Russian Gotbit founder strikes $23M plea deal with US prosecutors
Gotbit founder Aleksei Andriunin has agreed to forfeit about $23 million in Tether USDt and USDC in a plea deal with Massachusetts federal prosecutors. Aleksei…
Category: Cointelegraph
Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally
Stablecoins are seeing growing adoption among regulators and investors, which may signal that the current bull market is only “mid-cycle” according to some analysts. Tether,…
The fallacy of scalability — why layer 2s won’t save crypto
Crypto’s reliance on layer-2 solutions may be a double-edged sword, threatening decentralization and security while recreating traditional financial inefficiencies. Is the pursuit of scalability undermining…
Coinbase becomes Ethereum's largest node operator with 11% stake
Coinbase is Ethereum’s largest node operator, holding 11.42% of staked ETH with validators achieving 99.75% uptime, outperforming network averages. A Coinbase report revealed that the…
The fallacy of scalability — why layer 2s won’t save crypto
Crypto’s reliance on layer-2 solutions may be a double-edged sword, threatening decentralization and security while recreating traditional financial inefficiencies. Is the pursuit of scalability undermining…
Trump Media execs seek $179M via new SPAC to possibly buy crypto firm
Three current and former executives tied to Donald Trump’s media company are launching a blank check firm and could look to buy a US crypto…
Pakistan eyes crypto legal framework to spur foreign investors
Pakistan aims to regulate crypto to become a leader in blockchain finance and attract international investment, says Pakistan Crypto Council CEO. Pakistan is developing a…
Solana rallies 8% as crypto markets recover — Is there room for more SOL upside?
Improvement in key Solana onchain and derivatives metrics points to a possible SOL price rally to $170. Solana’s native token, SOL (SOL), rose 8% on…
Bitcoin price tags 2-week highs as markets bet big on Trump crypto news
Bitcoin sees some much-needed relief thanks to a combination of Fed policy confirmation and rumors of a “significant update” to US crypto plans. Bitcoin (BTC)…
Bybit: 89% of stolen $1.4B crypto still traceable post-hack
Bybit has already paid out $2.2 million for “bounty hunters” who can provide valuable information on the Lazarus Group’s transaction patterns related to the stolen…