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Found 7246 news

  • How a single copy-paste mistake cost a user $50M in USDt
    Cointelegraph.com - 10:09 Dec 20, 2025
    A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users. A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in a classic address poisoning attack. According to onchain investigator Web3 Antivirus, the victim lost 49,999,950 USDt (USDT) after copying a malicious wallet address from their transaction history. Address poisoning scams rely on look-alike wallet addresses being inserted into a victim’s transaction history via small transfers. When victims later copy an address from their transaction history, they may unknowingly select the scammer’s lookalike address instead of the intended recipient. Read more
    Tags: USDt
  • Fundstrat’s circulating 2026 crypto outlook warns of pullback, contrasting Tom Lee
    Cointelegraph.com - 07:38 Dec 20, 2025
    A circulating report attributed to Fundstrat warns of a potential crypto drawdown in early 2026, setting downside targets for Bitcoin, Ether and Solana. A circulating report attributed to Fundstrat Global Advisors has outlined a bearish outlook for cryptocurrencies that appears to clash with Tom Lee’s recent public comments. According to screenshots shared on X, the document, which appears to be Fundstrat’s internal 2026 crypto strategy guidance, warns of a “meaningful drawdown” in the first half of 2026. The report sets downside targets of Bitcoin (BTC) falling to $60,000–$65,000, Ether (ETH) dropping to $1,800–$2,000, and Solana (SOL) declining to $50–$75 before potentially presenting buying opportunities later in the year. The material has not been publicly released by Fundstrat, and its authenticity has not been independently confirmed by Cointelegraph at the time of publication. However, multiple crypto-focused accounts, including Wu Blockchain, claim the document was distributed to internal clients. Rea...
  • Fundstrat’s circulating 2026 crypto outlook warns of pullback, contrasting Tom Lee
    Cointelegraph.com - 07:38 Dec 20, 2025
    A circulating report attributed to Fundstrat warns of a potential crypto drawdown in early 2026, setting downside targets for Bitcoin, Ether and Solana. A circulating report attributed to Fundstrat Global Advisors has outlined a bearish outlook for cryptocurrencies that appears to clash with Tom Lee’s recent public comments. According to screenshots shared on X, the document, which appears to be Fundstrat’s internal 2026 crypto strategy guidance, warns of a “meaningful drawdown” in the first half of 2026. The report sets downside targets of Bitcoin (BTC) falling to $60,000–$65,000, Ether (ETH) dropping to $1,800–$2,000, and Solana (SOL) declining to $50–$75 before potentially presenting buying opportunities later in the year. The material has not been publicly released by Fundstrat, and its authenticity has not been independently confirmed by Cointelegraph at the time of publication. However, multiple crypto-focused accounts, including Wu Blockchain, claim the document was distributed to internal clients. Rea...
  • Adam Back slams Bitcoiner VC for ‘uninformed noise’ about quantum risk
    Cointelegraph.com - 05:21 Dec 20, 2025
    Blockstream CEO Adam Back said that Castle Island Ventures founding partner Nic Carter is “not helping” the ongoing quantum-Bitcoin narrative for Bitcoiners. Blockstream CEO Adam Back has criticized Castle Island Ventures founding partner Nic Carter for amplifying concerns about quantum computing threats to Bitcoin. “You make uninformed noise and try to move the market or something. You’re not helping,” Back said in an X post on Friday, after Carter explained in an X post why Castle Island Ventures invested in Project Eleven, a startup focused on protecting Bitcoin and other crypto assets from the threat of quantum computing. Back said the Bitcoin community is not in denial about the need to research and develop protections against potential quantum computing threats, but is instead doing that work “quietly.” However, Carter refuted Back’s comment, arguing that many Bitcoin developers are still in “total denial” about the risk of quantum computing to Bitcoin. Read more
  • Adam Back slams Bitcoiner VC for ‘uninformed noise’ about quantum risk
    Cointelegraph.com - 05:21 Dec 20, 2025
    Blockstream CEO Adam Back said that Castle Island Ventures founding partner Nic Carter is “not helping” the ongoing quantum-Bitcoin narrative for Bitcoiners. Blockstream CEO Adam Back has criticized Castle Island Ventures founding partner Nic Carter for amplifying concerns about quantum computing threats to Bitcoin. “You make uninformed noise and try to move the market or something. You’re not helping,” Back said in an X post on Friday, after Carter explained in an X post why Castle Island Ventures invested in Project Eleven, a startup focused on protecting Bitcoin and other crypto assets from the threat of quantum computing. Back said the Bitcoin community is not in denial about the need to research and develop protections against potential quantum computing threats, but is instead doing that work “quietly.” However, Carter refuted Back’s comment, arguing that many Bitcoin developers are still in “total denial” about the risk of quantum computing to Bitcoin. Read more
  • Bitcoin rallies thwarted by fading Fed rate cut odds, softening US macro
    Cointelegraph.com - 02:42 Dec 20, 2025
    Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer assets. Key takeaways: Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer assets, reducing interest in Bitcoin. Economic weakness in Japan and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term. Read more
    Tags: Bitcoin
  • Bitcoin rallies thwarted by fading Fed rate cut odds, softening US macro
    Cointelegraph.com - 02:42 Dec 20, 2025
    Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer assets. Key takeaways: Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer assets, reducing interest in Bitcoin. Economic weakness in Japan and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term. Read more
    Tags: Bitcoin
  • Altcoin season never ended, traders just missed the winners: Hayes
    Cointelegraph.com - 02:14 Dec 20, 2025
    As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.” While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along. “There is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s] because you didn’t own what went up,” Hayes said during a podcast interview published to YouTube on Thursday. Hayes said many traders are still expecting altcoin season to play out the same way it did in previous years, assuming the same cryptocurrencies and narratives will repeat. “You wanted it to be like last altcoin season, because then you felt like you knew what you had to do,” Hayes said. Read more
    Tags: Hayes
  • Altcoin season never ended, traders just missed the winners: Hayes
    Cointelegraph.com - 02:14 Dec 20, 2025
    As market participants continue to speculate on when altcoin season will arrive, BitMEX co-founder Arthur Hayes argued there is “always an altcoin season happening.” While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along. “There is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s] because you didn’t own what went up,” Hayes said during a podcast interview published to YouTube on Thursday. Hayes said many traders are still expecting altcoin season to play out the same way it did in previous years, assuming the same cryptocurrencies and narratives will repeat. “You wanted it to be like last altcoin season, because then you felt like you knew what you had to do,” Hayes said. Read more
    Tags: Hayes
  • US Clarity Act unlikely to be ‘world-shaking’ for Bitcoin’s price: Brandt
    Cointelegraph.com - 22:36 Dec 19, 2025
    Veteran trader Peter Brandt said that the US Clarity Act will be a positive for the industry, but probably won’t “redefine” Bitcoin’s price. Veteran trader Peter Brandt said the potential passage of the US Clarity Act is unlikely to have a significant impact on Bitcoin’s price, after indications that it could pass Congress as soon as January. “Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value,” Brandt told Cointelegraph on Friday. “Having an asset regulated, particularly an asset for which die-hard investors never wanted to be regulated, is not an earth-shattering event,” he added. His comments came after White House crypto and AI czar David Sacks said on Thursday, ”We are closer than ever to passing the landmark crypto market structure legislation.” Read more
  • US Clarity Act unlikely to be ‘world-shaking’ for Bitcoin’s price: Brandt
    Cointelegraph.com - 22:36 Dec 19, 2025
    Veteran trader Peter Brandt said that the US Clarity Act will be a positive for the industry, but probably won’t “redefine” Bitcoin’s price. Veteran trader Peter Brandt said the potential passage of the US Clarity Act is unlikely to have a significant impact on Bitcoin’s price, after indications that it could pass Congress as soon as January. “Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value,” Brandt told Cointelegraph on Friday. “Having an asset regulated, particularly an asset for which die-hard investors never wanted to be regulated, is not an earth-shattering event,” he added. His comments came after White House crypto and AI czar David Sacks said on Thursday, ”We are closer than ever to passing the landmark crypto market structure legislation.” Read more
  • SEC confirms years-long director bans for former Alameda, FTX executives
    Cointelegraph.com - 21:30 Dec 19, 2025
    In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had consented to a officer-and-director bar, preventing her from leading any companies for 10 years. Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment. In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022.  The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each. All three are also subject to five-year ”conduct-based injunctions,” according to the SEC. Read more
    Tags: Alameda
  • SEC confirms years-long director bans for former Alameda, FTX executives
    Cointelegraph.com - 21:30 Dec 19, 2025
    In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had consented to a officer-and-director bar, preventing her from leading any companies for 10 years. Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment. In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022.  The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each. All three are also subject to five-year ”conduct-based injunctions,” according to the SEC. Read more
    Tags: Alameda
  • Pro-crypto US Senator Lummis won’t seek reelection in 2026
    Cointelegraph.com - 21:17 Dec 19, 2025
    Cynthia Lummis is one of the key Republicans responsible for pushing members of Congress to pass a crypto market structure bill under consideration in the Senate. Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027. In a Friday X post, Lummis announced that she would not seek reelection to the Senate in 2026. She was elected to a six-year term and assumed office in January 2021, quickly establishing herself as a blockchain and Bitcoin-focused politician who later aligned with US President Donald Trump’s crypto agenda. “Deciding not to run for reelection does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not have six more years in me,” said Lummis. “I am a devout legislator, but I feel like a sprinter in a marathon. The energy required doesn’t match up.” Read more
  • Pro-crypto US Senator Lummis won’t seek reelection in 2026
    Cointelegraph.com - 21:17 Dec 19, 2025
    Cynthia Lummis is one of the key Republicans responsible for pushing members of Congress to pass a crypto market structure bill under consideration in the Senate. Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027. In a Friday X post, Lummis announced that she would not seek reelection to the Senate in 2026. She was elected to a six-year term and assumed office in January 2021, quickly establishing herself as a blockchain and Bitcoin-focused politician who later aligned with US President Donald Trump’s crypto agenda. “Deciding not to run for reelection does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not have six more years in me,” said Lummis. “I am a devout legislator, but I feel like a sprinter in a marathon. The energy required doesn’t match up.” Read more
  • Blockchain Association says no to expanding stablecoin yield prohibition
    Cointelegraph.com - 21:04 Dec 19, 2025
    Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say. The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders. Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market concentration,” the letter said. The letter compared the rewards offered by crypto platforms to those offered by credit card companies, banks and other traditional payment providers. Read more
  • Blockchain Association says no to expanding stablecoin yield prohibition
    Cointelegraph.com - 21:04 Dec 19, 2025
    Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say. The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders. Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market concentration,” the letter said. The letter compared the rewards offered by crypto platforms to those offered by credit card companies, banks and other traditional payment providers. Read more
  • Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab
    Cointelegraph.com - 21:00 Dec 19, 2025
    FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves. Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approval to issue payment stablecoins under the GENIUS Act, a move that could reshape who gets to mint digital dollars and under what rules. That same push toward institutionalization is also evident elsewhere in the crypto business landscape. Despite Bitcoin’s (BTC) lackluster performance, corporate treasuries are still in accumulation mode, with American Bitcoin vaulting past ProCap in the race to stack BTC.  Read more
  • Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab
    Cointelegraph.com - 21:00 Dec 19, 2025
    FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves. Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approval to issue payment stablecoins under the GENIUS Act, a move that could reshape who gets to mint digital dollars and under what rules. That same push toward institutionalization is also evident elsewhere in the crypto business landscape. Despite Bitcoin’s (BTC) lackluster performance, corporate treasuries are still in accumulation mode, with American Bitcoin vaulting past ProCap in the race to stack BTC.  Read more
  • Galaxy predicts stablecoins will overtake ACH transaction volume in 2026
    Cointelegraph.com - 20:46 Dec 19, 2025
    In its annual predictions report, Galaxy’s analysts said onchain dollar transfers could process more volume next year than the US bank system that handles payroll and bill payments. Stablecoins could process more transaction volume than the US Automated Clearing House system in 2026, as regulatory clarity and rising adoption expand their usage, according to a new forecast. Galaxy Research, the research arm of digital asset company Galaxy Digital, pointed to existing transaction data and regulatory developments to support its prediction, noting that “stablecoin transactions already eclipse major credit card networks such as Visa and now process roughly half the transaction volume of the automated clearing house (ACH) system.” Thad Pinakiewicz, vice president of research, said stablecoin supply has continued to grow at a 30%–40% compound annual growth rate, with transaction volumes rising alongside issuance. Galaxy also cited the expected implementation of definitions under the GENIUS Act in early 2026 as a fac...
    Tags: Galaxy

7246 items