Crypto

Alex Mashinsky pleaded guilty to two felony counts in December, admitting in court to making false statements about the platform’s Earn Program. Former Celsius CEO Alex Mashinsky is scheduled to report to federal prison on Friday following a guilty plea and sentencing hearing. According to documents filed on May 12, a few days after Mashinsky’s sentencing hearing in the US District Court for the Southern District of New York, the former CEO is expected to surrender himself to authorities before 2:00 pm ET on Friday. The court recommended that Mashinsky serve his sentence at the Federal Prison Camp in Otisville, New York — a minimum security facility about 75 miles (120 kilometers) from New York City. Read more

Prominent NFT marketplace OpenSea is creating a strategic reserve of cultural assets ahead of its mobile app rollout and the SEA token launch.

Kazakhstan is moving to establish a state-backed crypto reserve as part of its wider plan to embed digital assets into the national economy. President Kassym-Jomart Tokayev gave the directive this week, saying the initiative reflects the country’s need to adapt its financial system to new technological realities. According to Tokayev, the proposed State Fund for […] The post Kazakhstan bets big on state-backed crypto reserve to boost digital economy appeared first on CryptoSlate.

"WLD is aiming spectacular breakout," X user Lucky claimed.

Weekly outflows across crypto funds and investment products have reached $352M. Ethereum has led with $912M outflows, including $788M from spot ETH ETFs, while Bitcoin has seen $524M inflows. Trading volumes have fallen 27% as YTD inflows have totaled $35.2B. The post Crypto Investment Products Record $352M Weekly Outflows Despite Strong Year-to-Date Performance appeared first on Cryptonews.

From Bretton Woods to Bitcoin, a new Cointelegraph video unpacks why currencies lose value — and what it means for your savings. Not long ago, a $100 bill could cover dinner, a movie and drinks. Today, it might not even be enough for the meal alone — and in another decade, it’s likely to stretch even less. That’s not a fluke of bad luck but a feature of modern monetary systems: inflation is built in. In a new Cointelegraph video, we examine why money consistently loses value over time, and why governments actually want it that way. The story begins in 1944 with the Bretton Woods agreement, when the US dollar was tied to gold at $35 an ounce. That link ended in 1971 with the “Nixon Shock,” turning the dollar — and every major currency in the world — into pure fiat, backed only by government trust. Read more

Nasdaq seeks to trade tokenized stocks under the same documentation and execution rules as traditional securities, provided they are clearly labeled and deemed equivalent. The post Nasdaq Seeks SEC Green Light to Launch Tokenized Stock Market – Trillions Coming to Crypto? appeared first on Cryptonews.

A website tied to the name of the project is live, featuring a countdown suggesting an announcement could be made within the next few hours.

Lion Group Holding Ltd. has shifted its digital assets, converting 1.01 million SUI and 6,629 SOL into HYPE, and the reallocation is part of a phased accumulation approach in the management of its treasury holdings. The post Nasdaq Firm Dumps 1M SUI & 6.6k SOL for HYPE – What Do They Know? appeared first on Cryptonews.

USDC supply has surged to $72.5 billion, 25% ahead of Bernstein’s 2025 estimates.

The yield earned on the reserve assets would cover the blockchain's sequencer fees, helping keeping the transaction costs low, MegaEth said.

Despite signs of cooling demand, crypto inflows in 2025 are outpacing last year’s, indicating that “sentiment is intact,” according to CoinShares. Publicly traded crypto investment products saw a decline in flows in early September, with weekly trading volumes sliding by 27%, according to CoinShares data. Lower trading volume pushed crypto funds to post $352 million in outflows over the past week, despite a positive outlook for riskier assets following a weak US jobs report and a potential cut interest rates in the US. According to CoinShares analysis, the slower activity was pushed by Ether (ETH) products and suggests mainstream investors’ falling demand for cryptocurrencies. “Trading volumes fell 27% week on week, this in combination with minor outflows suggests the appetite for digital asset has cooled a little.” Read more

While BTC's rally could extend to $140K-$150K, 2026 may bring the decade's worst crash as liquidity dries up and macro risks mount.

Hallucinations aren’t glitches—they’re the math working as designed. Here’s how to nudge AI toward honesty, and how you can spot the lies yourself.

CoinShares will list on the Nasdaq as the latest crypto company to make the move to go public in the United States.

Nemo Protocol, a decentralized finance yield platform operating on the Sui blockchain, fell victim to a cyberattack that resulted in $2.4 million in losses just ahead of its scheduled maintenance window, causing total value locked to crash 75% from over $6.3 million to $1.57 million as users fled the platform amid the third major DeFi hack this month. The post Nemo Protocol Loses $2.4M to Hackers on Sui Blockchain Before Planned Maintenance appeared first on Cryptonews.

The company began acquiring HYPE tokens in late June, having previously announced its Hyperliquid treasury initiative

BTC holds $110k support, sentiment back to neutral. Robinhood to join S&P 500, Strategy misses out. Whales sold $12.7b BTC over past month. Companies currently buying 1755 BTC per day. SOL gets new treasury vehicle with $1.65bn cash. ETH ETFs saw 2nd largest daily outflow ever. Crypto bill proposes SEC-CFTC crypto committee. SEC, CFTC seek to ‘harmonize’ on DeFi. HYPE nears ATH, Paxos, Frax, Agora bid for stablecoin. StablecoinX secures $890m to buy ENA. We didn’t sell BTC to buy gold: Tether CEO. Metaplanet buys $15.2m BTC. ETH revenue dropped 44% in August. BTC network mining difficulty at ATH. SUI Group buys 20m SUI. Trump family earned $1.3b from WLFI, American Bitcoin. SOL Strategies to uplist shares to Nasdaq. Cardone sold Miami mansion for 400 BTC.

The absence of new buyers, weak spot Ethereum inflows and declining network activity have put ETH price at risk of dropping to $3,500. Key takeaways: Declining spot buying and spot Ethereum ETF outflows signal weakening demand. ETH price technicals show a possibility of a drop to $3,5000. Read more

Bitcoin’s supply–demand balance narrowed further last week as corporate treasuries captured a dominant share of new issuance. Last week, two publicly traded firms, Strategy and Tokyo-listed Metaplanet, purchased more than $230 million worth of BTC. According to their separate announcements, their combined acquisitions, totaling 2,091 BTC, represented about two-thirds, or 66%, of all coins produced […] The post Strategy and Metaplanet scooped up 66% of newly mined Bitcoin last week appeared first on CryptoSlate.