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Backpack Exchange has launched a non-profit claims sale channel enabling FTX creditors to sell their bankruptcy claims to third-party buyers, offering an alternative to waiting for the official distribution process that has already returned $6.2 billion across two major payment rounds. The platform offers a complete one-stop process, encompassing identity verification, claims validation, offer confirmation,…

Ripple and Circle’s applications for U.S. national trust bank charters are being framed less as a bold industry move and more as a calculated, defensive pivot in response to looming regulation. In an interview with CryptoNews, Alice Li, Investment Partner and Head of North America at Foresight Ventures, explains that the move is fundamentally about…

Public companies are increasingly adding altcoins like Ether (ETH), Solana’s SOL, and XRP to their treasury strategies, according to a new report from Animoca Brands Research. Key Takeaways: Public companies are increasingly diversifying their crypto treasuries by adding altcoins. This trend uses financial instruments to grow crypto exposure without direct spot market purchases. SharpLink Gaming…

A former semi-professional rugby player from Seattle has been sentenced to 30 months in federal prison for operating a $900,000 cryptocurrency Ponzi scheme that defrauded over 40 investors across the U.S. Shane Donovan Moore, 37, was sentenced Wednesday in U.S. District Court in Seattle after pleading guilty to wire fraud. The sentencing follows an investigation…

Despite potential risks, Bitcoin (BTC) is likely to continue rising this year, though the same can’t be said for the vast majority of altcoins, according to the latest Charting Crypto report, a joint publication of Coinbase Institutional and Glassnode, reflecting data until 30 June, 2025. Companies are increasingly investing in crypto for their treasuries, particularly…

The global crypto market capitalization has reached the $4 trillion milestone for the first time, driven by massive capital inflows, particularly into Bitcoin, which continues to dominate over 59% of the total crypto market valuation. To provide perspective, since January 2024, more than $2 trillion in fresh capital has flowed into the cryptocurrency markets, with…

We asked Grok, the AI model from X.com, to identify the top 4 altcoins with the highest chance to 10x. It gave us 4 candidates, three well-known tokens – XRP, Solana (SOL), and Sui (SUI) – and one newcomer – a crypto presale called SUBBD (SUBBD). Here’s why Grok believes that these top altcoins could…

Bitcoin (BTC) broke through $120,000, sparking heated discussions in the market again, while XRP also rose by more than 8% due to EU payment regulatory reforms and Ripple’s new round of cooperation plans. Despite the recovery of the crypto market, many investors have been unusually calm. Data shows that more and more long-term BTC and…

Polkadot founder Gavin Wood has proposed a Proof-of-Personhood model to correct a $500 million a year problem for the blockchain, a potential catalyst for the Polkadot price outlook. The altcoin has rallied 32% over the past 10 days as investors buy the news on major regulatory progress. Geopolitical and macroeconomic FUD no longer clouds the…

As cryptocurrency continues to evolve, cloud mining has become a key opportunity for investors seeking efficient and profitable mining options. DEAL Mining, a leader in cloud mining, has recently optimized its program, offering users the potential to increase their assets by up to 180%. AI-Powered and Green Energy Integration Drive Significant Asset Growth for Users…