Bitget Wallet Integrates Aave to Expand Onchain Stablecoin Staking

Victoria, Seychelles, 19 February, 2025 — Bitget Wallet, a leading Web3 non-custodial wallet, has integrated with Aave, one of the largest decentralized lending protocols, to offer a secure onchain staking solution for USDT and USDC stablecoins with 5% APY. This integration lowers the entry barrier for users, allowing them to earn stable returns with minimal … Read more

Coinbase Launches Proof-of-Reserves for cbBTC

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?

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

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

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?

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