Crypto News

Polymarket Plans to Launch a Stablecoin to Generate Yield on USDC Holdings

Polymarket, the blockchain-based prediction market platform, is planning to launch its own stablecoin to capitalize on the massive pools of USDC that are used...

London Gang Jailed After Kidnapping Barber Mistaken for Bitcoin Billionaire

Four individuals were convicted in a London court after an attempted kidnapping of a Belgian barber who was mistakenly believed to be a Bitcoin...

21Shares Submits Preliminary SEC Application for Ondo Finance-based ETF, $ONDO Price Jumps By 7%

A significant milestone in the history of crypto ETFs has been reached as 21Shares files a first draft prospectus with the United States Securities...

Investigation Links Crypto Influencer ‘Crypto Beast’ To $ALT Pump And Dump Of $11M

Crypto investigator ZachXBT has uncovered that the crypto influencer known as Crypto Beast falsely promoted the ALT token on X(Twitter) and Telegram earlier this...

Polymarket Acquires QCEX For $112M, Clears Path For U.S. Expansion

Polymarket has bought QCEX, the holding company of QCX exchange and QC Clearing, for $112 million this week. The move comes just days after US...

BitGo Files Confidential S‑1 Registration For Public Listing, Adding One More Name To Crypto IPO Filing List

BitGo, one of the largest crypto custody services in the US, secretly submitted a draft registration statement on Form S-1 to the SEC on...

Solana Ventures Refutes Mercurity Fintech’s $200M Equity Line of Credit for $SOL Token Treasury

In a recent development, Solana Ventures went public, dismissing reports published by Nasdaq-listed Mercurity Fintech regarding a $200 million equity line of credit.  The funding...

UK FCA And Met Police Seize Seven Illegal Crypto ATMs, Arrest Two In London

Seven crypto ATMs were seized and two people were arrested on Thursday in southwest London after an operation targeting illegal cryptocurrency exchanges.  The UK Financial...

Bitcoin Mining Firm Mawson Fires CEO Amid Serious Fraud and Fiduciary Breach Allegations

Mawson Infrastructure, a Bitcoin hosting and mining company, unexpectedly terminated CEO and President Rahul Mewawalla due to serious fraud and breach of fiduciary duty...

Cathie Wood’s ARK Invest Sells $148M in Tech Stocks and Commits $174M to Ethereum-centric Treasury Firm

Cathie Wood's ARK Invest had undertaken a significant portfolio reshuffle, unloading $148 million of leading tech and fintech names in anticipation of placing a...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...