South Korea is reportedly preparing new rules that would force social-media personalities promoting cryptocurrencies and stocks to reveal what they own and whether they are being paid. Democratic Party lawmaker Kim Seung-won, a member of the National Assembly’s Political Affairs Committee, is drafting amendments to the Capital Market and Financial Investment Business Act and the …
Category archives: Trending Crypto news
FG Nexus sells another $14M in Ether as losses mount on treasury bet
FG Nexus, a publicly listed Ethereum treasury and infrastructure company, liquidated another chunk of its Ether treasury on Tuesday, offloading 7,550 ETH worth roughly $14 million. The latest sale adds to a series of disposals that have locked in more than $80 million in losses on a position built near Ether (ETH) 2025 highs. Onchain …
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Aave governance dispute escalates as ACI and Aave Labs publish dueling reports
A governance dispute inside the Aave ecosystem intensified after two detailed reports offered contrasting interpretations of the protocol’s past funding and contributions ahead of a vote on a proposed $50 million package for Aave Labs. Aave Chan Initiative (ACI) founder Marc Zeller on Wednesday published what he called a transparency report reviewing Aave Labs’ historical …
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Bitcoin price climbs 3% as gold divergence signals ‘significant upside’
Bitcoin (BTC) rallied toward $66,000 after Tuesday’s gains in the US stock market, as cryptocurrencies sought to halt their 2026 slump. Key takeaways: Bitcoin rallied above $66,000 on Wednesday, recovering alongside US stocks. Bitcoin Coinbase Premium Index flipped positive amid $258 million in ETF inflows. While BTC’s correlation with stocks and gold is at …
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Crypto Exchange Kraken Launches ‘World’s First’ Tokenized Equity Perpetual Futures
The crypto exchange Kraken just launched 24/7 leveraged access to stocks, indices and key assets using the blockchain. The exchange is offering tokenized equity perpetual futures contracts with regulated benchmarks to eligible non-US clients in over 110 countries. Initial contracts track tokenized versions of major assets: S&P 500 via SPYx Perps, Nasdaq 100 via QQQx …
Bitcoin bounces to $66K as rumors swirl over Jane Street selling algorithm
Bitcoin (BTC) sought to reclaim $65,000 as support into Wednesday’s Wall Street open as rumors swirled around US institutional pressure. Key points: Bitcoin bounces 2.5% as talk turns to alleged selling pressure from Wall Street trading company Jane Street. Jane Street rebuts claims of crypto market manipulation during the 2022 bear market. “Razor thin” order …
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Anchorage buys STRC as Wall Street shorts mount against Saylor’s Bitcoin proxy
Crypto bank Anchorage Digital said it holds Strategy’s perpetual preferred security STRC on its balance sheet, adding an institutional backer to Michael Saylor’s Bitcoin treasury company at a time when Wall Street traders are increasingly betting against it. In a Wednesday post on X, Anchorage co-founder and CEO Nathan McCauley said the purchase shows alignment …
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US seizes $61M in USDT linked to ‘pig butchering’ crypto fraud scheme
US Federal agents in North Carolina seized more than $61 million worth of USDt (USDT) tied to a large‑scale “pig butchering” crypto investment scam that preyed on victims through fake online relationships and fraudulent trading platforms. According to the US Attorney’s Office for the Eastern District of North Carolina in Raleigh on Tuesday, the scammers …
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Bitcoin ETFs post $258M inflows as institutional Q4 selling hits 25,000 BTC
Flows into US spot Bitcoin exchange-traded funds turned positive Tuesday as the price of Bitcoin made a modest recovery to $65,000, snapping a run of daily redemptions. Spot Bitcoin (BTC) ETFs recorded $257.7 million in inflows, marking the largest daily total since early February, according to SoSoValue data. The gains more than offset Monday’s outflows …
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Bitcoin adoption is booming, even if its price isn’t: River
Bitcoin’s adoption by institutions, banks, merchants, public companies, and nation-states has boomed in 2025, despite the recent price drawdown, says the financial services company River. “There is no bear market in Bitcoin adoption,” River said in a report published on Tuesday, which noted that while Bitcoin (BTC) is down 50% from its all-time high, “adoption …
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South Korean man faces jail over alleged poisoning over crypto trading losses
A man in South Korea is reportedly facing jail time for allegedly poisoning his business partner with pesticide-laced coffee over a dispute related to more than $816,000 in crypto investment losses. The Seoul Eastern District Prosecutors’ Office has accused a man in his 30s of adding the pesticide methomyl to his business partner’s drink during …
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Bitcoin captures $65K after US stocks rebound from AI sell-off: Will it hold?
Bitcoin’s (BTC) bleed slowed on Tuesday as US markets recovered from Monday’s AI and software-stocks-driven selloff. At the US market closing bell, the DOW locked in a 370-point gain, while the S&P 500 held on to a 0.77% rally. The swift recovery of US equity markets appears to have played a role in easing negative …
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Payoneer joins rush of fintechs bidding for US bank charters
Global financial services firm Payoneer is the latest in a growing number of companies that have filed for a national trust banking charter in the US, which could enable it to issue a stablecoin and provide various crypto services. Payoneer said on Tuesday it filed with the Office of the Comptroller of the Currency to …
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Bitcoin Depot to require ID for all transactions at its crypto ATMs
The biggest Bitcoin ATM operator in the US has begun phasing in a new requirement for users to provide identification for every transaction at its crypto ATMs amid increasing pressure from regulators and lawmakers for operators to curb illicit activity. Bitcoin Depot said on Tuesday that it began the rollout earlier in February across the …
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Crypto lobby Blockchain Association pitches tax plan to Congress
The Blockchain Association released its tax policy positions, saying “low-dollar” crypto transfers should be exempted, but mining and staking should be taxed. A US crypto lobby group has shared with Congress its tax proposals for crypto and has met with House lawmakers working on a crypto tax bill to shape one of the industry’s top …
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