The U.S. Treasury Department has argued that the lawsuit challenging its sanctions on crypto mixer Tornado Cash should be dismissed as moot following the protocol’s removal from the sanctions list on March 21. The department maintains that no final court judgment is necessary now that Tornado Cash and several related smart contracts have been delisted...
Since the start of 2025, Bitcoin’s price has dropped by approximately 25%. Despite this downturn, 95% of U.S.-based spot Bitcoin ETF investors are holding their positions, signaling long-term confidence in the market. Bloomberg data shows that while investors face market pressures, they prefer to retain their ETF assets rather than sell, keeping total managed assets...
A large cryptocurrency trader, known as a whale, suffered a staggering $308 million loss after a leveraged Ether position was liquidated, highlighting the risks of high-leverage trading in turbulent market conditions. Blockchain data from Hypurrscan reveals that the unknown trader was liquidated on a 50x leveraged long position, amounting to over 160,234 Ether (ETH), valued...
A sophisticated scam group posing as FTX debt claimants has defrauded two companies of more than $5.6 million, according to a recent report by Inca Digital. The perpetrators allegedly utilized AI-generated identities and gained unauthorized access to bankruptcy records to execute the scheme. The investigation identified the likely culprits as individuals operating under the aliases...
Binance has announced the listing of two new futures contracts, GPSUSDT and SHELLUSDT, with up to 25x leverage. According to the official statement, trading for GPSUSDT will commence at 17:00 UTC, followed by SHELLUSDT at 17:15 UTC. Both digital assets had already been featured on Binance Alpha, a platform highlighting Web3 projects with significant potential....
The Solana blockchain has achieved a significant milestone, with its stablecoin market capitalization exceeding $12 billion. This growth underscores Solana’s expanding influence in the cryptocurrency ecosystem, particularly in decentralized finance (DeFi). Solana began the year with a stablecoin market cap of $5.1 billion and has more than doubled this figure, reaching over $12 billion. This...
The Paris Public Prosecutor’s Office has reportedly launched an investigation into cryptocurrency exchange Binance, scrutinizing its activities between 2019 and 2024 over allegations of money laundering and tax fraud. The probe is being conducted by the economic and financial crime division, with suspicions that some of the funds may be connected to drug trafficking. Additionally,...
Bitcoin Ecosystem Evolves With Expanding DeFi Applications Bitcoin, the oldest and most secure blockchain, has reached new heights, recently surpassing $100,000 and achieving a record market capitalization of over $2 billion. While Bitcoin has long been regarded as digital gold, a wave of innovations is shifting its use case, unlocking untapped liquidity, and driving the...
Uniswap and Ledger Partner to Simplify Token Swaps in Ledger Live Uniswap Labs and Ledger have joined forces to streamline the token trading experience by enabling swaps directly within Ledger Live. This integration allows users to trade on Uniswap while keeping their assets secured by Ledger’s hardware wallets, eliminating the need to leave the Ledger...
Tectum Unveils World’s Fastest Blockchain with Developer-Centric Tools Tectum is poised to launch its highly anticipated layer-1 blockchain, boasting an impressive capacity of 3.5 million transactions per second. Designed to target the decentralized finance (DeFi) community, Tectum’s public blockchain offers unparalleled speed, scalability, and security, aiming to overcome existing barriers in blockchain adoption for both...
