Category: crypto

Robinhood has launched a public testnet for its Ethereum layer-2 network, Robinhood Chain, built using Arbitrum’s technology stack. The mainnet launch is scheduled for later this year, with plans for the Robinhood Wallet. The network aims to provide a seamless customer experience and is following competitors like Coinbase and Kraken.

Bitcoin wallet linked to ransom demand in the disappearance of Nancy Guthrie, mother of NBC Today co-anchor Savannah Guthrie, shows new activity. FBI investigating as likely abduction. No details on transaction disclosed. Global surge in cryptocurrency-linked kidnappings noted. Investigation ongoing. Other cases in France and Spain highlight risks for digital asset holders.

A key figure in a global cryptocurrency investment scam has been sentenced to 20 years in prison by a U.S. federal court. The scam defrauded victims of over $73 million through fake trading platforms and online deception. The mastermind, Daren Li, fled U.S. supervision and was sentenced in absentia. Authorities are working to locate and…

Fintech trade groups are urging the Federal Reserve to implement the Payment Account prototype, granting non-bank financial firms direct access to core payment systems. The move aims to improve competition and innovation in payments, but bank industry groups raise concerns about financial stability risks and unregulated activity outside of traditional supervision.

The Ethereum Foundation is sponsoring a security engineer from the Security Alliance (SEAL) to combat crypto drainers targeting Ethereum users. Drainer-related thefts have fallen to $84 million in 2025. SEAL aims to neutralize these threats through a comprehensive security dashboard. Other ecosystems can explore similar sponsorship models for user protection.

South Korea’s FSS is investigating Bithumb after a $43 billion Bitcoin error where users were mistakenly credited with excessive amounts of Bitcoin. The mistake was due to an internal error during a promotional event. Regulators are looking into Bithumb’s controls and potential violations, with penalties possible. The FSS is examining how Bithumb was able to…

Ethereum co-founder Vitalik Buterin sparks discussion on the relationship between Ethereum, artificial intelligence, and ambitious technological goals in a recent post on X. Buterin outlines key intersection areas, signaling a focus on long-term impact. He suggests Ethereum as an economic layer for AI and highlights the potential for AI-assisted onchain verification.

Changpeng Zhao criticizes scapegoating in the market, urging traders to take responsibility for their own risks. He argues that compliance and police cases, not social media outrage, determine when funds are frozen or released. Community reactions suggest support for Binance amid price declines for Bitcoin, Ethereum, and BNB.

Ethereum’s weak performance has led to debates among analysts about whether it is approaching a market bottom or if further downside is ahead. MVRV metrics suggest ETH is undervalued, similar to past crash periods that later saw strong recoveries. On-chain data shows signs of capitulation, indicating possible turbulence ahead.

Sam Bankman-Fried, serving 25 years for FTX fraud, denies bankruptcy claims on X from prison. He blames lawyers for a “bogus” Chapter 11, contradicting insolvency findings of an $8B fund hole. Despite limited social media access, his messages affect markets as traders react to his posts from prison.