Crypto News
The latest cryptocurrency news, market moves and industry updates.
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
The sale of BitMEX has collapsed as potential buyers walked away due to concerns over founder ownership and the exchange's shrinking business
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
Bybit has sued North Korea and the Lazarus Group over a $1.5 billion hack, securing an asset freeze.
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin reached a month-to-date high above $65,000 following low US jobs data, influencing Fed rate bets.
OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin
OKX executive doubts the Clarity Act will pass, warns optimism is already priced into bitcoin, according to CoinDesk
How a five-second trick let traders drain millions from Polymarket
A five-second trick allowed traders to drain millions from Polymarket, prompting changes to prevent similar exploits
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto businesses are increasingly mirroring traditional banking, with stablecoin reserves and Treasury income becoming key profit drivers. This convergence is changing the crypto industry's landscape.
A part of FTX survived, and it’s the case for the CLARITY Act
The collapse of FTX left some parts intact due to legal bindings, making a case for the CLARITY Act, according to Randi Abernethy, as mainstream finance converges with digital assets
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
Russia has cracked down on unlicensed crypto exchanges it claims are linked to Ukraine, with at least 20 arrests made in connection with a scam ring.
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum's proposed EIP-8363 staking overhaul sparks fierce backlash over concerns it could negatively impact DeFi and decentralization