Category: crypto

In February, Robinhood saw a 9% increase in crypto trading to $25 billion, while equity, options, and event contracts decreased. This indicates that speculative energy has shifted back to cryptocurrencies. Crypto trading through Robinhood and Bitstamp has increased, while other trading volumes have declined, showing a clear trend towards digital assets.

Short-term crypto bets on prediction platforms Polymarket and Kalshi have surged, accounting for over half of their trading volume. Retail traders and HFT firms engage in five-to-fifteen-minute gambling loops, with AI bots generating odds for quick wins. Regulators still label these tools as hedging, but critics warn of drifting into pure gambling.

Token2049 Dubai has been postponed to April 21–22, 2027 due to safety concerns related to regional tensions. The cancellation follows the TON Gateway event in Dubai being called off. Ticket holders can use their passes for the rescheduled event in 2027 or transfer them to the Singapore event. Refund details are still pending clarification.

The U.S. Court of Appeals for the Tenth Circuit denied Custodia Bank’s appeal against the Federal Reserve regarding access to the U.S. banking system. The decision allows regional Federal Reserve banks to decide on granting “master accounts” for direct access to the central bank’s payment infrastructure. Custodia Bank, focused on digital assets, sought a master…

French Hill, chair of the U.S. House Financial Services Committee, discussed the CLARITY Act as a potential solution to unresolved issues in the GENIUS Act. The legislation aims to provide equal rules for bank and nonbank stablecoin issuers, with bipartisan support in the House. Major banks have expressed concerns about potential competitive advantages for crypto…

Former UK Prime Minister Boris Johnson criticized Bitcoin, comparing it to a Ponzi scheme, citing a church acquaintance who lost money in a supposed crypto investment. Johnson questioned the value of Bitcoin, contrasting it with traditional assets. Michael Saylor, a prominent Bitcoin advocate, defended the cryptocurrency’s structure and decentralized nature, denying it is a Ponzi…

Three Democratic senators will oversee the U.S. Justice Department’s investigation into Binance for possible violations of sanctions related to Iran-linked transactions. The probe comes after reports of over $1 billion in crypto transfers being examined by federal investigators. Binance denies allegations and faces scrutiny for previous violations of U.S. laws.

The Bitcoin Policy Institute plans to review and respond to an upcoming Federal Reserve proposal that will impact how U.S. banks treat Bitcoin under international banking standards. The proposal will open a 90-day public comment period, with Bitcoin currently assigned a 1250% risk weighting under Basel rules, making it difficult for banks to provide services…

Ethereum co-founder Vitalik Buterin clarified that his massive 2021 crypto donation to the Future of Life Institute came from SHIB tokens received during the memecoin boom. He warned against centralized AI safety policies and lobbying efforts, emphasizing the importance of open-source technologies to address high-risk scenarios without geopolitical tensions.

The U.S. Treasury has sanctioned individuals and entities involved in a North Korean IT worker fraud network that generated funds through stolen identities and remote jobs. Cryptocurrency was used to launder proceeds linked to weapons programs. The sanctions aim to cut off revenue streams for North Korea’s military programs.