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Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68 - CurrencyCrypt
The Synthetix team told Cointelegraph it has short, medium and long-term plans to mitigate risks as its sUSD stablecoin remains depegged. The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn’t the first time the
What is Bitcoinlib, and how did hackers target it? - CurrencyCrypt
Hackers exploited the popular Bitcoinlib library by uploading fake packages to PyPI, aiming to steal sensitive data. Bitcoinlib is an open-source Python library designed to make Bitcoin development easier. Think of it as a toolbox for programmers who want to create Bitcoin wallets, manage transactions, or build apps that interact with the Bitcoin blockchain. Since
Crypto rug pulls have slowed, but are now more devastating: DappRadar - CurrencyCrypt
DappRadar analyst Sara Gherghelas says most rug pulls in 2025 so far have been tied to memecoins, while in 2024 the main culprits were DeFi protocols and NFT projects. There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of
Media mogul hits Justin Sun with countersuit in $78M sculpture dispute - CurrencyCrypt
Billionaire American film producer and collector David Geffen said Sun’s suit was a “sham” and a fraudulent scheme to claim ownership. American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed
Manta founder details attempted Zoom hack by Lazarus that used very real ‘legit faces’ - CurrencyCrypt
Manta Network co-founder Kenny Li said he managed to avoid a hack attempt possibly conducted by North Korea’s state-affiliated cyber-attackers. Manta Network co-founder Kenny Li says he was targeted by a highly sophisticated phishing attack on Zoom that used live recordings of familiar people in an attempt to have him download malware. The meeting seemed
US court pauses 18-state lawsuit against SEC after agency’s leadership change - CurrencyCrypt
The Securities and Exchange Commission said in March that the case could potentially be resolved under its new leadership. A US federal judge has agreed to pause a lawsuit filed by 18 state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission after all parties said new SEC
Quantum Computing Group Offers 1 BTC to Whoever Breaks Bitcoin’s Cryptographic Key - CurrencyCrypt
Project Eleven, a quantum computing research and advocacy firm, has launched the Q-Day Prize, a global competition offering 1 bitcoin (BTC) to the first team able to break an elliptic curve cryptographic (ECC) key, the cryptography which secures the Bitcoin network, using Shor’s algorithm on a quantum computer. Shor's algorithm is a quantum computing method
Bitcoin online chatter flips bullish as price chops at $85K: Santiment - CurrencyCrypt
Santiment’s Bitcoin social media sentiment tracker has flipped bullish as the cryptocurrency continues to fluctuate around the $85,000 price level. The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will
Russia finance ministry official floats country making own stablecoins: Report - CurrencyCrypt
The deputy head of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, has reportedly said the country should be developing its own stablecoins. A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities
SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes - CurrencyCrypt
Crypto markets steadily rose in Asian morning hours Thursday after a sell-off the night before as Fed chair Jerome Powell dashed hopes of early rate cuts as global markets reel from the impact of newly-levied U.S. tariffs. Bitcoin (BTC) added 2% in the past 24 hours, data from CoinGecko shows, touching nearly $84,500. Ether (ETH),
Chipmaker stocks slide as Nvidia faces $5.5B charge with US restrictions - CurrencyCrypt
Nvidia shares fell 6% after-hours after revealing it faces expensive restrictions on exporting its AI chips to China, which could leave it facing $5.5 billion in charges. Chipmaking giants Nvidia and AMD have seen their share prices slide in after-hours trading after Nvidia said US restrictions on artificial intelligence chips to China would cause it
Dogecoin Whales Accumulate, SOL Hints at Consolidation as Market Takes a Breather - CurrencyCrypt
Bitcoin (BTC) and major cryptocurrencies fell over 3% as profit-taking followed Tuesday's rally. Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200 a day earlier. Ether (ETH) and Cardano’s ADA fell as much as 5% to lead losses among majors. The cryptocurrency
How trade wars impact stocks and crypto - CurrencyCrypt
Trade wars rattle traditional markets, driving stock volatility and investor flight to safe havens. Crypto often sees a boost as an alternative asset, but it is not without risks. On April 2, 2025, President Donald Trump declared a national economic emergency and announced sweeping new import tariffs. Dubbed “Liberation Day,” the policy set a baseline
Bitcoin’s wide price range to continue, no longer a ‘long only’ bet — Analyst - CurrencyCrypt
Bitcoin’s rally over the past year has not been driven “by typical crypto-bro speculation,” says 10x Research’s Markus Thielen. Bitcoin could be heading into another extended consolidation phase, with short-term indicators suggesting a more bearish outlook, contrary to the broader crypto community’s view, according to the head of research at 10x Research. While many crypto
Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF - CurrencyCrypt
Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday’s rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations. Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200 a day earlier. Ether (ETH) and
Japanese Bonds Stir Unease as Bitcoin Recovers From Last Week’s Tariff Panic - CurrencyCrypt
Trading in financial markets feels like dodging a barrage of stones, each demanding constant vigilance and agility. Just as bitcoin (BTC) and traditional risk assets stabilize after last week's Trump tariff-led panic, unsettling movements in Japanese bonds emerge, throwing a spanner into the mix. The yield on the 30-year Japanese government bonds rose to 2.88%
Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin - CurrencyCrypt
Northern Mariana Islands Governor Arnold Palacios has vetoed a bill that would have allowed a local government in the US territory to launch its own stablecoin. The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local
Ethereum could be AI’s key to decentralization, says former core dev - CurrencyCrypt
Ethereum’s transparent smart contracts could address the “black box” problem of Big Tech controlling AI, said Eric Connor. There is a “huge opportunity” for Ethereum to become a decentralized partner in solving current problems with artificial intelligence platforms, according to a former core Ethereum developer. Ethereum’s “biggest mainstream moment is waiting in the wings with
DEX KiloEx Loses $7M in Apparent Oracle Manipulation Attack - CurrencyCrypt
KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million. The exploit unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platform’s price oracle system, per blockchain analysis firm Cyvers. An attacker, using
Story’s IP Swings 20% in Volatile Trading Session - CurrencyCrypt
Story Protocol’s IP tokens slumped 20% and retraced the entire move within hours late Monday in an unusual trading session. IP fell from nearly $4 to $3.27 in a four-hour period, jumping back to over $4 in a couple of hours after hitting the daily low. The majority of the trading volume during this event
Mechanism Capital founder doubles Bitcoin position with a $200M long - CurrencyCrypt
Mechanism Capital founder Andrew Kang has put another $100 million bet that Bitcoin will gain in price, doubling a bet from days earlier. Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows.
What happens to a blockchain when nobody uses it? - CurrencyCrypt
A blockchain with no users is more than just quiet — it can become vulnerable, unsecure and economically irrelevant. Here’s what really happens when the network goes silent. Blockchains can die from flawed tokenomics, scams, security issues or lack of community and development momentum. Without active participation, even cutting-edge technology gathers dust. Ever heard of
Metaplanet Becomes 9th Largest Public Bitcoin Holder With Latest BTC Buy - CurrencyCrypt
Metaplanet Inc. (3350) added 319 bitcoin (BTC) to its treasury. The Japanese firm made its latest buy at an average price $83,147) per coin. This latest purchase brings the company's total bitcoin holdings to 4,525 BTC, with an aggregate cost basis of $408.1 million and an average acquisition price of $90,194. This move is part
How to build an AI crypto trading bot with custom GPTs - CurrencyCrypt
Combine the reasoning power of GPTs with trading automation. Build an AI crypto bot that understands market trends and acts on your strategy. AI is transforming how people interact with financial markets, and cryptocurrency trading is no exception. With tools like OpenAI’s Custom GPTs, it is now possible for beginners and enthusiasts to create intelligent
Bitcoin Options Play Shows $100K Target Back in Bulls’ Crosshair - CurrencyCrypt
Bullish bitcoin (BTC) options strategies are becoming popular again, stabilizing a crucial sentiment indicator that indicated panic early last week. BTC has bounced to over $84,000 since probing lows under $75,000 last week. The recovery comes as the bond market chaos supposedly forced President Donald Trump to capitulate on tariffs just days after announcing sweeping
Crypto gaming and gambling ads ‘most expensive’ for onboarding users - CurrencyCrypt
DeFi and CeFi campaigns are far more effective at reaching existing crypto users than crypto gaming and gambling campaigns, recent data shows. Crypto gaming and gambling campaigns are the most expensive way to acquire users with existing crypto wallets, ranking highest in cost among all sectors of the crypto industry, recent data shows. “Gaming and
Bitcoin eyes $100K by June, Shaq to settle NFT lawsuit, and more: Hodler’s Digest, April 6 – 12 - CurrencyCrypt
Shaquille O’Neal cleared to settle Astrals NFT lawsuit, Bitcoin $100K target still in play, and more: Hodler’s Digest Former NBA star Shaquille ONeal has been granted final court approval to settle a class-action lawsuit for $11 million with Astrals non-fungible token (NFT) buyers. Florida federal court judge Federico Moreno granted approval of the settlement between
Bitcoiners were first to realize US economic data ‘was wrong’ — Pompliano - CurrencyCrypt
Anthony Pompliano said Bitcoiners “figured out a way to financially capture upside if they were right.” Bitcoin (BTC) holders were the first to point out flaws in the United States economic data and position themselves for the potential upside, says crypto entrepreneur Anthony Pompliano. “Bitcoiners were the first large-scale group to recognize the economic data
Senator Tim Scott is confident market structure bill passed by August - CurrencyCrypt
Tim Scott, chairman of the Senate Banking Committee, emphasized that the Committee has already advanced several crypto regulatory goals. Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025. The chairman also
Justin Sun 'not aware' of circulating reports about CZ plea deal - CurrencyCrypt
Justin Sun cast doubt on the rumors, stating that he has “full trust" in the US Department of Justice and Changpeng “CZ" Zhao. Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao, following reports alleging that Zhao provided evidence against him as part of his plea
Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit - CurrencyCrypt
A New York judge ruled Friday that the majority of New York Attorney General Letitia James’ civil securities fraud suit against crypto venture firm Digital Currency Group (DCG) and two of its executives can proceed to trial. In 2023, James sued James sued DCG and its CEO Barry Silbert, DCG’s now-bankrupt lending arm Genesis Global
US crypto industry needs band-aid now, 'long-term solution' later — Uyeda - CurrencyCrypt
Acting SEC Chair Mark Uyeda encouraged crypto market participants to share "where exemptive relief may be appropriate." A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief
Why is Solana (SOL) price up today? - CurrencyCrypt
Solana price is up today as the wider crypto market rebounds and investors hope for a SOL ETF approval increase with the appointment of a crypto-friendly SEC chair. Solana (SOL) price is outperforming the crypto market on April 11, up 7.45% over the last 24 hours to trade at $121. SOL/USD daily chart. Source: Cointelegraph/TradingView
Bitcoiners’ ‘bullish impulse’ on recession may be premature: 10x Research - CurrencyCrypt
A longer-term price opportunity for Bitcoin could emerge, but it may face short-term pressure driven by recession fears, says crypto researcher Markus Thielen. It may be too early for Bitcoiners to start getting bullish over the longer-term impacts of a potential recession on Bitcoin’s price, says 10x Research head of research Markus Thielen. Thielen said
World Liberty Says it Hasn’t Sold Any Ether, Refutes Arkham Data - CurrencyCrypt
World Liberty Financial, the DeFi project backed by U.S. President Donald Trump's family, has denied reports that it sold ether (ETH) earlier this week. It was reported on Wednesday that a wallet closely linked to World Liberty Financial, which is tagged by blockchain data firm Arkham as potentially belonging to the project, sold $8 million
Gold Rally Makes Tether’s XAUT Top-Performing Digital Asset as Crypto Markets Remain Flat - CurrencyCrypt
Tokenized gold, such as Tether’s XAUT and Paxos’ PAXG continued to be a favorite of crypto investors in Asia as investors seek a safe haven despite a de-escalation in trade war tensions. On-chain data shows that Tether’s XAUT was a top-10 market performer out of all digital assets. Tether’s tokenized gold, the largest by market
Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers - CurrencyCrypt
US authorities allege the Nate app was not powered by artificial intelligence but actually overseas human workers who manually processed transactions. US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied on human workers in the Philippines. Albert Saniger of Barcelona, Spain, founder and former
CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss - CurrencyCrypt
Remember when CryptoPunks were the ultimate flex? The 10,000 avatars issued by Larva Labs back in 2017, were among the crown jewels of the non-fungible token (NFT) craze in 2021. Some NFTs of that collection fetched as high as $56 million worth of ether (ETH) on the open market in 2024. The top five most
OpenSea urges SEC to exclude NFT marketplaces from regulator’s remit - CurrencyCrypt
OpenSea’s lawyers argue NFT marketplaces should be exempt from SEC regulation, as they don't fit the definition of a broker. Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws. The SEC needs to “clearly state that NFT marketplaces like OpenSea do not
81.6% of XRP supply is in profit, but traders in Korea are turning bearish — Here is why - CurrencyCrypt
A majority of XRP supply is in profit, but rising sell pressure at Upbit could be a sign that a growing number of investors are turning bearish. XRP has struggled to find sustained bullish momentum since reaching its cycle peak at $3.40 on Jan. 16, 2025. XRP (XRP) dropped as much as 46% over the