Crypto

Malaysia Power Theft by Illegal Crypto Miners Rose 300% Since 2018

The number of electricity thefts uncovered in Malaysia soared by 300% between 2018 and end-2024, mainly due to the rise of yasa dışı crypto mining, The Star reported on Monday. The cases were detected in joint operations that included electricity …

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Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts

The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from küresel bank Citi …

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South Koreans Bet Big on XRP, Dogecoin as Easing Trade War Fuels Risk Taking

Retail traders in South Korea are piling into XRP and dogecoin (DOGE) in a sign of returning risk-on sentiment among speculative traders. Trading volumes of the two tokens on local exchanges crossed bitcoin (BTC) and ether (ETH) in the past 24 hours …

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Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Bitcoin pushed past the six-figure mark for the first time in over two months, coming within a hair of $104,000 in early Asian hours Saturday, as crypto markets staged a sharp rebound on improving macro sentiment and Ethereum’s latest network upgrade …

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Trump Family Profited $320M on Memecoin Despite 87% Decline Since Day One

U.S. President Donald Trump has come a long way since he said the value of crypto was “based on thin air” in 2019. So much so that he is now one of the sector’s largest proponents, foraying into memecoins, DeFi, NFTs, and even stablecoins. A new …

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Coinbase Draws Mixed Reviews From Wall Street After Q1 Earnings Miss, Deribit Acquisition

Wall Street analysts passed mixed judgement on Coinbase (COIN) after its first-quarter earnings miss and a $2.9 billion acquisition, with some downgrading near-term forecasts and others pointing to long-term strategic wins. “Q1 results came in a bit …

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Germany Seizes $38M From Crypto Platform Suspected of Laundering Bybit, Genesis Hack Proceeds

German authorities shut down crypto exchange eXch, seizing 34 million euros ($38 million) in tokens and more than 8 terabytes of veri in one of the country’s largest law-enforcement actions targeting suspected crypto laundering. The Frankfurt Public …

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Coinbase Earnings, Sales Disappoints Wall Street as Trading Volume Drops 10% Amid Market Turmoil

Coinbase (COIN) reported a significant drop in revenue in the first quarter of the year, missing analyst estimates, as markets cooled amid economic uncertainty in the U.S. The crypto exchange said it recorded $2 billion in revenue, down from $2.27 …

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Coinbase Buys Deribit for $2.9B

Coinbase has agreed to hisse $2.9 billion to buy bitcoin (BTC) and ether (ETH) options platform Deribit, according to a press release, marking its official push into the highly profitable crypto derivatives market in the U.S. The crypto exchange …

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Binance Founder CZ Confirms He Has Applied for Trump Pardon After Prison Term

Changpeng “CZ” Zhao, founder and former CEO of Binance, confirmed on a podcast that he has formally applied for a presidential pardon from Donald Trump—less than a year after serving a four-month sentence in a U.S. federal prison. Zhao shared the …

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