Crypto

The asset's price exploded by almost 20% in minutes after the listing news went live.

It's not all bad news, though, as there was at least one whale that made a big purchase in the past 24 hours.

Crypto markets have wiped out recent gains amid hawkish sentiment from the US central bank.

The approval lets Nasdaq test tokenized versions of some stocks and ETFs without moving beyond existing market rails.

The phishing campaign lures OpenClaw developers with fake $5,000 token airdrops, then drains wallets through a cloned site with a hidden connection prompt.

Persistent inflation signals and surging oil prices are weighing on risk appetite, even as institutional money has continued to flow.

Advocacy groups say the OpenAI-backed measure would limit legal accountability and lock in narrow protections for children.

Bitcoin dropped below $71,000, but the market’s tilt toward bulls holds as spot ETF inflows and BTC buying from Strategy boost investor sentiment. Key takeaways: Spot market demand through US-listed ETFs and Strategy buying BTC supports Bitcoin’s bullish momentum. Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%. Read more

Bitrefill said hackers drained hot wallets and exploited gift card supply flows after gaining access through stolen credentials from an employee's device.

US banks “reduced” their credit risk after 2008 by shifting more of it to nonbank lenders. Since 2008, banks have shifted a growing share of their lending to nonbanks like private credit funds, making it their fastest-growing loan category. That shift doesn’t signal another 2008-style crisis today, but it does show where trouble could surface […] The post Banks risk another 2008 crisis after moving the equivalent of 18 million BTC into shadow lenders appeared first on CryptoSlate.

The effect on energy prices from the Iran war will impact the economy, but the size and scope of the macroeconomic shock are still unknown. The Federal Reserve Open Market Committee (FOMC) announced on Wednesday that it would hold the Federal Funds rate steady at 3.5-3.75%, as it monitors macroeconomic impacts from the ongoing war in the Middle East. Economic activity has expanded at a “solid pace,” Federal Reserve Chairman Jerome Powell said, adding that consumer spending remains “resilient,” while business investment continued to grow.  However, the housing sector remains weak, and the labor market shows signs of softening, Powell said, while inflation remains “somewhat elevated” above the Fed’s 2% target. Read more

The prediction markets co-founder said that the company would “abide by court decisions“ but signaled that the charges were based partly on political bias and media attention. Tarek Mansour, co-founder and CEO of prediction markets platform Kalshi, has pushed back against criminal charges filed by Arizona authorities this week, claiming that they were a "total overstep" and "not about gambling.” On Tuesday, Arizona Attorney General Kris Mayes announced charges against the companies behind Kalshi, alleging that the company operated an “illegal gambling business in Arizona without a license” and offered illegal election wagering. Mansour said in a Wednesday Bloomberg interview that Mayes was attempting to “subvert the judicial process” by filing charges without a court decision in Kalshi’s own lawsuit against Arizona authorities last week.  “We see this as a total overstep and we look forward to fighting it in court,” said Mansour. Read more

The organization behind layer-1 blockchain Algorand laid off 25% of its staff due to macroeconomic uncertainty and lower crypto prices.

SOL spent weeks pinned between $80 and $87, with tightening Bollinger Bands signaling that a sharp move was coming either way.

The SEC’s approval lets Nasdaq test blockchain-based versions of stocks that trade and settle like traditional shares.

The White House registered aliens.gov, a month after Trump ordered the release of all government UAP and UFO files following a viral Obama moment.

The crypto sector's leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who just won her primary.

RedotPay Seeks $150M Raise Ahead of US IPO The post Hong Kong’s RedotPay Targets $150M Pre-IPO Raise for US Listing appeared first on Cryptonews.

XRP Price Prediction: Goldman Sachs Quietly Built a $154 Million XRP ETF Position — Why Is the Price Still Stuck? The post XRP Price Prediction: Goldman Sachs Quietly Built a $154 Million XRP ETF Position — Why Is the Price Still Stuck? appeared first on Cryptonews.

Paul Atkins says nonfungible tokens are typically collectibles, not investment contracts, as the agency outlines new categories of digital assets outside securities laws. After the US Securities and Exchange Commission (SEC) outlined four broad categories of digital assets that fall outside securities laws, Chair Paul Atkins offered further clarity on why nonfungible tokens (NFTs) generally do not meet that definition. In a Wednesday interview with CNBC, Atkins reiterated that the agency’s recent interpretive release identified four types of digital assets that are typically not considered securities: digital commodities, digital tools, digital collectibles such as NFTs, and stablecoins. During the interview, host Andrew Ross Sorkin pressed Atkins on digital collectibles, noting they could more easily resemble securities depending on how they are structured. Read more