Bitcoin price bounced as ETFs finally saw some solid inflows, pulling in a confirmed $145M in institutional money. After weeks where it felt like investors were glued to the sell button, big institutional players appear to be stepping in to buy the dip as the market attempts to stabilize. (Source: Bitcoin ETF Net Flow /…
Two crypto users lost $12.25 million and $50 million after copying incorrect wallet addresses. In January, a crypto user lost $12.25 million by copying the wrong wallet address. In December as well, another one ended up losing $50 million in a similar way. Together, the two incidents cost $62 million, according to the popular…
Tether has built a portfolio of 140 investments spanning sectors from South American agriculture to a stake in Italian football club Juventus, according to a Financial Times report. Summary Tether holds 140 investments, from agriculture to Juventus, funded by USDT profits. The stablecoin giant plans 150 new hires as it builds a global “freedom tech…
Tether’s new stablecoin aims to transform liquidity and bridge the gap between crypto and traditional finance. Key Takeaways Stablecoins are transitioning from niche crypto experiments to core financial infrastructure. Tether is launching USAT, a new stablecoin aimed at enhancing liquidity for US users. The future of finance may see tokenized deposits and transactions moving through…
UBS has taken a firm stance against digital assets, declaring that “crypto is not an asset” as Bitcoin whales and ETF investors begin pulling capital from the market. Bitcoin managed a bump to $70K this morning, but don’t pop the champagne just yet; the original cryptocurrency is still down 50% from its October highs. Market…
The Seoul court handed crypto asset manager prison sentence in the first case under the new Virtual Asset User Protection Act. A South Korean court has sentenced Jong-hwan Lee, CEO of a local crypto asset management firm, to three years in prison for manipulating cryptocurrency prices to secure illicit profits. The Seoul Southern District…
Bitwise advisor Jeff Park attributed the February 5 crypto selloff to multi-asset portfolio deleveraging rather than crypto-specific factors. Summary February 5 selling was driven by multi-asset fund deleveraging, not crypto-native fear. CME basis trades unwound violently as pod shops de-grossed across portfolios. Short gamma and structured product hedging amplified downside despite ETF inflows. IBIT recorded…
Vietnam’s Ministry of Finance has proposed a 0.1% personal income tax on crypto transactions conducted through licensed platforms, treating digital assets similarly to stocks, according to Hanoi Times. The tax applies to the total transaction value for both residents and non-residents, including foreign investors. The proposal is part of a five-year pilot program that began…
Trump-linked cryptocurrencies took a massive hit over the last 24 hours, reminding investors that political coins are just as volatile as the rest of the market. Official Trump Meme Coin (TRUMP) and World Liberty Financial (WLFI) plummeted 14.6% and 10.8% respectively, following news of a government probe into the project’s foreign dealings. As sentiment across…
High-risk and scam-adjacent projects have been found to dominate press release volume. A majority of press releases published across crypto news sites originate from high-risk or outright fraudulent projects. In a new report, crypto communications firm Chainstory analyzed 2,893 crypto press releases published between June 16 and November 1, 2025, and found that roughly…
