Explore the latest news, analysis, and updates about Cryptocurrencies.
Augustus has secured $180 million in Series B funding, reaching a $1 billion valuation, to develop a banking clearing platform integrating stablecoins with traditional payment systems like Swift, ACH, and SEPA.
Aztec has launched the alpha version of Aztec V5, an update that integrates a fully private execution environment into its decentralized Layer 2 (L2) solution for Ethereum. A central feature is support for 'client-side proving,' enabling computationally intensive Zero-Knowledge (ZK) proofs to be generated directly on user devices like phones and laptops.
SBI Holdings has finalized its majority acquisition of Singaporean crypto-asset platform Coinhako. The deal, approved by the Monetary Authority of Singapore (MAS), integrates a regulated entity into SBI's global digital asset network, marking a strategic move for consolidation and geographical expansion in Southeast Asia.
Coinbase executive Jesse Pollak has handed over leadership of the Base application team to Jordan Fish, known as Cobie. Pollak will now focus on Base blockchain's underlying infrastructure, prioritizing initiatives in trading, stablecoin payments, and AI agent integration, following his admission that the application's social strategy did not meet expectations.
The legislative discussion surrounding the 'Clarity Act' for U.S. crypto market regulation is influenced by Donald Trump's personal crypto asset holdings, sparking an ethical debate concerning public officials' provisions and potential conflicts of interest within the digital currency sector.
Technical analysis suggests Bitcoin's bear market could end within three months, even as BTC struggles below a critical $64,000 resistance. Geopolitical tensions between the US and Iran are intensifying selling pressure, contributing to the current price correction.
A Cambridge study reveals that Ethereum, following its transition to Proof-of-Stake (PoS), operates with an annual energy consumption of 7.87 GWh. This figure positions the network as the second least energy-intensive among analyzed PoS networks when adjusted for market value, marking a drastic reduction from its Proof-of-Work (PoW) phase.
The Bonzo Lend lending protocol on the Hedera network suffered an approximate $9.05 million exploit due to a vulnerability in Supra's oracle verifier. An attacker inflated the value of SAUCE collateral, enabling undercollateralized loans and resulting in a 77% reduction in the protocol's Total Value Locked (TVL).
Robinhood Chain, an Ethereum Layer-2 network powered by Arbitrum technology, is designed to facilitate tokenized assets, cryptocurrency applications, and on-chain financial products. This represents a strategic move by Robinhood to integrate blockchain infrastructure into its services, aiming for efficiency and scalability in processing digital and traditional asset transactions.
A recent International Monetary Fund (IMF) working paper explores the dual nature of US dollar-linked stablecoins, highlighting their potential to improve foreign exchange access in emerging markets while also posing risks of increased capital flight and local currency destabilization during economic downturns.
The U.S. Department of Justice (DOJ) has moved to dismiss charges against Matthew Goettsche, the alleged mastermind behind the BitClub Network, a purported $722 million crypto fraud operation. Goettsche faced accusations of conspiracy to commit wire fraud and selling unregistered securities in connection with an alleged Bitcoin mining Ponzi scheme.
New Hampshire's Executive Council has rejected a $100 million Bitcoin (BTC)-backed municipal bond proposal with a 3-2 vote. This decision prevents the issuance of what would have been the first public debt instrument collateralized by a volatile digital asset, highlighting concerns over crypto asset volatility and the lack of an established regulatory framework for such public sector emissions.
