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Cardano (ADA) has been able to clamber back to the north of $0.70 at the start of the week, and following last week’s sharp decline, could be setting up for a nice rebound this week. ADA appears to be probing for…
Eric Council Jr., the man accused of hacking the U.S. Securities and Exchange Commission’s (SEC) X account in January 2024, has pleaded guilty to conspiracy charges related to identity theft and access device fraud. On Monday, Council admitted to his role…
Kim Nam-guk, the South Korean former lawmaker at the center of the Coin Gate scandal, has been cleared of “obstructing officials from performing their duties.” Per News1, Kim was found not guilty of the charges at a branch of the Seoul…
American rapper and Internet personality Danielle Bregoli, known as Bhad Bhabie, has launched her own coin BHAD. She describes it as “a community-driven token designed to make a real impact.” The 21-year-old Bregoli became (in)famous during an appearance on the talk…
On February 8, data from Token Terminal revealed that Ethereum’s daily transaction fees dropped by $731,472, marking the first time in five months that revenue fell below $1 million. The asset also faces pressure from a record level of short selling…
Interoperable Layer-1 blockchain Injective has launched an on-chain index (Ticker: TradFi) that tracks hundreds of the largest publicly traded stocks. This, said the team, is a massive step in merging traditional finance (TradFi) and decentralized finance (DeFi). According to the press…
Ethereum is experiencing an unprecedented level of short selling, with futures contracts on the Chicago Mercantile Exchange (CME) reaching a record high of 11,341, according to a new chart from ZeroHedge. The surge in bearish bets, up over 40% in just…
Swedish payments firm Klarna is now preparing to enter the crypto market ahead of its upcoming public listing. On Sunday, CEO Sebastian Siemiatkowski announced that the firm would “embrace crypto,” acknowledging that the company is among the last major fintech players…
Russell Vought, the newly appointed head of the Consumer Financial Protection Bureau (CFPB) under U.S. President Donald Trump, has suspended the agency’s funding and ordered a halt to its operations. Vought announced the decision in a Feb. 9 post on X,…
The total crypto market cap tumbled by 3% on Monday after President Donald Trump announced he would impose new 25% tariffs on all steel and aluminum imports, adding to the existing metals duties. Speaking to reporters Sunday on his way to…
Binance founder and ex-CEO Changpeng ‘CZ’ Zhao has denounced TST meme coin listing on Binance, confirming he does not endorse it. He also criticized Binance’s listing process, calling it a “bit broken.” Test (TST) is a meme coin sensation created from…
Prosecution officials have indicted six people, including a practicing South Korean lawyer, as part of an investigation into a suspected $7.9 million crypto scam. Per the media outlet KBC News, the Seoul Northern District Prosecutors’ Office has charged six people with…