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Crypto exchange and data analytics firm Arkham Intelligence has announced it will begin offering spot crypto trading to users in 17 U.S. states starting March 1, 2025. The move is a significant expansion for the platform, following through on its November 2024 promise to diversify trading options beyond its USDT-based perpetual contracts. The new spot
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The Doodles NFT collection experienced its second major trading surge of 2024, hitting $16 million in weekly volume after announcing its upcoming Solana-based memecoin, $DOODS. This spike marks the second-highest trading week for Doodles, trailing only behind the $24 million peak during Pudgy Penguins’ $PENGU token launch. The floor price of Doodles NFTs surged to
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The massive $1.5 billion hack on Bybit has officially been attributed to North Korea’s notorious Lazarus Group, following a thorough investigation by Arkham Intelligence. The confirmation came after renowned blockchain investigator ZachXBT submitted decisive evidence pinpointing Lazarus as the perpetrators behind what is now considered the largest single theft in crypto history. At exactly 19:09
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In one of his final public appearances as the Federal Reserve’s Vice Chair for Supervision, Michael Barr took the opportunity to clarify the Federal Reserve’s stance on banks engaging with cryptocurrency businesses, a topic that has sparked debate amid increasing regulatory scrutiny. This came In a recent address at the Council on Foreign Relations, where
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Pi Network, the smartphone mining project boasting over 60 million users, officially launched its native PI token on Thursday, delivering a wild trading debut marked by sharp price swings. The token opened at $1.70 at 09:00 UTC, immediately attracting market attention and climbing to $2.00 within minutes, marking an 18% surge. However, the early excitement
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Brazil just made crypto history— Brazil’s Comissão de Valores Mobiliários (CVM) have approved the world’s first spot XRP exchange-traded fund (ETF). The fund, officially titled HASHDEX NASDAQ XRP Fundo de Índice, is managed by Hashdex and administered by Genial Investimentos, marking a major step forward in mainstream crypto adoption. The ETF is currently in its
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Decentralized finance (DeFi) platform MANTRA has officially secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), marking a significant milestone in its mission to bridge the gap between decentralized and traditional finance. This license grants MANTRA the authority to operate as a virtual asset exchange while offering broker-dealer and
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Utah is inching closer to becoming one of the first U.S. states to officially invest public funds in Bitcoin. The state’s “Blockchain and Digital Innovation Amendments” bill, also known as H.B. 230, took a significant step forward this week, advancing to the Senate Revenue and Taxation Committee after its first reading on February 7. The
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Digital asset investment products have recorded their first substantial outflows in 19 weeks, totaling $415 million. This downturn coincides with the Federal Reserve’s recent hawkish rhetoric and higher-than-anticipated inflation data, prompting investors to reassess their positions in the cryptocurrency market. The outflows mark a departure from the prolonged inflow streak that amassed $29.4 billion post
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Shares of HK Asia Holdings Limited, a Hong Kong-based investment firm, surged nearly 93% on February 17 after the company disclosed its purchase of one Bitcoin for approximately $96,150, funded through internal resources. The announcement marked the firm’s symbolic entry into cryptocurrency holdings, citing Bitcoin as a “dependable store of value” amid global economic uncertainty.
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Quick Facts: Following the $LIBRA token collapse, which wiped out over 94% of its value after Argentine President Javier Milei’s endorsement, Binance founder Zhao Changpeng (CZ) has pledged 150 BNB (approximately $100,000) to assist affected Argentine students. The donation, made through EnHeng’s charitable initiative, adds to an existing $50,000 relief fund, bringing the total fund
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Quick Facts: In a series of transactions on Thursday, World Liberty Financial spent $1.4 million in USDC to acquire 2.52 million MOVE tokens, Movement Labs’ native utility token. The firm also used $5 million in USDC to purchase 52 wrapped Bitcoin (WBTC). Beyond direct purchases, WLF staked 2,221 ETH worth $5.9 million through Lido Finance
