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Two US senators are calling on the Treasury Department to investigate a reported $500 million foreign investment in World Liberty Financial (WLFI), a cryptocurrency venture tied to the Trump family, citing national security and data protection concerns. Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim sent a letter on Friday to Treasury Secretary…
Figure Technology, the publicly traded blockchain lender, confirmed on Friday that it suffered a customer data breach after an employee fell victim to a social engineering attack. The New York-based company, which went public in September 2025 under the ticker FIGR, disclosed the incident and said it is offering free credit monitoring to affected individuals….
US President Donald Trump’s media company has filed paperwork with the Securities and Exchange Commission to launch three new cryptocurrency exchange-traded funds, marking the latest expansion of the firm’s digital asset ventures. Trump Media & Technology Group announced Friday through its Truth Social Funds arm that it intends to create the Truth Social Bitcoin and…
U.S. spot Bitcoin ETFs experienced significant outflows of $410.4 million on Thursday, marking the sixth negative trading day in the past ten days as institutional conviction wavers amid a volatile macro environment. BlackRock’s IBIT led the exodus with $157.6 million in outflows, followed by Fidelity’s FBTC at $104.1 million and Grayscale’s GBTC at $59.1 million….
Crypto treasury firm ETHZilla has shifted its strategy away from simply accumulating Ether, launching a new tokenized asset offering backed by commercial jet engines leased to a major U.S. airline. The company announced Thursday the debut of its Eurus Aero Token I, marking its entry into the rapidly expanding real-world assets (RWA) sector on blockchain….
Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane, OKX Ventures, and stablecoin infrastructure firm STBL. The move represents a significant step in bringing institutional real-world asset yield onto blockchain infrastructure while navigating increasing regulatory scrutiny around yield-bearing stablecoins in the United States. The new stablecoin will be…
Ledger, one of the world’s leading hardware wallet providers, has integrated OKX’s decentralized exchange (DEX) into its platform, allowing users to perform cryptocurrency swaps directly from their devices without leaving the wallet interface. The integration marks a significant expansion of Ledger’s DeFi capabilities, bringing decentralized exchange functionality to its millions of users. With this update,…
Japan’s Crypto-Friendly Takaichi Wins Landslide Victory A prominent crypto-friendly politician has secured a decisive electoral victory in Japan, signaling potential shifts in the country’s approach to digital assets and blockchain regulation. The landslide win comes at a time when Japan is reassessing its position in the global crypto landscape, with increased scrutiny on how the…
Cryptocurrency markets opened Monday under selling pressure, with Bitcoin dropping 2.8% in 24 hours to trade below $70,000 amid a volatile weekend. The largest cryptocurrency remains well above its recent lows near $60,000, but has struggled to regain momentum following last week’s steep decline that reignited debate over whether the market has entered a deeper…
The Ethereum Name Service has scrapped its planned Layer 2 blockchain, Namechain, citing dramatically lower gas costs on Ethereum’s main network. Instead, ENS will deploy its ENSv2 upgrade directly on Layer 1. In a Friday blog post, ENS lead developer nick.eth attributed the decision to a “99% reduction in ENS registration gas costs over the…
ARK Invest offloaded $17.4 million worth of Coinbase (COIN) stock while simultaneously purchasing $17.8 million in Bullish (BLSH) shares on Thursday as cryptocurrency equities faced significant losses. Cathie Wood’s investment management firm sold 119,236 COIN shares valued at $17.4 million at Thursday’s close, according to regulatory disclosures. Coinbase stock declined 13.3% on the day, closing…
Metaplanet CEO Simon Gerovich affirmed the company’s commitment to its Bitcoin-first strategy on Friday, even as the Tokyo-listed corporate crypto whale faces mounting losses on both its stock price and balance sheet amid a severe crypto market downturn. “There is no change to Metaplanet’s strategy. We will steadily continue to accumulate Bitcoin, expand revenue and…
Michael Burry, the investor famous for predicting the 2008 financial crisis in “The Big Short,” has drawn parallels between Bitcoin’s current market decline and the cryptocurrency’s 2021-2022 bear market, suggesting further downside risk. In an X post on Thursday, Burry compared Bitcoin’s drop from its October high of $126,000 to current levels around $70,000 with…
U.S. spot Bitcoin exchange-traded fund (ETF) investors are demonstrating unexpected resilience amid a four-month cryptocurrency downturn that has wiped out significant gains since the products launched in January 2024. Bitcoin ETF holders are currently sitting on paper losses of approximately 42%, with the world’s largest cryptocurrency trading below $73,000. Despite these substantial losses, ETF analyst…
