from prominent financial and cryp...
Read Full Article →Crypto Prices Quickly Slide After Troubling U.S. PPI Report
The unexpected rise in U.S. wholesale inflation for July increased concerns about future monetary policy, prompting a swift decline in digital asset valuations across multiple mark...
Read Full Article →Bitcoin ETFs to lock up 1.5 million BTC by New Year as supply squeeze tightens grip
If current trends continue, a significant portion of Bitcoin will be controlled by exchange-traded funds by the end of the year, potentially impacting overall availability and mark...
Read Full Article →Spar rolls out nationwide stablecoin and crypto payments in Switzerland
Spar’s integration of cryptocurrency and stablecoin payment options across its Swiss stores represents a notable development in expanding digital currency acceptance within traditi...
Read Full Article →Turkish Crypto Exchange BtcTurk Witnesses $48M of Suspicious Outflows Amid Hack Fears
The unexpected movement of substantial funds from the Turkish cryptocurrency platform has raised concerns, leading to a temporary halt in user transactions to assess potential secu...
Read Full Article →Spectrum: A global RPC provider powering the multichain web3
Spectrum's extensive bare-metal RPC network supports high-volume blockchain interactions worldwide, enabling efficient multichain connectivity that contributes to the growing deman...
Read Full Article →Four people who ransomed Brazilian mother for Bitcoin arrested: reports
The arrest of individuals involved in a ransom case highlights the increasing use of cryptocurrency, such as Bitcoin, in criminal activities and its impact on financial security an...
Read Full Article →Morning Minute: Bitcoin Breaks to $124k & New All-Time High
Bitcoin reaching $124,000 marks a notable milestone in its valuation, potentially influencing investor sentiment, market dynamics, and future trading activity within the cryptocurr...
Read Full Article →21Shares launches XDC Network ETP and Sui Staking ETP on SIX Swiss Exchange
The introduction of these two new exchange-traded products enhances investment options on the SIX Swiss Exchange, potentially attracting increased capital inflows and broadening ac...
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