Coinbase will charge a 0.1% fee on USDC-to-USD conversions exceeding $5 million within 30-day periods starting August 13, marking the first time the exchange has monetized its previously free stablecoin off-ramping service. The move follows disappointing Q2 earnings that triggered a 15% stock decline and prompted the company to announce plans for a $2 billion…
Hackers are hijacking older YouTube accounts to promote a crypto scam disguised as a trading bot, according to a new report from cybersecurity firm SentinelLABS. Key Takeaways: Hackers are using old YouTube accounts to promote crypto-draining bots disguised as trading tools. The smart contracts link to scammer wallets, enabling fund theft once victims deposit ETH….
US spot Bitcoin exchange-traded funds (ETFs) broke a four-day outflow streak on Wednesday, posting $91.5 million in net inflows, according to data from SoSoValue. Key Takeaways: US spot Bitcoin ETFs rebounded with $91.5M in net inflows, breaking a four-day outflow streak. BlackRock’s IBIT led the recovery, while ARK & 21Shares’ ARKB was the only major…
South Korean KakaoBank is reportedly entering the growing stablecoin market with plans to launch a KRW-backed stablecoin this year. The company CFO Kwon Tae-hoon said at KakaoBank’s first-half 2025 earnings call on Tuesday that the bank is “reviewing various methods such as issuance and custody related to the digital asset ecosystem.” “We plan to engage…
Jack Mallers, founder and CEO of Strike, ignited fresh debate over Washington’s still-undisclosed Bitcoin balance on Wednesday night, arguing that the US government is withholding the numbers because its position is “too small to lead” the digital-asset economy. “The US won’t disclose their BTC holdings. Why? Because they realized they don’t own enough,” Mallers posted…
Intellistake Technologies Corp., a company specializing in decentralized AI, announced that it has launched its institutional-grade self-custody wallet and validator infrastructure. This development marks a significant step in the company’s shift toward blockchain-integrated operations, with key infrastructure components now fully implemented to support its primary business functions. “With our infrastructure now live, we’ve taken the…
The next meeting for the Federal Open Market Committee (FOMC) is still more than a month away, but it is already garnering a lot of attention due to its importance and impact on the crypto market. Bets are already being placed on what will be the outcome of the meeting and subsequent announcement, with the…
The world of traditional finance (TradFi) is on the cusp of a profound transformation, driven by the relentless innovation of blockchain technology. While the introduction of Bitcoin ETFs marked a significant milestone, it was merely the first step. The real convergence, where TradFi’s vast capital meets the efficiency and transparency of decentralized finance (DeFi) is…
After the bearish price action that began over the last weekend, Bitcoin has left some unfilled gaps open that could point to where the price is headed next. With two Fair Value Gaps (FVGs) yet to be filled, according to crypto analyst TehThomas, investors should expect a wave of uncertain movement in either direction. This…
Bitwise CIO Matt Hougan weighed in on the Securities and Exchange Commission (SEC) Chair’s recent speech announcing the regulator’s new initiative to develop the digital crypto industry. Project Crypto, The ‘Most Bullish’ Document On Tuesday, Bitwise CIO Matt Hougan discussed the SEC Chair’s recent speech, titled “American Leadership in the Digital Finance Revolution.” In a…