Meanwhile, Russia reportedly became the first country to send aid to Iran since the war began. Bitcoin’s price moves continue to be quite muted despite the most recent developments on the rapidly increasing Middle East tension. After today’s big strikes against a key Iranian island, Trump urged numerous countries to send military ships to…
XRP transactions jump 3x year-over-year, but price stays muted as daily network activity surges from approximately 1 million to nearly 3 million transactions. Summary XRP Ledger activity surged to nearly 3M daily transactions. Growth is driven by RWAs, stablecoins, and institutional flows. XRP price remains muted, down 39% year-over-year. The ledger data from XRPScan shows…
The US Securities and Exchange Commission has agreed to dismiss its civil fraud lawsuit against Nader Al-Naji, the founder of the BitClout blockchain project, now DeSo, according to a joint stipulation filed this week in the Southern District of New York. The SEC originally filed the lawsuit in July 2024, accusing Al-Naji of conducting an…
The European Central Bank has sounded the alarm on stablecoins, warning that dollar-pegged digital assets pose serious risks to eurozone banks and monetary sovereignty. As ECB stablecoin battle continues, in an exclusive chat with 99bitcoins.com, Jay Kurahashi-Sofue, CMO of stablecoin liquidity layer Eco, said, “At this point, the cat is out of the bag.” In…
Less than 1% of Australian crypto transactions were tied to illicit actors, even as the such entities in the country processed $50 billion in one year. Illicit activity accounts for only a small fraction of Australia’s cryptocurrency ecosystem, even as digital asset adoption continues to expand. According to the analysis by TRM Labs, less…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cloud mining narrative shifts toward AI infrastructure as platforms like NOW DeFi attract renewed investor interest. Summary NOW DeFi introduces a simplified cloud mining model for hardware-free participation. NOW DeFi integrates AI optimization, automated…
Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has unveiled its funded trading platform that provides traders with capital while sharing profits based on performance, according to a Friday statement. Crypto proprietary trading is a model that allows traders to trade digital assets using capital provided by…
The US Treasury just sanctioned 6 individuals and 2 entities for laundering cryptocurrency tied to North Korean (DPRK) IT worker schemes. The numbers are staggering. Nearly $800 million was generated in 2024 alone. All of it funneled directly into Pyongyang’s weapons programs. The network was operating from Vietnam, Laos, and Spain. North Korean operatives are…
Crypto losses fell to $49M in February, but attackers are shifting toward phishing and user manipulation, says Nominis. A report by blockchain security firm Nominis shows that in February, total losses from crypto attacks fell by 87%, going from $385 million in January to $49.3 million last month. However, while the drop in total…
CZ goes after Etherscan for displaying spam transactions from address poisoning scams, stating block explorers should filter out the malicious transfers completely. Summary CZ says block explorers should filter address-poisoning spam. A user received 89 poisoning alerts in 30 minutes after two transfers. Attackers use lookalike addresses and zero-value transfers to trick users. The former…
