Category: crypto

A lawsuit against Uniswap Labs alleging responsibility for scam tokens and rug pulls was dismissed by a federal judge. Judge Katherine Polk Failla ruled that Uniswap cannot be held liable for fraud by third-party token issuers. The lawsuit lacked sufficient evidence to support liability. Uniswap founder Hayden Adams called it a “good outcome.”

Former U.S. Treasury Secretary Janet Yellen warned that escalating U.S.-Iran conflict could complicate Federal Reserve’s interest rate cuts in 2026. Markets now predict no rate cut at March meeting due to rising oil prices and inflation expectations. Geopolitical tension in the Middle East adds inflationary pressure, making rate cuts less likely.

The US Attorney’s Office in Massachusetts filed a civil forfeiture action to recover $327,829.72 USDT linked to a romance scam and money laundering scheme. Stolen funds were converted to stablecoin to conceal their origin, with law enforcement seizing some wallets in August 2025. Efforts are ongoing to return funds to victims.

Ethereum (ETH) co-founder Vitalik Buterin has proposed technical changes to address proof-efficiency challenges. EIP-7864 suggests replacing the hexary keccak Merkle Patricia Tree with a binary tree using BLAKE3 for shorter branches. Buterin also proposes replacing the EVM with a RISC-V VM for greater efficiency and alignment with ZK provers.

Approximately 9.09 million Bitcoin (BTC) coins, or 46% of the circulating supply, are held at a loss in early 2025. This is the second-highest loss concentration since mid-2022. The high number of coins in loss reflects holders who entered the market during the 2024-2025 rally and are now underwater.

Despite escalating US-Iran conflict, crypto funds saw a $1.06 billion influx after a $4.0 billion outflow streak. Bitcoin led with $881.5 million inflows, while Solana remained top altcoin. Ethereum also had a strong week. Institutional investors took advantage of market weakness for strategic entry, showing resilience despite geopolitical uncertainty.

Tokenized gold tokens PAXG and XAUT are up about 1-2% to $5.4k amid Middle East conflict, while BTC, ETH, and SOL drop in 24-hour risk-off trade. PAXG trades at $5.4k with a $2.6b market cap, while XAUT trades near $5.32k with a $3.0b market cap. Gold-backed tokens are popular during geopolitical tensions.

Strategy Inc. purchased 3,015 Bitcoin for $204 million, increasing their total holdings to 720,737 BTC despite market weakness. The purchase was funded through ATM share sales. The company’s average cost basis is now $75,985 per BTC, with current holdings valued at $47-47.5 billion, resulting in an unrealized loss.

Chainlink has facilitated the bridging of Coinbase’s cbBTC to Monad, unlocking over $5B in Bitcoin-backed liquidity for DeFi applications. Developers can now access BTC-based lending and trading tools on Monad, with early adopters launching markets around the token. This partnership strengthens Chainlink’s position as a leading cross-chain infrastructure provider in the DeFi space.

JPMorgan analysts predict the Clarity Act could boost the U.S. crypto market by mid-2026, with potential for growth in the second half of the year. The bill would provide regulatory clarity, encourage institutional investment, and promote asset tokenization. However, some experts believe the market reaction could start well before the bill is passed.