Tag: Cryptonews

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Bernstein Analyst Lifts Coinbase Stock Target To $510, Calls It “Most Misunderstood Company”

In a recent report, Bernstein analyst Gautam Chhugani stated out his outperform rating on Coinbase and raised his price target from $310 to $510.  This...

Barclays Bank Bans Barclaycard Use For Crypto Purchases Starting June 27

In a recent move, from 27 June 2025, Barclays will stop customers using their Barclaycards for any cryptocurrency transactions. The bank said it recognises...

Ethereum Foundation To Match $2M Tornado Cash Founders’ Fundraising For Legal Defense

Ethereum co-founder Vitalik Buterin announced on his X(Twitter) account that the Ethereum Foundation is matching donations to support the legal defence of Roman Storm. https://twitter.com/VitalikButerin/status/1937762157854359734   Storm,...

Unsealed Complaint Reveals DCG Knew Of Financial Risks Before Genesis Bankruptcy

A newly unsealed complaint filed Tuesday in Delaware’s Court of Chancery reveals that Digital Currency Group (DCG) leaders knew of financial mismanagement and legal...

China’s Aurora Mobile To Allocate Up To 20% Of Cash Reserves Into Bitcoin, Ethereum, Solana And More

Aurora Mobile Ltd. announced Tuesday that its Board of Directors has approved a plan to invest up to 20% of the company’s cash and...

Coinbase Reportedly Helped the US Secret Service to Seize $225M in Stolen Cryptocurrency

Coinbase said on Tuesday that it played a key role in helping the U.S. Secret Service seize $225 million in stolen cryptocurrency.  The funds date...

Decentralised Betting Platform Polymarket Nears $200M Round As Valuation Tops $1B

Polymarket, a decentralised prediction market platform, is in advanced talks to raise $200 million this month, a round that would push its valuation past...

Sphinx Protocol Closes $2M Pre-Seed Round To Power New Energy Exchange For Efficient Crypto Trading

Sphinx Protocol, an institutional-grade commodity derivatives exchange built on its own permissioned Layer 1 blockchain, announced today that it has raised $2 million in...

Mastercard Becomes Member Of Global Dollar Network, Helps Launch USDG Stablecoin

Mastercard announced on Tuesday that it has become a member of the Global Dollar Network, a stablecoin consortium led by Paxos and including Robinhood...

Turkish Treasury Tightens Anti-Laundering Rules For Crypto Asset Providers

Turkey’s Ministry of Treasury and Finance is moving swiftly to curb money laundering through digital assets. It will require Crypto Asset Service Providers to...

Spyware “SparkKitty” On Android And iOS Targets Crypto Wallet Backups In Photo Apps: Kaspersky

Kaspersky researchers have found a new spy Trojan called SparkKitty that has been active since at least April 2024 on iOS and Android devices....

COIN Act Proposed By Democrats To Stop Officials, Including President Trump, Earning From Digital Assets

Democratic lawmakers in Washington have introduced a bill to prohibit U.S. public officials from earning money through digital assets during and after their tenure...