Crypto News
Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20 filing with the US Securities and Exchange Commission (SEC), the firms will target claims that have received definitive legal rulings but are still awaiting distribution….
In a strongly worded post on social media platform X, TechCrunch founder and prominent investor Michael Arrington sounded the alarm over the human cost of the recent Coinbase data breach. According to Arrington, the hack, which reportedly exposed customer home addresses and account balances, poses more than just a financial threat. I am a long…
Senator Elizabeth Warren (D-MA) criticized U.S. President Donald Trump’s crypto ventures on the Senate floor on Monday, warning the American public that the country could face a “financial meltdown triggered by crypto instability.” Elizabeth Warren Warns of Financial Meltdown Speaking ahead of the Senate’s successful procedural vote on the GENIUS Act on Monday, Warren criticized…
Rumors of a potential acquisition of Circle Internet Financial — the firm behind the USDC stablecoin — have injected fresh momentum into XRP, sparking a 5% price jump and strengthening the bullish XRP price prediction. Still, the news may not be fully priced in. XRP has since retraced to $2.35, alongside a 25% drop in…
Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations. The motion follows FTX’s attempt to claw back funds and blame Binance and its former CEO, Changpeng Zhao, for contributing to its collapse. However, Binance has rejected these claims, calling them speculative…
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Dogecoin (DOGE) has dropped by 3% in the past week and currently sits at $0.2205 as the meme coin rally has cooled down a bit after days of strong price upticks and above-average trading volumes. $1.8 billion worth of DOGE has exchanged hands in the past 24 hours, resulting in a 37% decline in trading…
A growing number of Americans believe the US government should convert part of its gold reserves into Bitcoin. According to a recent poll by The Nakamoto Project, four out of five respondents support converting a portion of the country’s gold holdings into Bitcoin. Americans Want Bitcoin. (Source: Nakamoto Project) The polling results showed that more…
India’s Supreme Court has directed regulatory bodies to develop clear guidelines for governing crypto activities in the country, according to a May 20 report from local outlet Bar and Bench. According to the report, the apex court emphasized that regulators should focus on establishing oversight frameworks that reflect the rising adoption of digital assets across…
Ed Suman, a 67-year-old retired artist who helped create large sculptures like Jeff Koons’ Balloon Dog, reportedly lost his entire life savings — over $2M in digital assets — in a sophisticated scam. The incident is believed to be tied to the major data breach at Coinbase, one of the world’s largest digital asset exchanges….
