Category: Cryptocurrency

Terraform Liquidator Sues Jump Trading for $4B; Alleges $1.3B ‘Secret’ Profit

Terraform Labs' bankruptcy estate seeks $4 billion from Jump Trading, alleging the firm made $1.28 billion in illicit profits by...

SEC Classifies Hosted Mining as ‘Securities’ in $95M VBit Fraud Case

The SEC alleges VBit Technologies ran a $48.5M Ponzi-like scheme, using the case to set a precedent that pooled mining...
3 weeks ago Cryptocurrency, DeFi

Bitcoin $85K Rejection Flushes $550M; Market Ignores ICE-MoonPay Deal

A sharp rejection at $85,000 triggered a $550M leverage flush, ignoring bullish institutional news from ICE and MoonPay.
3 weeks ago Cryptocurrency, DeFi

Google Quietly Backstops $5B Bitcoin Miner Pivot via ‘Shadow Credit’

Google is using a 'shadow credit' mechanism to funnel $5 billion into Bitcoin miners like TeraWulf and Cipher, effectively underwriting...

Ethereum Foundation Flags ‘State Bloat’ Crisis; ETH Slips Below $2,850

Researchers warn that scaling success is accelerating 'state bloat,' threatening to centralize node operations among a few wealthy entities.

Analyst Warns of ‘Single Point of Failure’ in 2026 ETF Glut

With Coinbase holding 85% of Bitcoin ETF assets, analysts warn that the incoming flood of 100+ new funds in 2026...

Intuit Integrates USDC Across TurboTax and QuickBooks; Circle Partnership Targets $100B Tax Flows

Intuit taps Circle to power backend settlements for TurboTax and QuickBooks, targeting $100B in annual tax refunds with 24/7 USDC...
3 weeks ago Cryptocurrency, Governance

NYSE Parent ICE Negotiating Stake in MoonPay at $5B Valuation

Intercontinental Exchange targets a $5B valuation for MoonPay, seeking exposure to the crypto 'on-ramp' sector following the firm's NYDFS regulatory...
3 weeks ago Cryptocurrency, DeFi

PayPal Targets AI Credit Crunch: PYUSD to Finance GPU Clusters via USD.AI

PayPal partners with Arbitrum-based protocol USD.AI to let compute operators use GPU collateral to borrow PYUSD, bridging the gap between...
3 weeks ago Cryptocurrency, Security

North Korea Clears Record $2B in 2025 Crypto Thefts; Bybit Breach Drives 75% of Losses

Lazarus Group's theft volume surged 51% in 2025, driven by the $1.5B Bybit hack and evolving supply chain attacks.