Found 6074 news
The 2022 FTX bankruptcy pushed crypto toward greater transparency across exchanges and DeFi, yet some who lost funds in the crisis still haven't been paid. When FTX filed for bankruptcy on Nov. 11, 2022, it sent shockwaves throughout the crypto world, erasing billions in market liquidity and shattering confidence in centralized exchanges. The dramatic collapse became a turning point for the digital asset industry, triggering calls for stronger transparency and reactions from regulators. Three years after the exchange’s collapse, transparency initiatives across the crypto industry have proliferated. Proof-of-reserves attestations, audits and onchain analytics represented progress. Still, many of those reforms remain works in progress, and some of FTX’s creditors have yet to be made whole. Read more
John Deaton’s campaign announcement primarily focused on his background and cost-of-living issues, but he spoke about digital assets during his 2024 run for the US Senate. John Deaton, a lawyer who advocates for XRP holders and ran against Massachusetts Senator Elizabeth Warren in the 2024 US election, is making another bid for Congress. At a Monday event in Worcester, Massachusetts, Deaton announced that he would run for US Senate again in 2026, this time attempting to unseat Democratic Senator Ed Markey. The lawyer ran as the Republican candidate in 2024, losing to Warren, a Democrat, by about 700,000 votes. “I’m winning this time,” Deaton said in a campaign video aired at the Worcester event. Read more
ClearToken won FCA approval for a regulated crypto settlement system, signaling the UK’s push to bring digital assets under its financial framework. ClearToken, a digital asset clearing and settlement company, has received approval from UK regulators to launch a system for settling crypto and stablecoin transactions — a move that underscores the country’s push to expand oversight of digital finance. The company announced Tuesday that it had received authorization from the Financial Conduct Authority (FCA) to operate its Delivery versus Payment (DvP) settlement platform, known as CT Settle, which will support spot trades in crypto assets, stablecoins and fiat currencies. Once CT Settle becomes operational, regulated financial institutions will be able to use a digital asset settlement system that functions under the same regulatory and operational standards as traditional financial infrastructure. Read more
Solana’s fundamentals remain strong, but its recovery toward $250 will depend on easing geopolitical risks and renewed confidence in tech markets. Key takeaways: Solana’s strong onchain metrics and DApps revenue dominance hint at long-term strength despite recent selling pressure from major holders. Solana ETF inflows and diversified onchain activity support SOL, yet macro risks in AI and trade remain key obstacles to a $250 recovery. Read more
The Nasdaq-listed company will acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a crypto payments company backed by Tether and Solana’s co-founder. Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in 2017. According to a Tuesday announcement, Tether will become the largest shareholder in VCI Global through its stake in OOBIT. Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital are also investors. VCI Global acquired $50 million in OOB tokens from the OOB Foundation at a $200 million market capitalization, or $0.20 per token, by issuing company shares as payment. The company plans to purchase an additional $50 million worth of OOB tokens on the open market after its official launch. Read more
Ethereum’s $200 billion tokenized economy, falling exchange supply and traditional finance footprint are fundamental factors that suggest ETH is undervalued. Key takeaways: Ethereum currently hosts $201 billion in tokenized assets, which is nearly two-thirds of the global total of $314 billion. Institutional growth led by BlackRock and Fidelity has driven a 2,000% surge in onchain fund AUM since 2024. Read more
Some agencies, such as the SEC, are expected to reopen the day after a funding bill becomes law, more than 40 days after reducing their operations and staff. The US government is moving closer to reopening after more than 40 days of being shut down, following several Democratic lawmakers in the Senate siding with Republicans to pass a funding bill. On Monday, the US Senate held a late-night vote for a bill “continuing appropriations and extensions for fiscal year 2026,” which passed 60 to 40 in the chamber. The bill is expected to fund the government through Jan. 31, 2026, provided it passes in the House of Representatives and is signed into law by President Donald Trump. As Tuesday is a US federal holiday, the House is not expected to reconvene to vote on the bill until Wednesday at the earliest. Prediction platform Polymarket has already adjusted its expectation that the US government will return to normal operations on Friday, likely following the passage of the House bill. Read more
PrizePicks has teamed up with Polymarket to let users wager on real-world outcomes, expanding beyond fantasy sports into the growing prediction-market space. PrizePicks, one of North America’s largest daily fantasy sports operators, has partnered with Polymarket to expand into the prediction-markets space — a move that could open new revenue streams beyond its core fantasy sports business. The partnership will integrate Polymarket’s event contracts directly into the PrizePicks app, allowing users to make predictions on outcomes spanning sports, entertainment and cultural events, the companies disclosed Tuesday. Polymarket founder and CEO Shayne Coplan said the collaboration could attract millions of PrizePicks users to the emerging prediction-markets ecosystem. Read more
Speaking with Cointelegraph, 10T Holdings founder Dan Tapiero explains why Bitcoin’s fundamentals remain strong even as a 70% downturn looms in the next bear phase. Macro investor Dan Tapiero remains convinced that Bitcoin (BTC) is on track to reach $180,000 as part of its current bull cycle, but warns that a major correction could follow once the rally peaks. Despite recent risk-off sentiment and heavy selling from long-term “OG whales,” Tapiero insists the bull market remains intact. “I think the macro backdrop is still positive,” he said in an interview with Cointelegraph. According to Tapiero, the latest all-time high didn’t fully reflect the “fundamental improvements” in Bitcoin’s ecosystem or the increasingly favorable macro environment supporting digital assets. Read more
Bitcoin dropped to fill its latest futures gap at the Wall Street open, but whale selling pressure kept a BTC price rebound off the menu. Key points: Bitcoin fills its weekend CME futures gap, but bulls struggle to produce a BTC price turnaround. Analysis shows Bitcoin whales selling into price at local highs. Read more
Gifting Bitcoin isn’t taxable right away, but the IRS still has rules. Here’s how to stay compliant and prevent future tax problems. Bitcoin gifts aren’t immediately taxable. The IRS treats cryptocurrency as property, so recipients generally don’t owe income tax on the gift. Stay within the 2025 exclusion limit. You can gift up to $19,000 per person, or $38,000 for spouses splitting gifts, without triggering Form 709. Recipients inherit the donor’s cost basis. Future taxes depend on the donor’s original purchase price, not the cryptocurrency’s value at the time of the gift. Read more
2025 changed the crypto landscape. This was the year of coins that created value and onchain utility instead of hype. 2025 marked a turning point for crypto, as investors prioritized real utility and institutional integration over hype-driven speculation. Bitcoin’s performance was supported by US spot ETFs, keeping it near or above the $100,000 mark for much of the year despite market pullbacks. Ether rebounded after an early-year slump, supported by growing institutional interest and renewed confidence following the Ether ETF approval. Read more
The Spain-based company will tokenize debt financing for solar and battery installations in partnership with Taurus and the Stellar Development Foundation. Turbo Energy (Nasdaq: TURB) is launching a pilot project to tokenize financing for hybrid renewable energy systems, starting with an on-site solar and battery installation at a supermarket in Spain. The initiative aims to demonstrate how blockchain-based debt instruments can fund distributed energy projects. The project is being developed in collaboration with digital asset infrastructure firm Taurus and the Stellar Development Foundation. According to an announcement, the pilot will test how tokenized financing can support liquidity and improve capital access to renewable energy funding. Energy-as-a-Service is a model that allows customers to pay for energy use or performance without owning any equipment. It allows businesses to access clean energy through subscription-style contracts while providers handle installation, maintenance and operation. Read mo...
Ideosphere wants to redirect crypto’s speculative energy into scientific prediction markets, betting on research results that finance scientific research. The co-founders of the decentralized science startup Ideosphere told Cointelegraph they aim to redirect the speculative energy of crypto prediction markets toward financing early-stage scientific research. Speaking to Cointelegraph at the Blockchain for Good Awards event in Copenhagen, Denmark, Ideosphere co-founder and head of technology Rei Jarram said that some research is considered too risky to invest in through traditional channels. She said that seeing the volume of money flowing to crypto gambling platforms prompted the project’s founders to wonder “if you could kind of siphon some of that speculation away from gambling toward early-stage research.” Read more
After announcing the “largest forfeiture action” in the history of the DOJ, the US faces questions about how it accessed the over 127,000 Bitcoin stolen from the LuBian mining pool. China’s national cyber defense agency has made big claims around the alleged role of the US in the multibillion-dollar hack of LuBian, once a major Chinese Bitcoin mining pool. The Chinese National Computer Virus Emergency Response Center (CVERC), a state-backed cyber defense agency, on Sunday published a technical analysis report on the 127,272 Bitcoin (BTC) stolen in the LuBian hack. Although the hack occurred in December 2020, it remained largely unknown to the public until recently, with Arkham reporting it in August as the “largest ever” Bitcoin hack. Read more
Crypto Kid began creating crypto content at 14, and now he’s thinking of taking profits to buy a Ferrari to drive during the bear market. Efe Kelemci better known on YouTube as Crypto Kid is facing a pretty wild decision for an 18-year-old. Should he blow almost a million dollars on a sports car, or hodl? Im thinking, if this bull market is coming to an end, then maybe taking profit into a nice Ferrari could make sense just for passion, the Dubai-based crypto content creator and entrepreneur tells Magazine. Before you roll your eyes, the teenage crypto millionaire swears its about admiring the sports cars beauty, not flexing like a stereotypical flashy crypto bro. Read more
Institutions are exploring blockchain settlement, but they cannot move forward without system-level privacy, says ZKsync developer. Privacy tokens bucked the trend to surge in price and popularity during the recent market slump, but most of the discussion has centered on consumer-facing projects like Zcash. At the same time, banks and financial institutions have been exploring zero-knowledge (ZK) systems that enable private transaction flows on blockchains, a technology known for transparency and immutability. As Alex Gluchowski, CEO of Matter Labs, put it, “There is cypherpunk privacy, which is account-level privacy, and then there is institutional privacy, which is system-level privacy. Institutions need full visibility over their own flows while keeping that data private from everyone else.” Read more
Gianluca Di Bella claimed quantum computing already makes encryption and ZK-proofs vulnerable due to “harvest now, decrypt later” risks. Gianluca Di Bella, a smart-contract researcher specializing in zero-knowledge proofs, said the danger posed by quantum computing isn’t a distant concern; it’s a current one. Speaking to Cointelegraph at the UN City offices in Copenhagen, Denmark, Di Bella said he believes “we should migrate now” to post-quantum encryption standards. The reason, he explained, lies in so-called “harvest now, decrypt later” attacks, where data is collected and stored until future technology makes decryption possible. For instance, if the identity of a dissident in a totalitarian country is protected solely by encryption, they want to ensure that the data will remain safe for 10, 15, 20 or more years into the future. Di Bella said that practical commercial quantum computing might be 10 or 15 years away, but cautioned that “big institutions like Microsoft or Google might have a solution in a few ...
As of 2024, at least one-third of commercial banks were exploring or piloting tokenized deposits, according to a survey by the Bank for International Settlements. Leading financial institutions are continuing to explore blockchain technology to facilitate cheaper and faster institutional payments, signaling a growing interest in tokenization solutions. US investment bank JPMorgan and Singapore multinational banking group DBS announced Tuesday that they are developing a blockchain-based tokenization framework to enable onchain transfers between their deposit token ecosystems. The effort aims to set a new industry standard for cross-bank digital payments. The tokenization framework will allow the two financial institutions to facilitate instant payments around the clock, across both public and permissioned blockchain networks, providing their institutional clients with broader access to cross-bank onchain transactions. Read more
Argentina’s order against Hayden Davis marks the latest move in the $250 million Libra fraud probe now spanning courts in Buenos Aires and New York. Argentina’s federal judiciary ordered a freeze of assets belonging to US promoter Hayden Davis and two alleged intermediaries tied to the collapsed Libra token, deepening an investigation into one of Latin America’s biggest crypto scandals. The order, issued by Judge Marcelo Martínez de Giorgi, reportedly covers digital wallets, bank accounts and real-estate assets of Davis, Argentine operator Orlando Rodolfo Mellino and Colombian trader Favio Camilo Rodríguez Blanco. Prosecutors said the asset freeze was necessary to prevent any transfer of assets that could represent the proceeds of fraud, as investigators work to trace a money trail estimated to be $100 million to $120 million. Read more6074 items