Category: crypto

SEC and CFTC issue joint interpretation clarifying that most crypto assets are not securities under federal law. The guidance introduces a token classification framework and clarifies treatment of various on-chain activities. This interpretation aims to provide market participants with a clear understanding of how federal securities laws apply to crypto assets, promoting greater institutional adoption…

Bitrefill suspects that the Lazarus Group was behind a cyberattack on their crypto e-commerce store. Attackers compromised an employee laptop and stole funds from hot wallets. Limited customer information was exposed, and around 18,500 purchase records were accessed. Bitrefill has strengthened its security measures and absorbed the losses.

Senator Tim Scott anticipates a compromise on stablecoin yield payments this week, potentially advancing the stalled Senate crypto market structure bill. Talks have slowed over the ban on third parties offering stablecoin yield, with banks fearing deposit outflows and crypto firms calling it anti-competitive. Progress is being made on other provisions as well.

Pi Network price has dropped more than 10% in the past 24 hours and 38% from its recent peak due to bearish technical indicators. The MACD bearish crossover and upcoming token unlock event have caused investors to sell, leading to a potential further decline in price towards key support levels.

The Bitcoin derivatives market is at risk of billions of dollars in forced liquidations due to a narrow price band. If BTC falls below $70,180, long liquidations could reach $1.79 billion, while a break above $77,211 could lead to $1.684 billion in short liquidations. Traders are exposed to violent moves if price breaks out of…

A whale transferred 500 million USDT to Binance, increasing stablecoin liquidity. This move comes as Bitcoin and Ethereum are near liquidation bands. Large Tether transfers to exchanges can impact futures trading and market volatility. The transfer highlights how whales can influence liquidity and risk in the market.

Arbitrum’s 2025 Transparency Report shows over 2.1 billion transactions, $20 billion in TVL, nearly $10 billion in stablecoins, and increased RWA and ETF activity attracting institutions. The platform is focusing on becoming an institutional settlement layer with upgrades like ArbOS, BoLD, and Stylus, generating revenue and expanding its ecosystem.

Citibank has lowered its 12-month price targets for Bitcoin and Ethereum due to stalled U.S. crypto legislation and waning ETF interest. The bank now predicts Bitcoin at $112,000 and Ethereum at $3,175 in the coming year, citing regulatory uncertainty and weak on-chain activity. A more optimistic scenario sees Bitcoin reaching $165,000 and Ethereum at $4,488…

Hyperliquid whale positioning on decentralized derivatives venue Hyperliquid has reached $3.64 billion, with leverage evenly split between longs and shorts. Long positions have $57.38 million in profits, while shorts are down $11.16 million. A standout wallet has a 20x ETH long with $15.14 million in gains. The market structure suggests a potential for a sharp…

DAO platform Tally is shutting down after six years due to decreased demand for DAOs as regulatory protection and heavy governance tools. The shift in the U.S. regulatory climate towards a more permissive framework has made complex governance structures less necessary, leading to the closure of platforms like Tally.