Category: crypto

Ripple issued a warning to the XRP community about a fake Instagram account impersonating CEO Brad Garlinghouse, promoting an XRP giveaway scam. Ripple’s David Schwartz emphasized that executives will never ask for funds online. This is part of ongoing efforts to educate users about common crypto scam tactics using Ripple’s name.

US Consumer Price Index (CPI) rose 3.3% in March, driven by energy prices. Bitcoin climbed above $72,000 after the inflation report. Traders expect the Federal Reserve to keep rates unchanged in April. Energy costs were the main source of price pressure, with gasoline prices rising sharply. The inflation report highlighted ongoing pressure on consumer prices.

Coinbase CEO Brian Armstrong now supports the Digital Asset Market Clarity Act after opposing an earlier version in January. US Treasury Secretary Scott Bessent urged Congress to move the bill forward. Senate Banking Committee action is pending. Armstrong’s shift in support follows months of negotiations on the bill’s provisions.

CoreWeave signed a multi-year agreement with Anthropic to support Claude AI workloads in its data centers, serving nine major developers of large language models. The deal boosts CoreWeave’s position in the AI sector, leading to a 10% stock rise. The company shifted from crypto mining to AI infrastructure in 2019.

Prediction market users turned to Kalshi and Polymarket as NASA’s Artemis II mission returned to Earth, trading on future Moon landing timelines and words that might appear in the agency’s post-splashdown briefing. This trading activity added a new space-related category to the broader event-contract market, drawing attention from lawmakers and regulators.

The US Commodity Futures Trading Commission has appointed the first members of its new Innovation Task Force to work on crypto regulation. The agency also introduced an innovation tracker for crypto, AI, and prediction markets. Their roles may depend on the passing of the CLARITY Act. Lawmakers are still debating the Act’s implications for digital…

Bitwise Asset Management is progressing towards launching a spot Hyperliquid exchange-traded fund in the US. The updated filing now includes the BHYP ticker and a 0.67% fee. If approved, Bitwise will be the first to offer a spot fund tied to HYPE, with a staking feature setting them apart from competitors. Hyperliquid has seen strong…

A federal judge in Arizona has temporarily halted state officials from enforcing gambling laws against Kalshi, a prediction market platform regulated by the Commodity Futures Trading Commission. The ruling is part of a broader legal dispute over whether event-based contracts should be treated as financial products or gambling under state rules.

Reports of Iran potentially accepting cryptocurrency for oil tanker tolls in the Strait of Hormuz have caused a divide in the digital asset market. While some believe Bitcoin would be harder to control, others suggest stablecoins or Chinese yuan as alternative options. The lack of a clear payment framework has led to uncertainty.

Aethir confirmed that it successfully contained an attack on its ATH bridge contracts, keeping user losses below $90,000. The exploit did not affect the main ATH supply on Ethereum, and affected contracts were disconnected to prevent further damage. A full compensation plan will be shared next week. Exchanges like Binance, Upbit, and Bithumb blacklisted identified…