Tag: cryptocurrency
XRP Lags Behind 2017-Cycle Highs While Major Cryptocurrencies Flourish
Holding digital assets is widely touted throughout the cryptocurrency community as a foundational strategy for long-term wealth accumulation. However, nearly nine years after the historic market mania of late 2017 and early 2018 brought digital currencies into the mainstream global consciousness, market performance has proven that not all tokens are created equal. While major cryptocurrencies…
White House Crypto Office Vacant as Final Adviser Patrick Witt Departs, Leaving Policy Aims in Limbo
The departure of President Donald Trump’s final crypto adviser, Patrick Witt, has left the White House digital assets office entirely vacant and cast a shadow of uncertainty over the administration’s broader policy goals for the sector. When President Trump returned to the White House last year, he decisively shed his earlier public skepticism toward cryptocurrency…
How Brooklyn Prosecutors and the FBI Took Down a Massive Crypto Fraud Network Targeting Russian Speakers
October 15, 2026 — In a major international strike against cybercrime, Brooklyn prosecutors and the Federal Bureau of Investigation have successfully dismantled a sprawling cryptocurrency investment scam that allegedly defrauded Russian-speaking victims across the United States of tens of millions of dollars. The coordinated takedown, executed last week, targeted the digital infrastructure of a multinational…
Kalshi CEO Tarek Mansour Expresses Optimism Amid High-Stakes Legal Battle Over Prediction Market Regulation
ARLINGTON, Va. — The high-stakes legal battle defining the future of event-contracts and prediction markets in the United States has reached a critical juncture, with industry leaders warning that the ultimate outcome will determine whether these innovative financial instruments thrive under federal oversight or vanish from the domestic landscape entirely. Speaking at the DC Fintech…
Coinbase Urges Bitcoin Ecosystem to Prepare for Quantum Computing Threats with Flexible Addresses and Migration Strategies
The rapid evolution of quantum computing presents a looming, unprecedented challenge for the world’s largest cryptocurrency. As researchers continue to make strides in hardware capabilities, major players in the digital asset industry are beginning to sound the alarm over the vulnerability of cryptographic networks. Among them is Nasdaq-listed crypto exchange Coinbase, which custody roughly 5%…
BNY and Citadel Securities Complete Landmark Tokenized U.S. Treasury Transaction to Streamline Wall Street Collateral
In a major milestone for the integration of distributed ledger technology into traditional finance, BNY—the world’s largest custody bank—and market-making giant Citadel Securities announced on Tuesday that they have successfully completed a transaction utilizing tokenized U.S. Treasuries. The collaborative effort highlights how blockchain-based government bonds can fundamentally alter how trading firms manage their balance sheets,…
Bitcoin Whale That Survived the March 2020 Covid Crash Moves $377 Million in Long-Dormant Coins
A legendary bitcoin whale who acquired a massive fortune just days before the historic market panic of March 2020 has sprung into action, moving nearly $380 million worth of the cryptocurrency on-chain after more than four years of complete inactivity. According to public blockchain data from Arkham and mempool.space, the wallet address 18VmXvkF4cgLi35RtMiHHDpvMjUCyVpQ9x transferred approximately…
Standard Chartered Offers RLUSD Custody in Dubai and Plans LMAX Collateral Link
Global banking giant Standard Chartered has officially expanded its digital asset footprint by introducing institutional custody services for Ripple’s USD-pegged stablecoin, RLUSD, operating on the XRP Ledger. Delivered through the bank’s established branch in Dubai, the new service provides eligible institutional clients with a trusted, heavily regulated traditional banking institution to safely hold the dollar-pegged…
Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls
As of early Monday morning, the leading cryptocurrency by market capitalization was changing hands near $84,050, according to data from CoinDesk. This marked a steady recovery after the asset dipped to an intra-day low of roughly $83,500 earlier in the session. The resilient price action keeps Bitcoin near its Sunday high of approximately $84,145, demonstrating…
Supreme Court Weighs High-Stakes Battle Over Sports Prediction Markets as CFTC Issues New Rules
The United States Supreme Court has not yet indicated whether it will wade into a high-profile legal battle surrounding prediction markets, but the legal and regulatory pressure is mounting rapidly. A wave of influential amicus briefs has flooded the nation’s highest court, while the Commodity Futures Trading Commission (CFTC) has moved swiftly to cement its…
