AI Summary
- Iranian crypto exchange Nobitex suffered a significant hack, resulting in a theft of at least $73 million, highlighting vulnerability in security practices within the industry.
- Geopolitical tensions, particularly rising conflicts in the Middle East, have led to a notable dip in cryptocurrency values, with Bitcoin and other major altcoins experiencing price declines as market sentiment turns risk-averse.
- The U.S. Senate has passed the GENIUS Act, a landmark legislation aimed at regulating stablecoins, demonstrating a significant push for clearer regulatory frameworks in the crypto space and potentially strengthening institutional confidence.
- JPMorgan is piloting a USD deposit token, JPMD, on Coinbase's Base blockchain, underscoring banks' increasing involvement in the crypto market and the ongoing evolution of digital asset frameworks.
- A large number of cryptocurrencies, including Ethereum and Cardano, are facing volatility and price corrections driven by selling pressures in broader financial markets, impacting investor sentiment and trading strategies.
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Cointelegraph
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Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT
cointelegraph.com
10 minutes ago
by Cointelegraph by Zoltan Vardai
The Iranian crypto exchange’s wallets were exploited for at least $73 million as attackers used vanity addresses for the theft.
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Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
cointelegraph.com
2 hours ago
by Cointelegraph by Tarang Khaitan
AgriFORCE says it launched a site that uses stranded gas to power 120 Bitcoin mining rigs and will expand to two additional sites in Canada.
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Bitcoin, crypto dip as Trump says Iran’s leader an ‘easy target’
cointelegraph.com
2 hours ago
by Cointelegraph by Ciaran Lyons
The crypto market dropped after US President Donald Trump said he knows where Iran’s leader is hiding and that he is an “easy target.”
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Washington’s second-biggest city, Spokane, bans crypto ATMs
cointelegraph.com
2 hours ago
by Cointelegraph by Martin Young
Spokane City Council has banned crypto ATMs to curb rising scams, giving operators 60 days to remove machines amid concerns over fraud and vul…
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Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
cointelegraph.com
3 hours ago
by Cointelegraph by Stephen Katte
The Archetyp dark web market had over 600,000 users, a total transaction volume of at least $287 million and over 17,000 listings, mainly offe…
CoinDesk
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Ark Invest Dumps Nearly $45M Worth of Circle Shares as U.S. Senate Passes GENIUS Act
coindesk.com
an hour ago
by Sam Reynolds
Markets, Circle, ARK Invest, Ark, Stablecoin, NewsCathie Wood’s Ark Invest sold a combined 300,108 shares of Circle Internet Group CRCL on Tuesday across three of its ETFs, continuing to take …
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Kraken-Backed Ink Foundation to Airdrop INK Token, Starting With Aave-Powered Liquidity Protocol
coindesk.com
2 hours ago
by Shaurya Malwa
Markets, Trading, Kraken, layer 2, NewsThe Ink Foundation, the nonprofit behind layer 2 Ink, is launching its native token INK in an attempt to bootstrap onchain capital markets thr…
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SHIB Long-Short Ratio Slides as Over $1.8M in Bullish Bets Liquidated
coindesk.com
2 hours ago
by AI Boost
Markets, SHIB, Technical Analysis, AI Market Insights, NewsA key indicator is flashing red for shiba inu (SHIB) as the recent price drop to two-month lows has shaken out leveraged bullish bets. The in…
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Bitcoin Traders’ Are Looking at a Key Data Point in Fed Meeting and Its Not Interest Rate Decision
coindesk.com
2 hours ago
by Omkar Godbole
Markets, Bitcoin, Federal Reserve, Top Stories, NewsThe Federal Reserve's (Fed) Open Market Committee, comprising 12 officials, is scheduled to announce its decision on interest rates at 18:00 U…
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Dogecoin Zips Down 7% Amid Low Risk-On Sentiment
coindesk.com
3 hours ago
by Shaurya Malwa
Markets, AI Market Insights, NewsDogecoin tumbled as much as 7.5% in 24 hours, sliding from $0.176 to $0.164 as markets continue to react to rising geopolitical conflict in th…
Decrypt
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Thailand Exempts Crypto Capital Gains to Boost Global Hub Ambitions
decrypt.co
an hour ago
by Vismaya V
Law and OrderDeputy Finance Minister Julapun Amornvivat said Thailand aims to become “one of the world’s financial hubs” with its crypto tax exemption.
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Gemini Files Complaint Against CFTC, Alleges 7-Year 'Lawfare' Campaign
decrypt.co
3 hours ago
by Vismaya V
Law and OrderGemini flagged a whistleblower tied to fraud who may still receive a $1.5 million award, despite an arbitrator ruling he lied to regulators.
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Meta is Attempting to Poach OpenAI Staff With $100M Signing Bonuses: Sam Altman
decrypt.co
3 hours ago
by Vince Dioquino
Artificial IntelligenceOpenAI CEO Sam Altman said Tuesday Facebook parent Meta is attempting to woo his employees with limited success.
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China’s JD Eyes Global Stablecoin Licenses to Slash Payment Costs
decrypt.co
5 hours ago
by Callan Quinn
BusinessChinese e-commerce giant JD.com says it could cut cross-border settlement costs as it plans to acquire stablecoin licenses
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OpenAI Lands Pentagon Deal—Musk’s xAI Left Watching From Sidelines
decrypt.co
7 hours ago
by Jason Nelson
Artificial IntelligenceA new $200 million contract with the Department of Defense puts OpenAI ahead in the race to bring AI to government.
AMBCrypto
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Cardano bulls aim $0.84, but first, ADA must defend THIS support
ambcrypto.com
4 minutes ago
by Evans Boto
News 1, Social, Trading View, Altcoin, News, CardanoRetail and smart money sentiment align, with buy pressure focused near the $0.61 support. Funding Rates rise despite falling Open Interest, sh…
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Bitcoin's next big move? Here's why there's good reason to believe it's coming soon!
ambcrypto.com
an hour ago
by Akashnath S
News 1, Social, Trading View, Bitcoin, News, BTC Trading ViewFall in exchange-directed liquidity showed that seller pressure was limited Permanent BTC holder demand has been growing over the past two mon…
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Tron crypto’s $210M IPO plan – Will it take TRX to the next level?
ambcrypto.com
2 hours ago
by Kelvin Murithi
News 1, Social, Trading View, Altcoin, NewsTron Group plans to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment. TRX’s on-chain activity surged, with …
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Zebec crypto's price struggles at $0.004 – Will support hold on for recovery?
ambcrypto.com
2 hours ago
by Akashnath S
News 1, Social, HideCryptopanic, Trading View, No Homepage, Altcoin, Analysis, NewsZebec crypto maintained its bullish trajectory on the 1-day chart, despite the failed move on Monday The 4-hour chart highlighted a short-term…
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What do Bitcoin's mid-cycle metrics tell us about its next price rally?
ambcrypto.com
3 hours ago
by Evans Boto
News 1, Social, Trading View, Bitcoin, News, BTC Trading ViewIBCI stabilized mid-cycle while the valuation ratios signaled that BTC may be undervalued Miners reduced their sell pressure as Bitcoin's pric…