Coinbase Launches Proof-of-Reserves for cbBTC

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Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple blockchain networks such as Ethereum or Solana. Displaying live proof of bitcoin in custody gives users confidence that at any given … Read more

Will SEC Adjust Its Stance on Ripple Case?

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The U.S. Securities and Exchange Commission (SEC) is contemplating a delay in the Ripple case, following recent developments in its lawsuits against Coinbase and Binance. The SEC’s recent motions to suspend proceedings in these high-profile cases suggest a potential realignment in the agency’s regulatory approach towards the cryptocurrency sector. Is the SEC Shifting Its Regulatory … Read more

As ETH Faces Uncertainty, Top Investors Are Set for 9900% Gains with This New Altcoin

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Ethereum’s price is struggling to recover as hedge funds pile into record-breaking short positions, with bearish bets surging 500% since November 2024. Data from the CME reveals futures contracts have hit a peak of 11,341, the highest ever recorded for ETH. Despite Bitcoin’s 100% rally since early 2024, Ethereum has crawled forward by just 3.5%, … Read more

Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining

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Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in … Read more

Will Ethereum’s Price Continue to Drop?

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Ethereum (ETH), the prominent altcoin in terms of market cap, is grappling with a significant downturn as the new year commences with marked losses. In the past 24 hours, ETH has seen a depreciation of 3.5%, now valued at $2,620. Increased selling pressure has nudged the price closer to vital support thresholds, prompting concerns about … Read more

Franklin Templeton Expands $594M Money Fund to Solana and Bolsters Institutional Adoption

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Franklin Templeton’s decision to expand its $594 million OnChain Money Market Fund to Solana is a big step toward bringing institutional finance into blockchain.  As major financial firms turn to Solana’s fast and efficient network, new projects like PlutoChain ($PLUTO) are getting ready to tackle other challenges. With 2-second block time and built-in DeFi features, … Read more

Will Litecoin Continue Its Winning Streak?

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In a turbulent market for cryptocurrencies, Litecoin (LTC) is making headlines with a notable rise. As of February 19, 2025, while leading currencies like Bitcoin (BTC) and Ethereum (ETH) are facing downward trends, Litecoin has captivated market attention, climbing past the $128.20 mark. What Fuels Litecoin’s Surge?Can Litecoin Break Through Key Resistance Levels? What Fuels … Read more

Libra’s Hayden Davis Says He Sent Money to Javier Milei’s Sister

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Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted Kelsier $100 million and landed Javier Milei in serious political trouble including a … Read more