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A South Korean exchange is seeking to recover 7 BTC after a mistaken distribution triggered losses and regulatory scrutiny. The legal move marks one of the largest operational failures tied to internal controls in a centralized crypto platform. Bithumb has initiated court proceedings to freeze user accounts linked to the
Cryptocurrency
Ant Group has secured a 50.55% controlling stake in Hong Kong-listed Yau Choy Securities for $360 million. The acquisition positions the fintech giant inside a regulated brokerage as Hong Kong advances stablecoin and virtual asset frameworks. The deal was executed through Shanghai Yunjin Information Technology, an entity linked to
Cryptocurrency
An early bitcoin holder moved 500 BTC worth about $33 million to Binance, extending a steady flow of coins to exchanges. The transfers suggest continued distribution from a wallet that accumulated bitcoin more than a decade ago. Blockchain data from Arkham Intelligence shows the same entity has now sent roughly
Cryptocurrency
A tentative White House-backed deal on stablecoin rewards has revived momentum for the stalled CLARITY Act. The agreement reduces a core friction between banks and crypto firms, but time constraints now define the bill’s path forward. Lawmakers including Senators Thom Tillis and Angela Alsobrooks reached the March 2026 compromise
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Crypto trading volume on Robinhood reached $25 billion in February. The figure marks a 9% increase from January and a 74% jump compared with the same period last year. The activity follows January’s $22.9 billion in crypto notional volume, giving the platform two consecutive months of growth to
Cryptocurrency
Grayscale Investments listed a new Avalanche staking exchange-traded fund on Nasdaq Wednesday. The product introduces direct exposure to the Avalanche token while generating yield through on-chain staking. The fund trades under the ticker GAVA. It holds AVAX directly and stakes those tokens through the Avalanche proof-of-stake network to capture staking
Cryptocurrency
Bitcoin slid to about $68,200 on Tuesday, down roughly 4% in 24 hours. The pullback reflects a broader retreat in risk assets as investors digest geopolitical tensions, stubborn inflation signals, and a weakening U.S. dollar. U.S. equities opened lower across the board. The Dow Jones Industrial Average
Cryptocurrency
A new exchange-traded fund tied to Polkadot has begun trading in the United States, marking the first spot ETF in the country to track the blockchain network’s native token. Issued by 21Shares, the fund debuted on the Nasdaq on Friday under the ticker TDOT with an initial seed investment
Cryptocurrency
American Bitcoin will increase its owned hashrate to approximately 28.1 exahash per second following the purchase of 11,298 additional ASIC miners. The expansion represents an anticipated 12% increase in capacity as the company doubles down on a scaled self-mining strategy. The newly acquired machines add about 3.05
Cryptocurrency
A consortium of 12 European banks is targeting a second-half 2026 launch for a euro-backed stablecoin. The coordinated effort marks one of the region’s most direct attempts to challenge the dominance of dollar-pegged digital tokens. The initiative, known as Qivalis, includes CaixaBank, BNP Paribas, ING, UniCredit, and BBVA, alongside
Cryptocurrency
X will again permit paid cryptocurrency promotions, reversing a 2024 prohibition that placed financial products in a restricted category. The shift reopens a major distribution channel for token projects and exchanges seeking retail visibility. Under the platform’s updated paid partnership policy, creators may publish crypto-related promotional content if they
Cryptocurrency
The crypto Fear and Greed Index fell to 10 on Tuesday from 12 a day earlier as Middle East tensions intensified. The drop signals deep risk aversion across digital asset markets at a time when macro catalysts remain unresolved. Sentiment weakened as Iran conducted military drills that temporarily shut the