Empower your cryptocurrency investments with CryptoRisk Manager. Our advanced tools help you evaluate risks, make informed decisions, and protect your investments. Maximize gains and minimize losses with our AI-powered analyses and personalized recommendations. Join us to trade smarter and safer in the volatile crypto market.
After being considered the Wild Wild West for years, crypto adoption in the United States is quickly gaining traction. Most notably, institutions are flooding into the crypto space due to the rise of tokenized treasuries and real-world asset (RWA) tokenization. The current market capitalization of tokenized US treasuries stands at a whopping $7.4 billion. A…
The California Department of Financial Protection and Innovation (DFPI) has fined Seattle-based Crypto ATM firm, Coinme, Inc. $300,000 for violating the state’s recently enacted Digital Financial Assets Law (DFAL). According to the press release, the penalty marks the first enforcement action under the law, which took effect in 2023 to enhance oversight of digital asset…
Stablecoin platform Resupply suffered a major exploit worth $9.5 million after an attacker manipulated the price of a key collateral token, security firms reported. Key Takeaways: Resupply lost $9.5 million after an attacker manipulated the price of cvcrvUSD to borrow reUSD cheaply. The exploit exploited faulty price logic in the CurveLend contract used by ResupplyPair….
In an extraordinary policy shift, the U.S. Federal Housing Finance Agency has said borrowers may soon be able to use crypto investments to qualify for mortgages. Michael Saylor could barely contain his glee when details of the order emerged — describing it as “a defining moment for collateral recognition.” Then again, this is pretty unsurprising…
The Ethereum price has risen to $2,491 this morning, with the altcoin continuing to repair the damage that followed US airstrikes against targets in Iran over the weekend. However, ETH remains down by 4% in a week and by 13% in the past fortnight, as the conflict in the Middle East – and the ongoing…
Citibank is facing a lawsuit from a man who claims the bank failed to flag suspicious transactions tied to a crypto romance scam that cost him $20 million. Key Takeaways: Citibank is being sued for allegedly failing to flag suspicious transfers tied to a $20 million crypto romance scam. The plaintiff claims the bank ignored…
Bitcoin mining firm Bit Digital has announced that it is exiting its mining operations to focus solely on Ethereum staking. The company has initiated the transition to become a “pure play” ETH staking and treasury company. The company said Wednesday that it plans to sell its Bitcoin mining assets and to redeploy net proceeds into…
The crypto market is showing mixed signals today, with the crypto market cap falling 1.1%. But what else is happening in crypto today? Follow our up-to-date live coverage below. What’s Happening in Crypto Today, June 26? The post [LIVE] What’s Happening in Crypto Today, June 26? appeared first on Cryptonews.
A7A5, a stablecoin pegged to the Russian ruble, has processed over $9.3 billion in transactions on Grinex, a crypto exchange widely viewed as the successor to the sanctioned platform Garantex. Key Takeaways: A7A5 processed $9.3B through Grinex, mostly from just 124 wallets. Elliptic and Global Ledger suggest Grinex may be Garantex’s unofficial successor. Analysts question…
SoFi Technologies is making a return to the cryptocurrency space, less than a year after stepping away due to regulatory hurdles. Key Takeaways: SoFi has reentered the crypto market with trading, remittances, and future DeFi tools. The platform plans to offer stablecoins, staking, and asset-backed borrowing to users. Regulatory shifts in the U.S. have opened…