Author: John Smith

In this week’s edition of the weekly recap, Bitcoin fell to $63,062 before recovering following explosive strikes in Tehran amid U.S.-Israel operations and Iranian retaliatory missiles. Summary Bitcoin fell to $63K on Tehran strike news before rebounding above $66K. DOJ arrested Goliath Ventures founder over alleged $328M Ponzi scheme. MetaMask launched its self-custodial crypto card across the U.S. In other prominent news, federal authorities arrested Goliath Ventures founder Christopher Alexander Delgado on charges related to an alleged $328 million Ponzi scheme, and MetaMask partnered with Mastercard to launch its self-custodial payment card across the United States. Cryptocurrency markets react to…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Social media platform X, owned by Elon Musk, announced the pre-sale of a new digital currency called Xcoin. The digital asset will be available exclusively through the platform’s newly introduced X Wallet. The company, formerly known as Twitter, is the latest tech giant to expand into digital asset storage and financial services via an integrated payment system and digital wallet designed to transform the platform into an “everything app” by linking to external brokerages for trading.  X.com…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Mutuum Finance raises more than $20.6m as it builds a non-custodial lending protocol on Ethereum. Summary Mutuum Finance raises $20.6m to expand its Ethereum-based non-custodial lending protocol. Mutuum Finance’s V1 protocol goes live on Sepolia testnet, enabling simulated on-chain lending and borrowing. Mutuum’s Sepolia testnet records over $150m in simulated TVL, signaling strong early engagement. Mutuum Finance (MUTM), a new cryptocurrency project building decentralized lending infrastructure on Ethereum, continues expanding its protocol development as fundraising surpasses $20.6 million. The…

OCC’s GENIUS Act rule drafts 100%‑reserved payment stablecoin regime, tightening oversight. Summary Draft rule covers full payment stablecoin lifecycle: issuance, reserves, supervision, and wind-down procedures. Only authorized GENIUS-compliant issuers may serve U.S. users, with 1:1 reserve, capital, liquidity, audit, and custody standards. OCC and NCUA gain direct authority over bank, credit union, and some foreign issuers, while BSA/OFAC rules follow in separate Treasury action. The Office of the Comptroller of the Currency released draft regulations Wednesday outlining how payment stablecoins would be issued, backed, and supervised under federal oversight, according to the agency’s notice of proposed rulemaking. The OCC opened…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Is artificial intelligence going to steal my job? When skeptics first encountered early versions of ChatGPT along with generative photo and video tools, many dismissed the idea that AI could ever replace human workers. Today, the more relevant question is not whether AI will enter the workplace, but whether organizations are prepared for intelligent systems that increasingly operate alongside employees as active participants in daily operations. Today’s work environment emphasizes AI’s role across social platforms, productivity tools,…

Bitcoin ETFs recorded $787.31 million in net inflows for the week ending February 27, reversing the prior week’s $315.86 million in outflows. Summary Bitcoin ETFs posted $787M in weekly inflows, ending four red weeks. Three-day buying wave added $1.02B, led by a $506M peak day. Cumulative net inflows dipped slightly to $54.8B despite rebound. The positive weekly flow came from three consecutive days of strong buying from February 24-26, totaling $1.02 billion, which offset outflows on February 23 and 27. Bitcoin traded at $66,000 with gains of 1.7% over 24 hours following the weekly ETF reversal. The asset traded in…

SPI pegs JPYSC and targets Q2 2026 launch, with 1:1 JPY backing under Japan’s Type III framework for institutional cross-border and treasury payments. Summary JPYSC is a trust bank‑backed yen stablecoin issued by SBI Shinsei Trust, distributed via SBI VC Trade and built by Startale for high‑volume institutional settlements. The token operates as a Type III electronic payment instrument, targeting cross‑border payments, treasury management, tokenized asset settlement, and future AI/agent payments. Launch is planned for Q2 2026 pending regulatory approval, with early interest from banks, financial firms, and large corporates seeking a regulated digital JPY alternative to USD stablecoins. SBI…

Bitcoin fell to $63,062 before recovering to $66,201 following reports of large explosions in Tehran as the United States and Israel launched strikes across Iran. Summary Bitcoin dropped to $63K on Iran strike news before rebounding above $66K. Crypto market lost $128B in panic selling as missiles hit Middle East. UAE intercepted missiles safely as BTC and ETH recovered from lows. Ethereum (ETH) dropped to $1,837 before rebounding to $1,940. As per the data at the time of the attack, the crypto market erased approximately $128 billion in value in the immediate aftermath. Iran launched retaliatory missiles at multiple locations…

Crypto hacks and exploits resulted in approximately $37.7 million in losses during February 2026 and were the lowest monthly figure since March 2025 according to Certik data. Summary Crypto hacks totaled $37.7M in February, lowest since March 2025. Wallet compromises led losses at $16.6M, ahead of phishing and exploits. About 30% of stolen funds were frozen or recovered during February. Phishing attacks accounted for $8.6 million of the total, while wallet compromise led incident categories with $16.6 million in losses. YieldBlox topped individual exploits with $10.6 million stolen, followed by IoTeX at $8.9 million and Foom at $2.3 million. DeFi…

BTC integration plans lift Citigroup’s 2026 crypto custody launch, driven by institutional demand and ETF flows. Summary Citigroup, with about $2.5t in assets, is building BTC infrastructure to link the coin into its existing $30t traditional asset framework for institutional clients. BTC services, including custody, key management, reporting, collateral and portfolio integration, are slated to roll out in 2026 after 2–3 years of internal development and testing. Citi’s move answers growing institutional BTC demand, especially from ETF participants, and aligns with peers exploring stablecoin rails, tokenized deposits and 24/7 blockchain settlement. Citigroup Inc., a banking institution with approximately $2.5 trillion…