The market for alternative cryptocurrencies (altcoins) may see an extra dose of volatility this week, as the impending token unlock schedule will release billions of dollars worth of supply for several coins, including Ondo Finance’s ONDO token. Data from Tokenomist show the weekly unlocks calendar, that includes names like ONDO, ARB, STRK SEI and others, … Read more
Billionaire hedge fund manager Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, plans to dispose of several assets, including investment in bitcoin (BTC) exchange-traded funds (ETF), to avoid potential conflicts of interest with his new role, according to a report by The New York Times. On Saturday, Bessent, who once worked for billionaire liberal … Read more
As bitcoin (BTC) wobbles around the $90,000-$95,000 area, down more than 10% from its all-time high touched a bit less than four weeks ago, a contrast is growing between traders — whose technical analysis tools show the top cryptocurrency may be due for another plunge — and long-term investors who believe the bull run is … Read more
As crypto fan Donald Trump prepares to take the reins of the government, the U.S. Consumer Financial Protection Bureau has pitched new regulations that would have a significant impact on stablecoin issuers and wallet providers, though the proposal’s future remains in question. The CFPB took the first procedural step to open a proposal to public … Read more
Usual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on Friday after a tweak in the protocol’s yield-generating token triggered a sell-off on secondary markets. Amid the turmoil, the protocol’s USD0++ token, which represents a locked-up – or staked – version of its … Read more
Enforcement Director Ian McGinley is leaving the Commodity Futures Trading Commission in a week, ending a relatively short tenure that saw some high-profile crypto cases. He arrived at the agency in February 2023, a month before the CFTC sued Binance and then-CEO Changpeng Zhao for violating U.S. commodities laws. During his tenure, he also oversaw … Read more
Recent figures reveal that cybercrime inflicted losses of $298 billion on German companies alone in 2024, with 90% of surveyed businesses expecting damages to rise further. The primary targets? Sensitive data like intellectual property, patents and user credentials. These alarming statistics underscore the urgent need for more secure and scalable data infrastructure to mitigate cyber … Read more
Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry. “The emergence and growth of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) have given rise to innovations in the local and international financial system with dynamic opportunities … Read more
Bhutan, a small country in South Asia, is making big waves in the crypto world. The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy. This includes bitcoin (BTC), ethereum (ETH), and Binance’s BNB token (BNB). El Salvador … Read more
Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world’s oldest blockchain’s interoperability. In partnership with Bitcoin developers Fiamma, Babylon is using the BitVM2 computing paradigm, which is designed to allow Ethereum-style smart contracts on Bitcoin, which then paves the way for … Read more