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CrediX recovered $4.5 million in stolen crypto after reaching a deal with the exploiter. Affected users will be refunded within 48 hours, the team said. Money market abstraction infrastructure protocol CrediX has successfully negotiated the return of the assets stolen in a $4.5 million exploit, in a promising sign for users looking to recover their…
Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing. Key points: Bitcoin still trades in its 18-day range despite a breakdown below $116,000. The latency between pro-crypto policy from US regulators and the Trump administration and Bitcoin price has left traders feeling anxious. Read more If you liked the…
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price. Key takeaways: Bitcoin’s Coinbase Premium turned negative after a 62-day buying streak. BTC continues to hold above $115,000 despite rising sell pressure and a negative futures CVD. Read more If you liked the…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Republicans suffered their first setback in Congress on crypto legislation, Bitcoin-powered darknet marketplace Abacus Market has gone offline amid suspected law enforcement pressure, and…
Bank of England governor Andrew Bailey joins a growing list of European officials concerned with the rise of stablecoins. Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead. Stablecoins introduce systemic risks to banking institutions that could destabilize the…
JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens. China’s e-commerce heavyweight JD.com and Ant Group, the fintech arm of Alibaba, are lobbying the People’s Bank of China (PBOC) to greenlight Chinese yuan-based stablecoins to counter the global rise of…
The European Central Bank will launch a blockchain settlement pilot by late 2026 under its new Pontes initiative, aiming to connect DLT platforms with the eurozone’s core payment systems. The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank money, which could pave the way…
BIS says stablecoins fall short on key monetary principles, warning of financial crime risks and threats to monetary sovereignty. A new report from the Bank for International Settlements (BIS) challenged the notion that stablecoins can serve as money in a modern financial system. According to the BIS Annual Economic Report 2025, stablecoins fail the fundamental…
The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge. The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies. The BoJ is…
Russia’s largest commercial bank, Sber, launched a Bitcoin-linked bond product that’s now trading on OTC markets and may soon be listed on the country’s top stock exchange. Russia’s largest commercial bank, Sber has launched a Bitcoin-linked bond product that tracks the cryptocurrency’s change in price and the dollar-to-ruble exchange rate. The product is already available…