Bitcoin dips below $84,000 as crypto long liquidations hit $487 million
A broad risk-off move tied to rising oil prices after Iranian tanker attacks triggered the largest leverage flush in weeks.
The Block · +5 outlets
Tether sued over $2.76 million USDT freeze that payments firm says forced layoffs
Conduit alleges Tether had no legal entitlement to freeze the funds, escalating scrutiny of centralized stablecoin blacklisting powers.
Yahoo Finance · +7 outlets
CFTC proposes federal framework to bring leveraged retail crypto trading under oversight
The plan would shift retail crypto derivatives regulation to Washington, drawing pushback from groups that say the CFTC is the wrong agency.
The Block · +13 outlets
Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing tens of millions
The consumer-focused rollup becomes the highest-profile Layer 2 to wind down, underlining consolidation among Ethereum scaling networks.
The Block · +8 outlets
Treasury withdraws crypto mixing rule, citing chilling effect on legitimate activity
The reversal scraps reporting requirements for unhosted wallets and mixers, a win for privacy advocates and a setback for AML hardliners.
The Block · +14 outlets
Winklevoss group files for Zcash ETF with proposed WINK ticker and 0.25% fee
The filing targets Nasdaq as privacy coins Zcash and Monero outperform a stagnant bitcoin market.
The Block · +8 outlets
Strategy buys 334 bitcoin for $28.7 million, holdings top 848,000 BTC
The purchase was paired with $176 million in STRC preferred buybacks and a reported $21 billion quarterly gain.
The Block · +14 outlets
Robinhood adds $25 million of bitcoin to its balance sheet
The brokerage deepens its crypto exposure as it expands trading products beyond equities.
The Block · +14 outlets
Canary's TRXS ETF brings staked TRX exposure to US brokerage accounts
The product gives US investors a brokerage-listed route to staked TRX and its yield.
Crypto Briefing · +8 outlets
SEC clears 3x leveraged bitcoin and ethereum funds for trading
The approval widens access to amplified crypto exposure for US retail brokerage accounts.
Decrypt News · +14 outlets
Coinbase to revive Coinbase Pro as Deribit integration forms Coinbase Global Exchange
The restructuring folds the acquired derivatives venue into a unified global exchange brand for professional traders.
The Block · +1 outlets
ZachXBT says he spent $349,700 infiltrating Chinese launderers tied to Lazarus and Bybit hack
The on-chain sleuth says the network laundered roughly $1 billion for North Korea.
The Block · +8 outlets
Circle, Ripple and Standard Chartered back OKX at flat $25 billion valuation
The exchange is pushing into emerging markets with a yield-bearing stablecoin savings and payments app.
Decrypt News · +14 outlets
Prosecutors cite Bitcoin Fog ruling in bid to defeat Roman Storm's venue challenge
The DOJ argues the precedent supports keeping the Tornado Cash developer's case in its current jurisdiction.
Decrypt News · +1 outlets
Europol warns crypto wallets are a primary quantum attack risk
The EU law enforcement agency flags exposed public keys in wallets as the most pressing post-quantum concern for the industry.
Decrypt News · +1 outlets
Solana debuts institutional settlement standard with J.P. Morgan input
The effort aims to give institutions a common framework for on-chain settlement on Solana.
Decrypt News · +3 outlets
Circle's DJ Khaled USDC ambassador announcement sparks backlash on X
The stablecoin issuer's celebrity marketing push drew criticism from crypto users on social media.
Crypto Briefing · +1 outlets
Brevan Howard to use Ripple Prime for multi-asset brokerage, clearing and financing
The hedge fund's adoption signals growing institutional use of crypto-native prime brokerage infrastructure.
The Block