Category: crypto

A Dubai-based crypto investor sold all her XRP holdings to buy more Shiba Inu, sparking debate between utility-driven tokens and meme coins. She previously predicted SHIB reaching $1 in 2026, showing confidence in the meme token. The move drew criticism, with XRP supporters questioning the decision to exit amid contrasting price performance.

South Korea’s Financial Supervisory Service will investigate high-risk areas of the virtual asset market, including whale-driven manipulation and API-based spoofing. The FSS plans to use AI tools to detect abnormal trading patterns and voice phishing scams. They will also introduce fines for IT-related incidents and tighten on-site inspections.

United States Treasury Secretary Scott Bessent is urging the Senate Banking Committee to proceed with confirmation hearings for Kevin Warsh as the Federal Reserve chair nominee. Republican Senator Thom Tillis is threatening to block all nominations until an investigation into current Fed chair Jerome Powell is resolved. Bitcoin has dropped over 20% since Warsh’s nomination.

Last week, digital asset investment products showed signs of stabilization as crypto outflows slowed to $187 million. While Bitcoin saw outflows, altcoins like XRP, Solana, and Ethereum attracted fresh inflows. There were selective regional inflows in Europe. Despite a decline in assets under management, trading activity surged, indicating possible market stabilization.

French police arrested six suspects, including a minor, over the kidnapping of a magistrate and her mother in a cryptocurrency ransom plot. The victims were found alive without a ransom being paid after a police operation in southeastern France. The kidnappers demanded payment in cryptocurrency due to the victims’ family connection to a crypto startup.

Polymarket predicts a 27% chance that Donald Trump will launch a new cryptocurrency by the end of the year, based on his company’s Digital Token Initiative. Trump’s family has reportedly earned over $802 million from crypto in the first half of 2025, leading to concerns about potential conflicts of interest.

Finestel’s monthly report reveals that January’s Bitcoin rally ended with the loss of the $84k floor. Retail investors chased the ETF hype while smart money sold off, causing Bitcoin to crash. As smart money accumulated stablecoins and shifted focus, the market faced losses, with support at $75k-$77k and $84k as the trigger for risk-taking. Regulatory…

Two copy-and-paste mistakes led to the loss of $62 million in cryptocurrency in December and January, highlighting the growing security risks associated with basic wallet habits on Ethereum. Scams involving fake wallet addresses and signature phishing have become more prevalent due to low transaction fees, making it easier for scammers to target unsuspecting users.

Block Inc., led by Jack Dorsey, is planning to cut up to 10% of its workforce to improve efficiency. The move could affect around 1,000 employees following internal performance reviews. This decision is part of a broader effort to streamline operations and focus on higher-growth areas, including automation and productivity tools.

CoinShares research notes that quantum computing poses a distant but manageable security risk to Bitcoin, not an imminent threat. Only a small portion of Bitcoin is theoretically vulnerable to quantum attacks. Bitcoin can adopt quantum-resistant upgrades over time to adapt to potential threats, providing ample room for the network to evolve.