Solana's price action hinted at a potential major move but the direction was unclear.

The story of a Wales man who believes he accidentally threw away $750 million worth of Bitcoin is now poised to get the Hollywood treatment.  On Wednesday, a new Los Angeles-based production company, Lebul, announced that it secured the exclusive rights to tell the story of James Howells, an IT engineer who mined 8,000 BTC back in 2009—when the tokens were effectively worthless—and then lost them all.  Howells maintains that a former lover threw away a hard drive containing the tokens back in 20...

Digital assets may be firmly in the mainstream, with institutional involvement and a crypto-friendly president in the White House.  But hackers and fraudsters are having a field day so far this year. Crypto users have lost over $1.7 billion to these groups—already 14% more than 2024’s total losses of $1.49 billion, according to blockchain security firm Immunefi. In the same period last year, losses totaled $420 million, the firm said.  The report comes amid ongoing concerns about the vulnerabil...

Shuttered Russian exchange Garantex has rebranded as Grinex, according to on-chain analysis from blockchain intelligence firm TRM Labs. Garantex handled over $100 billion in transactions prior to its dismantling by international enforcement agencies in March of this year. Yet analysis from UK-based TRM Labs suggests that Grinex has been onboarding Garantex users and redistributing their assets in the form of A7A5, a ruble-pegged stablecoin available on Tron and Ethereum. Garantex wallet addresse...

Bitcoin fell on Wednesday after the U.S. economy shrank for the first time in three years, underscoring recession concerns.  But an economic contraction might actually be bullish for the asset, according to one analyst. The growing prospect of a U.S. recession–typically defined as a decline in GDP for two straight quarters–is lifting rate cut hopes as the dollar appears to be weakening, André Dragosch, European head of research at crypto asset manager Bitwise, told Decrypt. “I think the bull mar...

BTC season persists in 2025, when will capital rotate back to altcoins?

A discarded hard drive, a billion-dollar Bitcoin wallet, and a trash-strewn landfill in Wales are now the foundation for a high-stakes docuseries

U.S. stocks closed mixed on Wednesday, wrapping up a turbulent April marked by economic contraction and trade policy uncertainty. 

An elderly American has been identified as the victim of a $330.7 million Bitcoin theft—one of the largest crypto heists on record—according to blockchain investigator ZachXBT

Coinbase has made an official statement in the landmark Supreme Court case, which challenges IRS's powers to demand crypto-related data.

FIFA Collect, the official digital collectibles platform for the International Federation of Association Football (FIFA) soccer organization, will migrate to its own Ethereum Virtual Machine (EVM) compatible FIFA blockchain—leaving behind Algorand in the process.  Scheduled to occur no sooner than May 20, the migration away from Algorand does not require any immediate action from FIFA Collect users or NFT owners.  “As FIFA Collect evolves, we are migrating the platform to the FIFA Blockchain, an...

72% below last winter’s peak, this inflow could unleash a short squeeze—or trigger an even steeper slide.

Binance co-founder and former CEO Changpeng “CZ” Zhao claims to have been offering advice on how to set up crypto strategic reserves to countries across the globe. And he thinks that Europe is failing to keep up with adoption. “We are talking with many countries, advising on how to set up a crypto strategic reserve,” Zhao said on a Token2049 panel. “Very basic fundamental stuff like what wallet solutions to use? Do you use a professional custody solution, or do you use your own cold wallets?” Th...

Visa and Bridge are partnering to launch stablecoin-linked Visa cards for seamless crypto-backed payments

Cryptocurrencies have failed to deliver on their promises, cryptography pioneer Adi Shamir suggested at the RSA Conference in San Francisco, California, on Tuesday. "My personal opinion is that the world would have been better without cryptocurrencies," he told attendees of an expert panel at the conference, per an initial report by The Register. Shamir, co-inventor of the RSA encryption algorithm, was unequivocal about his position. While praising Satoshi Nakamoto's seminal whitepaper on Bitco...

Ripple proposed an acquisition of stablecoin rival Circle Internet Group Inc. for $4 billion to $5 billion.

KuCoin is investing $2 billion to boost user trust in the centralized exchange.

What’s driving the UK’s sudden shift toward stricter crypto regulations?

Eric Trump has launched a scathing attack on traditional finance—and is warning banks that if they fail to embrace crypto, they’ll "be extinct in 10 years." Speaking to CNBC, the Trump Organization's executive vice president said modern systems used to move wealth worldwide are "broken, slow and expensive." He described SWIFT, the global network used to facilitate international payments, as an "absolute disaster." The president's son said his business regularly ends up racing to send or receive...

Coinbase is urging the U.S. Supreme Court to take up a case that could fundamentally reshape digital privacy laws in America. Though not a direct party to the case, Coinbase joined several states, Elon Musk's X (formerly known as Twitter) and a handful of privacy advocacy groups in filing an amicus brief in Harper v. O'Donnell on Wednesday morning, calling on the Court to reconsider how the so-called third-party doctrine is applied in the digital age. The doctrine, dating back to the 1970s, hold...