Among those who used crypto for payments, over 25% said they did so because the business preferred crypto, citing speed, privacy and lower cost advantages. About one-tenth of US adults said they used or invested in crypto in 2025, the highest level in three years, according to a Federal Reserve report on the economic well-being of households. Roughly 10% used crypto for any reason, up from 2023 and 2024, according to the Fed report published on Wednesday. Despite the rise, 2025’s figures still fell short of crypto adoption seen in 2021, when 12% of Americans reported having used crypto for any reason. Read more
The hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC. Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain. Blockchain security firm PeckShield and analytics platform Lookonchain both reported the incident on Tuesday, noting that a hacker minted 1,000 synthetic Bitcoin (eBTC) worth around $76.7 million. “We are currently investigating a security incident impacting the Echo bridge on Monad. All cross-chain transactions remain suspended while the investigation is underway,” Echo Protocol said on Tuesday. Read more
Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether's total supply before the end of the year. Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile. Ether (ETH) has traded between $2,081 and $2,341 over the past seven days. It was trading at $2,128 as of Tuesday and was down 8.7% over the same period. “Over the past week, we acquired 71,672 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the alchemy of 5% sometime in 2026,” Lee said on Monday. Read more