News related to
crypto

XRP faces pressure to prove real banking utility

Concerns over the practical use of XRP have resurfaced after Evernorth chief executive Asheesh Birla said sustained demand for the digital asset will depend on banks adopting it as working capital rather than treating it as a speculative instrument. Birla’s remarks come amid renewed scrutiny of XRP’s real-world adoption, with market participants questioning whether the token’s usage aligns with its original proposition as a bridge currency for […]

Pi token slides as supply pressure mounts

Pi Network’s digital token is facing sustained downward pressure, with its price falling about 5 per cent over a 24-hour period to hover near $0.19, extending a prolonged decline that has erased more than 90 per cent of its peak valuation. Market participants tracking the project say a combination of token unlocks, delayed ecosystem development and weak exchange traction is weighing on sentiment, raising concerns that the […]

Crypto.com trims staff as AI reshapes roles

Crypto. com has cut roughly 12 per cent of its global workforce, targeting positions deemed misaligned with the company’s accelerating integration of artificial intelligence, marking one of the most pronounced restructurings in the digital asset sector as firms recalibrate for automation-led operations. The Singapore-based cryptocurrency platform confirmed that the reductions were part of a broader strategic shift aimed at improving operational efficiency and aligning talent with emerging […]

Rhino.fi targets stablecoin settlement gaps

Rhino.fi has introduced a cross-chain settlement product designed to simplify how financial technology firms handle dollar-pegged digital assets, seeking to address persistent pricing inconsistencies and operational complexity in stablecoin transactions. The platform, branded Stablecoin 1:1, enables neobanks and fintech companies to accept and settle USD-linked stablecoins across more than 25 blockchain networks while maintaining a one-to-one conversion rate. The offering aims to eliminate hidden spreads and opaque […]

Pi token climbs as unlock tests market depth

Pi Network’s native token rose about 7 per cent on March 20, with trading volumes picking up sharply as investors positioned ahead of a scheduled token unlock that could materially expand circulating supply. The move places the relatively young digital asset at the centre of a familiar crypto market dynamic: price momentum colliding with looming supply increases. Market participants are weighing whether demand can absorb the additional […]

Gemini faces lawsuit over growth claims

Gemini Trust Company is facing a lawsuit from shareholders who allege the cryptocurrency exchange misled investors about its financial health and internal stability, intensifying scrutiny on one of the sector’s most prominent platforms during a period of heightened regulatory pressure and market volatility. The complaint, filed in a United States court, centres on claims that Gemini overstated its growth prospects while failing to disclose operational challenges and […]

Shiba Inu climbs as Binance traders turn bullish

Shiba Inu token advanced close to 4 per cent on March 20, buoyed by a surge in bullish positioning among large traders on Binance, as derivatives data pointed to strengthening risk appetite in the broader crypto market. Market trackers showed SHIB gaining momentum through the session, supported by a sharp rise in the long-to-short ratio on Binance, one of the world’s largest cryptocurrency exchanges. The ratio, which […]

ShieldGuard crypto scam exposed after malware probe

A coordinated cybercrime operation built around a fraudulent cryptocurrency tool branded “ShieldGuard” has been dismantled after investigators confirmed it functioned as a malicious browser extension harvesting user credentials and digital assets. Security researchers say the campaign had been active across multiple platforms, targeting retail crypto investors through deceptive online promotions and fake security assurances. The extension, presented as a protective utility for safeguarding cryptocurrency wallets, was distributed […]

Early bitcoin holders offload holdings amid Fed signals

Large bitcoin holders widely regarded as early adopters have sold more than $100 million worth of the cryptocurrency, reflecting a shift in sentiment as expectations of prolonged high interest rates ripple across global markets. Blockchain tracking data indicates that several long-dormant wallets moved substantial volumes of bitcoin to exchanges over a short period, triggering speculation about coordinated selling by so-called “OG” investors. Market analysts say such movements […]

Bitcoin slips below $70,000 amid volatility

Bitcoin dropped below the $70,000 threshold, signalling renewed volatility in the cryptocurrency market as traders reacted to shifting macroeconomic signals and a wave of profit-taking following a sustained rally earlier in the year. The world’s largest digital asset fell sharply during active trading hours, breaching a level that had been viewed as a psychological support zone. Market participants pointed to a combination of factors, including tightening liquidity […]

Polymarket eyes risk chief amid regulatory push

Polymarket is moving to appoint a chief risk officer as it accelerates efforts to build a regulated presence in the United States, signalling a strategic shift by the prediction markets platform after a series of high-profile legal and compliance hires, according to people familiar with the matter. The recruitment drive comes as the company seeks to position itself within a tightening regulatory framework governing event-based derivatives and […]

Hyperliquid derivatives surge on rising demand

Open interest on Hyperliquid’s HIP-3 permissionless derivatives market has climbed past $1.43 billion, underscoring intensifying appetite among traders for decentralised perpetual futures and signalling a shift in how digital asset markets are evolving beyond traditional crypto pairs. The milestone reflects a rapid expansion in activity on the decentralised exchange, where traders can create and trade perpetual contracts without centralised oversight. Market participants have been drawn to the […]

K‑Tech (NASDAQ: KMRK) enters JV to develop up to 500MW AI/HPC infrastructure in Canada

Strategy expands bitcoin holdings with $1.6bn purchase

Michael Saylor’s business intelligence firm Strategy has acquired 22,337 bitcoin valued at roughly $1.6 billion, strengthening its position as the largest corporate holder of the cryptocurrency and signalling continued institutional confidence in digital assets despite ongoing market volatility. The purchase, disclosed through regulatory filings and company statements, adds substantially to Strategy’s already vast bitcoin reserves and underscores the company’s long-standing approach of treating the cryptocurrency as a […]

Shiba Inu approaches decisive resistance as Shibarium progress builds

Shiba Inu has begun to recover momentum in the cryptocurrency market as traders focus on a key technical threshold that could determine the token’s next direction. The digital asset has been trading around $0.0000059, approaching a resistance level near $0.0000062 that analysts say could trigger a stronger bullish move if broken. Market participants have increasingly highlighted the importance of this price band following weeks of consolidation that […]

Bitcoin climbs above key average

Bitcoin has pushed firmly above its 50-day moving average, signalling strengthening bullish momentum in the digital asset market as traders and institutional investors watch for confirmation of a sustained upward trend. The move above the widely followed technical benchmark is viewed by market participants as a sign that buying pressure is building after months of volatile trading. Analysts say the development could encourage additional inflows into the […]

Chainlink rises as Bitcoin drives crypto rally

Chainlink’s native token LINK climbed more than 2 per cent as Bitcoin surged beyond the $73,000 threshold, reinforcing a broader recovery across the cryptocurrency market and drawing renewed attention to blockchain infrastructure projects tied to decentralised finance. Market data shows LINK trading near $9.2–$9.3 during the rally, giving the token a market capitalisation of roughly $6.5 billion and placing it among the leading digital assets by value. […]

Bitcoin climbs past $72,000 as ETF demand accelerates

Bitcoin surged past the $72,000 mark on 13 March, buoyed by a sustained inflow of institutional capital into spot exchange-traded funds and improving market sentiment following a volatile start to the year. The rally lifted the world’s largest cryptocurrency to its highest level in more than a week, strengthening a rebound that has unfolded alongside growing interest from large investors and asset managers. Market data showed Bitcoin […]

Bitcoin debate reignites after Johnson’s Ponzi remark

Former UK prime minister Boris Johnson has triggered a sharp debate across financial and technology circles after describing Bitcoin as a “giant Ponzi scheme”, drawing swift rebuttals from leading cryptocurrency advocates including MicroStrategy chairman Michael Saylor and other industry figures. Johnson made the remarks in a newspaper column in which he questioned the long-term value of cryptocurrencies, arguing that their prices rely heavily on a continuous influx […]

Global crackdown dismantles SocksEscort proxy botnet

A coordinated international law enforcement operation has dismantled SocksEscort, a large malicious proxy service that enabled cybercriminals to hide their identities while carrying out fraud, ransomware attacks and other online crimes. The operation, codenamed Operation Lightning, targeted infrastructure spread across multiple countries and led to the seizure of dozens of domains and servers used to run the network. Authorities said the proxy service relied on malware that […]

GlassWorm malware quietly infiltrates developer toolchains

A sophisticated malware operation targeting software developers has expanded its reach by exploiting trusted extension ecosystems, with security researchers uncovering dozens of malicious packages distributed through the Open VSX marketplace. The campaign, known as GlassWorm, now relies on hidden transitive dependencies to introduce malicious code into developer environments, marking a notable shift in tactics within the growing wave of software supply-chain attacks. Security analysts have identified at […]

Bittensor token jumps as decentralised AI gains traction

Bittensor’s native cryptocurrency TAO climbed sharply on March 13, posting gains of about 12 per cent as enthusiasm around decentralised artificial intelligence networks and new training activity on its Templar subnet drew fresh investor attention. Market data showed the token breaking above the $210 resistance level and trading near $230 during the session, outperforming several major digital assets during the same period. The rally was accompanied by […]

Tokenisation seen widening access to global assets

Digital asset markets received renewed attention after Coinbase chief executive Brian Armstrong argued that tokenisation of financial assets could remove entrenched inequities in global finance by widening participation in investment markets and lowering structural barriers that historically limited access. Armstrong, speaking in comments circulated across financial and crypto industry platforms, said tokenisation could “strip away a huge amount of unfairness from the system by increasing asset access […]

Shiba Inu rebound sparks fresh breakout debate

Shiba Inu has staged a modest rebound after a prolonged slide, prompting speculation among crypto traders that the meme-inspired token could be approaching a technical breakout. The price movement has revived debate about whether the digital asset can escape months of bearish pressure or whether the uptick represents only a short-lived relief rally. Market data shows the token climbing from levels near $0.0000055 to around $0.0000060 during […]