Crypto

South Korean authorities launched an investigation into Bithumb after it mistakenly credited 620,000 BTC to users, adding to concerns about “paper Bitcoin” and internal controls. South Korea’s financial watchdog opened an investigation into Bithumb after the exchange mistakenly credited hundreds of thousands of Bitcoin that it did not actually hold to user accounts. The Financial Supervisory Service (FSS) launched a probe into Bithumb for alleged platform violations around the erroneous crediting of billions of dollars in non-existent Bitcoin (BTC) to user accounts, Yonhap News reported Tuesday. Bithumb acknowledged the incident on Saturday, saying the platform “incorrectly paid” 620,000 BTC ($42.8 billion) to users during a promotional event. Read more

Aside from RAIN, the other notable gainers today are M and NEXO, while HYPE has lost over 5% of value.

[PRESS RELEASE – Vaduz, Liechtenstein, February 9th, 2026] xMoney ($XMN) is expanding its partnership with Domino’s, bringing its payment infrastructure to Domino’s Greece following a successful rollout in Cyprus. The collaboration focuses on acquiring services, enabling Domino’s Greece to accept card payments and digital wallets, including Apple Pay and Google Pay, across both web and […]

A U.S. judge sentenced Daren Li to 20 years for a $73 million crypto fraud. The scam used Cambodia-based compounds to target victims via social media and dating apps.

A US court sentenced Daren Li to 20 years in prison for leading a $73 million crypto pig butchering scam targeting American investors. A dual national of China and St. Kitts and Nevis was sentenced to 20 years in US federal prison for orchestrating a global cryptocurrency scam that stole more than $73 million from victims, many of them American investors. Daren Li, 42, received the statutory maximum sentence in the Central District of California, along with three years of supervised release, according to a statement issued Tuesday by the US Department of Justice (DOJ). Li has been a fugitive since December 2025, after cutting off his electronic ankle monitor and fleeing, the release states. Prosecutors said Li and at least eight co-conspirators established spoofed domains and websites resembling legitimate trading platforms to promote fraudulent crypto investments after gaining victims’ trust, a scheme known as pig butchering or phishing scams. Read more

ADA's drop in open interest looks similar to Solana's past pattern, where a fragmented market often comes before weaker altcoin momentum.

XRP supply and escrow unlocks: a guide to modeling 2026 net flows XRP supply in 2026 hinges on how much escrowed XRP Ripple chooses to distribute after monthly unlocks. The process is capped by the ledger, while market impact still depends on net flows and demand. According to the XRP Ledger, total supply is fixed […] The post The real drivers of XRP supply: A guide to understand Ripple’s monthly releases and what matters appeared first on CryptoSlate.

Industry groups and exchanges said the United Kingdom’s slow, overlapping crypto rules and compliance frictions are undermining its “global hub” ambition. Gemini’s decision to exit the United Kingdom, European Union and Australia to focus on the United States and Singapore has sharpened questions over whether the UK’s still unfinished rulebook is deterring even well‑regulated players the government hoped to attract.  In April 2022, then Chancellor Rishi Sunak said it was his “ambition to make the UK a global hub for cryptoasset technology,” unveiling Treasury measures, such as stablecoin regulation, and launching a Financial Conduct Authority (FCA) “CryptoSprint” to help firms invest in the country. However, in Gemini’s latest strategy update on Thursday, the exchange said many foreign markets were “hard to win,” with expansion leaving it “stretched thin” and burdened by organizational complexity, driving up costs. Read more

Bitcoin's futures market doesn't show panic capitulation as in late 2022, analyst said.

A closer look at where the Pi Network price might be headed in the next few days as the broader market continues to chop.

Kyle Samani Slams Hyperliquid After Multicoin Exit The post Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary appeared first on Cryptonews.

Omnia allows users to trade any asset directly against any other 24/7, without restrictions on size or type.

Sometimes human intervention and an “old school” approach is needed, said Anatoly Crachilov, founding partner and CEO of Nickel Digital Asset Management.

Let's have a look at some numbers and try to understand where is the XRP price headed this week.

The Bitcoin ETF rebound comes as analysts flag slowing outflows. Early BTC holders trim positions rather than exit as BTC hovers near $70,000, according to Bitwise. US spot Bitcoin exchange-traded funds (ETFs) extended a tentative rebound after attracting $371 million in net inflows last Friday, adding to signs that institutional demand may be stabilizing following weeks of sustained selling. Spot Bitcoin (BTC) ETFs attracted a further $145 million in inflows on Monday as BTC hovered around $70,000, according to data from SoSoValue and CoinGecko. The inflows have yet to offset last week’s $318 million of outflows and $1.9 billion in redemptions year-to-date, but the slowing pace of losses may point to a potential trend reversal for crypto investment products, according to CoinShares. Read more

Bitmine Boosts ETH Holdings to 3.6% of Ethereum Supply The post Tom Lee-Backed Bitmine Controls 3.6% of Ethereum Supply After Price Crash appeared first on Cryptonews.

Analysts say Ether’s MVRV Z-Score has entered capitulation territory at -0.42 after falling 30% in a fortnight, though it is still far from its worst score. Ethereum has hit a zone typically associated with mass selling, with an MVRV Z-Score returning a score of -0.42 — though analysts are split on whether the price of Ether is close to bottoming out.  The MVRV Z-Score is a metric used to assess whether a crypto asset is overvalued or undervalued by comparing its market value to its realized value, which reflects the total value of Ether based on the price at which it was last transacted.  The metric was created to identify periods of market euphoria or capitulation when market value was considerably higher or lower than realized value. Read more

The Ethereum co-founder has outlined a four-quadrant Ethereum-AI buildout spanning private AI use, agent markets, and governance.

The crypto market’s volatility is just “part of the game,” says Federal Reserve governor Chris Waller, who adds that traditional finance may have added to the recent market drop. Federal Reserve governor Chris Waller says the crypto hype that accompanied US President Donald Trump’s election victory has begun to wane as the market has become more entwined with traditional finance. “I think some of the euphoria that came into the crypto world with the current administration, some of that's kind of fading,” Waller said at a conference on Monday. “A lot of it has been brought into the mainstream finance,” Waller said. “Then, you know, things have to happen there, so I think there was a lot of sell-off just because firms that got into it from mainstream finance had to adjust their risk positions.” Read more

Crypto market analysts have become increasingly bearish, with technical signals favoring further downside before any meaningful recovery.