News

Latest news from the Web3 ecosystem

Senator Initiates Binance Investigation Over Sanctions Compliance

Senator Initiates Binance Investigation Over Sanctions Compliance

A U.S. Senator has launched an investigation into cryptocurrency exchange Binance. The probe focuses on allegations that the exchange may have facilitated transactions that violated sanctions against Iran and Russia.

1 min read
MicroStrategy's Stock Faces Significant Short Interest

MicroStrategy's Stock Faces Significant Short Interest

MicroStrategy's (MSTR) stock has become the most heavily shorted in the U.S. However, this significant short interest may not solely indicate bearish sentiment, but rather complex trading strategies.

2 min read
Bitcoin Recovers to $66K Amid Speculation on Jane Street's Trading Activity

Bitcoin Recovers to $66K Amid Speculation on Jane Street's Trading Activity

Bitcoin surged back above the $66,000 mark, prompting discussions among traders about the factors influencing the price recovery, with a particular focus on potential selling algorithms from Jane Street.

1 min read
Anchorage Acquires Strategy Tokens Amidst Increased Short Interest

Anchorage Acquires Strategy Tokens Amidst Increased Short Interest

Digital asset custodian Anchorage Digital has acquired a significant amount of Strategy's STRC token, coinciding with Strategy becoming the most heavily shorted large-cap stock.

1 min read
US Seizes $61M USDT in Major Crypto Fraud Bust

US Seizes $61M USDT in Major Crypto Fraud Bust

Authorities in North Carolina have successfully frozen $61 million in USDT, tracing the stablecoin's flow back to a sophisticated 'pig butchering' cryptocurrency fraud scheme. This action highlights law enforcement's growing capabilities in combating digital asset-based illicit activities.

2 min read
Bitcoin ETFs See $258M Inflows Amidst Institutional Q4 BTC Sell-off

Bitcoin ETFs See $258M Inflows Amidst Institutional Q4 BTC Sell-off

US spot Bitcoin ETFs recorded $258 million in inflows on Tuesday, with major players like Fidelity and BlackRock driving demand despite broader market challenges and significant institutional selling in the fourth quarter.

1 min read
Hong Kong Launches Digital Bond Platform, Eyes Regional Tokenization Links

Hong Kong Launches Digital Bond Platform, Eyes Regional Tokenization Links

Hong Kong is set to develop a digital asset platform for tokenized bond issuance and settlement. The initiative aligns with the city's broader push for stablecoin licensing and the expansion of its regulatory framework for digital assets.

1 min read
Tether Market Cap Declines, Signaling Broader Stablecoin Stagnation

Tether Market Cap Declines, Signaling Broader Stablecoin Stagnation

Tether, the largest stablecoin by market capitalization, has experienced a further reduction in its supply. This contraction, coupled with a general slowdown in major stablecoin growth, raises concerns for the overall cryptocurrency market.

1 min read
Vitalik Buterin Sells 17,000 ETH Amidst February Price Drop

Vitalik Buterin Sells 17,000 ETH Amidst February Price Drop

Ethereum co-founder Vitalik Buterin has sold approximately 17,000 ETH from his tracked wallets in February. The sales occurred as the price of Ether experienced a significant decline.

1 min read
Anchorage Digital Adds Strategy's Preferred Stock to Balance Sheet

Anchorage Digital Adds Strategy's Preferred Stock to Balance Sheet

Anchorage Digital, a federally chartered crypto bank, has acquired preferred stock from bitcoin treasury firm Strategy, integrating a new asset class onto its balance sheet.

1 min read
Dogecoin Surges 5%, Establishing New Support Level

Dogecoin Surges 5%, Establishing New Support Level

Dogecoin experienced a notable price increase of 5%, successfully breaking through a key resistance level and transforming it into support. The cryptocurrency is currently consolidating, indicating sustained positive momentum.

1 min read
River: Bitcoin Adoption Surged in 2025 Despite Price Dip

River: Bitcoin Adoption Surged in 2025 Despite Price Dip

Bitcoin adoption experienced significant growth in 2025, signaling its maturation as an asset class, according to River's latest analysis. This surge occurred even as the cryptocurrency's price declined by half from its previous peak.

1 min read