Author: John Smith
The crypto market continued its downtrend on Friday as hopes of peace in the U.S. and Iran faded following a breakdown in diplomatic talks. Summary Crypto market extended losses as fading U.S.–Iran peace hopes pushed Bitcoin below key support and triggered nearly $300 million in liquidations. Escalating Middle East tensions and surging oil prices fueled inflation fears, raising expectations of tighter Federal Reserve policy. Investors rotated into safe-haven assets like gold while equities and crypto-related stocks declined amid a broader risk-off sentiment. Bitcoin (BTC), the world’s largest crypto asset, lost the $70,000 psychological support, falling to $68,560 at press time,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto scams surge as AI-powered fraud and fake exchanges exploit urgency and weak user verification. Summary Crypto scams surge as fake exchanges and AI fraud exploit urgency, costing users billions in stolen funds. Not all exchangers are equal — grey-zone platforms pose risks with unclear rules, weak support, and opaque processes. Safe crypto use starts with verification; users must assess risk, payment methods, and urgency before transactions. The crypto exchange market looks deceptively simple until funds are drained. Fake…
NYSE CPO Jon Herrick says blockchain should plug into existing rails like central clearing, as ICE’s OKX deal and SEC moves on tokenized stocks redraw market structure. Summary NYSE Chief Product Officer Jon Herrick said at the New York Digital Assets Summit on March 26 that the exchange’s strategy centers on blockchain “interoperability” with existing market infrastructure, not wholesale replacement of it. Herrick emphasized that legacy mechanisms like central clearing retain irreplaceable risk management value and predicted the boundary between traditional and tokenized assets could disappear within the next decade. The comments land weeks after NYSE parent Intercontinental Exchange (ICE)…
Tether has launched XAU₮ on BNB Chain and Binance, extending its 60% share of a $4b tokenized gold market across 12+ networks via the USDt0 cross-chain system. Summary Tether’s gold-backed token XAU₮ is now live on BNB Chain, bringing the product to the world’s largest cryptocurrency exchange ecosystem and expanding its cross-chain reach to over 12 blockchains via the USDt0 network. The gold-backed stablecoin market grew from roughly $1.3 billion to over $4 billion in 2025, with XAU₮ commanding approximately 60% of total supply. Binance simultaneously listed XAUt on March 26, offering spot trading, 1–50x USDT perpetual contracts, VIP borrowing,…
The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network, freezing London assets ahead of June’s Illicit Finance Summit. Summary The UK sanctioned Xinbi — the first country to do so — after Chainalysis data showed it processed over $19.9 billion in illicit transactions between 2021 and 2025. Sanctions also target the operator of Cambodia’s “#8 Park” scam compound, believed to house up to 20,000 trafficked workers, along with multiple frozen London properties. The action precedes the UK’s Illicit Finance Summit in June, where officials plan to push for greater…
An attacker spent about $1,800 on MFAM to push a malicious Moonwell proposal that could seize control of seven markets and $1.08m in assets, testing its veto and governance defenses. Summary An unknown attacker spent just $1,800 to acquire 40 million MFAM tokens and push a malicious governance proposal through quorum in roughly 11 minutes on Moonwell’s Moonriver deployment. The proposal, if executed, would transfer admin control of seven lending markets, the comptroller, and the oracle to an attacker-controlled contract, exposing approximately $1.08 million in user funds. Moonwell retains an emergency veto mechanism — the “Break Glass Guardian” multisig —…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. We began our new Outset Data Pulse analysis expecting 12 years of headline data to confirm a familiar belief in crypto: that news moves markets, and that faster headlines give you an edge. But what the findings showed instead was more unsettling: most of the time, price seems to move first, and the headline comes later to explain it. That’s not to say that “news doesn’t matter.” It’s closer to saying we’ve been treating it as the…
XRP exchange-traded funds are pulling in fresh capital at a pace that puts them at odds with the rest of the market, as investors rotate out of gold and silver ETFs while keeping steady allocations to Bitcoin products amid geopolitical tensions and higher rates. Summary XRP spot ETFs have amassed about $1.4 billion in net inflows since launch in November 2025, even as XRP’s price slid more than 30% from recent highs. By contrast, gold ETFs have seen nearly $11 billion in outflows in three weeks, while silver products also bled capital as rising rates and a stronger dollar pressured…
Mezo will stream 2.25% of MEZO supply to Aerodrome’s veAERO voters over 30 days, betting Base’s vote-escrow whales can bootstrap deep MEZO and MUSD liquidity for Bitcoin DeFi. Summary Mezo will route 2.25% of MEZO supply to Aerodrome’s veAERO voters over 30 days to seed MEZO and MUSD liquidity on Base. The campaign follows Mezo’s “Bring Bitcoin Home” push, which migrated roughly $23 million in BTC assets and helped lift its TVL to about $76.3 million. By plugging into Aerodrome’s vote-escrow flywheel, Mezo is betting Bitcoin can host the same deep, incentive-driven liquidity that has made Base one of DeFi’s…
Better Home & Finance and Coinbase are preparing a new mortgage product tied to Fannie Mae-backed loans, according to a Wall Street Journal report published on March 26. Summary Better and Coinbase plan a mortgage product that lets homebuyers use crypto holdings as collateral. The reported structure would combine a standard mortgage with a separate loan backed by crypto. Current Fannie Mae rules require crypto conversion to dollars, making this product a policy shift. The product would let some homebuyers use crypto as collateral instead of selling those holdings before closing. The report said the new offer would allow buyers…