General News

U.S. Crypto Sting Nets CLS Global in Wash Trading Crackdown

In a major move against crypto market manipulation, the U.S. Department of Justice has sentenced UAE-based financial firm CLS Global FZC LLC for fraudulent...

Bakkt Sued Over Webull Dependency as Stock Sinks Over 36%

Investors Allege Misleading Revenue Disclosures A group of investors has filed a class-action lawsuit against crypto custody and trading platform Bakkt Holdings, accusing the company...

Crenshaw Criticizes SEC’s Stablecoin Guidelines as Misleading

SEC’s Stablecoin Move Welcomed by Crypto Industry, But Not by All U.S. Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw has raised serious concerns about...

U.S. Treasury Targets Houthi Financial Network with Cryptocurrency Sanctions

On April 2, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on a network of financial facilitators...

Stablecoins Face New Rules as STABLE Act Clears House Committee

The U.S. House Financial Services Committee approved the STABLE Act on April 2, 2025, in a 32-17 vote. This new legislation, formally known as...

Hackers Sell Fake Android Phones Loaded with Crypto-Stealing Malware

Counterfeit Phones Pose New Threat to Cryptocurrency Holders Cybersecurity researchers have issued a stark warning: hackers are flooding the market with fake Android smartphones pre-installed...

UK Crypto Leaders Call for Dedicated Blockchain Envoy and National Strategy

Industry Coalition Urges Government to Prioritize Digital Assets for Economic Growth A coalition of six major UK digital economy trade associations is urging the government...

Circle Files for IPO, Set to List Under ‘CRCL’ on NYSE

Circle Aims to Go Public Amid Surging Revenue and Market Expansion Circle Internet Financial, the company behind the USD Coin (USDC) stablecoin, has officially submitted...

Hacker Behind zkLend Exploit Loses $5.4M to Phishing Scam

In an ironic twist, the individual who exploited the decentralized lending protocol zkLend for $9.6 million has reportedly fallen victim to a phishing scam,...

Michael Saylor’s Strategy Adds 22,000 Bitcoin in Massive $1.92B Buy

Strategy Boosts Bitcoin Reserves with $1.92 Billion Purchase Strategy, formerly known as MicroStrategy, has made another bold move in the crypto space. Between March 24...

BTC Dips Slightly After Failed Breakout Attempt

Rejection at 21-Week EMA Signals Ongoing Consolidation Bitcoin (BTC) is facing renewed selling pressure after failing to break above a critical technical level—the 21-week Exponential...

Terraform Labs Launches Crypto Loss Claims Portal for UST Collapse Victims

Investors Can Submit Claims Starting March 31, 2025 Terraform Labs, the company behind the now-defunct TerraUSD (UST) stablecoin, has announced the opening of its Crypto...