Ethereum Layer 2 networks have achieved a historic milestone, with stablecoin holdings reaching $13.5 billion. This surge reflects the increasing adoption of cryptocurrencies and decentralized finance (DeFi) across the blockchain ecosystem. Demand for Stablecoins Rises As Arbitrum and Base Lead…
According to Bloomberg, Copper Technologies, a leading cryptocurrency custody provider supported by Barclays investment, has withdrawn its application for a crypto license in the United Kingdom. Copper Withdraws UK Crypto License Application Amid Challenges The decision follows increased scrutiny from…
Bitget Wallet, a Web3 non-custodial wallet, has integrated the HyperEVM testnet, offering users access to the Hyperliquid platform. In a press release shared with CryptoNews, Bitget said a feature has been added to the network to their custom mainnets, users…
Bitcoin spot ETFs experienced a record-breaking single-day net outflow of $680 million on Thursday, marking the highest outflow in history, according to data from Sosovalue. The ETF outflows were triggered by a more hawkish stance from Federal Reserve Chair Jerome…
The total amount of Bitcoin readily available for sale, also known as sell-side liquidity inventory, has reached its lowest level since October 2020, according to on-chain analysis firm CryptoQuant. Data from the firm shows only 3.397 million Bitcoins are available…
Mo Shaikh, co-founder of Aptos Labs, which supports its layer 1 blockchain, announced that he is stepping down as CEO. However, he chose to stay on as a strategic advisor to the company board. In a lengthy post on X,…
Japanese investment firm Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance aimed at accelerating its Bitcoin purchases. The Tokyo-listed company announced it issued a 5 billion yen ($31.9 million) bond on Friday, following…
The SEC on Thursday finally approved the first spot ETFs that combine Bitcoin and Ethereum, after months of extended reviews. On Dec. 19, the agency approved Hashdex’s Nasdaq Crypto Index US ETF, allowing it to trade on the Nasdaq stock…
Hackers allegedly breached the X account of Vivek Ramaswamy, co-lead of the newly formed Department of Government Efficiency (DOGE), to spread false information about the department’s collaboration with stablecoin project USUAL. The Usual stablecoin protocol, launched just four months ago,…
The beleaguered New Zealand-based crypto exchange Cryptopia has started returning millions in crypto to account holders, years after its collapse. Cryptopia filed for liquidation after millions of dollars of tokens were stolen from the platform in a 2019 cyber-attack. Around…