Author: John Smith
Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in outflows from the funds seen the previous day. Fidelity’s FBTC led the outflows for the second day with $43.63 million leaving the fund. Franklin Templeton’s EZBC, Invesco Galaxy’s BTCO, Bitwise’s BITB and WisdomTree’s BTCW also contributed to the negative momentum with reported outflows…
The Pi Network’s native token is set to list on OKX starting from Feb. 20, however users have raised concerns regarding potential trading risks. In a recent announcement, the crypto exchange OKX declared that it will be adding PI to its platform’s spot trading markets. Users can start depositing PI as early as Feb. 12 at 2:45 UTC. Spot trading will officially begin on Feb. 20 at 8:00 UTC, while withdrawals for PI will start on Feb. 21 at 8:00 UTC. The Pi Network is a platform that enables users to mine Pi coins using a mobile app. The project’s…
Nearly a third of central banks have delayed CBDC rollouts, but 75% still plan to issue one, a survey finds. A new survey from the Official Monetary and Financial Institutions Forum and Giesecke+Devrient shows that 67% of central banks haven’t changed their stance on CBDCs, even as nearly 30% have pushed back their timelines. But some hesitation is growing as15% are now less inclined to issue one, up from 0% in 2022, Reuters notes. The survey highlights a “clear hesitancy around the subject,” adding that “very few (central banks) have so far taken the decision to issue, despite a great…
Law enforcement in Phuket has arrested four hackers suspected of orchestrating ransomware attacks on Swiss firms and stealing millions in cryptocurrency. The accused, all Russian nationals, reportedly deployed ransomware on the networks of 17 Swiss companies between April 2023 and October 2024, a Feb. 10 report from local media outlet The Nation Thailand said. For those unaware, ransomware attacks involve hackers locking up a victim’s data and demanding a payout—usually in crypto—to restore access. In this case, the hackers allegedly used the Phobos malware, the report added. The accused were reportedly part of the Russian ransomware group 8Base and were…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, priced at $0.006, is integrating AI with blockchain to enhance Solana’s scalability and efficiency, potentially driving new advancements in decentralized applications. Lightchain AI, currently priced at $0.006, is emerging as a transformative force within the Solana ecosystem. By integrating artificial intelligence with blockchain technology, it introduces smart solutions that enhance scalability and efficiency. This synergy not only complements Solana’s existing infrastructure but also addresses its limitations, offering a pathway to more advanced decentralized applications. As the crypto…
Former CFTC Commissioner Brian Quintenz is set to lead the agency again, signaling a shift in crypto regulation under the Trump administration. Brian Quintenz, a former commissioner at the Commodity Futures Trading Commission, is expected to return as chairman following his selection by U.S. President Donald Trump, according to Bloomberg. If confirmed, he would serve a term running until April 13, 2029, returning to the agency at a time when crypto regulation is a central issue in financial policy. His nomination aligns with broader efforts by the Trump administration to reshape regulatory oversight of digital assets and derivatives markets. Quintenz…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum approaches $3,000 while Cardano declines and Rollblock sees a 420% surge, here’s what’s happening. Ethereum (ETH) іs pushing toward the $3,000 mark, but can іt break through? Meanwhile, Cardano(ADA) has struggled, dropping 35% іn the last 30 days as investors look for better opportunities. Meanwhile, Rollblock (RBLK) is surging 420% as its GambleFi platform gains momentum. With Ethereum aiming higher, ADA slipping, and Rollblock skyrocketing, the market is heating up. Here’s what’s happening. Rollblock is aiming for big…
BNB Chain outlines its 2025 vision, integrating AI for smart contract automation, scaling up to 100M TPS, and addressing MEV exploits with stronger security. BNB Chain has unveiled its tech roadmap for 2025, outlining plans to integrate artificial intelligence into key areas of the network while enhancing transaction speeds and security. Originally developed by Binance, the blockchain aims to reduce transaction latency to sub-second speeds, introduce gasless transactions, and scale up to process 100 million transactions per day. Alongside these upgrades, the network is also addressing long-standing security issues, particularly those related to maximal extractable value exploits. The announcement, made…
In an exclusive interview with crypto.news, Bitstamp US chief executive shares his view on how MiCA could pave the way for similar regulatory frameworks in the U.S. The European Union’s landmark regulation for the increasingly high-profile crypto sector came into full force in late December 2024. The Markets in Crypto-Assets Regulation — simply known as MiCA — is a set of rules designed to regulate the crypto market across E.U. member states. For example, it requires crypto businesses to get licenses to operate throughout the E.U., sets up rules to protect consumers, and lays out how stablecoins should be issued.…
Toncoin price moved sideways after the TON Blockchain suffered a major setback last week when Tapswap selected another blockchain for its airdrop. Toncoin (TON) token was trading at $3.8515 on Tuesday, 55% below its all-time high. This decline has brought its market cap to $9.5 billion, making it the 16th largest cryptocurrency in the industry. TON faced a significant setback after Tapswap, a leading player in its tap-to-earn ecosystem, selected BSC Chain for its airdrop. In a note, the developers justified the decision by pointing to BNB’s larger ecosystem, lower transaction costs, and greater user base. DeFi Llama data shows…