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#Crypto

1872 articles

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

The Daily: Crypto whale loses almost $50M in DeFi swap, BlackRock’s staked Ethereum ETF sees ‘very solid’ debut, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

Six North Korean individuals and two entities were hit with U.S. sanctions over an alleged crypto-fueled fraud scheme targeting U.S. firms.

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Bitcoin quickly drops 3.5% as fresh Iran escalation short-circuits crypto rally

Surging to a near one-month high of $74,000, bitcoin reversed back to just above $71,000 as news of U.S. military movements in the Middle East rattled risk assets.

One mysterious investor made $2.5 million profit in hours by betting big on the latest Trump gala news

One mysterious investor made $2.5 million profit in hours by betting big on the latest Trump gala news

A dormant crypto whale just bet $7 million on the Trump memecoin after a new Mar-a-Lago gala was announced, sparking a 60% rally for the struggling token.

MoonPay introduces Ledger-secured AI crypto agents to address wallet key risks

MoonPay introduces Ledger-secured AI crypto agents to address wallet key risks

The feature allows users to verify and sign every transaction generated by an AI agent using a Ledger hardware device, ensuring private keys never leave the hardware signer.

Stablecoins, bitcoin could reshape finance, Stanley Druckenmiller says

Stablecoins, bitcoin could reshape finance, Stanley Druckenmiller says

The billionaire investor said stablecoins could become the whole payment system in 10-15 years, and reiterated that crypto might replace the U.S. dollar as the global reserve currency.

Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks

Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks

Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.

Dubai’s Token2049, TON Crypto Conferences Canceled as Iran Conflict Rages On

Dubai’s Token2049, TON Crypto Conferences Canceled as Iran Conflict Rages On

A pair of planned Dubai conferences, Token2049 and TON Connect, have been pulled from the calendar amid Middle East unrest.

Crypto millionaire’s Nevis project offers residents $100 a month: FT

Crypto millionaire’s Nevis project offers residents $100 a month: FT

Olivier Janssens’ Destiny project offered Nevis residents $100 a month if the government approves the development, triggering sharp local criticism, the Financial Times reported.

U.S. sanctions 6 people, 2 companies that laundered $800 million in crypto for North Korea

U.S. sanctions 6 people, 2 companies that laundered $800 million in crypto for North Korea

The Treasury Department said North Korea infiltrated IT workers into U.S. businesses and channeled their wages back to the country to fund weapons of mass destruction programs.

DOJ and Europol take down SocksEscort network tied to crypto fraud

DOJ and Europol take down SocksEscort network tied to crypto fraud

Law enforcement agencies seized 34 domains, 23 servers and froze $3.5 million in crypto linked to SocksEscort, a proxy service that hijacked 369,000 devices.

Yield-bearing stablecoins surge as Washington fights over yield

Yield-bearing stablecoins surge as Washington fights over yield

Yield-bearing stablecoins are growing faster than the broader market as US lawmakers remain divided over how crypto yield should be regulated.