Category: crypto
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Everdawn labs’ Omnichain stablecoin USDT0 tops $50b in transfers
Everdawn Labs’ USDT0 stablecoin, pegged to Tether, has seen over $50 billion in transfers across 15 networks, with significant volume in the last month. Launched in 2025, the token processes transactions on various chains, providing infrastructure for payments and settlement. It is part of Everdawn Labs’ omnichain strategy.
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BitMine expands Ethereum holdings with $44M ETH buy
BitMine Immersion Technologies, led by Tom Lee, purchased 14,618 ETH worth $44.34 million. The firm now holds 3.63 million ETH, representing 3% of the total supply. BitMine plans to stake ETH through its Made in America Validator Network pilot in 2026. The company’s strategic shift towards Ethereum has been funded by raising $7 billion and…
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Solana browser extension ‘Crypto Copilot’ exposed for diverting user funds in secret trades
The Chrome Solana extension ‘Crypto Copilot’ has been found to covertly divert user funds in swaps by embedding hidden transfer instructions in transactions. This incident highlights the security risks associated with browser-based cryptocurrency tools and the importance of user transaction verification to prevent unauthorized fund diversions.
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South Africa shelves retail CBDC plans as central bank focuses on wholesale use cases
South Africa’s central bank has determined that there is no immediate need for a retail central bank digital currency (CBDC). The bank will focus on strengthening core financial infrastructures and expanding access to financial services. The country is also facing risks from the surge in stablecoins and cryptocurrencies, prompting the central bank to work on…
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Cardano recovery hinges on 0.53 dollar resistance as Midnight launch nears
Cardano’s recovery hinges on breaking through a resistance level at $0.53 amid weak money flows and split sentiment on its long-term viability. Technical indicators show conflicting signals, with RSI bullish divergence but negative Chaikin money flow. The upcoming Midnight sidechain launch and stablecoin plans contrast with criticisms and uncertain future rankings.
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Ark invests in Coinbase, Block and Circle as crypto-linked stocks slide
Ark Invest increased its positions in Coinbase, Block, Circle, and other crypto-linked stocks as sector valuations dropped during a market pullback. The firm purchased shares in Bullish, Robinhood Markets, and its Ark-21Shares spot bitcoin ETF, raising its overall exposure to crypto-linked equities amidst a broader downturn in the market.
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AI trading bots promise passive income, but how do bots fare in volatile markets?
AI trading bots automate 24/7 forex strategies but struggle with volatility, requiring strict testing and risk limits. Experts recommend continuous monitoring, stop-loss orders, and small position sizes. MT4 and MT5 platforms are popular, with VPS infrastructure crucial for low-latency execution. Industry analysis suggests active oversight to mitigate risks.
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Future trading stopped as cooling issue at data centers
CME Group suspended trading of various asset classes due to a cooling issue at a data center. This impacted major market indices, currency pairs on EBS, and led to outdated futures prices and quotes for commodities. The outage also affected the EBS foreign exchange platform, causing disruptions for traders.
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Arthur Hayes says equity price discovery will shift to 24/7 crypto perpetual markets
Arthur Hayes predicts that equity price discovery will move to 24/7 crypto perpetual markets, putting pressure on traditional exchanges as regulations become more crypto-friendly. He believes that perpetual swaps offer advantages over dated futures, with equity perpetuals expected to gain volume on permissionless crypto platforms by the late 2020s.
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XRP, Chainlink and Cardano eyed as Altcoin plays on Fed liquidity shift
Analysts predict that XRP, Chainlink, and Cardano could be winners as the Federal Reserve ends quantitative tightening and manufacturing PMI moves above 50, similar to patterns seen in 2019. Dan Gambardello links altcoin bullish phases to these events, with the current cycle ending soon. The three altcoins show potential based on historical data and technical…