Minimalist News

Simply the latest news, updated on the hour.

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

  1. 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.

  2. 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.

  3. 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.”

  4. 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…

  5. 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…

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CoinDesk

  1. 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, News

    Cathie 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 …

  2. 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, News

    The Ink Foundation, the nonprofit behind layer 2 Ink, is launching its native token INK in an attempt to bootstrap onchain capital markets thr…

  3. 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, News

    A 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…

  4. 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, News

    The Federal Reserve's (Fed) Open Market Committee, comprising 12 officials, is scheduled to announce its decision on interest rates at 18:00 U…

  5. Dogecoin Zips Down 7% Amid Low Risk-On Sentiment coindesk.com 3 hours ago by Shaurya Malwa
    Markets, AI Market Insights, News

    Dogecoin 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…

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Decrypt

  1. Thailand Exempts Crypto Capital Gains to Boost Global Hub Ambitions decrypt.co an hour ago by Vismaya V
    Law and Order

    Deputy Finance Minister Julapun Amornvivat said Thailand aims to become “one of the world’s financial hubs” with its crypto tax exemption.

  2. Gemini Files Complaint Against CFTC, Alleges 7-Year 'Lawfare' Campaign decrypt.co 3 hours ago by Vismaya V
    Law and Order

    Gemini flagged a whistleblower tied to fraud who may still receive a $1.5 million award, despite an arbitrator ruling he lied to regulators.

  3. Meta is Attempting to Poach OpenAI Staff With $100M Signing Bonuses: Sam Altman decrypt.co 3 hours ago by Vince Dioquino
    Artificial Intelligence

    OpenAI CEO Sam Altman said Tuesday Facebook parent Meta is attempting to woo his employees with limited success.

  4. China’s JD Eyes Global Stablecoin Licenses to Slash Payment Costs decrypt.co 5 hours ago by Callan Quinn
    Business

    Chinese e-commerce giant JD.com says it could cut cross-border settlement costs as it plans to acquire stablecoin licenses

  5. OpenAI Lands Pentagon Deal—Musk’s xAI Left Watching From Sidelines decrypt.co 7 hours ago by Jason Nelson
    Artificial Intelligence

    A new $200 million contract with the Department of Defense puts OpenAI ahead in the race to bring AI to government.

More in Decrypt …

AMBCrypto

  1. 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, Cardano

    Retail and smart money sentiment align, with buy pressure focused near the $0.61 support. Funding Rates rise despite falling Open Interest, sh…

  2. 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 View

    Fall in exchange-directed liquidity showed that seller pressure was limited Permanent BTC holder demand has been growing over the past two mon…

  3. 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, News

    Tron 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 …

  4. 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, News

    Zebec crypto maintained its bullish trajectory on the 1-day chart, despite the failed move on Monday The 4-hour chart highlighted a short-term…

  5. 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 View

    IBCI stabilized mid-cycle while the valuation ratios signaled that BTC may be undervalued Miners reduced their sell pressure as Bitcoin's pric…

More in AMBCrypto …
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